Jackson Hole and LIV Sotheby’s International Realty have released their 2023 Resort Report, and once again, a few real estate figures from Jackson Hole jump off the pages. Of the 17 Mountain West resort communities analyzed, Jackson Hole trailed only Aspen, CO in average sales price, coming in at more than $3.5 million.
The real estate market in the Tetons has generally followed trends across all resort communities, with sales prices continuing to tick upward – by 13.9% on average but slightly less in Jackson Hole at 8.7% – while sales volume decreases as the buying frenzy prompted by the pandemic cools down.
With the added allure of two national parks creating an even higher ceiling, the cooling in Jackson Hole has been particularly pronounced, with the largest year-over-year decrease in sales volume in the report. However, the fact that 97% of Teton County is comprised of public land limits the available real estate inventory and makes apples-to-apples comparisons with other markets difficult.
You can browse figures from each of the 17 markets and read the full Resort Report below.
Average Sales Price
Aspen, CO ($7,019,502)
Jackson Hole, WY ($3,525,271)
Telluride, CO ($3,468,272)
Snowmass Village, CO (3,275,729)
Big Sky, MT ($2,421,273)
Vail & Beaver Creek, CO ($2,138,389)
Park City, UT ($1,926,902)
North Lake Tahoe, CA & NV ($1,733,571)
Sun Valley, ID ($1,380,770)
Breckenridge, CO ($1,290,984)
Whitefish, MT ($1,245,451)
Steamboat Springs, CO (1,140,000)
South Lake Tahoe, CA & NV ($1,005,878)
Crested Butte, CO ($921,269)
Winter Park, CO ($909,549)
Santa Fe, NM ($708,736)
Sandpoint, ID ($674,409)
Average Sale Price % Change
Snowmass Village, CO (+39.0%)
Steamboat Springs, CO (+35.7%)
Big Sky, MT (+28.7%)
Telluride, CO (+22.4%)
Winter Park, CO (+20.7%)
Whitefish, MT (+17.2%)
Breckenridge, CO (+13.6%)
Santa Fe, NM (+12.2%)
Vail & Beaver Creek, CO (+9.9%)
Park City, UT (+9.9%)
Jackson Hole, WY (+8.7%)
Sun Valley, ID (+7.0%)
South Lake Tahoe, CA & NV (+5.2%)
Crested Butte, CO (+4.1%)
North Lake Tahoe, CA & NV (+3.4%)
Aspen, CO (+2.0%)
Sandpoint, ID (-2.4%)
Total Sales Volume
Park City, UT ($3,769,505,221)
North Lake Tahoe, CA & NV ($2,451,269,834)
Vail & Beaver Creek, CO (2,431,348,858)
Aspen, CO ($2,337,494,085)
Santa Fe, NM ($1,939,811,475)
Breckenridge, CO ($1,757,029,483)
Steamboat Springs, CO ($842,809,884)
Jackson Hole, WY ($817,862,791)
Telluride, CO ($759,551,536)
Winter Park, CO ($740,373,681)
South Lake Tahoe, CA & NV ($739,319,978)
Sun Valley, ID ($671,054,159)
Big Sky, MT ($484,254,524)
Snowmass Village, CO ($481,532,134)
Whitefish, MT ($478,253,188)
Crested Butte, CO ($403,515,968)
Sandpoint, ID ($197,928,571)
Total Sales Volume % Change
Jackson Hole, WY (-45.1%)
Snowmass Village, CO (-35.7%)
Crested Butte, CO (-32.3%)
Sun Valley, ID (-30.6%)
Sandpoint, ID (-30.3%)
North Lake Tahoe, CA & NV (-29.7%)
Breckenridge, CO (-27.7%)
South Lake Tahoe, CA & NV (-25.9%)
Whitefish, MT (-24.6%)
Telluride, CO (-23.8%)
Big Sky, MT (-23.6%)
Vail & Beaver Creek, CO (-23.3%)
Park City, UT (-21.3%)
Aspen, CO (-14.3%)
Santa Fe, NM (-13.6%)
Steamboat Springs, CO (-12.9%)
Winter Park, CO (0.3%)
