Star Valley and Teton Valley Year-End Market Report 2018
Star Valley, Wyoming 2018 Year-End Market Report
The Star Valley, Wyoming real estate market maintained steady growth throughout 2018. Transactions were up 6% over the previous year, and total dollar volume for the entire market grew 7% to $157,283,235. Average sale prices increased a modest 1%, and median prices rose 8%.
Inventory remained low, falling 7% compared to 2017 for the entire market, and 17% in the single-family segment. VIEW REPORT >>
Teton Valley, Idaho 2018 Year-End Market Report
The Teton Valley, Idaho market saw continued growth in 2018, with both the number of transactions and total dollar volume increasing by about 10%. The average sale price and median sale price increased 7% and 2%, respectively, compared to the prior year.
The growth in average and median sale prices reflects the area’s high demand, which is even more pronounced in specific categories. In the single-family home segment, for example, the average sale price increased 14% and the median sale price grew 16%. Those gains, as well as growth in the building site segment, are due in large part to low inventory, which fell 12% overall in 2018. VIEW REPORT >>