What We’ve Learned from 30 Years of Listing History
Teton Jackson Hole is truly one of a kind in America, especially when it comes to real estate. While other resort communities across the country experience seasonal ups and downs in active listings similar to ours, Jackson stands apart because of the extreme shortage of developable land. Less than 3% of the valley is privately owned.
If you’ve ever wondered why buying or selling here feels so different, it’s because it is. Let’s take a closer look at the numbers, the trends, and why working with true market experts is more important than ever.
A Look Back: When Jackson Hole Peaked
As shown in the chart below, Jackson Hole reached its peak number of active listings back in 1996. That was also the year active, vacant residential lot listings hit their high. Between 1995 and 1998, several new subdivisions were created, adding 464 vacant lots to the market. These included Bar B Bar with 91 lots, Melody Ranch with 235, Wilson Meadow with 51, Stilson Ranch