On behalf of our team of dedicated professionals at Jackson Hole Real Estate Associates, we are pleased to present our comprehensive market report for the 2018 mid-year. In this detailed report, you will find information on the market segments making up the Star Valley area. As the market leader, we have developed a more dynamic report that sheds fresh light on the insights and trends that are shaping our real estate market.
The Star Valley, Wyoming market remained strong in the first half of 2018. Transactions were up 5% and total dollar volume was up 25% from $59,559,985 in the first half of 2017 to $74,182,875 in the first half of 2018. The average and median sale prices increased as well. Inventory continues to be low, down 6% in the overall market and down 13% in the single family segment.