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Q1-Q4 2015 Jackson Hole Market Report

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Q1-Q4 2015

S TAT I S T I C A L P R E S E N TAT I O N o f t h e Jackson Hole Real Estate Market Luxury Report of Jackson Hole


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,

Enclosed is all four quarters of 2015 compared to 2014, statistical presentation of the real estate market in Teton County.

The overall market in MLS & non-MLS combined, experienced a 26% total dollar volume increase over 2014, peaking over the 1 Billion Dollar mark. Number of transactions increased 17% and our inventory “Active On The Market” ended 2015 at a 371. The all time “Low Active Inventory” was experienced in 2006 at 291 listings. With little or no new medium or larger developments ready for market, we expect to see the continued growth in values and shrinking inventory.

Within this report, 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.

2015 YEAR-END HIGHLIGHTS IN TETON COUNTY - The number of overall sales increased by 17% - $2.14M was average sale price for a single-family home - Average sale price of multi-family units soared 36% - Building site average sale price jumped 26%, with an average sale price of $1.78M 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- Q4

2015 Q1- Q4

%

2014 TOTALS 5

Active

5

6

20%

Pending

4

8

100%

Units Sold

5

7

40%

5

Average Sold Price

$5,444,800

$5,335,286

-2.01%

$5,444,800

Median Sold Price

$4,554,000

$4,300,000

-5.58%

$4,554,000

4

10

150%

4

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS 44

New Listings MULTI FAMILY HOMES Active

44

37

-15.91%

Pending

27

34

25.93%

Units Sold

26

36

38.46%

26

Average Sold Price

$1,201,263

$1,679,249

39.79%

$1,201,263

Median Sold Price

$788,000

$1,275,000

61.80%

$788,000

82

92

12.20%

82

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

12

9

-25%

12

Pending

6

11

83.33%

Units Sold

6

9

50%

6

Average Sold Price

$2,789,833

$2,614,667

-6.28%

$2,789,833

Median Sold Price

$2,850,000

$2,650,000

-7.02%

$2,850,000

7

15

114.29%

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 - $237,000

Med Sale

Timber Ridge - $1,200,000

High Sale

Shooting Star - $5,060,000 2014 Top Sale

Four Seasons - $4,450,000

2015 Highlights Low Sale

Morley Dr - $1,450,000

Med Sale

Shooting Star - $2,500,000

High Sale

Shooting Star - $3,082,000 2014 Top Sale

Shooting Star - $3,495,000

* Sales price was “UNDISCLOSED” 92% of list price was used. * Information herein is deemed reliable but not guaranteed. Data is relative to the whole market and may not reflect every sale.

307.734.9949

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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 I N C R E A S E D B Y 4 0 % W I T H A H I G H S A L E I N T H E S H O O T I N G S TA R M A R K E T O F $ 1 0 , 2 5 0 , 0 0 0 I N 2 0 1 5

Photo by Julie Weinberger

M U LT I - FA M I LY S E G M E N T I S S H O W I N G I N V E N T O R Y D E C R E A S I N G B Y 1 6 % & T H E AV E R AG E S A L E S P R I C E J U M P I N G U P 40%

S H O O T I N G S TA R P E R F O R M I N G AS THE STRONGEST MARKET S E G M E N T I N T H E VA L L E Y

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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- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

