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