Luxury real estate sales closed the year with exceptional momentum, posting a 131% increase, or 81 total sales, compared to 2024, while active luxury listings rose a more measured 25%. Leading this surge was the luxury condominium segment, where sales skyrocketed 375%, signaling strong demand for turnkey, amenity-rich properties.
A significant portion of condominium activity was driven by the debut of the Hoback Club residences in Teton Village. In 2025, 22 of the project’s 25 units sold, with residences ranging from approximately 900 to 6,500 square feet. Positioned between the Tram and Gondola, Hoback Club sets a new benchmark for mountain living in Jackson Hole by blending six-star hospitality, Michelin-level dining, and world-class wellness in a private alpine setting. Pricing has not been publicly disclosed.
Momentum extended beyond condominiums. Luxury vacant land sales increased 267%, while luxury single-family home sales rose 85%. Although average luxury home sale prices remained stable year over year, both luxury condominium and luxury lot average sale prices climbed 25% compared to 2024.