Jackson Hole Market Report Quarter One 2022

/in /by

Quarter One of 2022 is the first chapter in a different real estate landscape in Jackson Hole. The significant shortage of inventory we have been experiencing for the last two years has hit home, causing the number of transactions to drop over 50% and total dollar volume to drop 23% when comparing Q1 2022 to Q1 2021.

The total dollar volume for Q1 2022 checked in at nearly $460M including an off market hotel sale of over $100M. However, it is important to remember that Q1 0f 2021 broke never-before-seen record highs in dollar volume. And while January and February of 2022 posted a lower sales volume than last year, decreased approximately $75M and $51M respectively, March 2022 experienced a rather profound uptick to approximately $142M.