2025 Q1 Market Report - Teton Valley
Strong First Quarter in Teton Valley
The Teton Valley real estate market posted a confident start to 2025, with 15% more transactions and a 44% increase in dollar volume compared to Q1 2024. Total sales reached $102.7M, signaling renewed market activity across the region.
Luxury Leads the Market
Sales in the upper end of the market played a key role in Q1’s performance. Homes listed above $1M saw a 50% increase in transactions year-over-year, with dollar volume more than doubling to over $50M. This segment continues to draw strong interest from buyers seeking space, views, and long-term value.
Condos and Entry-Level Inventory Surge
Condos and townhomes saw a 200% jump in activity, with 30 closings in the first quarter alone. Single-family homes also outpaced last year’s numbers, with 38 sales totaling $63.9M in volume—a 69.6% increase over Q1 2024.
Inventory on the Rise
As of early April, 304 properties were listed across Victor, Driggs, Tetonia, and Alta—up from 224 the year prior. The increase may help bring balance to the market as buyer demand builds heading into the summer.
Looking Ahead
With activity rebounding across nearly every segment and inventory on the rise, the Teton Valley market appears well-positioned for a strong summer season. Whether buying, selling, or exploring opportunities in both Idaho and Alta, WY, staying ahead of market trends is key.
