Everyone’s been asking—how do the recent tariffs affect Jackson Hole real estate? The short answer is that whenever the stock market takes a big hit, buyers tend to pull back on making large investments. As consumer confidence drops, real estate often follows suit. Typically, a small dip in the market would push people toward real estate as a safer bet, but this recent turbulence has made things a bit more uncertain.
That said, despite these challenges, our Gillespie Team listings have been selling 89% faster than the average market listing in Q1. This success is thanks to expert staging, attention to detail, and national exposure. It’s a clear reminder that even in a turbulent market, having the right game plan can make all the difference—and with 28 years in the business, we’ve perfected that strategy.
If you’re curious about how we can help you navigate these times, feel free to reach out!
– Christy & Garth
Real Estate in the News
Mountain Town Report Out Now!
Featured | Explore the Mountain Town ReportDiscover how resort community real estate compares across the Mountain West with our Mountain Town Market Report—your key to informed buying and selling!
Until May 1 Car-Free Park Access at GTNP
Enjoy the park without vehicle traffic through May 1st. Bike or walk and enjoy the open roads.
April 13
Closing Day at JHMR
Heads up, skiers and riders—closing day is April 13th! Time to squeeze in those final turns before the lifts stop spinning. Get out there and make it count!
April 20 Closing Day at Grand Targhee
If you’re not ready to hang up the skis just yet, Grand Targhee Resort is open through April 20th! There’s still time to chase spring snow and soak up those mountain views. INFO HERE
April 18 Opening Day in Yellowstone
The North and West entrances of Yellowstone opens on April 18th. Spring adventures are just around the corner. INFO HERE
Summer 2025 King Concerts 2025
An extraordinary venue on top of Snow King Mountain – an inspiring place to see music with the backdrop of the Tetons. This summer the line-up will be everything from country to reggae. Get your tickets HERE before they sell out. Also, be sure to check out AURORA – the new restaurant on top of the gondola – now open!
SOLD
4745 Runway Road
3 Bed | 4 Bath | 3,100 sqft | List Price: $7,995,000
Discover Western Star, a charming 3,110-square-foot log-crafted home nestled on 8 serene acres in the scenic Shootin’ Iron Ranches neighborhood. This peaceful retreat captures the rugged beauty of Wyoming, offering a rare combination of privacy, natural splendor, and convenience—just 10 minutes from downtown Jackson. Imagine waking up to a herd of elk grazing in the meadow or spotting an owl resting on your back porch—experiences like these are a daily occurrence here. Inside, the home’s cozy and inviting spaces are thoughtfully designed for comfort and connection. The warm, rustic den is the perfect place to unwind after a day of outdoor adventures.
UNDER CONTRACT
1226 S Highway 89, Unit 2
1 Bed | 1.5 Bath | 1,372 sqft | List Price: $1,678,700
This exceptional work/live townhome, built in 2016, blends contemporary style with functionality. This modern unit boasts high ceilings, sleek finishes, and 1.5 bathrooms, featuring newer appliances and beautiful hardwood floors. Enjoy additional storage in the dry, lined crawl space with upgraded instant hot water, UV filter, and water softener. Located on the West side of the development, Unit 2 offers prime commercial space with highway frontage, just steps away from Whole Foods, East Village Plaza, along with direct access to the bike pathway bordering Snow King Mountain trails. The layout allows for professional use on the first floor and comfortable living on the second. Highlights include – covered porch, stunning mountain and Flat Creek views and elegant marble tile.
Today, it is more important than ever to work with the #1 brokerage in the region in real estate transactions. Our team monitors real estate daily keeping our seller and buyer clients up to date with quickly changing information. Please reach out with any real estate market questions.
https://jacksonexperts.wpengine.com/wp-content/uploads/2023/02/ChristyGarthGillespie.png00Rachel Elliotthttps://jacksonexperts.wpengine.com/wp-content/uploads/2023/02/ChristyGarthGillespie.pngRachel Elliott2025-04-10 15:07:362025-04-10 15:07:36Your Jackson Hole Market Update- April 2025
Explore the Mountain Town Market: Opportunities for Long-Term Homes and Investment Properties 🏔️🏡
If you’re considering purchasing a long-term home or an investment property, Mountain Towns like Jackson Hole present some of the most incredible opportunities available today. These locations offer not only stunning natural beauty and a unique lifestyle but also strong potential for real estate growth. Whether you’re looking for a peaceful retreat or a promising investment, the Mountain Town Market is worth exploring.
