Resort Real Estate is and always will be different from typical residential markets. Resorts buyers are not driven by having to purchase as a result of a job move, but rather a desire to own a vacation home to enjoy. As families grow and children depart on their own, families often look for a gathering spot and their favorite resort is a logical choice. Vacation Real Estate is strictly a discretionary purchase, thus the buyer generally is in no hurry. The property has to meet their family needs and price range.

 

In the resort town of Park City, UT we are unusual in that we have more developable land than most ski resort towns that are built around National Forest land. As a result, Park City is able to offer a wide range of homes and condos for buyers to choose from. We offer ski in/ski out homes and condos, (the beach equivalent of ocean front) starting from $1.3 mil and up, to golf course homes from $700,000 to residential communities with homes starting in the $300,000's. Condos near one of our 3 ski resorts start in the low $100,000's for a 1 bd and in the mid $200,000's for a 2 bd.

 

While the resort market was affected by the economic downturn, we appear to be recovering quicker than many areas of the country. People want to own a vacation get away and prices have come down to a point where they are once again attractive.