THE VIEHMAN GROUP
David & Devon Viehman are known for delivering strong results and building lasting client relationships. Their work has earned industry recognition and features in respected publications. Below is a selection of press highlights and professional honors that reflect their commitment to excellence.
JANUARY 23, 2026
In 2025, the Jackson Hole real estate market surged to near-record heights, clearing over $2.17 billion in total sales volume as demand continued to outpace limited inventory. According to Cowboy State Daily, luxury developments like the Hoback Club helped fuel a 52 percent year-over-year increase in sales, with both high-end properties and strong activity in the $1 million-to-$3 million range contributing to the robust performance. Devon Viehman and The Viehman Group played a key role in capturing and reporting these market trends, underscoring their deep expertise in one of the nation’s most dynamic real estate markets.
JULY 15, 2025
In 2025, the Jackson Hole real estate market reached unprecedented heights with the average price for a single-family home hitting about $10.7 million, according to the latest Jackson Hole Report, even as sales volume climbed 16 percent year-over-year. Despite slight dips in median and average sale prices driven by more activity in the sub-$5 million segment, luxury homes remain a dominant force, with 11 properties above $10 million closing in the first quarter and notable listings at $40 million and $60 million underscoring sustained demand at the upper end. Inventory has crept up modestly but remains tight, with fewer than nine months of supply for single-family lots and around 38 percent of active listings priced above $10 million, deepening affordability challenges for local residents in one of the nation’s most elite mountain markets.
APRIL 30, 2025
In recent years, Jackson Hole real estate has continued to set new benchmarks for luxury housing, with the average sale price for a single-family home reaching unprecedented levels around $7.4 million, reflecting sustained demand and an ultra-limited inventory that has made the valley one of the priciest housing markets in the nation. Local reports note that median and average prices have climbed sharply year-over-year, keeping affordability out of reach for many and reinforcing Jackson Hole’s status as a high-end real estate outlier. These figures underscore how deeply constrained supply and strong buyer interest continue to shape market dynamics in the region.
APRIL 3, 2025
In 2024, the Jackson Hole real estate market continued to defy expectations with median home sale prices reaching about $3.4 million, roughly double what they were in 2019 as demand among affluent buyers remained strong. According to Realtor.com, luxury inventory also expanded, with 31 homes listed at $10 million or more, about twice the prepandemic count, underscoring the enduring appeal of the region’s high-end properties and limited supply. While sales activity has moderated from peak pandemic levels, prices remain historically high and show resilience in one of the nation’s most competitive mountain real estate markets.
APRIL 2, 2025
In recent years, Jackson Hole real estate prices have climbed dramatically, with median home values more than doubling from about $1.7 million in 2019 to around $3.4 million by 2023, driven by affluent buyers seeking natural beauty, tax advantages, and exclusivity. According to The Wall Street Journal, homes that sold for $4 million in 2020 are now routinely commanding $8 million or more, while some luxury estates fetch $40 million and above, reflecting sustained demand and extremely limited supply in Teton County. Despite hopes for a post-pandemic cooldown, inventory remains tight and high-end prices continue to rise in one of the nation’s most competitive luxury markets.
SEPTEMBER 6, 2022
In 2022, the Jackson Hole real estate market showed signs of slowing from its pandemic-era boom, with total sales activity down nearly 50 percent compared to the prior year as buyers became more cautious and cash purchases less frequent. Despite softer transaction counts and reduced dollar volume, prices remained historically high, with just 18 sales under $1 million in the first half of 2022 compared to 220 in 2013, illustrating persistent demand amid limited developable land. Local realtors noted that while sales patterns are normalizing, a meaningful price correction seems unlikely without broader economic shifts.
AUGUST 6, 2024
In 2024, Jackson Hole real estate saw one of its lowest sales volumes since the mid-1990s even as inventory ticked up, yet prices showed no sign of retreat, with demand still strong for properties below $2 million and competitive offers continuing soon after listings hit the market.
MARCH 19, 2024
In a standout week for Jackson Hole real estate, local broker David Viehman celebrated major market activity and notable transactions that underscored sustained demand and his deep engagement in the valley’s luxury housing sector.
NOVEMBER 15, 2023
In 2023, Jackson Hole real estate set a new record with median single-family home prices around $5.2 million despite lower sales volume and slightly higher inventory, underscoring continued demand and limited supply.
JANUARY 19, 2022
In 2025, Jackson Hole real estate sales hit record levels again with total dollar volume climbing well into the billions as luxury homes and high-end transactions continued to dominate a market defined by tight inventory and exceptionally high prices.
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
