Market Stats

Number of Transactions

Total Dollar Volume

Minimum Price Sold

Maximum Price Sold

Average Sale Price

Median Sale Price

Average Days on Market

Pending Transactions

Inventory

247 4 73

Median Sale Price

Q2 2015 - Q2 2023

The luxury real estate market in Jackson Hole has demonstrated notable shifts in the first half of 2023. The total dollar volume for luxury properties priced at $5 million and above amounted to $355.5 million, showing a healthy 19% increase compared to 2022. Despite this positive growth in dollar volume, the number of transactions decreased by 19%. However, the median sale price for luxury properties experienced a significant 17% increase, reaching $7.5 million.

This suggests a market that values high-end properties and is willing to pay a premium for luxury living in Jackson Hole. There has been an increase in the number of days on the market, indicating a potentially longer time frame for sales to occur. The market also witnessed a 10% increase in active listings, with a total of 56 luxury properties available for sale. These statistics suggest a vibrant luxury real estate market in Jackson Hole, with increased dollar volume, higher median sale prices, and a growing inventory of high-end properties.