2024 Year End Market Report - Jackson Hole
Despite early challenges in 2024 — from the Teton Pass collapse to rising mortgage rates — the Jackson Hole real estate market showed remarkable resilience. Transactions increased by 10.6%, and total sales volume exceeded $1.052 billion, breaking the Billion Dollar mark for the year.
Buyers leaned into more affordable options, with a 23.5% increase in condo and townhome sales, bringing the average transaction price down by 7.8% to $3.6M. Inventory stayed steady, with 193 active listings heading into 2025.
The market remains stable, and 2025 is shaping up to be a promising year for Jackson Hole real estate.
Let’s connect to discuss how this market impacts your goals on a more individualized basis.