Jackson Hole Mounted Police

At Jackson Hole Real Estate Associates, our commitment to community is a cornerstone of all we do. We strive to always put people first and to give back and honor this remarkable area we call home.

This year we launched our Community Grants Program—the only philanthropic matching initiative offered by a real estate brokerage in the region. The purpose is simple: To support our agents’ tireless dedication to the places we live and love.

Over just the past four months, the Community Grants Program has donated more than $8,000 to support local non-profits with which the JHREA team is involved. That adds to the more than $1.75 million in philanthropic giving Jackson Hole Real Estate Associates has made over the years and more than 20,000 hours of community service the team has volunteered.

Not bad for a brokerage that was founded at the height of the Great Recession. In 2009, the country’s financial markets were in turmoil, still reeling from the mortgage collapse a year prior. Property prices were in limbo with lenders reluctant to issue loans and buyers and sellers cautious about the direction of the economy.

But where others saw uncertainty, Jackson Hole Real Estate Associates saw opportunity. Drawing on our team’s centuries of combined experience, our brokerage ventured forward with an honest mission: To empower our clients, community and neighbors with the highest levels of service, the greatest market insight and unmatched professionalism.

That people-first philosophy not only helped us weather the tough times—it propelled us as the region’s leading brokerage. Jackson Hole Real Estate Associates proudly represents the most buyers and sellers of any real estate company in the area. And we continually aim to raise the bar further, through innovative technologiescutting-edge marketing solutions and the world’s largest global network.

Jackson Hole Real Estate Associates is pleased to be the most philanthropic real estate brokerage in the most philanthropic region in the country. It’s not about us—it’s about a commitment to what makes this area remarkable. We have always put people first, and it makes all the difference. Contact us to learn why Jackson Hole Real Estate Associates is the region’s leading brokerage.

Experience Jackson Hole | The Catalog of Fine Properties

We are pleased to present Experience Jackson Hole: The Catalog of Fine Properties and Lifestyle for Summer 2019. Inside readers will find a selection of exceptional homes and properties from Jackson Hole, Star Valley, Teton Valley and the surrounding regions, as well as a look at the organizations, people and culture that make this area such a remarkable destination.

With centuries of combined experience and 11 locations across the Mountain West, our team provides the highest standard of service and an unmatched understanding of the region’s markets. Jackson Hole Real Estate Associates is proud to represent the most buyers and sellers of any real estate brokerage in the region.

Our affiliations with Christie’s International Real Estate and Leading Real Estate Companies of the World provide access to the world’s leading global networks. Coupled with our innovative marketing strategies, Jackson Hole Real Estate Associates provides the greatest exposure for sellers and best opportunities for buyers.

Whether you are in the market, or simply want to learn more about the area, no one knows Jackson Hole and the region better.

We invite you to explore Experience Jackson Hole: The Catalog of Fine Properties and Lifestyle. And, as members of the Multiple Listing Service (MLS), we can assist you with any property in the region.

Summer Catalog of Fine Properties

Our Summer Catalog of Fine Properties has arrived!

We are pleased to present this current selection of exceptional real estate as well as information pertaining to some of the wonderful resources and organizations available to our visitors and residents. Please stop by one of our locations to pick up a copy or follow the link to view the digital version.

View Catalog of Fine Properties >

Jackson Hole Real Estate Associates Teams Up With Snow King Resort

Press Release

Jackson Hole Real Estate Associates and Snow King Resorts create a partnership!

Jackson Hole Real Estate Associates and Snow King Resorts create a partnership!

May 8, 2014

Jackson Hole Real Estate Associates — Christie’s International Real Estate announces the opening of their office in the Snow King Hotel and Grand View Lodge.

Jackson Hole Real Estate Associates and Snow King Hotel and Grand View Lodge are proud to announce their exclusive real estate partnership. This partnership affords additional opportunities to assist clients regarding their real estate needs as well as additional marketing exposure for Jackson Hole Real Estate Associates listings.

For Immediate Release — Jackson Hole Real Estate Associates, the exclusive affiliate of Christie’s International Real Estate, and Snow King Hotel and Grand View Lodge are pleased to announce that they have forged an exclusive marketing relationship. The real estate company will open a new office in the lobby of the resort this summer as well as offer exclusive placement of Jackson Hole Real Estate Associates marketing collateral in Snow King outlets, guest rooms and outside properties under Snow King management.

Under the expert management of Benchmark Hospitality, Snow King Hotel and Grand View Lodge has undergone a $17-million renovation as well as an overhaul of services and facilities to elevate the resort to Jackson’s premier luxury conference facility. Snow King’s elevated stature combined with Jackson Hole Real Estate Associates as the largest real estate company in the region offers the perfect synergy between the two market leaders to better enhance their overall offerings.