33

30

-9.09%

33

Pending

39

42

7.69%

Units Sold

36

42

16.67%

36

Average Sold Price

$2,019,318

$3,038,543

50.47%

$2,019,318

Median Sold Price

$1,850,000

$2,075,000

12.16%

$1,850,000

53

64

20.75%

53

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

10

10

0%

10

Pending

33

28

-15.15%

Units Sold

33

27

-18.18%

33

Average Sold Price

$568,003

$686,302

20.83%

$568,003

Median Sold Price

$500,000

$585,000

17%

$500,000

34

35

2.94%

34

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

10

12

20%

10

Pending

19

16

-15.79%

Units Sold

12

8

-33.33%

12

Average Sold Price

$1,407,367

$978,750

-30.46%

$1,407,367

Median Sold Price

$1,002,500

$1,150,000

14.71%

$1,002,500

14

18

28.57%

14

New Listings MULTI FAMILY HOMES

New Listings BUILDING SITES

New Listings

2015 Highlights Low Sale

Wilson Home - $625,000

Med Sale

Teton Pines Cluster - $2,277,000

High Sale

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

3 B Ranch Rd @ $7,575,000

2015 Highlights Low Sale

Hollyhock Condo - $337,000

Med Sale

Aspens - $585,000

High Sale

Teton Pines Garden Home - $1,283,400

2014 Top Sale Teton Pines Garden Home - $1,450,000

2015 Highlights Low Sale

2nd St Wilson - $433,750

Med Sale

Stilson Ranch - $1,175,000

High Sale

Stilson Ranch - $1,232,500 2014 Top Sale

Lake Creek Ranch - $4,485,000

“WEST BANK” MARKET CONTINUES TO THRIVE WITH S I N G L E - FA M I LY H O M E AV E R A G E S O L D P R I C E S I N C R E A S I N G 5 0 % A N D M U LT I - FA M I LY M A R K E T S O L D P R I C E C L I M B I N G 2 1 % * Sales price was “UNDISCLOSED” 92% of list price was used. * Information herein is deemed reliable but not guaranteed. Data is relative to the whole market and may not reflect every sale.

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SOUTH OF WILSON (Realtor Multi-Listing Service Statistics)

SINGLE FAMILY HOMES

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

18

15

-16.67%

18

Pending

21

19

-9.52%

Units Sold

20

17

-15%

20

Average Sold Price

$2,106,988

$2,506,529

18.96%

$2,106,988

Median Sold Price

$1,271,000

$1,400,000

10.15%

$1,271,000

26

30

15.38%

26

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

0

0

0%

0

Pending

1

0

0%

Units Sold

1

0

0%

1

Average Sold Price

$740,000

0

0%

$740,000

Median Sold Price

$740,000

0

0%

$740,000

4

0

-100%

4

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

22

12

-45.45%

22

Pending

12

9

-25%

New Listings MULTI FAMILY HOMES

New Listings BUILDING SITES

12

9

-25%

12

Average Sold Price

Units Sold

$1,410,500

$1,160,778

-17.7%

$1,410,500

Median Sold Price

$322,500

$750,000

132.56%

$322,500

19

7

-63.16%

19

New Listings

2015 Highlights Low Sale

Red Top - $480,000

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

$740,000

2015 Highlights Low Sale

N Fork Fall Creek - $335,000

Med Sale

Fall Creek Rd - $820,000

High Sale

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

Osprey Ranch - $3,850,000

SHRINKING INVENTORY “A C T I V E ” S I N G L E - FA M I LY H O M E S D O W N 1 7 % “A C T I V E ” B U I L D I N G S I T E S D O W N A D R A M AT I C 4 5 % * Sales price was “UNDISCLOSED” 92% of list price was used. * Information herein is deemed reliable but not guaranteed. Data is relative to the whole market and may not reflect every sale.

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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 $113 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 47 countries, operating out of 1,350 offices with more than 35,000 associate brokers.

35,000

1,350

Christie’s International Real Estate

11 Million

Christie’s International Real Estate

307.734.9949

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

tngjh.com

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- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

17

22

29.41%

17

Pending

13

16

23.08%

Units Sold

11

18

63.64%

11

Average Sold Price

$2,586,923

$3,005,444

16.18%

$2,586,922

Median Sold Price

$1,835,400

$2,650,000

44.38%

$1,835,400

22

34

54.55%

22

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

6

6

0%

6

Pending

10

9

-10%

Units Sold

12

9

-25%

12

Average Sold Price

$504,917

$814,990

61.41%

$504,917

Median Sold Price

$510,000

$729,500

43.04%

$510,000

11

10

-9.09%

11

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

38

34

-10.53%

38

Pending

17

16

-5.88%

Units Sold

14

20

42.86%

14

Average Sold Price

$1,748,500

$2,194,550

25.51%

$1,748,500

Median Sold Price

$1,265,000

$1,032,500

-18.38%

$1,265,000

35

33

-5.71%

35

New Listings MULTI FAMILY HOMES

New Listings

BUILDING SITES

New Listings

2015 Highlights Low Sale

Skyline - $915,000

Med Sale

Spring Creek - $3,350,000

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

Teton Shadows Condo - $551,907

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*

6 4 % I N C R E A S E I N S I N G L E - FA M I LY H O M E S S O L D 43% INCREASE IN BUILDING SITES SOLD * Sales price was “UNDISCLOSED” 92% of list price was used. * Information herein is deemed reliable but not guaranteed. Data is relative to the whole market and may not reflect every sale.

