Last year was a great year for 10 western ski resort town real estate markets examined in the exclusive Summit Sotheby’s International Realty Resort Report. The number of sales was relatively flat, but the average sale price increased significantly in each market.
Towns included in the report:
- Park City, UT
- Crested Butte, CO
- Vail, CO
- Breckenridge, CO
- Aspen, CO
- Telluride, CO
- Lake Tahoe, CA
- Jackson Hole, WY
- Big Sky, MT
- Sun Valley, ID
Real Estate in Park City, Utah continues to provide excellent value to investors relative to other western ski towns. Our average sale price is much less than Jackson, Vail, Aspen and Lake Tahoe and we had the second highest sales volume, after Aspen. No other ski resort on this list is as close to an international airport as Park City. With our moderate altitude and weather, famous powder, lifestyle and ease of access, Park City is not going to remain a secret forever.
As always, please contact me with real estate questions and needs. If you’re interested in one of the other resort towns mentioned, I’m happy to connect you with a reputable agent in the area.