“Jackson Hole Real Estate Associates is proud to be working in partnership with this iconic Jackson resort. The enhanced marketing reach as well as the ability to serve additional visitors through the hotel is a compliment to both Snow King and our company.” said Bomber Bryan, JHRE Associates Partner.

“We are delighted to have the region’s premier real estate firm be a part of our -magnificent transformation,” stated Geoff Young, Snow King Hotel and Grand View Lodge General Manager. “As we considered the opportunity, we felt confident that the exclusive affiliate of Christie’s International Real Estate – the world’s largest luxury real estate brand – would be the perfect balance to the luxury brand we have developed at the resort,” continued Young.

To learn more about Jackson Hole Real Estate Associates please visit http://www.jhrea.com/. To learn more about Snow King Hotel and Grand View Lodge please visit http://www.snowking.com/ .

About Jackson Hole Real Estate Associates

Jackson Hole Real Estate Associates is the exclusive affiliate of Christie’s International Real Estate in Wyoming and Idaho and was recognized as the Global Affiliate of the Year from Christie’s International Real Estate. The reputation of Jackson Hole Real Estate Associates for exemplary client service and market knowledge combined with the power of Christie’s International Real Estate, the largest network of independent real estate firms, offers a synergy between local strength and global networking. Christie’s International Real Estate, a wholly owned subsidiary of the renowned auction house Christie’s, is the largest international network of real estate companies specializing in the sale of luxury and notable properties.

About Christie’s International Real Estate

Christie’s International Real Estate is the largest international network of real estate companies dedicated to the sale and marketing of luxury homes and a subsidiary of Christie’s, the world’s leading art business. Christie’s clients who buy and sell works of art often request real estate services. The Christie’s International Real Estate global network spans more than 42 countries with over 1,000 offices and approximately 35,000 brokers. Committed to the auction house’s two-century-old tradition of exceptional customer service and expertise in high-value marketing, the network achieved total combined sales in excess of $125 billion.

Admittance to the Christie’s International Real Estate network is offered by invitation only to those real estate companies with proven records of success in high-value home sales and who exemplify Christie’s traditional value of service. Exceptionally skilled local real estate specialists, a client-focused approach, and strategic global marketing to a qualified audience of proven luxury consumers are the hallmarks of Christie’s International Real Estate

Nestled at the edge of the Bridger-Teton National Forest and the base of Snow King Mountain, Snow King Hotel and Grand View Lodge is your home in historic downtown Jackson and your gateway to two of America’s most beloved national parks. Grand Teton National Park lies just 20 minutes north, with Yellowstone another 30 to 40 minutes further. Fully renovated in 2013, the resort offers the finest that Jackson Hole hotels have to offer, with traditional Western ambiance. Crisp bedding, luxurious mattresses, New Generation pillows and soothing finishes which make for a sumptuous stay, and the full-service business center is matched only by the professional and attentive staff.

Vacation Home Property Sales Surge

Solitude - Jackson Hole, Wyoming

Another great post from our friends at KCM Blog…..

The American desire to own a second home as a vacation home is alive and well!

The National Association of Realtors analysis of U.S. Census Bureau data shows there are approximately 8 million vacation homes in the U.S. Their 2014 Investment and Vacation Home Buyers Survey shows vacation home sales improved substantially in 2013.

NAR Chief Economist Lawrence Yun said favorable conditions are driving second-home sales:

“Growth in the equity markets has greatly benefited high net-worth households, thereby providing the wherewithal and confidence to purchase recreational property,” he said. “However, vacation-home sales are still about one-third below the peak activity seen in 2006.”

Here are the key findings from the report:

Raw Numbers

  • Vacation-Home sales rose 29.7 percent to 717,000 from 553,000 in 2012
  • Sales accounted for 13% of all transactions last year, up from 11% in 2012
  • The median price was $168,700, compared with $150,000 in 2012, reflecting a greater number of more expensive recreational property sales in 2013
  • 42% of vacation homes purchased in 2013 were distressed homes (in foreclosure or short sale)

Buyer Profile

  • The typical vacation-home buyer was 43 years old
  • The median household income was $85,600
  • Buyers plan to own their recreational property for a median of 6 years
  • 33% said they were likely to purchase another vacation home within two years
  • 82% of all second-home buyers said it was a good time to buy (compared with 67% of primary residence buyers)

Reasons for Purchasing

Lifestyle factors remain the primary motivation for vacation-home buyers:

  • 87% want to use the property for vacations or as a family retreat
  • 31% plan to use it as a primary residence in the future
  • 28% wanted to diversify their investments or saw a good investment opportunity
  • 23% plan to rent to others


  • 41% of vacation homes purchased last year were in the South
  • 28% in the West
  • 18% in the Northeast
  • 14% in the Midwest

The vacation homebuyer purchased a property that was a median distance of 180 miles from their primary residence (down from 435 in 2012)

  • 46% were within 100 miles
  • 34% were more than 500 miles


  • 38% of vacation-home buyers paid cash in 2013
  • The median down payment was 30%, up from 27% in 2012

To find out more about the Jackson Hole Vacation Home market call Christy and Garth Gillespie – the Jackson Hole Experts – Jackson Hole Real Estate Associates at 307-413-5243 or email us at garth@jhexperts.com.