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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- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

22

16

-27.27%

22

Pending

16

25

56.25%

Units Sold

13

24

84.62%

13

Average Sold Price

$1,471,385

$2,644,958

79.76%

$1,471,385

Median Sold Price

$1,200,000

$1,370,500

14.21%

$1,200,000

36

37

2.78%

36

2014 Q1- Q3

2015 Q1- Q3

%

2014 TOTALS

New Listings MULTI FAMILY HOMES

2015 Highlights Low Sale

Buffalo Valley - $490,000

Med Sale

Buffalo Valley - $1,050,000

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- Q4

2015 Q1- Q4

%

2014 TOTALS 20

Active

20

39

95%

Pending

12

9

-25%

Units Sold

12

9

-25%

12

Average Sold Price

$1,139,257

$1,475,378

29.5%

$1,139,257

Median Sold Price

$725,000

$1,125,000

55.17%

$725,000

29

42

44.83%

29

New Listings

2015 Highlights Low Sale

Kelly Lot - $325,000

Med Sale

Bar B Bar - $1,125,000

High Sale

Bar B Bar - $6,000,000 2014 Top Sale

Solitude - $4,600,000

8 5 % 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 25% DECREASE IN NUMBER OF BUILDING SITES SOLD 8 0 % I N C R E A S E A N D 3 0 % I N C R E A S E I N S O L D P R I C E S , R E S P E C T I V E LY.

* Sales price was “UNDISCLOSED” 92% of list price was used. * Information herein is deemed reliable but not guaranteed. Data is relative to the whole market and may not reflect every sale.

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

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

21

29

38.10%

21

Pending

44

52

18.18%

Units Sold

45

52

15.56%

45

Average Sold Price

$956,786

$1,048,587

9.59%

$956,7

Median Sold Price

$808,680

$845,000

4.49%

$808,680

66

85

28.79%

66

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS 18

New Listings MULTI FAMILY HOMES Active

18

29

61.11%

Pending

97

90

-7.22%

Units Sold

87

92

5.75%

87

Average Sold Price

$470,244

$568,422

20.88%

$470,244

Median Sold Price

$415,000

$463,750

11.75%

$415,000

102

133

30.39%

102

New Listings BUILDING SITES

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

12

12

0%

12

Pending

9

8

-11.11%

Units Sold

8

8

0%

8

Average Sold Price

$491,925

$2,070,313

320.86%

$491,925

Median Sold Price

$403,500

$525,000

30.11%

$403,500

19

13

-31.58%

19

New Listings

2015 Highlights Low Sale

Aspen St - $485,000

Med Sale

Stacey Ln - $685,000

High Sale

4 Gill Add Lot’s - $4,600,000 2014 Top Sale

Saddle Butte - $4,300,000

2015 Highlights Low Sale

Hansen Meadows - $225,000

Med Sale

Creekside - $450,000

High Sale

Pineglades - $1,650,000 2014 Top Sale

810 W - $900,000

2015 Highlights Low Sale

Rodeo Dr - $387,000

Med Sale

Daisy Bush - $500,000

High Sale

Forest Service - $11,040,000* 2014 Top Sale

Saddle Butte - $740,000

S I N G L E - FA M I LY H O M E I N V E N T O R Y C O N T I N U E S T O I N C R E A S E AT 3 8 % M U LT I - FA M I LY H O M E S P R O V I D E D A 2 1 % I N C R E A S E I N AV E R A G E S A L E * Sales price was “UNDISCLOSED” 92% of list price was used. * Information herein is deemed reliable but not guaranteed. Data is relative to the whole market and may not reflect every sale.

307.734.9949

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SOUTH OF JACKSON (Realtor Multi-Listing Service Statistics)

