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Q1 2015 The NeVille Group Luxury Report of Jackson Hole

Page 1

QUARTER 1 2015

the neville group

luxury report of jackson hole A P R E S E N TAT I O N O F T H E R E A L E S TAT E M A R K E T JAC K S O N H O L E , WYO M I N G


270 West Pearl Ave Suite 101 Jackson, WY 83001

307.734.9949 (o) 307.690.3209 (c) tng@jhrea.com

WWW.THENEVILLEGROUP.COM

Most data in the following graphs is pulled from the local MLS to more specifically show the most accurate recorded data available to make the information more applicable to the market in your neighborhood. We do include information on sales outside of the MLS when verifiable, and use total numbers sold, % of sales closed in MLS etc.


Christie’s International Real Estate

GLOBAL AFFILIATE OF THE YEAR 2014 | 2011

Dear Friends of The NeVille Group, We are pleased to present to you this Q1 2015 statistical presentation of the real estate market in Jackson Hole, Teton County, Wyoming. For over 15 years, The NeVille Group has provided statistical information and formal presentations exclusively to our clients and a few local banking and mortgage companies. Now, we share this data with our community. This report compares Q1 of 2014 to Q1 of 2015. Enclosed you will find segmented data on seven markets within Teton County and a summary of all submarkets combined: Teton Village, North of Wilson, South of Wilson, Central Valley, Northern Valley, Town of Jackson and South of Jackson. Overall, Teton County experienced growth in pending sales of 14%, growth in units sold of nearly 7%, active listings on the market down 9%, yet NEW listings Q1 2014 vs Q1 2015 up 23%. This shows more inventory coming on in 2015 than Q1 2014, and represents inventory is not keeping up with demand in most market segments. Sale prices in Q1 2015 ranged from $242,500 to $10,250,000 and total dollar volume the first quarter 2015 increased over 40%.

cel ebr at e w i t h u s May 14th, 5-7pm at 80 W. Broadway, Downtown Jackson Jackson Hole Real Estate Associates was recently named “2014 Global Affiliate of the Year” by Christie’s International Real Estate. This is an amazing achievement as we were also named “2011 Global Affiliate of the Year.” These honors come out a field of 1,350 affiliate companies in 46 countries globally. The NeVille Group is honored to be the most globally connected team and a part of the largest brokerage firm in the area, Jackson Hole Real Estate Associates. Our reach and overall portfolio collection is unsurpassed. We welcome the opportunity to personally discuss the current market conditions, and what these may mean to your present or future real estate decisions in Teton County. We look forward to hearing from you! Sincerely, David A. NeVille Associate Broker

Shawn M. Asbell Sales Associate

307.734.9949 • 307.690.3209 www.thenevillegroup.com 270 West Pearl Ave, Jackson, WY 83001


teton village SINGLE FAMILY HOMES

2014 Q1

2015 Q1

%

2014 TOTALS 5

Active

8

6

-25%

Pending

1

2

100%

Units Sold

2

2

0%

5

Average Sold Price

$8,725,000

$6,575,000

-24.64%

$5,840,000

Median Sold Price

$8,027,000

$6,575,000

-18.09%

$4,554,000

1

1

0%

4

2014 Q1

2015 Q1

%

2014 TOTALS 43

New Listings MULTI FAMILY HOMES Active

51

60

17.65%

Pending

10

20

100%

Units Sold

7

15

114.29%

26

Average Sold Price

$1,721,600

$2,092,896

21.57%

$1,631,533

Median Sold Price

$1,430,000

$1,275,000

-10.84%

$788,000

16

17

6.25%

52

2014 Q1

2015 Q1

%

2014 TOTALS 12

New Listings BUILDING SITES Active

21

19

-9.52%

Pending

3

4

33.33%

Units Sold

3

1

-66.67%

6

Average Sold Price

$2,950,000

$3,200,000

8.47%

$2,899,167

Median Sold Price

$2,950,000

$3,200,000

8.47%

$2,850,000

2

7

250%

7

New Listings

2015 Q1 Highlights Low Sale

Granite Ridge | $2,900,000

Med Sale

N/A

High Sale

Shooting Star | $10,250,000 2014-15 Top Sale(s)

Shooting Star | $10,250,000 Ellen Creek | Undisclosed / Listed at $12,500,000

2015 Q1 Highlights Low Sale

Snake River Lodge | $252,500

Med Sale

Hotel Terra | $1,275,000

High Sale

Four Seasons | $3,950,000 2014-15 Top Sale(s)

