After two years of unprecedented growth, it might be time to rethink Teton Valley’s “Quiet Side of the Teton” moniker.

By most accounts, a mediocre ski season did little to slow the pace of the Jackson Hole real estate market for the first three months of 2022. A lack of inventory, however, resulted in 56.9% decrease in transactions and a 48.4% drop in overall dollar volume compared to the same period in 2021.