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JACKSON HOLE REAL ESTATE REPORT

2024 Third Quarter

Is Building a Home in JH Just a Dream for Most?

In our 2023 year-end Jackson Hole Report we explored balancing Preservation and Growth in Jackson Hole. The report delved into the valley’s developable land history, the scarcity thereof and why, our current housing inventory, and Collaboration for Expansion. The report also broke out the remaining vacant residential land inventory and where it’s located in the valley.

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  • This third-quarter report is not posted on the Jackson Hole Report website. Instead, it is provided exclusively via email, as a service to all our valued customers and clients here at Engel & Volkers Jackson Hole. The data is collected and analyzed quarterly to help you keep up with trends in our market.
  • While other local Real Estate Brokers attempt to report on the local real estate market, we are the only ones to track every single transaction. Therefore, if you want the most accurate information to help guide you through your next real estate transaction, please call David, Devon and Luke today. “We are the Experts”.
  • All statistics are supplied by sources that have been deemed reliable but are not guaranteed.
  • All statistics quoted in this newsletter are based on sales in 2024 compared to sales in 2023.
  • Median sale price is the cost of a property that has an equal number of sales above and below it on the price scale.
  • Average sale price is the total combined dollar volume divided by the number of sales.
  • In this report, “overall” refers to all sales in Teton County combined (homes, lots, condos, commercial, and ranch), not including Alta, WY.
  • The term “Market Value” means the value of property in terms of what it can be sold for on the open market; current value.

© Copyright 1995 – 2024 by David E. Viehman and Devon Viehman. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without explicitly written permission from David E. Viehman.

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

© Copyright Jackson Hole Report 1995 - 2025 & Jackson Hole Luxury Report 2013 - 2025
© Copyright Engel & Völkers 2025. All rights reserved. Each brokerage independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.