OUR TEAM
We understand that real estate is about relationships – the ties forged between people and place. Our decades-deep knowledge of the valley combined with Engel & Völkers makes us your Local Real Estate Experts.
JACKSON HOLE REPORT
The Jackson Hole Real Estate Report Podcast, sponsored by the Viehman Group, is your local guide to everything real estate in Jackson Hole, WY. Featuring extensive data collected from our Jackson Hole Real Estate Report including interesting, local insight that affects the market. We invite you to listen in and get a new perspective on buying and selling under the Tetons.
visit www.jacksonholereport.com to read the full report and contact us with any questions.
YEAR END 2022
Single-Family Average Sale Price Breaks $5 Million
For the first time in Jackson Hole real estate history the single-family home average sale price tops $5 million. Not only is this record-breaking, but it only took three years to double – 2019 the average sale price reached $2.6 million. If that shocks you, consider the average list price of a single-family home at year’s-end was $7.6 million.
NUMBER OF SALES
The hotspot in 2022 sat between $1 and $3 million, where 191 transactions (45%) occurred. The steady demand in this segment continues to be fedby the 200% increase in inventory compared to year’s-end 2021.
DOLLAR VOLUME
While we normally do not focus on commercial activity in this newsletter—as the activity is usually too small—we feel it necessary to bring to our readers’ attention the fact that 31% of the dollar volume in 2022 was commercially driven.
ACTIVE LISTINGS VALLEY WIDE
Current overall available inventory has increased 63% (166) when compared to the close of 2021, still making year-end 2022 the third lowest level of overall available inventory in more than 40 years.
WE KNOW WYOMING
When it comes to Jackson Hole, our standards are high and uncompromising. Engel & Völkers has a long and very personal experience with Jackson Hole real estate. After all, we live and work here, and we are happy to share our love and knowledge of this magnificent area with you. For Jackson Hole truly has it all: romantic cabins in the woods, working cattle ranches, grand lodges on hundreds of open acres, even golf course homes with club amenities just steps away. Somewhere in Jackson Hole is a property that will capture your heart. Together, we’ll find it.
Post Office Box 2431
70 King Street
Jackson, WY 83001
(855) 722-2023 Fax
Associate Broker
307.690.4004
david@jacksonholereport.com
Associate Broker
307.690.0621
devon@jacksonholereport.com
Associate Broker
307.699.5921
luke@jacksonholereport.com
Sales Associate
307.699.4889
josie@jacksonholereport.com
