T1 2016
JACKSON HOLE MARKET REPORT
INTRODUCTION
T1 2016 JACKSON HOLE
The first 4 months of the
year were the busiest in
Prugh Real Estate’s
10 years.
With many new listings coming on the market in time
for the summer selling season, we expect to see a
continued increase in activity for both buyers and
sellers.
Looking to buy or sell a home? Call us, 307.733.9888.
We provide an innovative approach, a broad network
of buyers, sellers and investors, and have a proven
track record representing over $145M worth of
transactions in the last 3 years.
02 | T1 Jackson Hole Market Report
PRUGH REAL ESTATE LLC
|
1110 MAPLE WAY • JACKSON HOLE, WY 83001
MARKET HIGHLIGHTS
T1 2016 JACKSON HOLE
BIGGEST SALE:
$10,250,000
520 S. INDIAN SPRINGS DR.
SMALLEST SALE:
$264,000
171
CURRENT LISTINGS
UNDER $1M
50 CLOSED IN THE FIRST 4 MONTHS
AVERAGE LISTING PRICE $642,300
MEDIAN (CURRENT LIST PRICE) $695,000
AVERAGE DAYS ON MARKET 271
750 POWDERHORN LANE I-1
207
CURRENT LISTINGS
BETWEEN $1-5M
44 CLOSED IN THE FIRST 4 MONTHS
AVERAGE (CURRENT LIST PRICE) $2,231,359
MEDIAN (CURRENT LIST PRICE) $1,962,500
AVERAGE DAYS ON MARKET 324
67
CURRENT LISTINGS
OVER $5M
6 CLOSED IN FIRST 4 MONTHS
AVERAGE (CURRENT LIST PRICE) $10,762,463
MEDIAN (CURRENT LIST PRICE) $8,950,000
AVERAGE DAYS ON MARKET 400
PRUGH.COM
|
307.733.9888
T1 Jackson Hole Market Report |
03
SOLITUDE
teton
VILLAGE
KELLY
SHOOTING
STAR
JOHN DODGE
BAR-B-BAR
JACKSON HOLE
GOLF & TENNIS
north
OF JACKSON
north
WEST BANK
THE ASPENS
BAR BC
TETON PINES
TUCKER
RANCH
H-H-R
west
OF JACKSON
WILSON
GROS VENTRE
NORTH
GROS VENTRE
WEST/BAR Y
SPRING CREEK RANCH
AMANGANI
south
town
WEST BANK
HECK-OF-A-HILL
OF JACKSON
INDIAN
SPRINGS
RANCH
INDIAN TRAILS
TEAL TRACE
ELY
SPRINGS
CRESCENT H RANCH
COTTONWOOD PARK
DAIRY
3 CREEK RANCH
RIVERMEADOWS
south
RAFTER J
OF JACKSON
MELODY RANCH
GAME CREEK
HOG ISLAND
RED TOP
HOBACK
JUNCTION
04 | T1 Jackson Hole Market Report
PRUGH REAL ESTATE LLC
|
1110 MAPLE WAY • JACKSON HOLE, WY 83001
NEW DEVELOPMENT
135 W KELLY AVENUE
Prugh Real Estate has spent 7 years working to change the zoning of the Kelly/
Millward corner in downtown Jackson. In April 2016, Prugh was approved by the
Town of Jackson to build 12 new 2 bedroom apartments with basements for
laundry and storage. This development will offer long-term workforce housing just
blocks from the post office, parking garage, Center for the Arts, and Snow King.
SLEEPER DEAL: $699,000
LIVE/WORK 1113 HWY-22
Rare opportunity to own a 2,000 sqft Metro Plateau live/work unit designed by
Dynia Architects. This bi-level unit has two bathrooms, one bedroom, custom
cabinets, hydronic heat, and offers flexibility for multiple work scenarios. Perfect
for artists, entrepreneurs, small businesses and startups. MLS #: 16-432
PRUGH.COM
|
307.733.9888
T1 Jackson Hole Market Report |
05
CURRENT LISTINGS:
12390 E HOBACK VISTAS DRIVE
6 ACRES ADJACENT TO NATIONAL FOREST
MLS 15-1599, 4 BED/5 BATH, 5,821 SF, $2,200,000
2775 S SILVER FOX LANE
STUNNING VIEWS IN 3 CREEK RANCH
MLS 15-2522, 4 BED/5 BATH, 4,357 SF, $3,350,000
UNDER
CONTRACT
420 HENLEY ROAD
3555 N LAKE CREEK DR
3-BEDROOM CONDOMINIUM IN THE ASPENS
MLS 16-970, 3 BED/3 BATH, 1,594 SF, $739,000
EAST JACKSON TOWNHOME CLOSE TO TRAILHEAD
MLS 16-739, 3 BED/4 BATH, 2,718 SF, $899,000
UNDER
CONTRACT
755 HANSEN AVENUE #105
EAST JACKSON CONDOMINIUM
MLS 16-110, 2 BED/1 BATH, 748 SF, $299,000
06 | T1 Jackson Hole Market Report
775 E WILD RYE DRIVE
JACKSON HOLE GOLF & TENNIS LOT
MLS 16-1210, 1.01 ACRES, $745,000
PRUGH REAL ESTATE LLC
|
1110 MAPLE WAY • JACKSON HOLE, WY 83001
GILL ADDITION: 385 E BROADWAY
1875 MOOSE-WILSON ROAD
EAST JACKSON HOME PLUS ADDITIONAL HOMESITE
MLS 15-3035, 4 BED/1 BATH, 0.42 ACRES, $2,385,000
NEW HOME CLOSE TO TETON VILLAGE
MLS 15-3036, 2 BED/ 2 BATH, $895,000
2705 W BULRUSH LANE
700 PONDEROSA DRIVE
CORNER DAISY BUSH HOME
MLS 16-47, 0.76 ACRES, $995,000
GRAND TETON MEADOW HOME ON 2.25 ACRES
MLS 16-771, 2 BED/2 BATH, 1,740 SF, $995,000
155 WOLF DRIVE
610 E HALL AVE
TOP OF SPRING CREEK RANCH
MLS 15-2086, 1 ACRE, $1,300,000
RARE CORNER AR AUTO-URBAN ZONED HOMESITE
MLS 16-937, 1 BED/2 BATH, 1,080 SF, $750,000
PRUGH.COM
|
307.733.9888
T1 Jackson Hole Market Report |
07
WHERE TO WATCH:
NIKAI SUSHI
RESTAURANT
GILL ADDITION
10 min
0.5 mile
170 N JEAN STREET
LOCATED IN THE
HEART OF JACKSON
7 min
0.4 mile
PERSEPHONE
LOCAL
BAKERY
RESTAURANT
10 min
0.5 mile
TOWN SQUARE
FARMER’S MARKET
GATHER
KING SUSHI
RESTAURANT
RESTAURANT
7 min
0.4 mile
12 min
0.6 mile
CENTER FOR
THE ARTS
N
SNOW KING
SKI RESORT
15 min
0.7 mile
THE GILL ADDITION
There are currently 7 properties for
sale—homesites for development and
finished homes from $1.4M to $2.45M.
Prugh Real Estate is building two new
homes on Jean Street that should be
framed by July 4th weekend.
08 | T1 Jackson Hole Market Report
PRUGH REAL ESTATE LLC
|
1110 MAPLE WAY • JACKSON HOLE, WY 83001