As we step into 2025, it's helpful to reflect on 2024 and what we can learn from the real estate market. We've gathered key insights for both buyers and sellers in this beautiful valley. For this report, we've separated data for Victor, Driggs, and Tetonia, ID from Alta, WY, since these areas, while close, behave very differently in the real estate market.

Key Takeaways:

• Nationally, real estate sales volume hit its lowest point in 35 years.

• In Teton Valley, total sales dropped by just 9% compared to 2023.

• Market Trends: Median home prices are still declining, and homes are taking longer to sell. Sellers are facing more pressure to negotiate—making it a great time to buy!