Market Reports

Welcome to my Q1 2024 Jackson Hole Market Report! My local team has pulled and analyzed the following data, providing insight not only on the past year but historical data that helps identify local trends in the market. For a deeper insight into these numbers, my local team here at Keller Williams Jackson Hole is always available to discuss.

As the year begins in Jackson Hole’s real estate market, there are no surprises. The stunning scenery, abundant wildlife, and vast open spaces continue to attract buyers eager to establish roots in the area. Meanwhile, potential sellers grapple with the prospect of losing their advantageous low interest rates and finding suitable replacement properties.

Despite a 20% increase in overall inventory compared to the previous year, the number of properties for sale remains exceptionally low. This persistent low-inventory environment, coupled with strong demand, has kept real estate prices resilient. The overall average sale price rose by approximately 33% compared to the first quarter of 2023, partially driven by several properties fetching prices exceeding $20 million. However, the median sale price did decline by about 13%.

Conflicting motivations among buyers and sellers, combined with the ongoing scarcity of inventory, have resulted in transaction volume staying at historically low levels, down 5% from the previous year. With no significant influx of new inventory expected soon and interest rates showing no notable changes, the remainder of 2024 is anticipated to mirror the trends observed over the past two years: subdued transaction levels, limited inventory, and steadfast pricing. Read more to get the latest on trends in the Jackson Hole Market, or reach out to get the latest insights.

JACKSON HOLE REAL ESTATE MARKET REPORT Q3 2024

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“Diana's hard work was the key in our buying a place in Jackson Wy. We stopped in her office on a whim over a visit and she engaged with us within minutes . She took the time to get to know us and our vision and what we were interested in . She engaged with us weekly and kept an eye on the properties and the market and was foot to the ground looking for what we wanted for our family. I cannot recommend Diana enough ..She treated us like family and looked out for our interests . THANK YOU DIANA and see you soon to celebrate our new HOME ! ”

M. & T. Tremblay

“Diana is a breathe of fresh air! She is much more than a real estate agent....she is the whole package for anyone looking for a flawless transaction. Her local network, knowledge, attention to luxury details & trends, informative neighborhood pro's & con's all allowed her to understand our wants, needs and must-haves as specific individuals, as well as a couple & family. I especially appreciate how focused she was from the very first discussion which had her finding us not only our new home, but our forever home incredibly quickly. Again, I cannot emphasize how flawless the negotiations, communication and transactions all were. Thank you Diana for bringing confidence, grace, elegance and informative expertise to our experience. If I could have her represent me as a buyer or seller for other properties around the world, we absolutely would in a heartbeat! ”

N. Shantz

“Diana was very personable and very professional in dealing with our listing that had multiple owners and she kept us informed frequently on the status of our transaction, solved issues on a timely basis, went above and beyond our expectations. We would highly recommend her.”

Christopher P.

“Diana helped us buy a house in Teton Village. She knows the market, the unique issues around renting the property out. She was willing to do research on town and county ordinances when we asked. She is the hardest working and most responsive realtor I have ever dealt with. I recommend her without reservation.”

Tim M.

“I first got in touch with Diana through instagram - she tours properties on there and so out of curiosity I reached out. She was friendly and not at all sharky so I felt like I could trust her, which ended up working out extremely well for me. When I saw a property that was in reach (shocking - I thought there was no way I could buy in Jackson anytime soon) I reached out to Diana and she immediately guided me through the entire process with excellence. Easy to reach, I was in constant contact through the initial offer, contract, inspections, appraisal, everything. This was my first time buying a home so I had a million questions, while at the same time we had a short window to close in an extremely competitive market. I'm grateful because I felt like she was in my corner while keeping my expectations realistic. In the end, I got a dream result - a home in Jackson. it is still surreal for someone like me who never thought this would happen anytime soon. Thank you Diana!!!”

Jon B.

“Our experience with Diana on a recent home purchase was wonderful. She acted as a true buyer's agent on our behalf. Her knowledge of the Jackson area market was exceptional. We felt assured throughout the process that she was working energetically and honestly in our best interest. Without a doubt she is absolutely the best real estate agent we have ever had the pleasure of working with.”

Silviu M.

“I worked with Diana to purchase my home and really can't say enough good things about her. During the entire process, Diana was on top of everything, a step ahead of everyone, and always available for my questions and concerns. She is knowledgeable, approachable, personable, endlessly patient, and incredibly generous with her time (including mornings, evenings, and weekends over the course of several months). She answered to every question and explained every form and every part of the process clearly and thoroughly. Buying a home in this market is challenging, but working with Diana made it as painless and straightforward as possible. Diana is an exceptional realtor and a great person! I highly recommend her!”

Ana L.

“As first time home buyers, my husband and I were extremely grateful to have Diana as our realtor. Even though we've been locals for a while and know the Jackson Hole area well, we still needed help in such a competitive market and we are grateful to our friends for recommending Diana to us. Her knowledge about the local market is masterful, and she was very helpful with advice and communication in the buying process. We always felt that she had time for us no matter what we asked, she was always patient in her response. She truly cares about her clients. I would definitely work with Diana again and would not hesitate to recommend her to others.”

Diana P.

“Don't even know where to begin, I have too many good things to say! Diana is very knowledgeable real estate agent, we used her services for two home purchases. Diana went above and beyond to help us to fit the perfect house for our family and we had a stress-free closing. She did a wonderful job in terms of communication, good advice in what neighborhood our family would like more, such a pleasure working with her also extremely responsive with our phone calls. I would love to hire her again and again, Fantastic realtor!!!”

Amanda C.

“Diana is a wonderful realtor! She was helpful through the entire purchasing and closing process always going above and beyond as well as just being a nice person to work with. We would be happy to work with her again!”