As demand for real estate in Jackson Hole continued to skyrocket amid the pandemic-prompted urban exodus, Teton County saw its 2020 sales volume eclipse total 2019 volume in the third quarter. Not only that, but with $600 million in listings under contract, the valley could nearly double its real estate sales volume this year to around $1.8 billion.
The desire for secluded property near Jackson Hole’s national parks, national forest, trout-rich rivers and world-class resorts has been amplified since the coronavirus outbreak, creating an unprecedented market dynamic. With inventory already near historic lows prior to the pandemic, an even sparser selection of homes has driven the average home sales price up to about $1.8 million so far this year.
If you’re on the market and would like to be among the first to know when new listings do come available, or if you’re looking to sell a Jackson Hole property in this favorable market, please do not hesitate to contact us at jhpropertygroup@jhsir.com or 307-739-8190.
