Jackson Hole Market Report | 2017 Quarter 1

Budge Realty Group presents the 1st Quarter 2017 Jackson Hole Real Estate Market Report, Jackson’s most accurate resource for market information. While this report outlines the general trends of real estate in Jackson, Wyoming, each neighborhood and property type can vary greatly from these general trends. Consequently, be sure to contact the experienced professionals at Budge Realty Group for specific market information in your neighborhood. As the market leader in Jackson Hole, we have developed a more dynamic report that sheds fresh light on the insights and trends that are shaping our real estate market.
The Jackson Hole real estate market remained strong at the start of the new year. The overall number of transactions increased about 14% and total dollar volume increased 20% when compared to the first quarter of 2016.

The Jackson Hole real estate market remained strong at the start of the new year. The overall number of transactions increased about 14% when compared to the first quarter of 2016. The vast majority of transactions took place in the $500,000-$1 million price segment. This was a change from the first quarter of 2016 when transactions were more evenly distributed between the $500,000-$2 million price segment. This change can be attributed to an increase in vacant land transactions, up about 50%. Inventory remained at historical lows, down about 13% when compared to the first quarter of last year. The number of listings under contract decreased about 7% when compared to the first quarter of 2016. Click to view full report.