MARKET REPORT WEST SIDE OF THE TETONS YEAR END
2020
PRICING & MARKET SHARE
Featured Property: #6EEMXV
AVERAGE SOLD PRICE COMPARISON
MARKET SHARE BY SALES UNITS
2019 VS. 2020
12 MONTHS ENDING DECEMBER 31, 2020
2019 2020
+31%
$600K
1% 1.1% 1.1% 1.3% 2.1% 2.7%
$500K $400K
+11.1%
$300K $200K
-1%
$100K
14.9%
21.2%
5% SINGLE FAMILY
CONDOS & TOWNHOMES
6.5%
AT A GLANCE CURRENT AREA STATS Unit Sales on Individual Lots
13.7%
BUILDING SITES
7.7%
+29%
+152%
OVERALL SALES VOLUME & UNITS SOLD
JACKSON HOLE SOTHEBY’S INTERNATIONAL REALTY
2009-2020 UNITS SOLD
SALES VOLUME
$400M 1108
$350M
Teton Valley Realty
West Group Real Estate
Jackson Hole Real Estate Associates
Non-Member Agency
Century 21 Teton Valley
$300M
Alta Realty
$250M 586
$200M 511
$150M $100M
235
287
323
2009 2010
2011
2012
233
11.5% 10.1%
% Change in Median Home Price
350
408
455
2014
2015
564
Berkshire Hathaway Sage Realty Group
483
Spitzer Realty, LLC Engel & Volkers Contour Investment Properties Live Water Properties, LLC All others
$50M 2013
2016
2017
2018
2019 2020
Cover Property: # 25FL94
UNIT SALES & SALES VOLUME
Featured Property: #PWCFS8
SALES VOLUME BY TYPE
UNIT SALES BY TYPE
2019 VS. 2020
2019 VS. 2020
2019
2019
2020
2020
UNITS SOLD
$200M $160M
681
$120M $80M
303
289
220
$40M
67
RESIDENTIAL
CONDOS & TOWNHOMES
VACANT LAND
COMMERCIAL & OTHER
RESIDENTIAL
92 10
CONDOS & TOWNHOMES
SALES VOLUME BY AREA
UNIT SALES BY AREA
2019 VS. 2020
2019 VS. 2020
2019
2019
2020
VACANT LAND
30
COMMERCIAL & OTHER
UNITS SOLD
2020 521
$200M $160M 315
$120M
254
239 203
$80M 103
$40M 26
ALTA, WY
# of Residential Properties Sold 2020
VICTOR
#
303
DRIGGS
Average Residential Sale Price 2020
TETONIA
$686,117
31
ALTA, WY
% Change in Average Residential Sales Price from 2019
VICTOR
+32.2%
DRIGGS
Average Single Family Home Days on Market
TETONIA
155
MAIN OFFICE
SNAKE RIVER LODGE & SPA
TETON PINES RESORT
185 WEST BROADWAY JACKSON, WYOMING 83001
7710 GRANITE LOOP ROAD TETON VILLAGE, WYOMING 83025
3415 NORTH PINES WAY WILSON, WYOMING 83014
EAST BROADWAY
TETON MOUNTAIN LODGE
JACKSON HOLE RACQUET CLUB
110 EAST BROADWAY JACKSON, WYOMING 83001
3385 WEST CODY LANE TETON VILLAGE, WYOMING 83025
3535 NORTH MOOSE-WILSON ROAD WILSON, WYOMING 83014
HOTEL TERRA
DRIGGS NORTH
3335 WEST VILLAGE DRIVE TETON VILLAGE, WYOMING 83025
10 NORTH MAIN STREET DRIGGS, IDAHO 83422
DRIGGS SOUTH
FOUR SEASONS RESORT 7680 GRANITE LOOP ROAD TETON VILLAGE, WYOMING 83025
JHSIR.COM
ONE SOUTH MAIN STREET DRIGGS, IDAHO 83422
Although the foregoing data has been compiled from sources deemed reliable, Jackson Hole Sotheby’s International Realty does not guarantee its authenticity. It is intended for informational purposes only, is subject to prior sale, error, revision, and cancellation without notice, and should be independently verified with the source of such information. Source data is provided by Teton Board of Realtors MLS for areas one through ten, and supplemented with proprietary sales data for $0 sales. ®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Jackson Hole Sotheby’s International Realty is Independently Owned and Operated.