Q1 2024

Jackson Hole Market Report

Despite a 20% increase in overall inventory compared to the previous year, the number of properties for sale remains exceptionally low. This persistent low-inventory environment, coupled with strong demand, has kept real estate prices resilient. The overall average sale price rose by approximately 33% compared to the first quarter of 2023, partially driven by several properties fetching prices exceeding $20 million. However, the median sale price did decline by about 13%.