We’ve just released our Mountain Town Market Report, a comprehensive guide that provides valuable insights into the real estate trends and opportunities in the Mountain West region. This report covers notable locations in California, Colorado, Idaho, and Wyoming, including Jackson Hole, one of the top mountain towns to consider. The report offers an in-depth look at market data, helping you navigate the various factors influencing the real estate landscape.
Living the Resort Life
Living in a resort community like Jackson Hole offers a distinctive and enticing way of life. Imagine waking up to breathtaking scenic views, having endless recreational opportunities right at your doorstep, and being part of a close-knit community. Resort living provides an unparalleled experience, and the real estate market in these communities reflects that unique appeal.
The real estate market in resort towns differs significantly from most markets across the country. Factors like seasonality, location, inventory, and local demand all play important roles in shaping these markets. The Mountain Town Market Report gathers statistics from various resort towns across the Mountain West, helping you understand how these factors drive the growth of the resort luxury home market.
A Market Like No Other
Each resort community has its own set of dynamics. While the lifestyle benefits are similar — stunning landscapes, outdoor recreation, and tight-knit communities — the real estate market in each location can vary greatly. Understanding the unique aspects of each community is crucial, whether you’re buying, selling, or simply curious about the market.
The Mountain Town Market Report helps you get a clear picture of what’s happening in these areas and allows you to make more informed decisions. Whether you’re interested in purchasing a second home or looking for an investment property, this resource is invaluable in helping you understand the market trends and statistics that matter most.
Your Next Step
Compass is proud to be the leading brokerage in the country, offering unparalleled service whether you’re in your hometown or your ski town. Our team of experts is here to guide you through every step of your real estate journey, ensuring you have the insights and support you need to succeed.
If you have any questions or need further guidance, don’t hesitate to contact us. We’re here to help you make the best real estate decisions for your future.
Let us help you find your dream home or investment property in the Mountain West today! 🌄
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Simplifying Your Real Estate Journey with Compass One 🏡✨
Buying, selling, or renting a home can often feel like a daunting process — but it doesn’t have to be! Whether you’re a first-time buyer or a seasoned investor, navigating the world of real estate can be overwhelming. That’s where Compass One comes in to make your journey easier, smoother, and more enjoyable.
Introducing Compass One – the first-ever all-in-one client dashboard that keeps you connected and in control throughout every step of the real estate process. From the initial search to closing the deal (and even after), Compass One ensures seamless communication, expert guidance, and top-notch service every step of the way.
But it’s not just about the transactions. It’s about more than just buying or selling a property; it’s about building trust and providing our clients with the best possible experience. At Compass, we are dedicated to delivering a personalized and supportive approach, keeping you informed and confident as you move forward in your real estate journey.
With Compass One, you can expect:
Real-time updates: Stay in the loop on every development.
Expert advice: Access to seasoned professionals for guidance and insights.
Seamless communication: Easy-to-use tools to ensure you’re always connected.
We understand that real estate decisions are some of the most significant in life, and that’s why we’re here to support you from start to finish (and beyond).
So, whether you’re buying your dream home, selling an investment property, or searching for the perfect rental, trust Compass One to simplify your experience and provide you with the support and service you deserve.
Ready to make your real estate journey a breeze? Let’s get started with Compass One today! 🌟
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Are you thinking of moving to Jackson Hole and wondering what it’s really like to live here? In this episode of Jackson Hole Revealed, we’re going to give you the good, the bad, and the ugly of living in Jackson Hole. We’ll explore everything from national parks to housing prices so you’ll know exactly what you can expect.
Why People Love Jackson Hole
While living in Jackson Hole has challenges, we first want to share the great opportunities we have to offer. We’re going to start by giving you the top five reasons people love living here.
#1: The scenery. The very first and most obvious reason people love living here is the beautiful scenery. This isn’t just any town in the USA; the Grand Teton National Park is literally our backdrop here. Every day we get to live with wildlife such as moose, bear, eagles, and more.
#2: The adventure. Jackson Hole is not your typical mountain town. As we’ve mentioned, Grand Teton National Park and Yellowstone National Park are close by. We have 3.4 million miles of national forest surrounding us with large lakes, endless miles of hiking, and world-class skiing at Jackson Hole Mountain Resort. We also have a long network of paved bike trails that lets everybody go all over the valley. Since it’s flat, it allows for all age groups. If you are an adventure seeker, this is the place for you.
