Condo / Townhomes

The condo and townhome market in Jackson Hole saw a significant decline in activity in the first half of 2023. There were a total of 46 transactions, representing a 23% decrease compared to 2022. The total dollar volume for these transactions amounted to $104.9 million, reflecting a 26% decrease. However, the median sale price for condos and townhomes in Jackson Hole showed a positive trend, increasing by 7% to reach $1.7 million. Despite this increase in median price, the market saw an increase in the number of active listings, rising by 37%.

Additionally, there was an evident increase in the average number of days these properties spent on the market, which saw a significant 37% increase. These statistics suggest a market with more inventory and increased days on the market, potentially providing opportunities for buyers to find a condo or townhome in Jackson Hole at a relatively stable median price.