PARK CITY REAL ESTATE MARKET FUNDAMENTAL FACTS

The global economy may dip and soar, but life in Park City remains pretty stable. While we can’t claim total immunity from external economic pressures, this localized real estate market is a safe harbor to weather the storm. Why? The fundamental attractions of Park City—world class recreation, a comfortable year-round climate, convenient access and a strong sense of community—are unwavering. Together, these fundamentals will continue to create growth and stability in our market, long into the future.

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Convenient Access

Not only is it a snap to get around in Park City with our free, kid-friendly bus system, but getting here in the first place is also incredibly…

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PARK CITY REAL ESTATE MARKET FUNDAMENTAL FACTS - Part 2

Continued from Part 1.

A Multi-Faceted Market

The Park City community actually comprises two markets in one. Of course, the area’s myriad resort and recreation offerings make Park City an ideal second home market. From historic district condominiums to slopeside estates, much of Park City’s real estate is owned by second home residents. However, to a much larger degree than many other resort communities, Park City also has a strong and steady primary home market. This year-round community is populated with a devoted and diverse group of local residents who give the town its colorful and unique character. These local residents comprise an entirely separate real estate market of primary,…

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