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Q3 Luxury Market Report Jackson Hole

Page 1

QUARTER 3 - 2015

S TAT I S T I C A L P R E S E N TAT I O N Jackson Hole Real Estate Market Q3 Luxury Report of Jackson Hole The NeVille Group Real Estate


WHY THE N E V I L L E G RO U P R E A L E S TAT E T E A M ? • TO P P RO D U C I N G S A L E S T E A M • J A C K S O N H O L E L U X U RY E X P E R T S • 30 YEARS EXPERIENCE

• N E G O T I AT I O N E X P E R T I S E • CONFIDENTIALITY • P R O F E S S I O N A L R E L AT I O N S H I P S , P E R S O N A L T O U C H • C H R I S T I E ’ S I N T E R N AT I O N A L R E A L E S TAT E • “ G L O B A L A F F I L I AT E O F T H E Y E A R - 2 0 1 1 & 2 0 1 4 ”


Dear Friends & Clients,

We hope you all are having a fantastic Fall in beautiful Jackson Hole!

Enclosed is the first three quarters of 2015 compared to 2014, statistical presentation of the real estate market in Jackson Hole.

You will find segmented data on seven sub-markets within Teton County and the entire market combined. The sub-markets are: Teton Village, North of Wilson, South of Wilson, Central Valley, Northern Valley, Town of Jackson and South of Jackson.

Year to date, there have been 522 transactions in the Jackson Hole market - a 17% increase compared to 2014. The astonishing categories are the 51% increase in number of properties “under contract� and single-family homes making the largest jump with a 164% increase on pending home sales.

The single-family home sector saw sold prices range from $482,500 to a Bar B Bar Ranch home with a list price of $22M (sales price was undisclosed and estimated at $20,240,000). The average sold price in the multi-family sector grew by 38% and building site average sold price jumped 43% compared to Q3 2014.

Please contact us to discuss how this information can assist you in your current or future planning, of your real estate interests here in Jackson Hole.

Sincerely,

THE NEVILLE GROUP TEAM

David A. NeVille Associate Broker

Shawn M. Asbell Sales Associate

Samantha K. Marquis Marketing Director

Most data in the following graphs is pulled from the local MLS to more specifically show the most accurate recorded data available to make the information more applicable to the market in your neighborhood. We do include information on sales outside of the MLS when verifiable, and use total numbers sold, % of sales closed in MLS etc.


TETON VILLAGE (Realtor Multi-Listing Service Statistics)

SINGLE FAMILY HOMES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS 5

Active

4

5

25%

Pending

4

7

75%

Units Sold

5

5

0%

5

Average Sold Price

$5,444,800

$5,597,400

2.8%

$5,840,000

Median Sold Price

$4,554,000

$2,900,000

-36.32%

$4,554,000

3

8

166.67%

4

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS 43

New Listings MULTI FAMILY HOMES Active

42

31

-26.19%

Pending

22

27

22.73%

Units Sold

18

29

61.11%

26

Average Sold Price

$1,105,189

$1,677,899

51.82%

$1,631,533

Median Sold Price

$788,000

$1,225,000

55.46%

$788,000

39

37

-5.13%

52

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

15

9

-40%

12

Pending

6

8

33.33%

Units Sold

4

8

100%

6

Average Sold Price

$2,623,500

$2,760,250

5.21%

$2,899,167

Median Sold Price

$2,671,000

$2,700,000

1.09%

$2,850,000

5

11

120%

7

New Listings BUILDING SITES

New Listings

2015 Highlights Low Sale

Curtis Dr - $2,325,000

Med Sale

Timbers - $2,900,000

High Sale

Shooting Star - $10,250,000 2014 Top Sale

Ellen Creek - $11,500,000*

2015 Highlights Low Sale

Snake River Lodge - $252,000

Med Sale

Hotel Terra - $1,275,000

High Sale

Four Seasons - $3,950,000 2014 Top Sale

Four Seasons - $4,450,000

2015 Highlights Low Sale

Shooting Star - $2,450,000

Med Sale

Shooting Star - $2,750,000

High Sale

Shooting Star - $3,200,000 2014 Top Sale

Shooting Star - $3,495,000

* Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

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SINGLE FAMILY PENDING TETON VILLAGE SALES ARE UP 75% EXPEC TED CLOSINGS - INCREASE OF OVER 125%