Four Seasons | $4,450,000

2015 Q1 Highlights Low Sale

N/A

Med Sale

Shooting Star Lot | $3,200,000

High Sale

N/A 2014-15 Top Sale(s)

Shooting Star | $3,495,000

** Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. * All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

307.734.9949

thenevillegroup.com


Teton Village sales have been strong, but the star of the show is the incredible Shooting Star. The 12 Lodges at Fish Creek will begin closing soon and will most likely be closed by the end of the year. There are an additional 4 Lodges that have what appear to be solid contracts, and Shooting Star reports that the additional 12 Shooting Star cabins all have reservations for sale. Resales are also doing well closing several cabins and lots over the past year. Thankfully, our clients and The NeVille Group have been a part of that success. Please let us know if we can help you.

Largest Teton Village Single Family Sale in Quarter 1, 2015 $ 1 0 , 2 5 0 , 0 0 0 AT S H O O T I N G S TA R

307.734.9949

thenevillegroup.com


north of wilson E XC LUDING TETON VILLAGE SINGLE FAMILY HOMES

2014 Q1

2015 Q1

%

2014 TOTALS

45

37

-17.78%

33

Pending

8

12

50%

Units Sold

3

5

66.67%

36

Average Sold Price

$2,887,950

$2,656,000

-8.03%

$2,094,689

Median Sold Price

$980,000

$1,775,000

81.12%

$1,850,000

8

8

0%

53

2014 Q1

2015 Q1

%

2014 TOTALS

Active

19

15

-21.05%

10

Pending

8

8

0%

Units Sold

8

6

-25%

33

Average Sold Price

$410,150

$738,025

79.94%

$725,316

Median Sold Price

$375,000

$405,750

8.2%

$500,000

8

4

-50%

34

2014 Q1

2015 Q1

%

2014 TOTALS 10

Active

New Listings MULTI FAMILY HOMES

New Listings BUILDING SITES Active

16

11

-31.25%

Pending

5

2

-60%

Units Sold

4

2

-50%

12

Average Sold Price

$3,227,500

$2,250,000

-30.29%

$1,307,714

Median Sold Price

$860,000

$1,125,000

30.81%

$1,002,500

3

1

-66.67%

14

New Listings

2015 Q1 Highlights Low Sale

Wilson Home | $675,000

Med Sale

John Dodge Home | $1,600,000

High Sale

Teton Pines Home | $7,750,000 2014-15 Top Sale(s)

Teton Pines | $7,750,000

2015 Q1 Highlights Low Sale

Cedars Building | $343,750

Med Sale

Bearberry Building | $379,000

High Sale

Garden Home Teton Pines | $1,075,000

2014-15 Top Sale(s) Teton Pines Garden Home | $1,450,000

2015 Q1 Highlights Low Sale

H-H-R Ranches | $1,075,000

Med Sale

N/A

High Sale

Stilson Ranch | $1,175,000 2014-15 Top Sale(s)

Lake Creek Ranch | $4,485,000

Combined Active Listings Single Family, Multi Family and Building Sites DOWN 23% NORTH OF WILSON * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. * All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

307.734.9949

thenevillegroup.com


south of wilson SINGLE FAMILY HOMES

2014 Q1

2015 Q1

%

2014 TOTALS

30

17

-43.33%

17

Pending

5

5

0%

Units Sold

5

4

-20%

20

Average Sold Price

$969,500

$1,446,750

49.23%

$2,092,588

Median Sold Price

$800,000

$1,128,500

41.06%

$1,221,000

3

2

-33.33%

26

2014 Q1

2015 Q1

%

2014 TOTALS

Active

1

0

-100%

0

Pending

0

0

0%

Active

New Listings MULTI FAMILY HOMES

Units Sold

0

0

0%

1

Average Sold Price

0

0

0%

$0

Median Sold Price

0

0

0%

$0

New Listings

0

0

0%

$0

2014 Q1

2015 Q1

%

2014 TOTALS 21

BUILDING SITES Active

29

24

-17.24%

Pending

4

4

0%

Units Sold

3

3

0%

12

Average Sold Price

$271,333

$2,233,333

723.10%

$1,410,500

Median Sold Price

$250,000

$950,000

280%

$322,500

4

3

-25%

19

New Listings

2015 Q1 Highlights Low Sale

Highland Park Home | $970,000

Med Sale

Rivermeadows Home | $1,287,000

High Sale

Green Circle Home | $2,605,000 2014-15 Top Sale(s)

