Jackson Hole Real Estate Market Update April 2012

Jackson Hole Real Estate Market update for April 2012.  We are selling a property just about everyday!  Last month the Jackson Hole real estate market had 26 closings for the month which included 21 residential properties and 5 vacant land parcels.  The 5 land deals were a welcome sight as we seem to have seen an increase of activity in this market segment.

The median residential sale price was close to $800,000 and the average listing price was $1,300,000.  The highest sale was not recorded but was listed for $7,995,000.  We saw a resurgence of “non-reported” sales as we saw 6 out of the 26 closed transactions (23%) report a $0 sales price.

Sales were scattered throughout the valley with 8 sales taking place in Wilson or Teton Village, 6 sales taking place “north of town” and 8 sales taking place in the Town of Jackson.  Average days on market were 261.  10 sales took place over $1 million.

Activity continues to hold pace as we have 61 pending transactions – 5 of which are vacant land.

For additional information on the Jackson Hole/Teton County Wyoming Real Estate Market please feel free to contact the Jackson Hole Experts – Garth and Christy Gillespie at 307-413-5243 or by email at garth.gillespie@jhsir.com.

QUICK LINKS

CHRISTY GILLESPIE

Associate Broker
Cell (307) 413-5242
christy@jhexperts.com.com

GARTH GILLESPIE

Sales Associate
Cell (307) 413-5243
garth@jhexperts.com

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Christy & Garth Gillespie is a team of real estate agents affiliated with Compass Real Estate, a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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