The market data from the first half of 2012 indicates that the Jackson Hole real estate market is continuing the recovery that began in January 2010, reports Jackson Hole Real Estate Associates in their semi-annual The Hole Report. The firm is the Christie's International Real Estate exclusive Affiliate in Jackson, Wyoming.
The report notes that mid-year numbers from 2009 compared to the mid-year numbers from 2012 show that the overall number of sales since that time is up 283 percent. While the market continues to gain strength, it is still a far cry from the height in 2005 where an incredible 509 sales took place in the first six months. One fact is clear; the local market continues to gain momentum.
The number of sales is up 19 percent and dollar volume is up eight percent, when compared to this time last year. The focal price point continues to be the under US$1,000,000 range, where the number of sales is up 19 percent from last year, and made up 69 percent of the overall sales.
To read the complete report, visit The Hole Report.