The Jackson Hole Community Truck – Christy and Garth Gillespie

IMG_6993Christy and Garth Gillespie recently moved to Jackson Hole Real Estate Associates – Christie’s International Real Estate – and we “moved” the Jackson Hole Community Truck with us!  We know the value our truck brings to the valley so we want to make sure you have the information available to reserve the truck.

If you are not sure what the Jackson Hole Community Truck is….well about 8 years ago Christy and Garth Gillespie thought about a way that we could make a positive impact in our community.  Jackson has so many non-profits and we tried to think of a way that we could support most of them.  We came up with the idea of a Community Truck and to allow all non-profits the use of it for what ever they need.  Moving supplies, setting up for a function, helping a needy family or changing office locations it is available for all.

During the past 8 years the truck has been used at least 100 days of each year to all sorts of individuals and non-profits.  Every year we also ask for supporters/sponsors of the truck and in 2014 we’d like to thank — First Interstate Bank, Jackson Hole Title and Escrow, All American Home Inspections and Albertson’s for their generous support.

To use the truck call the Community Truck Hotline at 307-732-7614, call Garth at 307-413-5243 or email us at gillespieteam@jhrea.com.

The Gillespie Community Truck – Jackson Hole Non-Profits and Customers

Drvr Side w-truck-e

The Gillespie Community Truck

Reserving and Using The Gillespie Community Truck

  1. Call at 307-732-7614 to schedule the date(s) you wish to use the truck.  Please call a few days in advance.
  2. Arrange a time with Garth, Christy or Bailey to pick up the key and fill out the paperwork.
  3. Bring your driver’s license and insurance card so copies can be made when you pick up the key.  If there will be additional drivers, please be sure to bring a copy of their license and insurance.
  4. Fill out Rental Agreement Forms and Safety Qualification.
  5. Make sure the gas tank is full before you use the truck.  The prior driver should have filled up the tank.
  6. Please bring back the truck in the condition you received it in with the gas tank filled to the Wort parking lot.
  7. Drop off the keys along with a check for the $20/day donation fee made out to “Garth and Christy Gillespie” unless your association has agreed they would like to include the “Gillespie Community Truck” in a “thank you” advertisement.

Garth and Christy Gillespie

Jackson Hole Real Estate Assoc. – Sales Associate


Wyoming Taxes – Great Facts About Wyomings Wonderful Tax Climate


Last week Christy and I were treated to an excellent discussion at our Jackson Hole Sotheby’s International Realty morning meeting about Wyoming Taxes.  Every Wednesday the agents and staff at Sotheby’s get together to discuss new listings, recent sales activity, office policies and important educational seminars.  This past week we had the pleasure of having Jim Gersack, VP of Wealth Management at First Interstate Back in Jackson Hole (who can be reached at 307-732-7852 or by email at james.gersack@fib.com) give us an interesting presentation of the current momentum Wyoming is receiving from individuals looking to relocate their residency to Wyoming.  You see, Wyoming is simply one of the top states in the country to live in if you are looking to preserve wealth and to avoid major taxes that many state impose on individuals and businesses.

So why is Wyoming so special?:

In March, 2013 Wyoming was rated as the top tax-friendly state by Barrons Penta (Barron’s Penta offers advice for families with assets of $5M or more). Residents of Wyoming reap significant tax benefits due to its tax certainty, asset and creditor protection and state budget surplus of $1 billion.

• According to a study by 24/7 Wall Street, Wyoming is the 2nd best run state with regards to account debt per capita, budget deficits, unemployment, and median household income

• Wyoming has very progressive estate and tax planning legislation with more to come

• Wyoming has $6.1 billion in their Mineral Trust Fund and nearly $1.3 billion in cash in their Legislative Stabilization Reserve Account

• Wyoming has a AAA credit rating, the highest possible (and better than the Federal Government)

• All Wyoming high school graduates have access to the Hathaway Scholarship, a state program that provides free college tuition who qualify with both merit- and needs

• And if you need more convincing, Wyoming has the lowest beer tax at just 2 cents per gallon.