#3:A favorable tax climate. Wyoming has no income tax, no inheritance tax, no estate tax, and no corporate income tax. Wyoming is ranked the number one in favorable tax climate by Forbes and the Tax Foundation, time and time again.
#4: It’sa great place to raise a family. With very little crime and a variety of outdoor activities, kids thrive here in Jackson Hole. There are fantastic Blue Ribbon schools, both public and private, including the Wilson school where our daughter went to elementary school. No hour to hour iPad watching in Jackson; kids get outside and they have fun.
#5: Our town. Jackson is a wonderful town with over 50 restaurants from barbecue pits to fine dining. We have a fantastic world-class events center, which hosts events throughout the year. We also have a major airport with direct flights flying in and out of Jackson Hole daily. Of course, there’s the iconic town square and the Wildlife Museum that’s world-famous. Jackson is also rich in history. We have tales of outlaws and settlers—and even Butch Cassidy once hung out here.
The Cons Of Living In Jackson Hole
Now that you’ve heard a list of the pros, let’s give you the low down on some of the cons of living here—because not everything is perfect. And if you’re serious about moving here, you need to know everything.
#1: It’s expensive. Did you know that Jackson Hole is a very expensive place to live? Yes, that’s correct. Real estate is expensive and so is the cost of living. Why? There’s a lot of demand and a serious lack of supply. Jackson only has so much available private land, which is what makes Jackson so special. This, in turn, drives prices up.
Townhomes and condos are priced anywhere from $500,000 to $1.5 million. Single-family homes can range from $1 million to $4 million, and luxury homes and resort properties are priced anywhere between $3 million and as high as $20 million.
#2: We have long winters. If you can deal with the high prices in Jackson Hole, the next thing you need to get used to are the long winters. That’s right, it’s freezing cold here. Winter lasts from November through April, so you’ll need to bundle up. It’s sunny, but it is cold.
#3: Traffic. Jackson does not have daily traffic issues that a lot of people experience in cities, but we do have an extremely high volume of summer tourists. This creates quite a few traffic issues during the summer months. We also have a rush to powder skiing in the winter, which creates near bumper-to-bumper traffic on the way to the ski resort on many of our powder days. The crowded roads can get frustrating, but it is a fact of life when you live in a top 10 vacation destination.
Is Jackson Hole Right For You?
I hope this gave you a little insight into the pros and cons of living in Jackson Hole. We help people move and relocate every day, so if you have any questions or need any assistance, please feel free to reach out to us.
You can also subscribe to our channel so you never miss an episode of Jackson Hole Revealed. We make videos focused on everything Jackson Hole, giving you all the information you need to make smart real estate decisions. Stay tuned for what we feature next!
https://jacksonholeexperts.com/wp-content/uploads/2021/02/GarthandChristie-PronCons.jpeg7201280jacksonexpertshttps://jacksonexperts.wpengine.com/wp-content/uploads/2023/02/ChristyGarthGillespie.pngjacksonexperts2021-02-19 11:28:422021-04-14 11:02:56Pros And Cons of Living In Jackson Hole
So if you’re looking to find a new home in Jackson or just have some free time on your hands, watch the latest video above. If you’d like to read the blog for more info, click the link below where you can check it out and watch the video on our website.
Thanks again for your support of our business with your constant referrals—we appreciate you!
We hope you enjoy this episode and be sure to let us know what you think and if you have any questions about opportunities in Jackson Hole.
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Are you looking for the best, eco-friendly way to get around Jackson Hole? On this episode of Jackson Hole Revealed, we’re going to visit the best place to get an electric bike: Pedego Electric Bikes. We’ll chat with owner Mike Lynch to learn all about this mode of transport for cruising around the beautiful sites in our fair city.
Explore Jackson Hole On An Electric Bike
With so many bike trails in Jackson Hole, there’s no better way to explore than on an electric bike. Though they look just like a normal bike, eBikes are equipped with a battery and small motor that helps you to go the distance without tiring yourself out. They can go up to 20mph and last between 15-60 miles per each battery charge.
According to Mike, all of the bikes at Pedego are class two eBikes. This means that so have both pedal assist and a throttle, giving you the option whether you want to pedal or not. This is a great feature for strenuous stretches of a bike ride or if you just want a break to rest your legs.
