Every Sale. Every Trend. Every Insight.

The Jackson Hole Report

Stay ahead of the curve with the most reliable, unbiased, and detailed view of Jackson Hole real estate.

For over 30 years, the Jackson Hole Report has been the most trusted and accurate source for real estate in Teton County. Unlike the MLS, which only tracks about 60% of sales, we track every single transaction on and off the market so you get the complete picture.

RESEARCHED & WRITTEN BY LONGTIME LOCALS WITH UNMATCHED EXPERTISE

Why Sign Up for the Jackson Hole Report?

Information is power. Our updates give you a clear view of pricing shifts, inventory changes, and market momentum before others even notice. This insight gives buyers a negotiating edge and helps sellers position their property to stand out.

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Accurate, Independent Data
Compiled from every local brokerage, not just one firm’s listings.
Quarterly Insights
Breaking down sales trends, inventory shifts, and pricing dynamics across neighborhoods and property types.
Local Perspective
Analysis rooted in decades of experience living and working in Jackson Hole.
Smart Decision-Making
Whether buying, selling, or investing, the report helps you move forward with confidence.
Exclusive Access
Delivered directly to your inbox before the headlines hit.

Why accurate, independent data matters?

WE TRACK EVERY SINGLE TRANSACTION ON AND OFF THE MARKET

Our readers gain access to exclusive data you will not find on Zillow or Realtor.com. We show the trends that matter most, from luxury estates to in-town condos, so you can make smarter decisions whether you are buying or selling.

JACKSON HOLE REPORT
Q2 2025

25%

NUMBER OF SALES

$5.8M

AVERAGE SALE PRICE
SINGLE FAMILY HOMES

JACKSON HOLE SOTHEBY’S
Q2 2025

6%

NUMBER OF SALES

$6.4M

AVERAGE SALE PRICE
SINGLE FAMILY HOMES

KELLER WILLIAMS JH
Q2 2025

8%

NUMBER OF SALES

$6.7M

AVERAGE SALE PRICE
SINGLE FAMILY HOMES

COMPASS JACKSON HOLE
Q2 2025

18%

NUMBER OF SALES

$5.8M

AVERAGE SALE PRICE
SINGLE FAMILY HOMES

In Jackson Hole, some of the most desirable properties never even hit the Multiple Listing Service (MLS). So far this year, 41% of sales were either not publicly listed or did not disclose the final price. Without the right connections, you could miss out on the home or investment you’ve been waiting for.

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Q4 2025

Jackson Hole Real Estate Report Snapshot

The Overall Market Hit a 30-Year Record

Jackson Hole closed 2025 with 453 total transactions, up 27% year over year, and $2.17 billion in dollar volume, a 52% increase from 2024. This marks one of the strongest overall performances in more than three decades, defying broader national real estate slowdowns.

Inventory Remains the Core Constraint

Despite rising activity, overall inventory declined 9% compared to last year and is not expected to meaningfully increase until late spring 2026. Limited developable land and labor constraints continue to keep supply tight, reinforcing long-term price support across all segments.

The $1M–$3M Segment Is the Market’s Pressure Point

Homes priced between $1 million and $3 million accounted for 44% of all transactions, yet represented only 20% of available inventory at year’s end. This imbalance continues to drive competition and upward pressure on pricing, particularly in the Town of Jackson.

Luxury Activity Surged, Led by New Development

The luxury market saw a 131% increase in closings, driven largely by new condo sales in Teton Village, including Hoback Club. While luxury inventory under contract has leveled off, pricing remains well supported, and competition for well-priced properties is expected to continue into 2026.

Cash and Out-of-Area Buyers Continue to Shape Demand

In 2025, 47% of buyers came from outside Jackson Hole, led by the Midwest and Northeast. Cash purchases remain dominant—especially in land sales—underscoring Jackson Hole’s position as a lifestyle and capital-preservation market rather than a cyclical one.

