T3 Jackson Hole Market Report 2016
T3 was a busy period with 28 transaction sides with almost $28M in sales.
BIGGEST SALE:
FINAL PRICE UNDISCLOSED
LISTED FOR $15.25M, REDUCED TO $13.9M.
SOUTH FALL CREEK ROAD – 125 ACRES
SMALLEST SALE:
$270,000
2 BEDROOM/2 BATH CONDO
750 POWDERHORN LANE E3, JACKSON, WY
Our firm believes that the quiet summer market teed up a busy third period with questions about the election, stock market and interest rates answered, albeit unpredictably.
11 transactions occurred over $5M (in T2, only 1 such transaction closed). The market continues to eliminate inventory which has put downward pressure on sales volume.
We were proud to sell a downtown site to the St. John’s Hospital for employee housing— and are working with them to complete the building designed by Dynia Architects in August 2017.
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