{"id":1341,"date":"2019-06-01T17:19:03","date_gmt":"2019-06-01T17:19:03","guid":{"rendered":"http:\/\/www.jacksonholerr.com\/blog\/?p=1341"},"modified":"2020-03-04T17:19:51","modified_gmt":"2020-03-04T17:19:51","slug":"jackson-hole-real-estate-market-report-june-2019","status":"publish","type":"post","link":"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019","title":{"rendered":"Jackson Hole Real Estate Market Report &#8211; June 2019"},"content":{"rendered":"<p>By Ronald Miller\/ Broker Jackson Hole Real Estate Company, LLC<\/p>\n<p>Our active buyers on our popular\u00a0<a href=\"http:\/\/jacksonholerr.com\/\" data-cke-saved-href=\"http:\/\/jacksonholerr.com\/\">jacksonholerr.com<\/a>\u00a0site may have noticed the sudden surge in high end properties pouring into the Jackson Hole Marketplace as of late. This may indicate a shift in the market. Last year we had very little good inventory to show our buyers and that seems to be changing dramatically this year. Those homes that are priced well and have exceptional locations in the valley are selling while those homes that are overpriced and not in desirable locations will struggle to obtain offers. Jackson Hole sellers seem to be reaching for new heights in pricing asking well over $2,500 per ft in some instances. Is this the new norm? While most Realtors can point to current sales and try to justify this, I am not confident this high end strategy can hold for much longer.<\/p>\n<p>When will we know and see the signs of a buyer market shift? High end long term rentals are one indicator. I have several high end buyers sitting on the sidelines watching the market shift daily but have opted to lease homes and wait for just the right opportunity. The sudden surge of high end listings can also give high end buyers so many choices they can get confused and realize there is NO urgency. We should know a lot more towards the end of the summer. With the booming economy it will be interesting to see what happens next as most sales are yet to come in August through October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ronald Miller\/ Broker Jackson Hole Real Estate Company, LLC Our active buyers on our popular\u00a0jacksonholerr.com\u00a0site may have noticed the sudden surge in high end properties pouring into the Jackson Hole Marketplace as of late. This may indicate a shift in the market. Last year we had very little good inventory to show our buyers &hellip; <a href=\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Jackson Hole Real Estate Market Report &#8211; June 2019<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1341","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Jackson Hole Real Estate Market Report - June 2019 - Jackson Hole Real Estate Company<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ron Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019\"},\"author\":{\"name\":\"Ron Miller\",\"@id\":\"http:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769\"},\"headline\":\"Jackson Hole Real Estate Market Report &#8211; June 2019\",\"datePublished\":\"2019-06-01T17:19:03+00:00\",\"dateModified\":\"2020-03-04T17:19:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019\"},\"wordCount\":268,\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019\",\"url\":\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019\",\"name\":\"Jackson Hole Real Estate Market Report - June 2019 - Jackson Hole Real Estate Company\",\"isPartOf\":{\"@id\":\"http:\/\/www.jacksonholerr.com\/blog\/#website\"},\"datePublished\":\"2019-06-01T17:19:03+00:00\",\"dateModified\":\"2020-03-04T17:19:51+00:00\",\"author\":{\"@id\":\"http:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/www.jacksonholerr.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jackson Hole Real Estate Market Report &#8211; June 2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/www.jacksonholerr.com\/blog\/#website\",\"url\":\"http:\/\/www.jacksonholerr.com\/blog\/\",\"name\":\"Jackson Hole Real Estate Company\",\"description\":\"MLS - Property - Investment\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/www.jacksonholerr.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"http:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769\",\"name\":\"Ron Miller\",\"description\":\"Ron specializes in assisting customers to find the right Jackson Hole property and also helps in the managing of real estate investments for his clients as a property manager. He has extensive knowledge of listing and selling Jackson Hole real estate and has been a top-producing real estate broker in the area for over 25 years. Ron started his career as an expert ski guide at the Jackson Hole Mountain Resort in 1983 and soon after became involved as a real estate buyer's and seller's agent. The incredible scenery, relaxing lifestyles, and of course the skiing is what drew Ron to Jackson Hole. One unique