As 2024 drew to a close, the Jackson Hole real estate market showcased its dynamic nature, with notable shifts across segments. Single-family home sales rose 9%, with inventory up 30% and a slight dip in median price to $3M, signaling buyer opportunities. Condos and townhomes led the market, with transactions up 17% and dollar volume growing to $202.3M. In the luxury segment, demand remained strong despite fewer transactions, as the median price climbed to $7.4M. Land sales faced challenges due to limited availability, but high-value parcels drove a 13% increase in average price. Heading into 2025, the market offers promise for buyers, sellers, and investors alike.
