Jackson, WY Townhomes for Sale
Browse listings and recent housing market trends.
Browse listings and recent housing market trends.
In June 2024, the housing market in Jackson experienced a significant downturn, with home prices dropping by 21.8% year-over-year, resulting in a median sale price of $1.9 million. This sharp decline reflects broader market adjustments and possibly changing demand dynamics in the area.
Despite the lower prices, homes in Jackson moved off the market much faster this year, with an average of 37 days compared to 136 days in June 2023. This suggests that although fewer homes are being sold, those that are listed are attracting buyers more quickly, possibly due to the more competitive pricing.
The total number of homes sold also saw a considerable decrease, with only 7 transactions completed in June 2024, compared to 16 during the same month last year. This reduction in sales volume may indicate a tightening market, with potential buyers either hesitant to purchase or waiting for further price adjustments.
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