When compared to higher tax states such as California, New York, Illinois or Maryland (which recently instituted a “rain tax” estimated to cost Marylanders $300 million annually) it becomes clear why Jackson Hole, Wy is experiencing a surge of tax-motivated buyers.

To learn more about Jackson Hole and some of its advantages please feel free to contact us – the Jackson Hole Real Estate Experts – at 307-413-5243 or by email at Garth.gillespie@jhsir.com



One of Jackson Hole’s Most Active Real Estate Neighborhoods In 2013 — Melody Ranch

Melody Ranch - Jackson Hole

Great property in Melody Ranch. Best price per square foot in the subdivision!

The 2013 Real Estate Market in Jackson has been one marked by vast improvement over past years.  This of course should be expected after a few of our worst years (2009, 2010, 2011).  2013 has been tracking below the “glory years” of (2007, 2006, 2005) but overall we have seen robust sales and sales volume.

One neighborhood that has seen an incredible rebound is the South of Jackson neighborhood – Melody Ranch.  Melody Ranch is a beautiful neighborhood just 4 miles south of Jackson and it is relatively a young subdivision for Jackson standards as it is less than 20 years old.  Newer homes, floor plans and house designs are attractive for many residents in the Jackson Hole area.

Melody Ranch has always seen active sales as it offers an opportunity for new residents, residents moving up in the market and residents looking to change addresses due to the wonderful views and weather Melody offers.  Sales for the past 10 years are as follows:

2004 : 12

2005: 25

2006: 21

2007: 16

2008: 8

2009: 13

2010: 13

2011: 10

2012: 12

2013 is looking much stronger as we have already seen 17 sales and there are 6 pending transactions.  There are currently only 5 active listings.  Wow – What a great time to think about listing in Melody!  We have seen nice appreciation this year and expect that to continue with the lack of inventory.

To learn more about Melody Ranch – Call Christy and Garth Gillespie at 307-413-5243.  We have represented the most buyers and sellers in Melody Ranch for the past 5 years and nobody in the Jackson Hole Real Estate business has even gotten close to our success.  We have proven sales techniques that we are happy to share with you.  We have have the most complete market report for the area.  Email us at garth.gillespie@jhsir.com for a Free Market Update!

Melody Ranch – Jackson Hole Neighborhood Description

Beautiful home in Melody Ranch - recently sold by the Gillespie Team

Beautiful home in Melody Ranch

Melody Ranch, just four miles south of the Town of Jackson, is a place of wide-open spaces, remarkable views and a strong sense of community. While residents appreciate the development for its close proximity to town and its natural beauty, they also love the fact that it feels like a true neighborhood, a place where people have chosen to make as their year-round home in Jackson Hole.

Melody Ranch has deep roots in Jackson Hole history. In 1888, the area was settled as Cheney, one of the first townships in the valley. In the 20th century, an out-of-towner named Paul von Gontard visited the area as a boy and was so bowled over by the soaring mountains and grassy meadows that he later returned to establish a cattle ranch on the land. The main lodge and outbuildings from those days still stand, and their historic character is complemented by the design of today’s Melody Ranch homes, which are in the Western mountain and ranch styles, in natural earth tones.

As a planned residential community, Melody Ranch retains all the openness and close-to-nature attributes of its ranching heritage. Development started in 1995 in accordance with a master plan that emphasizes preserving open spaces. Today, in fact, open spaces make up 70 percent of the community. As Melody Ranch Development states, “Our philosophical approach is that maintaining these views and landscapes will enhance and protect what we value so highly – the freedom to live in, and appreciate, the wide open spaces of the hard-won West.” Flat Creek, the water source for the hay meadows of Melody Ranch, still meanders through the development, and thanks to careful planning, the Teton and Snake River mountain views that made such an impression on young Von Gontard more than 50 years ago can still be enjoyed in full. Cottonwoods, spruce and aspen dot the landscape and add a sense of privacy. Melody Ranch “has incorporated time-honored concepts of historic ranch development into its master plan, to preserve the open character of horse and cattle pastures and hay meadows while allowing native and natural vegetation to protect and shade its buildings,” the developer says.

The development features manmade improvements that give residents a backyard playground. There are bike trails, trout fishing ponds, playgrounds and playing fields that make the development ideal for families with children. Schools, grocery stores, shops, restaurants and all the other amenities of town are within easy reach, as are Grand Teton National Park and Jackson Hole Mountain Resort. But at Melody Ranch, staying home is just as an attractive option as getting out to other parts of the valley. Great views are just the beginning.

To learn more about Melody Ranch please contact us – The Jackson Hole Experts – Christy and Garth Gillespie – at 307-413-5243 and email at garth.gillespie@jhsir.com.