characteristic of Ron's is that he is a real estate broker and also an active investor. Being an investor himself gives Ron a perspective that only investors with skin in the game can have. Ron has personally owned dozens of rental properties and several businesses in the Jackson Hole Area. In addition to the real estate and property management businesses, he currently owns and manages a 15 room boutique motel, the Miller Park Lodge, and Jackson Hole Reservations, LLC, an established central reservations company that assists visitors to the area with lodging and activity bookings. Because of Ron's deep knowledge as an investor and of the Jackson Hole area in general he is highly skilled in assisting buyers to find just the right residential property or commercial property to meet their needs. His integrity and professionalism create an excellent agent-client relationship. Many buyers come to Jackson Hole to invest in part because of the tremendous tax advantages of doing so. Wyoming does not have state income taxes for owners declaring residency in Teton County. Because of this, Wyoming has become the top pick for wealthy people searching for exclusive resort real estate. There are also other tax advantages to owning real estate in Jackson Hole when owners turn their property into a business and rent it out on the short term vacation rental market. Ron has more than 20 years of experience in property management and Jackson Hole Real Estate Company, LLC has a dedicated team to manage vacation rental properties. Ron understands the investment opportunities in the Jackson Hole condominium markets well. He can assist buyers in understanding all of the benefits of owning vacation rental properties. Ron has a fun loving wife and four children. As a family, they enjoy skiing, bike riding, hiking, and fly-fishing. The family refers to the Tetons as their backyard. Contact Ron at ron@jacksonhole.net.\",\"sameAs\":[\"http:\/\/www.jaksonholerr.com\"],\"url\":\"https:\/\/www.jacksonholerr.com\/blog\/author\/ronniejacksonhole-net\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Jackson Hole Real Estate Market Report - June 2019 - Jackson Hole Real Estate Company","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019","twitter_misc":{"Written by":"Ron Miller","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019#article","isPartOf":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019"},"author":{"name":"Ron Miller","@id":"http:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769"},"headline":"Jackson Hole Real Estate Market Report &#8211; June 2019","datePublished":"2019-06-01T17:19:03+00:00","dateModified":"2020-03-04T17:19:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019"},"wordCount":268,"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019","url":"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019","name":"Jackson Hole Real Estate Market Report - June 2019 - Jackson Hole Real Estate Company","isPartOf":{"@id":"http:\/\/www.jacksonholerr.com\/blog\/#website"},"datePublished":"2019-06-01T17:19:03+00:00","dateModified":"2020-03-04T17:19:51+00:00","author":{"@id":"http:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769"},"breadcrumb":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.jacksonholerr.com\/blog\/jackson-hole-real-estate-market-report-june-2019#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/www.jacksonholerr.com\/blog"},{"@type":"ListItem","position":2,"name":"Jackson Hole Real Estate Market Report &#8211; June 2019"}]},{"@type":"WebSite","@id":"http:\/\/www.jacksonholerr.com\/blog\/#website","url":"http:\/\/www.jacksonholerr.com\/blog\/","name":"Jackson Hole Real Estate Company","description":"MLS - Property - Investment","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/www.jacksonholerr.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"http:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769","name":"Ron Miller","description":"Ron specializes in assisting customers to find the right Jackson Hole property and also helps in the managing of real estate investments for his clients as a property manager. He has extensive knowledge of listing and selling Jackson Hole real estate and has been a top-producing real estate broker in the area for over 25 years. Ron started his career as an expert ski guide at the Jackson Hole Mountain Resort in 1983 and soon after became involved as a real estate buyer's and seller's agent. The incredible scenery, relaxing lifestyles, and of course the skiing is what drew Ron to Jackson Hole. One unique characteristic of Ron's is that he is a real estate broker and also an active investor. Being an investor himself gives Ron a perspective that only investors with skin in the game can have. Ron has personally owned dozens of rental properties and several businesses in the Jackson Hole Area. 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