M U LT I FA M I LY A C T I V E L I S T I N G S D O W N 2 6 % W I T H S A L E S U P 6 1 % I N V E N T O R Y N O W AT 9 M O N T H S

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NORTH OF WILSON E XC LU D I N G T E TO N V I L L A G E (Realtor Multi-Listing Service Statistics) SINGLE FAMILY HOMES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

41

40

-2.44%

33

Pending

35

37

5.71%

Units Sold

31

27

-12.90%

36

Average Sold Price

$2,077,628

$2,968,352

42.87%

$2,094,689

Median Sold Price

$1,800,000

$1,950,000

8.33%

$1,850,000

46

58

26.09%

53

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

5

12

140%

10

Pending

31

19

-38.71%

Units Sold

29

20

-31.03%

33

Average Sold Price

$579,831

$645,088

11.25%

$725,316

Median Sold Price

$440,000

$560,000

27.27%

$500,000

26

26

0%

34

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

10

11

10%

10

Pending

11

8

-27.27%

Units Sold

9

7

-22.22%

12

Average Sold Price

$1,437,600

$942,500

-34.44%

$1,370,714

Median Sold Price

$905,000

$1,150,000

27.07%

$1,002,500

12

15

25%

14

New Listings MULTI FAMILY HOMES

New Listings BUILDING SITES

New Listings

2015 Highlights Low Sale

Wilson Home - $625,000

Med Sale

Fish Creek - $1,700,000

High Sale

John Dodge Home - $9,500,000 2014 Top Sale

John Dodge Home - $5,290,000*

2015 Highlights Low Sale

Hollyhock Condo - $337,000

Med Sale

Aspens/Alders - $535,000

High Sale

Teton Pines Lodge - $1,170,000 2014 Top Sale

Teton Pines Garden Home - $1,450,000

2015 Highlights Low Sale

2nd St Wilson - $433,750

Med Sale

Teton Pines Lot - $1,150,000*

High Sale

Stilson Ranch - $1,175,000 2014 Top Sale

Lake Creek Ranch - $4,485,000

Multi Family inventory increased 140%, yet carries only 6 months inventory WEST BANK RESIDENTIAL INVENTORY IS EXPERIENCING NEW LEVELS OF PRICING AND A LACK OF DESIRABLE INVENTORY * Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

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SOUTH OF WILSON (Realtor Multi-Listing Service Statistics)

SINGLE FAMILY HOMES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

26

28

7.69%

17

Pending

18

12

-33.33%

Units Sold

14

12

-14.29%

20

Average Sold Price

$2,057,464

$3,081,750

49.78%

$2,092,588

Median Sold Price

$1,140,000

$1,532,500

34.43%

$1,221,000

26

28

7.69%

26

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

1

0

-100%

0

Pending

0

0

0%

Units Sold

0

0

0%

1

Average Sold Price

0

0

0%

$0

Median Sold Price

0

0

0%

$0

New Listings

0

0

0%

0

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

21

14

-33.33%

21

Pending

10

9

-10%

New Listings MULTI FAMILY HOMES

BUILDING SITES

Units Sold

Low Sale

Red Top - $575,000

Med Sale

Rivermeadows - $1,287,000

High Sale

Teal Trace - $10,580,000* 2014 Top Sale

Coburn Creek Rd - $10,125,000

2015 Highlights Low Sale

n/a

Med Sale

n/a

High Sale

n/a 2014 Top Sale

n/a

8

8

0%

12

Average Sold Price

$1,260,750

$1,203,375

-4.55%

$1,410,500

Median Sold Price

$260,000

$597,500

129.81%

$322,500

16

6

-62.50%

19

New Listings

2015 Highlights

2015 Highlights Low Sale

N Fork Fall Creek - $335,000

Med Sale

Highland Parl Est. - $445,000

High Sale

Crescent H Tract 5 - $5,000,000 2014 Top Sale

Osprey Ranch - $3,850,000

Single Family Home Average Sold Price Increased 50% BUILDING SITE INVENTORY IS DOWN 33% * Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

