This year began with a steady stream of real estate activity, though the overall pace trailed the first quarter of last year, with transactions down roughly 8%. This decline was driven primarily by sluggish condo and townhome sales, which saw a 54% drop in trades. In contrast, single-family home and land sales both increased year […]
As the year wraps up, it’s a good time to check in on how the Jackson Hole real estate market is doing. While national housing trends tend to grab headlines, Jackson Hole often plays by its own rules. The area’s uniqueness and its extreme land scarcity create a dynamic market that can be difficult to […]
Through the 3rd quarter, the number of transactions is up 14% compared to last year. With mortgage rates holding steady and little change expected, motivated buyers are moving quickly when they find the right property. MARKET OVERVIEW The leaves may be falling in Jackson, but the real estate market certainly isn’t. As we approach the […]
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 […]
The Jackson Hole real estate market closed out 2024 with little fanfare, a period of stability following the turmoil of 2020-2021 and the subsequent dip in transactions during 2022. Over the past three years, both transaction levels and prices have remained largely steady. However, 2024 was still shaped by various economic factors that indirectly impacted our […]
As summer fades into fall, we reflect on the Jackson Hole real estate market. The summer months were active, with many potential buyers closely examining available properties, monitoring interest rates, and waiting for the right moment to act on their dream properties. Sellers, meanwhile, remained patient, trusting that the right buyer would recognize the value […]
In 2023, Jackson Hole’s real estate market sought a new normal, marking a period of transition and adaptation. The year kicked off with interest rates reaching 20-year highs, recession predictions, and concerns about international unrest looming heavily on the minds of both buyers and sellers. These factors collectively contributed to a deceleration in the real […]
Three quarters of the way through 2023 the real estate market in Jackson Hole is holding firm. It has been over a year since the real estate market experienced a shift in buyer sentiment, triggered by increasing mortgage rates and threats of a national recession. While many buyers have decided to put their purchasing plans […]
It has been about a year since the real estate market began shifting locally. A major question on many people’s minds is – Are prices coming down? Based on the year-over-year figures there isn’t any clear evidence of depreciation. In fact, the overall average sale price continued to increase, up 24% from a year earlier. […]
The Jackson Hole real estate market re-balances after 24 months of heated demand and low inventory. The local real estate market is shifting, and quickly at that. In the past 2 years, the lack of inventory has drastically impacted total dollar volume, average sales price and days on market. In the first half of 2021 […]