Jackson Hole and Teton Village Real Estate Blog

Teton Village Real Estate is Hot this Spring and Summer 2014

First Quarter Results Show Significant Gains in Teton Village Sales Activity

Teton Village saw a gain of 31.3% in unit sales, and an astonishing 82.4% surge in dollar volume. The average sales price for this area was 39% higher than the 1st quarter of 2013 with an increase of about $455,600. These properties spent 27.2% less time on the market than the previous year. After another record breaking ski season at Jackson Hole Mountain Resort, Teton Village area now leads the local real estate market in its upward trend.

West of the Snake River, including Teton Pines, Crescent H, and John Dodge, increased unit sales and sales volume. Unit sales were up 53.3% and dollar volume grew 5.6%.

Current inventory levels push the number of single family home sales downward, however, the median sold price is up over 20%, to about $980,000. Condos and townhomes saw a nearly 20% gain in both dollar volume and unit sales. Commercial and farm/ranch properties sales increased Q1 2014 compared to the previous year.

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