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CHRISTIE’S ART & ARCHITECTURE

Established in London more than 240 years ago by James Christie, the auction house today is a renowned international organization that conducts some of the most important auctions in the world. The Christie’s brand exudes quality and prestige, while honoring the traditional values established throughout its illustrious history. An inventive lead-generation system between Christie’s and Christie’s International Real Estate creates a mutually beneficial synergy between art and real estate, building a worldclass platform for the highly targeted marketing of distinguished properties. CHRISTIES.COM

Christie’s Education is unique in being wholly owned by Christie’s Auction House, signaling the importance Christie’s places on practical experience of art through education as the key to professional success. As the only major auction house to directly offer degree and non-degree programmes, Christie’s Education continue to follow the principles of hands-on exposure to art, immersing our students in the art world from the beginning of their studies.

CHRISTIE’S EDUCATION

CHRISTIE’S INTERNATIONAL REAL ESTATE

CHRISTIES.EDU

Supported by the esteemed art auction house, Christie’s International Real Estate is a global network offering exclusive home and luxury real estate services to buyers and sellers worldwide. The Christie’s brand is instantly recognizable to clients and distinguishes your property from others. We focus exclusively on luxury residential real estate and understand how to reach and serve discerning clientele. Along with this expertise, we offer you the tailored, trusted service that our clients have depended on for 250 years, collaboration with our auction house colleagues, and referrals from our network of the world’s top brokers. CHRISTIESREALESTATE.COM

Christie’s Travel in association with Abercrombie & Kent, is dedicated to connecting clients with the most important milestone events, masterpiece works and collections, as well as undiscovered artists and trends that comprise the multi-national world of Art today. This unique travel program is made possible through the powerful combination of Christie’s 250 years’ experience in the art market, and offices in 32 countries with leading experts in over 60 Art departments.

CHRISTIE’S TRAVEL

CHRISTIES.COM/TRAVEL


US $95 Billion

57 Million

SALES VOLUME

ANNUAL WEBSITE VISITORS

US $70 Billion

Christie’s International Real Estate

Sotheby’s International Realty

Christie’s International Real Estate

760

Sotheby’s International Realty

NUMBER OF AGENTS

NUMBER OF OFFICES

Sotheby’s International Realty

The Affiliate Network spans the globe with 138 brokerages in 46 countries, operating out of 1,350 offices with more than 32,000 associate brokers.

32,000

1,350

Christie’s International Real Estate

11 Million

Christie’s International Real Estate

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Christie’s International Real Estate is an invitation-only affiliate network comprised of the world’s most proven and qualified real estate specialists in the luxury residential sector, and is the only international luxury real estate network wholly-owned by an international art auction house. By cultivating a unique balance of worldwide scope and highly personalized service, Christie’s International Real Estate has become a global authority on the effective marketing of distinctive properties. A finely tuned suite of programs, and a commitment to the business philosophy established by Christie’s in 1766, defines a brand based on trust, integrity, discretion, and excellence.

16,500

Sotheby’s International Realty

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Each affiliated brokerage is required to meet a set of scrupulous standards before being invited to join the Network. To qualify, brokerages must demonstrate an established track record in the marketing and sale of distinctive properties, as well as a sterling reputation for excellence in customer service.


