Q3 Jackson Hole Real Estate Report - Record Sales and Robust Luxury Demand

hile the last three years saw a decline in sales compared to the COVID-era boom, 2025 appears to have turned the corner. Sales are up across all property categories, with many transactions setting new all-time sale price records for the third quarter. Even with increased inventory, Jackson Hole continues to buck the national trend, demonstrating resilience in a market where many other regions are slowing.

Interest rates do not appear to be a limiting factor because 69% of all transactions were closed with cash. This raises an interesting question: Is Jackson Hole becoming a refuge from the turbulence affecting other parts of the country, or is the strength of the stock market allowing more Buyers to retire early and invest in second homes?

The segment showing the greatest growth in both sales and listings is the Luxury market which includes single-family homes over $10 million and condo/townhomes and vacant lots over $5 million. These high-end properties are driving much of the overall market momentum and contributing significantly to dollar volume growth.

Whatever the reason, the message is clear: If you’ve been considering owning property in Jackson Hole, now is the time to act. Strong demand, record prices, and limited inventory in key segments mean that well-priced properties are selling quickly, making it a prime market for both Buyers and Sellers.

The Jackson Hole Report is the oldest, most accurate, and comprehensive real estate market report in Teton County, WY. Our statistics are derived from a privately maintained database that tracks every single sale—not just those reported through Multiple Listing Service (MLS). Notably, in 2025, only 63% of sale prices valley-wide were reported to MLS, highlighting the value of our complete, data-driven reporting.