JACKSON HOLE REAL ESTATE REPORT
2022 First Quarter
Number of Overall Sales Drops 57%
When compared to Q1 2021, the number of sales dropped 57% in Q1 2022. This does not necessarily reflect the health of our current real estate market though. In fact, the real estate market is as strong as ever. While Q1 2021 was the pinnacle in number of sales per quarter (224) during the height of the COVID crisis, it also reflected the highest number of sales in Q1 history.
In comparison, Q1 2022 had 97 sales, which falls into the normal range of the last 12 years, or since the Great Recession.