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Overall Number of Sales: Up 27%

The year closed with the overall market—including all home, lot, condo, and commercial transactions or listings—reporting 27% more closings than 2024 for a total of 453 in 2025.

Number of Active Listings: Down 9%

Current overall available inventory is down 9% when compared to 2024. Condo/Townhomes were the only segment with additional inventory at year’s end. Following suit, the average and median list prices are down 3% and 8%, respectively.

Luxury Market Sales: Up 131%

The Luxury Market (homes selling for $10+ million and condo/townhome and single-family lots selling for $5+ million) reported 131% more closings in 2025. On the flip side, the number of Luxury properties under contract as of January 1, 2026, is at par with last year.

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Q2 2025

Jackson Hole Real Estate Report Snapshot

Single-Family Home Market Strong & Upward Trending

Demand for single-family homes rose by 6%, with 68 sales recorded in the first half of 2025. Both dollar volume and average price are up 10% and 4%, respectively. The average sale price reached a record-breaking $5.812 million, while median prices surged 25% year-over-year.

Luxury Segment Gains Momentum

Luxury single-family home sales (those priced $10M+) increased 38%, with 11 deals closed. Notably, five properties exceeded $15 million in sale price—and three of those topped $20 million. Active luxury listings surged 100% compared to Q2 2024.

Under-Contract Activity Accelerates, Especially Mid-Market

The number of homes under contract jumped 39%. The $2–$4 million range is now the most active segment, accounting for 50% of current contracts. There are also four homes under contract priced over $10 million.

Inventory Gains, but Low-End Supply Tight

Overall active inventory increased 10%, yet homes priced under $1 million remain nonexistent. Condo and townhome inventory grew 23%, while vacant residential lots declined 4%, pointing to tightening supply in affordable segments.

Condo/Townhome Market Rebounds

Condo and townhome sales jumped 38% year-over-year, totaling 66 sales in mid‑2025. Dollar volume rose 47%, and median sale price climbed 18%, driven by a rise in high-end sales ($3M+).

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25%

NUMBER OF SALES

The Luxury Market—condo/townhomes and vacant residential lot sales priced at $5+ million and home sales priced at $10+ million—registered 26 sales (up 86%). The hottest segment overall was between $10 and $20 million in which 11 sales closed.

$4.59M*

OVERALL AVERAGE SALE PRICE

The dollar volume was up 25% and average sale price came in at a record-breaking $4.59 million. Across the board, all segments of the market experienced an increase in sales when compared to Q2 2024. While inventory levels are still at historic lows, the lack of inventory under $2 million will continue to slow the number of sales in the second half of 2025.

258

ACTIVE LISTINGS VALLEY WIDE

Overall inventory of active listings increased 10% when compared to Q2 2024. Almost half of the increase were listings over $20 million (18). Of those 18, there were 13 homes, two 35+-acre vacant lots, two working ranches, and one old motel site ripe for development.

THE VIEHMAN GROUP

Work With Us

Working with us means more than reading the report. It means having a partner who understands the market inside and out, with decades of experience and a proven track record. Anyone can list a house. Our data and expertise give you the competitive edge.

THE VIEHMAN GROUP

155 W. Broadway
Jackson, WY 83001

DAVID VIEHMAN

Associate Broker
307.690.4004
david@jacksonholereport.com

DEVON VIEHMAN

Associate Broker
307.690.0621
devon@jacksonholereport.com

LUKE SMITH

Associate Broker
307.699.5921
luke@jacksonholereport.com

Every Sale. Every Trend. Every Insight.

The Jackson Hole Report

Why Sign Up for the Jackson Hole Report?

Why accurate, independent data matters?

25%

$5.8M

6%

$6.4M

8%

$6.7M

18%

$5.8M

Jackson Hole Real Estate Report Snapshot

Jackson Hole Real Estate Report Snapshot

25%

$4.59M*

258

Work With Us

Smart decisions start here—sign up for the Jackson Hole Report.

THE VIEHMAN GROUP

DAVID VIEHMAN

DEVON VIEHMAN

LUKE SMITH