OUR TEAM
We understand that real estate is about relationships – the ties forged between people and place. Our decades-deep knowledge of the valley combined with Engel & Völkers makes us your Local Real Estate Experts.
JACKSON HOLE REPORT
The Jackson Hole Real Estate Report Podcast, sponsored by the Viehman Group, is your local guide to everything real estate in Jackson Hole, WY. Featuring extensive data collected from our Jackson Hole Real Estate Report including interesting, local insight that affects the market. We invite you to listen in and get a new perspective on buying and selling under the Tetons.
Read the full report at www.jacksonholereport.com
Q1 2025
Changes to the Natural Resources Overlay (NRO) Zoning
Teton County has recently updated its Natural Resources Overlay (NRO) regulations, and one of the most significant changes is that the entire county is now included within the NRO. Previously, only certain environmentally sensitive areas were subject to NRO requirements, but this expansion means that every property—regardless of location—will now go through a form of environmental review when seeking a development permit. The goal is to create a more consistent and transparent process that takes into account wildlife, habitat, and other ecological factors at a countywide level.
NUMBER OF SALES
Listings between $1-3 million saw the most activity with 50% of overall transactions occurring in this range. Geographically, the Town of Jackson experienced the most activity, accounting for 47% of all sales in the valley. The Westbank came in second with 28% of all sales.
SINGLE-FAMILY HOME AVERAGE PRICE
The average and median sale prices for a single-family home hit $7.395 million and $5.25 million – both new Q1 records.
ACTIVE LISTINGS VALLEY WIDE
Overall inventory of active listings increased 9% when compared to 2024 (163 listings). The segment with the least amount of available inventory is vacant single-family lots, where inventory is still the third lowest in modern history.
FEATURED LISTING
Discover unparalleled mountain living in this custom-built log home nestled on just over an acre, offering breathtaking views and boundless outdoor recreation. Located in Bondurant, just 30 minutes from Jackson Hole, this property is an outdoor enthusiast’s dream with access to the Bridger Teton National Forest for hunting, fishing, snowmobiling, and more.
WE KNOW WYOMING
When it comes to Jackson Hole, our standards are high and uncompromising. Engel & Völkers has a long and very personal experience with Jackson Hole real estate. After all, we live and work here, and we are happy to share our love and knowledge of this magnificent area with you. For Jackson Hole truly has it all: romantic cabins in the woods, working cattle ranches, grand lodges on hundreds of open acres, even golf course homes with club amenities just steps away. Somewhere in Jackson Hole is a property that will capture your heart. Together, we’ll find it.
155 W. Broadway
Jackson, WY 83001
Associate Broker
307.690.4004
david@jacksonholereport.com
Associate Broker
307.690.0621
devon@jacksonholereport.com
Associate Broker
307.699.5921
luke@jacksonholereport.com