Plenty Of Options At Pedego
At Pedego, you can find a wide range of bikes. For example, their cargo bikes allow you to hold children in the back—or just a load of groceries. Additionally, they have commuter bikes, cruiser bikes, fat tire mountain bikes, and full-suspension bikes. However you want to use your wheels, there’s a model for your specific needs and wants in the store.
For those who love to travel, Pedego even has a fold-up model that’s perfect to take on the go. Called the “Latch,” this folding bike is perfect for RVers or boaters looking for an easy way to pack their cargo. It folds up in about 30 seconds, with a special clip that keeps it together and makes for easy transport.
Supporting Small Businesses In Jackson Hole
When you shop at Pedego, you’ll be in good hands. Living in Jackson Hole is an amazing experience, and these electric bikes are the perfect way to explore. Supporting small businesses is something we feel passionate about, and Mike’s shop definitely deserves a visit if you live in the area. And if you’re looking to move here, you’ll know one affordable, environmentally-friendly way you can get around!
Make sure to stay tuned to our next episode of Jackson Hole Revealed to see where we head next. And of course, feel free to reach out of us if you have any questions about Pedego Electric Bikes or Jackson Hole living. We’d be happy to help!
And if you liked the content, you can subscribe to our channel here!
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Are you thinking of moving to Jackson Hole seasonally or even living in Jackson Hole permanently? We think Jackson Hole is the best place to live in the US! We are the Jackson Hole real estate experts with Jackson Hole Real Estate Associates. We help people buy and sell real estate.
When you think of Jackson Hole, you probably think of Grand Teton National Park, Yellowstone National Park. You also probably think of the great skiing we have with the Jackson Hole Mountain resort. Don’t forget, we also have endless amounts of hiking, whitewater rafting, boating, golfing, fly fishing and so many outdoor adventures. We also great restaurants, fantastic places to stay, whether you’re visiting or living in Jackson, this is an incredible place.
Having been born in Milwaukee, Wisconsin and Naples, Florida, and the both of us going to the University of Denver, this is the last place I thought we’d end up! But, this series is going to show you what it’s like to live in Jackson Hole and why we love it so much.
We are now in the backyard of one of our new listings in Bar B Bar subdivision. Can you imagine waking up to this view every day? Well, this is the backdrop we see and play in all the time in Jackson Hole. It’s a magical view that is one of the most majestic mountain ranges in all of North America. Did you know the Jackson Hole Valley’s 80 miles long, 15 miles wide, which means we have a lot of room to spread out. Also Wyoming ranks ninth in size, yet 50th in population with only five people per square mile. I think we definitely have more animals than people in Wyoming.
We are in Jackson Lake. This is one of the hidden gems, we’re going to show you during a series. There’s a little bit of everything to do here from boating to water skiing. You can even camp out on some of the islands. It’s definitely one of the best kept local secrets there is.
So now that you’ve got a little better idea about the lifestyle in Jackson Hole, let’s talk a little bit about what there is to do here. I’m standing in Teton Village, home to the Jackson Hole Mountain Resort, and the Four Seasons Hotel. This place is a hub of activity. In the summer, we have incredible mountain biking and endless amounts of hiking trails. In addition to that, when winter comes, this place turns into a winter wonderland. And Jackson Hole Mountain Resort offers the longest continuous vertical rise with over any other ski resort in the United States with over 4,000 vertical feet from the valley floor to the top of Rendezvous Mountain. We have Horvitz Galore and the [inaudible 00:02:49] well known for their expertise. Steep and deep, like you wouldn’t imagine. Also, Teton Village is home to great restaurants, incredible nightlife. So come with and see what we have to explore. But if you’re like most people and you’re considering possibly moving here or living here part time, you probably have a bunch of questions. For example, what’s it like to live here? How bad are the winters? And what are the neighborhoods like?
Well on Jackson Hole Revealed, Christy and I will be giving you all that information. And if you are really interested in moving here then we are going to give you a very good idea of what you get for your money. This is a real estate show, Jackson Hole Revealed, so we want to make sure we make it super simple for you to understand real estate values throughout our valley. We will be checking out different subdivisions, golf course, communities, river properties, ski lodges, new developments, and many more real estate opportunities. Here we are in the amazing National Elk Refuge, where over 10,000 elk and hundreds of buffalo make this their winter home. If you can believe it, we are just a few blocks from the center of town.
