Condo / Townhomes

The condo and townhome market in Star Valley, Wyoming experienced a surge in activity, as evidenced by a 225% increase in the number of transactions. This surge can be attributed to the previous low inventory levels. It is crucial to keep in mind that any shift in this particular segment may seem dramatic due to the relatively low number of properties available. This increase in transactions also led to a in total dollar volume, which soared by 137% to reach $6M. However, despite the increased activity, the median sale price for condos and townhomes in the area experienced a decline of 20%, dropping to $485K.

Additionally, there was a notable increase in inventory, providing buyers with a wider selection to choose from. Nonetheless, the condo and townhome market in Star Valley, Wyoming continues to show signs of growth and presents potential opportunities for both buyers and sellers in the area.