Jackson Hole Real Estate Market Report – November 2018

By Ronald Miller/ Broker Jackson Hole Real Estate Company, LLC

OK folks. Fasten your seat belts as the market is ramping up again in an unusual off season buying spree unlike any we have seen during this period. As I told you last month, with high end home prices softening a bit and coming down we saw several high end properties between 10-15mm go into escrow. Our lovely River bend listing located at 5555 Cutthroat drive in Crescent H Ranch at 12.5mm is in escrow and set to close soon. Great property!! Our seller lowered this fantastic home and property from $15mm to $12.5mm and sold pretty fast.


One of the large homes in Indian Springs Ranch that lowered their price sold and another one was placed into escrow.


The condominium market in the short term rental zoning  is still moving well with high demand still and low inventory. Our office closed on the last 3 remaining 2 and 3 bedroom units in the Aspens and I highly recommend selling at this time. We closed these units at $640k, 715k and 875k this past month. Please call me if you are reading this and want to sell at a great price in there  as we have buyers waiting.

We listed another fantastic property in the Eastridge Development this week at a very fair price. This beautiful Mountain Modern design home is recently upgraded and being sold turnkey. Great Grand Teton Views are the big selling point. We just listed it this week and may get some offers so call me ASAP if you like this one. Easy to show. Call Ron at 307-690-6331 for a showing.