While the total transactions in Teton County fell 3.3 percent in 2023 compared to last year, the complementing dollar managed to break the symbolic $1 Billion mark just in time for the new year. Home sales dominated the year-end stats, generating nearly $750M on just 137 transactions (for an average home sale price of $5.44M)…

Own a Piece of the Snake River in Jackson Hole, Wyoming.

A once-in-a-blue-moon property in Jackson Hole, this 17.77-acre parcel is a chance to own a piece of the Snake River with panoramic mountain views and exceptional privacy protected by adjacent conservation easements. The location offers the best of Jackson Hole – relax on site with unobstructed mountain views across the flowing river, fly fish the Snake River in the afternoon, and treat yourself to fine dining or a night out at the Million Dollar Cowboy Bar just a short 10 miles away. The property has abundant wildlife including resident Bald Eagles, moose, fox, and elk. Multiple structures can be built including a main home, guest home, and barn. This horse-friendly property includes surface water rights for irrigation. Minimal restrictions. No HOA. $9.5M USD.

On paper the Teton Valley, Idaho and Alta, Wyoming real estate market saw a little bit of a letdown by the end of 2023, with transactions falling 23.2 percent and overall dollar volume dropping 11.1 percent compared to 2022. That perceived letdown, however, fails to take into account the meteoric rise the valley has seen in recent years. In 2019 (or pre-Covid), the Teton Valley market saw 586 transactions that generated $181.9M in sales volume.

Despite a strong Q4 that saw an uptick in both transactions and overall sales dollar volume (up 16.7 percent and 56.2 percent, respectively), the 2023 Star Valley real estate market ended down on the year compared to 2022, posting 31.5 percent fewer transactions and 34.2 percent less volume than the previous twelve months…