2025 Quarter 1 Market Report

Jackson Hole’s real estate market is off to a strong start in 2025. Compared to the first quarter of last year, the number of transactions has increased by approximately 11%, totaling 81 sales. This uptick was somewhat anticipated, as 2024 ended with a significant number of pending listings in the pipeline. The most notable surge occurred in the Town of Jackson, where sales rose by 60% year-over-year.

Average and median sale prices saw only modest shifts, down 5% and 2%, respectively. Meanwhile, more sellers appear to be entering the market ahead of the spring selling season—likely aiming to capitalize on limited competition. At quarter-end, active listings were up 8%, with 165 properties on the market. However, it’s worth noting that even with this increase, inventory remains historically low for Jackson.

The average days on market dropped by about 15% to 146 days, suggesting homes are selling more quickly than they did at this time last year. A 6% rise in pending listings further points to steady buyer demand.