C E N T R A L VA L L E Y S N A K E R I V E R TO T H E E L K R E F U G E & H W Y 22 N O R T H TO S A G E B R U S H (Realtor Multi-Listing Service Statistics) SINGLE FAMILY HOMES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

23

22

-4.35%

16

Pending

9

13

44.44%

Units Sold

8

12

50%

11

Average Sold Price

$2,215,094

$3,321,917

49.97%

$2,586,922

Median Sold Price

$1,462,500

$2,675,000

82.91%

$1,835,400

19

29

52.63%

21

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

7

8

14.29%

26

Pending

9

7

-22.22%

Units Sold

10

7

-30%

12

Average Sold Price

$512,400

$855,429

66.95%

$504,916

Median Sold Price

$520,000

$729,500

40.29%

$510,000

10

10

0%

11

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

39

46

17.95%

27

Pending

10

15

50%

Units Sold

8

16

100%

14

Average Sold Price

$1,168,750

$2,080,125

77.98%

$1,748,500

Median Sold Price

$1,265,000

$875,000

-30.83%

$1,265,000

29

34

17.24%

34

New Listings MULTI FAMILY HOMES

New Listings

BUILDING SITES

New Listings

2015 Highlights Low Sale

Skyline - $915,000

Med Sale

Skyline - $1,850,000

High Sale

Indian Springs - $6,256,000* 2014 Top Sale

Indian Springs Ranch - $6,600,000

2015 Highlights Low Sale

Teton Shadows Condo - $465,000

Med Sale

Golf Creek - $729,500

High Sale

Spring Creek Ranch - $1,633,000* 2014 Top Sale

Iron Rock - $625,000

2015 Highlights Low Sale

US-89 - $300,000

Med Sale

Skyline - $810,000

High Sale

Bar BC - $8,740,000* 2014 Top Sale

Ranch 3 Bar BC - $9,154,000*

Central Valley Sales Increased 50% PENDING SALES ALSO INCREASED TO 44% * Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

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N O R T H E R N VA L L E Y S A G E B R U S H TO M O R A N & S N A K E R I V E R TO K E L LY (Realtor Multi-Listing Service Statistics) SINGLE FAMILY HOMES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

37

26

-29.73%

9

Pending

9

19

111.11%

Units Sold

9

14

55.56%

13

Average Sold Price

$1,654,778

$3,347,357

102.28%

$1,471,385

Median Sold Price

$1,525,000

$1,375,000

-9.84%

$1,200,000

34

36

5.88%

36

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

New Listings MULTI FAMILY HOMES

2015 Highlights Low Sale

Kelly Home - $650,000

Med Sale

Snake River Wds - $1,175,000

High Sale

Bar B Bar- $20,240,000* 2014 Top Sale

Teton Cascades - $4,600,000

2015 Highlights

There are rarely any Multi Family units sold in this area. BUILDING SITES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS 19

Active

31

40

29.03%

Pending

7

8

14.29%

Units Sold

6

8

33.33%

12

Average Sold Price

$960,180

$909,800

-5.25%

$1,141,583

Median Sold Price

$662,500

$974,200

47.05%

$725,000

28

39

39.29%

29

New Listings

2015 Highlights Low Sale

Kelly Lot - $325,000

Med Sale

Bar B Bar - $823,000

High Sale

Owl Creek - $1,300,000 2014 Top Sale

Solitude - $4,600,000

Northern Valley Sales Remain Strong in Q3 2015 5 6 % I N C R E A S E I N N U M B E R O F S I N G L E FA M I LY H O M E S S O L D 111% INCREASE IN PENDING SALES 29% DECREASE IN INVENTORY * Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

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TOWN OF JACKSON (Realtor Multi-Listing Service Statistics) SINGLE FAMILY HOMES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