Coburn Creek Road | $10,125,000

2015 Q1 Highlights Low Sale

N/A

Med Sale

N/A

High Sale

N/A 2014-15 Top Sale(s)

Rivermeadows | $740,000

2015 Q1 Highlights Low Sale

Rivers Meadows | $750,000

Med Sale

Crescent H | $950,000

High Sale

Crescent H Tract 5 | $5,000,000 2014-15 Top Sale(s)

Crescent H Ranch Tract 5 | $5,000,000

Active Single Family Homes DOWN 43% SOUTH OF WILSON * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. * All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

307.734.9949

thenevillegroup.com


CHRISTIE’S ART & ARCHITECTURE

Established in London more than 240 years ago by James Christie, the auction house today is a renowned international organization that conducts some of the most important auctions in the world. The Christie’s brand exudes quality and prestige, while honoring the traditional values established throughout its illustrious history. An inventive lead-generation system between Christie’s and Christie’s International Real Estate creates a mutually beneficial synergy between art and real estate, building a world-class platform for the highly targeted marketing of distinguished properties. CHRISTIES.COM

Christie’s Education is unique in being wholly owned by Christie’s Auction House, signaling the importance Christie’s places on practical experience of art through education as the key to professional success. As the only major auction house to directly offer degree and non-degree programmes, Christie’s Education continue to follow the principles of hands-on exposure to art, immersing our students in the art world from the beginning of their studies.

CHRISTIE’S EDUCATION

CHRISTIES.EDU

Supported by the esteemed art auction house, Christie’s International Real Estate is a global network offering exclusive home and luxury real estate services to buyers and sellers worldwide. The Christie’s brand is instantly recognizable to clients and distinguishes your property from others. We

CHRISTIE’S INTERNATIONAL REAL ESTATE

focus exclusively on luxury residential real estate and understand how to reach and serve discerning clientele. Along with this expertise, we offer you the tailored, trusted service that our clients have depended on for 250 years, collaboration with our auction house colleagues, and referrals from our network of the world’s top brokers. CHRISTIESREALESTATE.COM

Christie’s Travel in association with Abercrombie & Kent, is dedicated to connecting clients with the most important milestone events, masterpiece works and collections, as well as undiscovered artists and trends that comprise the multi-national world of Art today. This unique travel program is made possible through the powerful combination of Christie’s 250 years’ experience in the art market, and offices in 32 countries with leading experts in over 60 Art departments.

CHRISTIE’S TRAVEL

CHRISTIES.COM/TRAVEL


US $95 Billion

57 Million

SALES VOLUME

ANNUAL WEBSITE VISITORS

US $70 Billion

Christie’s International Real Estate

Sotheby’s International Realty

Christie’s International Real Estate

760

Sotheby’s International Realty

NUMBER OF AGENTS

NUMBER OF OFFICES

Sotheby’s International Realty

The Affiliate Network spans the globe with 139 brokerages in 46 countries, operating out of 1,350 offices with more than 32,000 associate brokers.

32,000

1,350

Christie’s International Real Estate

11 Million

Christie’s International Real Estate

307.734.9949

Christie’s International Real Estate is an invitation-only affiliate network comprised of the world’s most proven and qualified real estate specialists in the luxury residential sector, and is the only international luxury real estate network wholly-owned by an international art auction house. By cultivating a unique balance of worldwide scope and highly personalized service, Christie’s International Real Estate has become a global authority on the effective marketing of distinctive properties. A finely tuned suite of programs, and a commitment to the business philosophy established by Christie’s in 1766, defines a brand based on trust, integrity, discretion, and excellence.

