Your Jackson Hole Market Update- April 2025

 

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!

View the full report here.

The Rise of the Unplugged Home

High-end homebuyers are ditching smart homes for “dumb” ones, favoring manual switches, natural cooling, and tech-free living over glitchy automation.

Article courtesy of Hollywood Reporter

The Exclusive Inventory Power Play: How Compass is Changing the Game

With 35% of Compass listings off-market, we connect buyers and sellers before homes hit the market. Reach out to explore exclusive opportunities!

Read the list of why it works

Local Happenings

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.

QUICK LINKS

CHRISTY GILLESPIE

Associate Broker
Cell (307) 413-5242
christy@jhexperts.com.com

GARTH GILLESPIE

Sales Associate
Cell (307) 413-5243
garth@jhexperts.com

STAY CONNECTED

Christy & Garth Gillespie is a team of real estate agents affiliated with Compass Real Estate, a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

© Copyright 2018-2025 Christy & Garth Gillespie. All rights reserved.