If you need any additional information that are not covered on our channel, please make sure you reach out to us.
https://jacksonholeexperts.com/wp-content/uploads/2021/01/Screen-Shot-2021-01-22-at-12.02.20-PM-1.png600900jacksonexpertshttps://jacksonexperts.wpengine.com/wp-content/uploads/2023/02/ChristyGarthGillespie.pngjacksonexperts2021-01-22 12:40:572021-01-22 12:44:30Why We LOVE Living in Jackson Hole Wyoming
We invite you to reach out should you have any Jackson Hole or real estate questions.
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The Jackson Hole Fall Arts Festival returns this year to celebrate its 35th anniversary. This year, this premier cultural event of the Rocky Mountain West takes place on September 4-15!
Featuring more than 50 family-friendly events (most of which are free!) and the majestic Teton Mountains in the background, it’s no wonder this spectacular event has been named a “Best fall travel destination” by Forbes!
Each year the festival features many local and national artists, who craft ranges from oil paintings, fashion, furniture, and even food.
Some events include the Western Design Exhibit + Sale, which features an array of cocktails, gourmet goodies, an Art Auction and a live runway fashion show! This exhibit, that runs from September 5-8, offers a unique meet-the-maker format that allows guests the opportunity to directly correspond with the talented artists.
Lastly, the festival concludes with the fan-favorite QuickDraw event! This event involves each artist being given 90 minutes to paint, sketch, or sculpt their work before a live auction to sell these one-of-a-kind masterpieces.
A full schedule of Jackson Hole Fall Arts Festival events can be found here or contact us to learn more about the many arts and culture events taking place in Jackson Hole throughout the year.
00jacksonexpertshttps://jacksonexperts.wpengine.com/wp-content/uploads/2023/02/ChristyGarthGillespie.pngjacksonexperts2019-08-15 10:47:182019-08-15 10:47:18Jackson Hole Fall Arts Festival Returns this Year to Celebrate its 35th Anniversary
We are pleased to present the Mid-Year Market Report for the Jackson Hole area. Derived from our proprietary, forty-year old database (not just MLS data) and our team’s decades of combined experience, Jackson Hole Real Estate Associates’ Market Report is the most trusted and accurate real estate report in the region.
Following an impressive first quarter, real estate sales throughout Jackson Hole cooled off in the second quarter, which caused the cumulative sales volume to finish the first half of the year below 2018 levels. It’s worth noting, however, that the dip owes partly to an impressive performance in 2018, rather than a lackluster second quarter this year.
The Jackson Hole real estate market started off strong in 2019, with total dollar volume up 39 percent at the end of the first quarter compared to Q1 2018. Activity then fell in the second quarter, which caused the mid-year dollar volume and number of transactions to decline 16 percent and 13 percent, respectively.
Last year, by contrast, year-over-year sales volume was down through the first quarter, but the market rallied in the second quarter to put mid-year sales up 33 percent compared to the year prior.
While the overall sales volume was down in Teton County, Jackson Hole Real Estate Associates’ sales volume grew more than 6 percent through the mid-year point. Once again, our team proudly represented the most buyers and sellers of any brokerage in the region.
Following trends over the past several quarters, overall average and median sale prices increased four percent and five percent, respectively. Inventory continued to tighten, down two percent compared to mid-year 2018, however, the average days on market increased modestly, up five percent compared to the same period a year earlier.
Most property sales in 2019 have been in the $1 million to $2 million range. Condos and townhomes stole some market share from the single-family segment, accounting for 42 percent of transactions in the first half of the year. The near sell-out of the Virginian Village condominium units (development listed by the Gillespie Team) helped drive up sales under $500,000 by 38 percent.
Jackson Hole Real Estate Associates owns and maintains the valley’s oldest and most comprehensive real estate database. No other brokerage or agent has the resources available to offer this depth of expertise or insight into market conditions. The unmatched resources and knowledge of Jackson Hole Real Estate Associates – the largest and most dynamic real estate company in the region – combined with the largest independent affiliate networks, Christie’s International Real Estate and Leading Real Estate Companies of the World, allows us to offer the ideal balance of local expertise and global reach.
To learn more about the Jackson Hole Mid-Year Market Report or for more information specific to your area, please don’t hesitate to contact us.
00jacksonexpertshttps://jacksonexperts.wpengine.com/wp-content/uploads/2023/02/ChristyGarthGillespie.pngjacksonexperts2019-07-23 16:27:102019-07-23 16:27:10INSIGHT FROM THE JACKSON HOLE MID-YEAR MARKET REPORT
