Average Home Prices Continue to Drop In Jackson Hole in 2011
Today we will continue to update the 2011 Jackson Hole Real Estate Market with Average Sales Prices. The Chart below does a comparision on Average Sales Price vs. the Prior Year Average Sales Price. As you can see, the average prices for property sales in Jackson Hole, Wyoming have been lower in 2011 in 10 (to be clear the “Red bars” are for 2011 and “Blue bars” are for 2010) of the last 11 months. The exception was December 2011 when we saw a few very large transactions take place. We have seen a lot of sales (to be outlined in a future blog post) in the “below $850,000 range” which have had an influence on Average Sales Price.