SINGLE FAMILY HOMES

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

32

33

3.13%

32

Pending

52

49

-5.77%

Units Sold

60

52

-13.33%

60

Average Sold Price

$1,425,208

$1,407,034

-1.28%

$1,425,208

Median Sold Price

$915,200

$813,250

-11.14%

$915,200

107

115

7.48%

107

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS 4

New Listings MULTI FAMILY HOMES Active

4

2

-50%

Pending

11

12

9.09%

Units Sold

7

10

42.86%

7

Average Sold Price

$371,643

$480,868

29.39%

$371,643

Median Sold Price

$396,000

$490,840

23.95%

$396,000

7

8

14.29%

7

New Listings BUILDING SITES

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

60

36

-40%

60

Pending

29

28

-3.45%

Units Sold

32

27

-15.63%

32

Average Sold Price

$1,332,034

$1,682,887

26.34%

$1,332,034

Median Sold Price

$347,500

$831,600

139.31%

$347,500

44

36

-18.18%

44

New Listings

2015 Highlights Low Sale

Hoback Jct Home - $482,500

Med Sale

S Park Ranch Rd - $945,000

High Sale

3 Creek Ranch - $13,708,000* 2014 Top Sale

Bryan Flat - $7,820,000*

2015 Highlights Low Sale

Deer Dr - $230,000

Med Sale

NE Forty RJ - $486,680

High Sale

Twinhome RJ - $710,000 2014 Top Sale

Walden Pond - $565,000

2015 Highlights Low Sale

Rogers Point Lot - $242,500

Med Sale

Snake River Sporting Club - $837,500

High Sale

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

Boyles Hill Rd - $9,154,000*

STRONGEST SALES IN SOUTH OF TOWN WERE A 3 CREEK HOME WITH AN E S T I M AT E D S A L E O F $ 1 3 . 7 0 8 M & 5 0 A C R E S O N T H E S N A K E R I V E R & E LY S P R I N G S , W H I C H S O L D F O R A N E S T I M AT E D $ 1 0 . 5 8 M * Sales price was “UNDISCLOSED” 92% of list price was used. * Information herein is deemed reliable but not guaranteed. Data is relative to the whole market and may not reflect every sale.

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Photo by Julie Weinberger

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- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

342

371

8.48%

342

Pending

45

27

-40%

Units Sold

452

477

5.53%

452

Average Sold Price

$1,169,212

$1,522,052

30.18%

$1,169,212

Median Sold Price

$735,000

$850,000

15.65%

$735,000

856

930

8.64%

856

New Listings

70% SOLD properties reported through MLS Q1 - Q4 2014 66% SOLD properties reported through MLS Q1 - Q4 2015 * Sales price was “UNDISCLOSED” 92% of list price was used. * Information herein is deemed reliable but not guaranteed. Data is relative to the whole market and may not reflect every sale.

307.734.9949

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

SINGLE FAMILY HOMES

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

148

144

-2.7%

148

Pending

14

11

-21.43%

190

212

11.58%

Average Sold Price

Units Sold

$1,671,401

$2,136,066

27.8%

Median Sold Price

$1,112,500

$1,262,500

13.48%

282

345

22.34%

New Listings

SINGLE FAMILY HOMES SOLD Q1 - Q4 2015

MULTI FAMILY HOMES

2014 Q1- Q4

2015 Q1- Q4

190

Wilson Home - $1,175,000

High Sale

Bar B Bar - $20,240,000*

10

38

$0 - $2M

$2M - $5M

%

2014 TOTALS 82

84

35.48%

19

10

-47.37%

Units Sold

166

175

5.42%

166

Average Sold Price

$604,149

$824,262

36.43%

$604,149

Median Sold Price

$462,000

$533,500

15.48%

$462,000

207

248

19.81%

207

10

$5M-$8M

$8M+

2015 Highlights Low Sale

Hansen Meadows - $225,000

Med Sale

Teton Shadows - $532,000

High Sale

Shooting Star - $5,060,000* 2014 Top Sale

Four Seasons - $4,450,000

136

28

13

$0 - $1M

$1M - $2M

$2M+

MULTI FAMILY HOMES SOLD Q1 - Q4 2015

2014 Q1- Q4

2015 Q1- Q4

%

2014 TOTALS

Active

151

144

-4.64%

151

Pending

12

6

-50%

Units Sold

96

90

-6.25%

96

Average Sold Price

$1,409,000

$1,776,625

26.09%

$1,409,000

Median Sold Price

$777,500

$981,000

26.17%

$777,500

367

337

-8.17%

367

BUILDING SITES SOLD Q1 - Q4 2015

Med Sale

154

62

New Listings

Red Top - $480,000

Ellen Creek - $11,500,000*

282

Active

BUILDING SITES

Low Sale

2014 Top Sale

Pending

New Listings

2015 Highlights

2015 Highlights Low Sale

Rogers Pt - $242,500

Med Sale

Crescent H - $950,000

High Sale

Forest Service - $11,040,000* 2014 Top Sale

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

45

22

10

9

$0 - $1M

$1M - $2M

$2M-$5M

$5M+

T H E N U M B E R O F O V E R A L L S A L E S I N C R E A S E D BY 6% & AV E R AG E S A L E S P R I C E FOR THE OVERALL MARKET INCREASED BY 30%, UP TO $1.52M

* Sales price was “UNDISCLOSED” 92% of list price was used. * Information herein is deemed reliable but not guaranteed. Data is relative to the whole market and may not reflect every sale.

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 47 countries and transactions resulting in over $113 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


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