The first half of 2025 revealed a resilient but evolving real estate landscape in Jackson Hole. Despite national headwinds such as elevated interest rates, volatile global markets, and persistent buyer hesitation, the local market experienced an 18% increase in overall transaction volume and a 16% rise in total dollar volume compared to mid-year 2024. While the average sale price dipped slightly by 2%, this shift reflects increased activity in mid-market price ranges rather than a decline in value. Notably, consumer confidence began to rebound in late Q2 following May’s tariff policy reversal and stock market recovery. Inventory levels rose 15%, and 33% more listings went under contract, signaling improving both buyer engagement and selection as we head into the second half of the year.