30

33

10%

21

Pending

9

19

111.11%

Units Sold

33

40

21.21%

45

Average Sold Price

$935,496

$947,413

1.27%

$972,940

Median Sold Price

$760,000

$842,500

10.86%

$808,680

58

72

24.14%

66

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS 18

Active

New Listings MULTI FAMILY HOMES Active

34

46

35.29%

Pending

80

81

1.25%

Units Sold

64

67

4.69%

54

Average Sold Price

$478,649

$504,757

5.45%

$616,245

Median Sold Price

$415,000

$442,500

6.63%

$415,000

88

119

35.23%

102

New Listings BUILDING SITES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

17

15

-11.76%

10

Pending

8

5

-37.50%

Units Sold

6

5

-16.67%

8

Average Sold Price

$540,333

$884,900

63.77%

$495,875

Median Sold Price

$470,000

$462,500

-1.6%

$403,500

18

10

-44.44%

19

New Listings

2015 Highlights Low Sale

Meadowlark Ln - $549,000

Med Sale

Kelly Ave - $865,000

High Sale

Snow King Estates - $1,850,000 2014 Top Sale

Saddle Butte - $4,300,000

2015 Highlights Low Sale

Hansen Meadows - $225,000

Med Sale

Cottonwood Flats - $462,500

High Sale

Pineglades - $1,650,000 2014 Top Sale

810 W - $900,000

2015 Highlights Low Sale

Rodeo Dr - $387,000

Med Sale

Cache Creek Dr - $425,000

High Sale

Corner of King/Gill - $2,600,000 2014 Top Sale

Saddle Butte - $740,000

Top Single Family Home Sale thus far in 2015 $ 1 , 8 5 0 , 0 0 0 AT S N O W K I N G E S TAT E S N E W L I S T I N G S O N M A R K E T H A V E R I S E N I N B O T H S I N G L E & M U LT I FA M I LY S E G M E N T S * Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

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SOUTH OF JACKSON (Realtor Multi-Listing Service Statistics)

SINGLE FAMILY HOMES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

48

48

0%

32

Pending

42

43

2.38%

Units Sold

37

39

5.41%

59

Average Sold Price

$1,387,570

$1,183,542

-14.7%

$1,483,769

Median Sold Price

$915,400

$850,000

-7.14%

$874,500

71

79

11.27%

75

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS 34

New Listings MULTI FAMILY HOMES Active

2

3

50%

Pending

6

8

33.33%

Units Sold

6

6

0%

7

Average Sold Price

$341,917

$475,113

38.96%

$391,959

Median Sold Price

$305,250

$468,340

53.43%

$396,000

4

7

75%

7

New Listings BUILDING SITES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

72

46

-36.11%

59

Pending

23

25

8.7%

Units Sold

21

19

-9.52%

32

Average Sold Price

$1,007,218

$1,904,792

89.11%

$1,018,817

Median Sold Price

$265,000

$800,000

201.89%

$347,500

41

43

4.88%

43

New Listings

2015 Highlights Low Sale

Hoback Jct Home - $482,500

Med Sale

S Park Ranch Rd - $945,000

High Sale

Dairy Ln Home - $7,250,000 2014 Top Sale

Bryan Flat - $7,820,000*

2015 Highlights Low Sale

NE Forty RJ - $429,000

Med Sale

SE Forty RJ - $450,000

High Sale

Cedarwoods RJ - $500,000 2014 Top Sale

Walden Pond - $565,000

2015 Highlights Low Sale

Rogers Pt Lot - $242,500

Med Sale

Valley View - $617,500

High Sale

Ely Springs - $10,580,000* 2014 Top Sale

Boyles Hill Rd - $9,154,000*

Average Sold Price on Building Sites I N C R E A S E D

89%

D U E T O T H E E LY S P R I N G S S A L E O F $ 1 0 , 5 8 0 , 0 0 0 * Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

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W HY J ACKSON HOLE ? Jackson Hole, Wyoming is a vibrant, mountain community - home to the stunning Grand Teton Mountain range, Grand Teton & Yellowstone National Parks, and the Bridger Teton National Forest. Designated as one of the most fit and philanthropic regions in the nation, Jackson Hole residents enjoy healthy lifestyles and are deeply engaged in their community. Wyoming is the most “tax-friendly� state in the United States - providing Jackson Hole with an incredible community of people, food, the arts, outdoors and wildlife, making Teton County one of the most sought-after lifestyle locations in the world. ALL PROPERTIES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

466

479

2.79%

390

Pending

45

68

51.11%

Units Sold

326

350

7.36%

455

Average Sold Price

$1,185,374

$1,541,648

30.06%

$1,192,359

Median Sold Price

$757,500

$845,000

11.55%

$765,000

572

648

13.29%

652

New Listings

88% SOLD properties reported through MLS Q1 - Q3 2014 82% SOLD properties reported through MLS Q1 - Q3 2015

