JACKSON HOLE REAL ESTATE REPORT
2021 First Quarter
Available Inventory Plummets 77% In Just 12 Months
On March 31, 2020 we reported 274 “Overall Active Listings” in our valley—the second lowest level of available inventory in over 30 years at that time. Twelve months later, Overall Active Listings decreased 77% to 64 total listings.
Our Q1 2020 report noted our strong concerns about COVID-19’s potential effect on our local real estate market. Those concerns melted away by the time we debuted our Q2 2020 report. In fact, 2020 ended up breaking records across the board, including the overall dollar volume of $2.455 billion—55% higher than the previous record set in 2007.