16,500

Sotheby’s International Realty

thenevillegroup.com

Each affiliated brokerage is required to meet a set of scrupulous standards before being invited to join the Network. To qualify, brokerages must demonstrate an established track record in the marketing and sale of distinctive properties, as well as a sterling reputation for excellence in customer service.


c e n t r a l va l l e y S NA K E R I VE R TO THE E LK REFUGE & HWY 22 NORTH TO SAGEBRU S H SINGLE FAMILY HOMES

2014 Q1

2015 Q1

%

2014 TOTALS

Active

23

19

-17.39%

16

Pending

3

3

0%

Units Sold

2

2

0%

11

Average Sold Price

$1,447,500

$3,087,500

113.30%

$2,586,922

Median Sold Price

$1,447,500

$3,087,500

113.30%

$1,835,400

3

5

66.67%

21

2014 Q1

2015 Q1

%

2014 TOTALS

Active

13

8

-38.46%

26

Pending

2

1

-50%

Units Sold

4

1

-75%

12

Average Sold Price

$536,000

$1,633,000

204.66%

$504,916

Median Sold Price

$532,000

$1,633,000

206.95%

$510,000

5

2

-60%

11

2014 Q1

2015 Q1

%

2014 TOTALS 27

New Listings MULTI FAMILY HOMES

New Listings BUILDING SITES Active

44

41

-6.82%

Pending

2

5

150%

Units Sold

3

7

133%

14

Average Sold Price

$1,145,333

$3,428,000

199.30%

$1,748,500

Median Sold Price

$1,426,000

$1,750,000

22.72%

$1,265,000

1

5

400%

34

New Listings

2015 Q1 Highlights Low Sale

Bar Y | $975,000

Med Sale

N/A

High Sale

Gros Ventre North | $5,200,000 2014-15 Top Sale(s)

Indian Springs Ranch | $6,600,000

2015 Q1 Highlights Low Sale

N/A

Med Sale

N/A

High Sale

Spring Creek Ranch | $1,633,000**

2014-15 Top Sale(s) Spring Creek Ranch | $1,633,000**

2015 Q1 Highlights Low Sale

Saddle Butte Lot 18 | $431,000

Med Sale

Indian Springs Ranch Lot 25 | $3,500,000

High Sale

Bar BC Ranch 22 | $8,740,000** 2014-15 Top Sale(s)

Ranch 3 Bar BC $9,154,000**

Lot sales are U P 1 3 3 % W I T H N O M O R E N E W I N V E N T O R Y A N T I C I PAT E D * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. * All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

307.734.9949

thenevillegroup.com


n o r t h e r n va l l e y SAG E B R USH TO M ORAN & SNAKE RIVER TO KELLY SINGLE FAMILY HOMES

2014 Q1

2015 Q1

%

2014 TOTALS

25

26

4%

9

Pending

2

4

100%

Units Sold

2

5

150%

Average Sold Price

$2,900,000

$1,474,000

-49.17%

$1,471,385

Median Sold Price

$2,900,000

$1,175,000

-59.48%

$1,200,000

6

6

0%

36

2014 Q1

2015 Q1

%

2014 TOTALS

Active

New Listings MULTI FAMILY HOMES

13

2015 Q1 Highlights Low Sale

Kelly | $650,000

Med Sale

Snake River Woods | $1,175,000

High Sale

H-C | $2,800,000 2014-15 Top Sale(s)

Teton Cascade | $4,600,000

2015 Q1 Highlights

There are rarely any Multi Family units sold in this area. BUILDING SITES

2014 Q1

2015 Q1

%

2014 TOTALS

Active

23

20

-13.04%

19

Pending

0

2

200%

Units Sold

1

2

100%

12

Average Sold Price

$349,000

$1,010,000

189.40%

$1,141,583

Median Sold Price

$349,000

$974,200

179.14%

$725,000

1

2

100%

29

New Listings

2015 Q1 Highlights Low Sale

Bar B Bar | $823,400

Med Sale

N/A

High Sale

Bar B Bar | $1,125,000 2014-15 Top Sale(s)

Solitude | $4,600,000

Average sale price first quarter 2014 vs first quarter 2015 R O S E F R O M $ 3 4 9 K T O $ 1 , 0 1 0 , 0 0 0 I N T H E N O R T H E R N VA L L E Y * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. * All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

