As we move into 2018, all indications are that real estate will have a good year in Cody, WY. Not unlike last year, which saw robust sales and homes in the higher price ranges selling.
Our market definitely tends to be conservative, and that's a good thing. Slower appreciation works well when markets slow down. We tend to be in the 5% annual appreciation range. Buy and hold is a great strategy here.
I've included a chart that shows sales this year compared to sales in 2017. What's immediately noticeable is the total dollar volume. Same number of sales but volume this year is over $2,000,000.00 more.
If you're interested in learning more about our market, call me. 307-899-5393. Please leave a message.