Jackson Hole Real Estate Market Report | Year End 2018
Budge Realty Group is proud to present our comprehensive Market Report for the Year End of 2018. Assembled from Jackson Hole Real Estate Associates’ proprietary database, the most extensive source of information about the region’s real estate market, and insight from our dedicated team of professionals, the report provides valuable insight into the market segments that make up the Jackson Hole area.
Jackson Hole’s real estate market ended the year predictably strong. The draw of Jackson Hole’s rugged beauty and active lifestyle continues to reflect in our real estate market, with 2018 bringing in 10% more transactions and a 35% increase in dollar volume. Average and median sale prices were also up, increasing 16% and 11%, respectively. Several notable sales drove these figures, including the sale of the Snow King Hotel, a historic ranch property southeast of town, and a ranching / equestrian property on Spring Gulch Road.
While this report outlines the general trends of real estate in Jackson, WY for 2018, 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. Additionally, we are happy to provide a private consultation about your property. Email us at budgerealtygroup@jhrea.com or call (307) 413-1364.