Star Valley Mid-Year 2020 Market Report
Once again we are proud to report that Jackson Hole Real Estate Associates of Star Valley participates in the most real estate activity of any other brokerage, providing you a singular insight into the local market. Our office sold 58% more dollar volume in Q2 of 2020 and maintains 40% more active listings than our closest competitor.
After a robust Star Valley market in Q1 2020, the world was suddenly upended by an international pandemic. While many markets experienced a significant slow down due to the uncertainty, Star Valley Real Estate continued at a brisk pace. Overall dollar volume increased 33% YTD 2020 vs. 2019 while transaction volume increased a modest 4% pushing up average sales price 28%. It appears that the demand for real estate in this unique and beautiful valley is not slowing down anytime soon.
As the world continues to carefully re-open, many are discovering the unique lifestyle benefits and quality of life that Star Valley offers to its residents.