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Story perspectives

Jackson Hole Real Estate Sales Surge Despite Challenges

1/25/2025

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Summary

Story summary

The Jackson Hole real estate market encountered challenges in 2024, including the Teton Pass collapse and elevated mortgage rates.
Transactions rose by 10.6%, resulting in $1.052 billion in sales.
The average transaction price decreased by 7.8% to $3.6 million, reflecting an increase in lower-priced listings.
Inventory held steady, with 193 properties available at the beginning of 2025.

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Story summary

The Jackson Hole real estate market encountered challenges in 2024, including the Teton Pass collapse and elevated mortgage rates.
Transactions rose by 10.6%, resulting in $1.052 billion in sales.
The average transaction price decreased by 7.8% to $3.6 million, reflecting an increase in lower-priced listings.
Inventory held steady, with 193 properties available at the beginning of 2025.