JACKSON HOLE REAL ESTATE MARKET REPORT | MID-YEAR 2017
First half of 2017 has seen a 10% increase in overall number of transactions and 13% increase in total dollar volume compared to last year.
Lots of action happening in the area furthest south of Jackson – we saw a shocking 1200% increase in transactions.
Town of Jackson continues to win the popularity contest, garnering the most transactions of any area in the valley with 115 transactions.
Lack of inventory continued to be a significant issue. As of mid-year 2017, there were 12% fewer listings when compared to this time last year. The inventory shortage was a contributing factor in increased sale prices, average sale price was up about 5%.
Click to view Jackson Hole full report as well as reports for Star Valley and Teton Valley, Idaho.