Luxury

SOLD LIST PRICE: $16,750,000 TOWN OF JACKSON

Luxury sales were down 32%, with only 13 transactions in Q1 2023. The median sales price was down 9% just above $6M, while overall dollar volume was down 4% to $146M. Inventory has increased in listings over $5M, at the time of this report there are 32 active listings a 52% increase when compared to Q1 of 2022.

Most purchasers (62%) are choosing to use cash to complete their transactions, a 47% increase compared to Q1 of 2022.

Number of Transactions 13

Total Dollar Volume $146,379,342

Maximum Price Sold $48,000,000

Average Sale Price $11,259,949

Median Sale Price $6,050,000

Average Days on the Market 251

Number Pending Transactions 8 Inventory 32