307.734.9949

thenevillegroup.com


town of jackson SINGLE FAMILY HOMES

2014 Q1

2015 Q1

%

2014 TOTALS

24

33

37.50%

21

Pending

8

9

12.50%

Units Sold

7

6

-14-29%

Average Sold Price

$813,143

$843,333

3.71%

$972,940

Median Sold Price

$852,000

$761,000

-10.68%

$808,680

10

13

30%

66

2014 Q1

2015 Q1

%

2014 TOTALS 18

Active

New Listings MULTI FAMILY HOMES

45

Active

57

48

-15.79%

Pending

25

20

-20%

Units Sold

14

13

-7.14%

54

Average Sold Price

$564,064

$446,452

-20.85%

$616,245

Median Sold Price

$450,000

$462,500

2.78%

$415,000

23

32

39.13%

102

New Listings BUILDING SITES

2014 Q1

2015 Q1

%

2014 TOTALS

Active

17

11

-35.29%

10

Pending

2

3

50%

Units Sold

1

4

300%

8

Average Sold Price

$350,000

$990,500

183%

$495,875

Median Sold Price

$350,000

$487,500

39.29%

$403,500

5

1

-80%

19

New Listings

2015 Q1 Highlights Low Sale

Cottonwood Park | $640,000

Med Sale

Westgate | $740,000

High Sale

Gill Addition | $1,300,000 2014-15 Top Sale(s)

Saddle Butte | $4,300,000

2015 Q1 Highlights Low Sale

Brookside | $285,000

Med Sale

Elk Run | $580,000

High Sale

Clarks Knoll | $645,000

2014-15 Top Sale(s) 810 West | $970,000

2015 Q1 Highlights Low Sale

Karns Hillside | $387,000

Med Sale

Indian Trails | $550,000

High Sale

Corner of King & Gill $2,600,000 2014-15 Top Sale(s)

Corner of King & Gill | $2,600,000

Single-family inventory D OW N TO 8 M O N T H S O F I N V E N TO RY I N T H E TOW N O F JAC K S O N * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. * All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

307.734.9949

thenevillegroup.com


south of jackson SINGLE FAMILY HOMES

2014 Q1

2015 Q1

%

2014 TOTALS

Active

43

49

13.95%

32

Pending

12

12

0%

Units Sold

12

5

-58.33%

59

Average Sold Price

$1,303,375

$2,192,484

68.22%

$1,483,769

Median Sold Price

$874,000

$893,710

2.26%

$874,500

11

19

72.73%

75

2014 Q1

2015 Q1

%

2014 TOTALS 34

New Listings MULTI FAMILY HOMES Active

3

2

-33.33%

Pending

5

5

0%

Units Sold

1

1

0%

7

Average Sold Price

$178,500

$429,000

140.34%

$391,959

Median Sold Price

$178,500

$429,000

140.34%

$396,000

1

1

0%

7

New Listings BUILDING SITES

2014 Q1

2015 Q1

%

2014 TOTALS

Active

67

71

5.97%

59

Pending

11

9

-18.18%

Units Sold

5

7

40%

32

Average Sold Price

$701,800

$502,736

-28.36%

$1,018,817

Median Sold Price

$256,680

$370,000

44.15%

$347,500

4

12

200%

43

New Listings

2015 Q1 Highlights Low Sale

South Park | $600,000

Med Sale

Melody Creek Lane | $1,038,000

High Sale

Dairy | $7,250,000 2014-15 Top Sale(s)

Bryan Flat | $7,820,000**

2015 Q1 Highlights Low Sale

N/A

Med Sale

N/A

High Sale

Northeast 40 | $429,000

2014-15 Top Sale(s) Walden Pond | $565,000

2015 Q1 Highlights Low Sale

Rogers Point | $242,500

Med Sale

Falcon Springs | $370,000

High Sale

South Park Service Center $1,050,000

2014-15 Top Sale(s) Boyles Hill Road | $9,154,000**

Single family inventory is A P P R O X I M A T E LY 8 M O N T H S Single family average sold price I N C R E A S E D 6 8 % * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. * All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

307.734.9949

thenevillegroup.com


w hy jackson hol e? Jackson Hole, Wyoming is a vibrant, mountain community - home to the stunning Grand Teton Mountain range, Grand Teton & Yellowstone National Parks, and the Bridger Teton National Forest. Designated as one of the most fit and philanthropic regions in the nation, Jackson Hole residents enjoy healthy lifestyles and are deeply engaged in their community. Wyoming is the most “tax-friendly� state in the United States - providing Jackson Hole with an incredible community of people, food, the arts, outdoors and wildlife, making Teton County one of the most soughtafter lifestyle locations in the world. ALL PROPERTIES

