The summer selling season is gearing up and it may be time for those thinking of listing their property to take a closer look. The Jackson Hole real estate market conditions are favorable for sellers. Real estate inventory in Jackson Hole is low and average sales prices are increasing.
Comparing data from the Teton County MLS, 1st quarter 2015 vs. 1st quarter 2014, the average sales price for single-family homes is up 17%. Overall, the average sales price for all residential property (condos, single-family and land) in Teton County is up 43% Q1 2015 vs. Q1 2014. Download full report here.
Dollar sales volume also increased. Single-family home dollar volume is up 17% in Q1 2015 vs. Q1 2014 and condominium dollar volume is up 72%. Land dollar volume is up 77%. Unit volume is down 5% for all residential real estate, but unit volume is up 25% for land in the same time period.
If listing your Jackson Hole property is of interest to you, a consult with Ken Gangwer will offer you insight to maximize your unique real estate options.
Properly marketing your Jackson Hole property takes a deep understanding of the local real estate market and the ability to feature your listing worldwide. The Legacy Group along with the Sotheby’s International Realty New York offers expanded benefits to present your home in an extraordinary and targeted manner.