The market in Park City is active. The strong statewide economic forecasts coupled with increasing population growth have helped keep the market stable. Attractive interest rates, spectacular recreation opportunities and easy nationwide access are just some of the reasons for the real estate market strength along the "Wasatch Back". Our closeness to international air travel, made famous during the 2002 Winter Olympic Games, continues to make Park City and the surrounding area the premier ski venue in the Western United States. The airlines currently provide a 1/2 day lift ticket from any location in the Continental US with their flights into Salt Lake City.
When real estate prices are compared with ski resorts throughout the Western United States, the Park City market continues to be the best value for your money. Couple that with "the greatest snow on earth" and Park City can't be beat.
Nothing drives housing like a stable economy and job growth. Salt Lake City has both. The Utah economy is growing at a rate of almost 5.0%, over four times the national average. Job growth is up about 2%, unemployment is low, the housing costs-to-income ratio is moderate and Utah builders give buyers a lot of house for the money. Utah takes the top spot in the nation for housing price appreciation(#1 as of 3/8/08 at 9.27%). Money magazine ranked it 20th on its list of 100 markets for growth over the next two years.
ZIP Codes: 84060, 84068, 84098, 84036, 84055 Approximate Location Boundaries: Summit & Wasatch Counties
Location Characteristics: Living in a world class ski resorts allows you to enjoy recreational activities of a once-in-a-lifetime vacation. The "Wasatch Back" as Summit and Wasatch Counties are known, provides a visitor with numerous outdoor amenities; skiing(snow and water), golfing, hiking, biking, snowmobiling, fishing, swimming, sailing, skating(year 'round), tennis and much, much more.
The climate is ideal for all winter activities while during the summer months the temperature hovers in the eighties. The clear mountain air, spectacular scenery and friendly "natives" insure you a wonderful experience whether your here for a day or you stay for a lifetime.