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A L L O F TE TON COU NT Y (Realtor Multi-Listing Service Statistics)

SINGLE FAMILY HOMES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

191

201

5.24%

146

Pending

14

37

164.29%

137

150

9.49%

189

Average Sold Price

Units Sold

$1,717,228

$3,490,330

103.25%

$1,708,156

Median Sold Price

$1,150,000

$1,175,000

2.17%

$1,125,000

259

310

19.69%

281

New Listings

SINGLE FAMILY HOMES SOLD Q1 - Q3 2015

MULTI FAMILY HOMES

2014 Q1- Q3

2015 Q1- Q3

Low Sale

Hoback Jct Home - $482,500

Med Sale

JH Golf & Tennis Cabin - $1,250,000

High Sale

Bar B Bar Ranch - $20,240,000* 2014 Top Sale

Ellen Creek - $11,500,000*

114

20

7

9

$0 - $2M

$2M - $5M

$5M-$8M

$8M+

%

2014 TOTALS 77

Active

88

96

9.09%

Pending

19

18

-5.26%

Units Sold

127

129

1.57%

170

Average Sold Price

$586,752

$807,893

37.69%

$616,343

Median Sold Price

$455,000

$510,000

12.09%

$462,000

164

190

15.85%

206

New Listings

2015 Highlights

2015 Highlights Low Sale

Hansen Meadows - $225,000

Med Sale

Aspens “Alders” - $535,000

High Sale

Granite Ridge - $3,950,000 2014 Top Sale

Four Seasons - $4,450,000

101

MULTI FAMILY HOMES SOLD Q1 - Q3 2015

$0 - $1M

BUILDING SITES

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

Active

187

182

2.67%

167

Pending

12

13

8.33%

62

71

14.52%

96

Average Sold Price

Units Sold

$1,177,791

$1,682,851

42.88%

$1,459,073

Median Sold Price

$657,500

$950,000

44.49%

$777,500

149

148

-0.67%

165

New Listings

BUILDING SITES SOLD Q1 - Q3 2015

17

11

$1M - $2M

$2M+

2015 Highlights Low Sale

Rogers Pt - $242,500

Med Sale

Crescent H - $950,000

High Sale

Ely Springs - $10,580,000* 2014 Top Sale

Ranch 3 Bar BC - $9,154,000*

36

16

14

5

$0 - $1M

$1M - $2M

$2M-$5M

$5M+

Units Sold Increased Q1- Q3 2015 vs. Q1 - Q3 2014 I N A L L C AT E G O R I E S - S I N G L E FA M I LY, M U LT I FA M I LY & B U I L D I N G S I T E S * Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

307.734.9949

tngjh.com


The NeVille Group – Named Top Producing Sales Team of Jackson Hole Real Estate Associates, and Exclusive Affiliate of Christie’s International Real Estate, The NeVille Group is compromised of successful, dedicated and experienced professionals, backed by years of luxury sales success, global connections, and the largest real estate brokerage in the region. The NeVille Group understands the Jackson Hole market, is globally connected, and locally respected. Jackson Hole Real Estate Associates – The region’s largest and most progressing real estate brokerage in Jackson Hole and the area. The collection of properties, and expertise is unsurpassed and we represent some of the most unique and sought-after real estate in the world. Christie’s International Real Estate – A global network of top brokerages dedicated to the marketing and sale of luxury residential properties. Our access covers a worldwide audience of more than 1,350 real estate offices in 46 countries and transactions resulting in over $125 billion in sales annually.

270 West Pearl Ave, Suite 101 Jackson, WY 83001

WWW.TNGJH.COM

David A. NeVille Associate Broker 307.690.3209 davidneville@jhrea.com

Shawn M. Asbell Sales Associate 307.413.6231 shawnasbell@jhrea.com

Samantha K. Marquis Marketing Director 307.699.2196 sam@thenevillegroup.com


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