2014 Q1

2015 Q1

%

2014 TOTALS

Active

571

520

-8.93%

390

Pending

113

129

14.16%

Units Sold

88

94

6.82%

455

Average Sold Price

$1,090,015

$1,560,699

43.18%

$1,192,359

Median Sold Price

$625,000

$830,000

32.80%

$765,000

115

142

23.48%

652

New Listings

83% SOLD properties reported through MLS Q1 2014 74% SOLD properties reported through MLS Q1 2015

307.734.9949

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a l l of teton c ount y SINGLE FAMILY HOMES

2014 Q1

2015 Q1

%

2014 TOTALS 146

Active

198

187

-5.56%

Pending

39

47

20.51%

Units Sold

33

32

-3.03%

189

Average Sold Price

$1,815,455

$2,098,888

15.61%

$1,708,156

Median Sold Price

$937,500

$1,231,000

31.31%

$1,125,000

42

54

28.57%

281

New Listings

2015 Q1 Highlights Low Sale

Cottonwood Park | $640,000

Med Sale

Gill Addition | $1,300,000

High Sale

Shooting Star | $10,250,000 2014-15 Top Sale(s)

Shooting Star | $10,250,000 Ellen Creek | Undisclosed / Listed for $12,500,000

22

6

2

2

$0 - $2M

$2M - $5M

$5M-$8M

$8M+

SINGLE FAMILY HOMES SOLD QUARTER 1 2015

MULTI FAMILY HOMES

2014 Q1

2015 Q1

%

2014 TOTALS

Active

156

136

-12.82%

77

Pending

47

53

12.77%

Units Sold

35

36

2.86%

Average Sold Price

$673,324

$867,182

28.79%

Median Sold Price

$525,000

$605,000

15.23%

$462,000

53

57

7.55%

206

New Listings

170

2015 Q1 Highlights Low Sale

Brookside | $285,000

Med Sale

Elk Run | $580,000

High Sale

Four Seasons | $3,950,000 2014-15 Top Sale(s)

Four Seasons | $4,450,000

25

5

6

$1M - $2M

$2M+

MULTI FAMILY HOMES SOLD QUARTER 1 2015 $0 - $1M

BUILDING SITES

2014 Q1

2015 Q1

%

2014 TOTALS

Active

217

197

-9.22%

167

Pending

27

29

7.41%

Units Sold

20

26

30%

96

Average Sold Price

$1,194,350

$1,812,583

51.76%

$1,459,073

Median Sold Price

$487,500

$816,700

67.53%

$777,500

20

31

55%

165

New Listings

2015 Q1 Highlights Low Sale

Rogers Point | $242,500

Med Sale

Snake River Sporting Club | $800,000

High Sale

Bar BC Ranch 22 | $8,740,000** 2014-15 Top Sale(s)

Ranch 3 Bar BC | $9,154,000**

15

5

3

3

$0 - $1M

$1M - $2M

$2M-$5M

$5M+

BUILDING SITES SOLD QUARTER 1 2015

Average single family home sold price Q1, 2015 $2,098,888 ** Sales price was “UNDISCLOSED” 92% of list price was used. * The statistics used in this report are from the Teton Multi Listing Service (MLS), The NeVille Group database, and JHREA’s internal database. * All statistics are supplied by sources that have been deemed reliable but are not guaranteed.

307.734.9949

thenevillegroup.com


The NeVille Group – Named Top Producing Sales Team of Jackson Hole Real Estate Associates, and Exclusive Affiliate of Christie’s International Real Estate, The NeVille Group is compromised of successful, dedicated and experienced professionals, backed by years of luxury sales success, global connections, and the largest real estate brokerage in the region. The NeVille Group understands the Jackson Hole market, is globally connected, and locally respected. Jackson Hole Real Estate Associates - The region’s largest and most progressing real estate brokerage in Jackson Hole and the area. The collection of properties, and expertise is unsurpassed and we represent some of the most unique and sought-after real estate in the world. Christie’s International Real Estate - A global network of top brokerages dedicated to the marketing and sale of luxury residential properties. Our access covers a worldwide audience of more than 1,350 real estate offices in 46 countries and transactions resulting in over $125 billion in sales annually.

DAVID A. NEVILLE Associate Broker (307) 690-3209 (307) 734-9963 davidneville@jhrea.com

SHAWN M. ASBELL Sales Associate (307) 413-6231 (307) 734-9949 shawnasbell@jhrea.com

270 West Pearl Ave, Suite 101 Jackson, WY 83001

WWW.T HENEVILLEGROUP.COM


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