Jackson Hole Real Estate :: Market Conditions :: Year End Report

Fourth quarter Year End Report from Jackson Hole Real Estate Broker, Ronald Miller

A sharp increase in Jackson Hole Ranch sales has driven Jackson Hole to levels experienced in 1999-2000. With interest rates still favorable and the economy steaming along sales in most of the Jackson Hole Resort areas have been very strong. There have been nearly 500 million in sales this year in Jackson Hole alone. There is presently over a billion dollars of inventory available for sale in Jackson Hole. The average Jackson Hole House sale is hovering around $700,000.

Four Seasons Resort has also introduced a new twist to the current Jackson Hole Condo market. The high end prices are finally being paid for the full ownership Four Seasons Condominium units. Jackson Hole has now truly become a four seasons resort area with strong rentals of all Jackson Hole homes and rental condos at the Jackson Hole Mountain Resort.

Jackson Hole property is truly among the most prestigious Real Estate in the United States. Jackson Hole Home Rentals and Jackson Hole Condominium Rentals provide excellent real estate investment property for investors and the market in those sectors is climbing. Due to a lack of supply and great demand recently, the prices are surely poised to hit new highs in the last quarter of 2004 and the first quarter of 2005. The economy is poised to move our market higher through cash purchases. These special Jackson Hole property purchases are over and above Jackson Hole appraisal reports and information to support such high sales. When a Jackson Hole buyer pays more than appraisal value for Jackson Hole properties, the average price of the property is driven higher by default.

Our local Jackson Hole Real Estate Brokerage firm provides quarterly Jackson Hole report and property management statistics. These quarterly statistics provide investors and second home buyers excellent Jackson Hole MLS history of the short term rentals in Jackson Hole for our investors. Our complimentary Jackson Hole MLS search also allows our visitors to see all new listings on Jackson Hole properties each day.

All Jackson Hole Real Estate Brokerage companies have access to the most exclusive and luxury real estate in the world. If you choose a good Jackson Hole Broker you will have a better opportunity to acquire the perfect property.