JACKSON HOLE REAL ESTATE REPORT
2025 First Quarter
We are no longer mailing copies of the report to valley residents. In order to receive our quarterly reports please sign up here.
JACKSON HOLE REAL ESTATE REPORT
We are no longer mailing copies of the report to valley residents. In order to receive our quarterly reports please sign up here.
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.
Compared with the first three months of 2024, the number of sales in 2025 climbed 16%. In contrast, the dollar volume decreased 5%, and the average and median sale prices also decreased 18% and 1.5%, respectively. The drop in the average sale price is due to a 10% increase in sales closing for under $5 million. 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.
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