Don’t believe everything you hear about the Real Estate market
Christy & Garth Gillespie Blog
by Tracie Wall
1y ago
According to Fannie Mae’s most recent findings, 23% of Americans believe home prices will decrease in twelve months. Why do approximately one in four individuals harbor such sentiments? This sentiment is primarily attributed to the pervasive negative discourse surrounding home prices throughout the past year. Since late 2022, the media has propagated apprehensions about an impending price crash, and these concerns persist. Perhaps you’ve encountered people in your personal circles expressing anxiety about home prices, or you’ve encountered influencers on social media predicting a substantial d ..read more
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What to Know When Installing Electric Vehicle Charging in Your Home
Christy & Garth Gillespie Blog
by Tracie Wall
1y ago
Owning an electric vehicle (EV) not only helps you save money on fuel but also contributes to environmental protection. While public charging stations are becoming more accessible, it’s worth considering the convenience of having your own home charging station. If you’re contemplating the installation of an electric vehicle charger at home, here are some essential factors to consider. Charging Speed: Most EVs come with a standard Level 1 charger, which is slower as it plugs into a traditional outlet. For faster charging, many EV owners opt for Level 2 chargers, which operate at a higher volt ..read more
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New Development Opportunities in Jackson Hole
Christy & Garth Gillespie Blog
by Jessica Sheehy
2y ago
Introducing some of Jackson Hole’s newest developments. Many scheduled for completion in 2022 with prices starting in $2M range. With inventory continuing to trend down in our highly sought after community, considering an upcoming development might be a wonderful opportunity. Hidden Hollow on the Elk Refuge Located in downtown Jackson bordering the 24,000 acre National Elk Refuge these brand new, multi-level two and three-bedroom townhomes have a fantastic modern feel on the interior with floor-to-ceiling windows to maximize the inspiring views of the elk refuge. Starting prices are above $3 ..read more
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Market Snapshot 2021 Q3: Luxury
Christy & Garth Gillespie Blog
by Jessica Sheehy
3y ago
Fueled by an uptick in land sales, the Luxury Sector of the market increased in both listings and sales. Properties that sell above the $3M mark define the luxury threshold in Teton County. More properties entered this category due to an overall increase in average sales price. Luxury transaction growth YD 2021 vs. 2020 is up 18% and total dollar volume increased by 17% as well. The south-of- Jackson area spiked in transaction volume as list prices in those regions surpassed $3M. Pending listings are down significantly as luxury listings closed briskly in Q3 and inventory is down more modestl ..read more
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Market Snapshot 2021 Q3: Vacant Land
Christy & Garth Gillespie Blog
by Jessica Sheehy
3y ago
With the significant lack of single-family home availability, building becomes the only viable option driving up Vacant Land sales. Transactions rose 34% to 121 and sales volume increased a whopping 80% to $353M YTD 2021 vs. 2020. Land sales in the $2M to $5M range experienced an uptick from 19 to 36 parcels. There is a significant reduction in inventory at the time of this report down 19%. Pending listings are significantly down to a total of only 8 as land parcel sales closed quickly in Q3 2021. VIEW FULL MARKET REPORT >> The post Market Snapshot 2021 Q3: Vacant Land appeared first on ..read more
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Market Snapshot 2021 Q3: Single Family Homes
Christy & Garth Gillespie Blog
by Jessica Sheehy
3y ago
With the third quarter of 2020 posting banner numbers, Q3 2021 fared relatively well, but the lack of Single Family Home inventory was clearly illustrated. Sold units declined 6% YTD 2021 vs. 2020. Dollar volume was up a modest 6% but surpassed the $1B mark YTD. Sales of homes in the $500K to $1M price range dropped significantly from 38 in 2020 to 12 in 2021, simply due to no lower priced inventory. The lower transaction volume coupled with a modest sales volume equated to a 28% increase in average sales price to $4.1M. Active listings are down 6% (as opposed to 48% last year at this time ..read more
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Jackson Hole Real Estate Associates Agrees to Join Compass
Christy & Garth Gillespie Blog
by Jessica Sheehy
3y ago
We have some exciting news to share! Jackson Hole Real Estate Associates has agreed to join forces with Compass, a national real estate brokerage focused on empowering agents to better serve their clients. They are merging technology with real estate.⁠ Jackson Hole Real Estate Associate’s deep commitment to our community, knowledge of the local market, and decades of experience, combined with Compass’ scale and innovative technology will help us better serve you. Compass will provide me direct access to a strong network of buyers, sellers, and other agents nationally. Nationally, Compa ..read more
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Pros And Cons of Living In Jackson Hole
Christy & Garth Gillespie Blog
by chiefdude@yourmarketingdude.com
3y ago
Are you thinking of moving to Jackson Hole and wondering what it’s really like to live here? In this episode of Jackson Hole Revealed, we’re going to give you the good, the bad, and the ugly of living in Jackson Hole. We’ll explore everything from national parks to housing prices so you’ll know exactly what you can expect. Why People Love Jackson Hole While living in Jackson Hole has challenges, we first want to share the great opportunities we have to offer. We’re going to start by giving you the top five reasons people love living here.  #1: The scenery. The very first and most obvious ..read more
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Jackson Hole Real Estate New Construction Investments 2021
Christy & Garth Gillespie Blog
by Jessica Sheehy
3y ago
So if you’re looking to find a new home in Jackson or just have some free time on your hands, watch the latest video above. If you’d like to read the blog for more info, click the link below where you can check it out and watch the video on our website.⁠ ⁠ Thanks again for your support of our business with your constant referrals—we appreciate you!⁠ ⁠ We hope you enjoy this episode and be sure to let us know what you think and if you have any questions about opportunities in Jackson Hole. The post Jackson Hole Real Estate New Construction Investments 2021 appeared first on Christy & Garth ..read more
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The Best Way To Get Around Jackson Hole: Pedego Electric Bikes
Christy & Garth Gillespie Blog
by Jessica Sheehy
3y ago
Are you looking for the best, eco-friendly way to get around Jackson Hole? On this episode of Jackson Hole Revealed, we’re going to visit the best place to get an electric bike: Pedego Electric Bikes. We’ll chat with owner Mike Lynch to learn all about this mode of transport for cruising around the beautiful sites in our fair city. Explore Jackson Hole On An Electric Bike With so many bike trails in Jackson Hole, there’s no better way to explore than on an electric bike. Though they look just like a normal bike, eBikes are equipped with a battery and small motor that helps you to go the dis ..read more
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