Park City real estate prices are holding strong, though each neighborhood and market sector is trending differently this spring. The launch of Deer Valley’s new Ikon Pass and new real estate developments planned at all three local resorts have contributed to the excitement and sales currently taking place. Rental condominiums continue to be in high demand, and there are a few great values still to be had. Please call me for current market statistics and in-depth information, and stay tuned for second-quarter statistics next month. Read on for more…
EMPTY NESTERS
There seems to be a rising trend with empty nesters moving to the outlying areas, where they can cash out on their Park City residences and build more affordable homes with mountain and waterfront views. These people are in need of long-term rentals while they plan and build their new homes. As a result, now is a great time to purchase an existing home near the Jordanelle, Heber and Kamas Valley areas.