Wednesday, May 18, 2016

April Was A Big Month for Utah Ski Resort Property Sales

Click here for the latest Utah Ski Country Real Estate Comparative Statistics for the past six months, including Number of Units Sold, Median Sales Price, % of Original Listing Price, Median Price Per Square Foot, and Median Days on the Market. This data is organized by ski resort area.

Search for Utah Mountain and Ski Resort Real Estate. 

THE NEWS April was a big month for the Utah Ski Resort Real Estate Market.  With a number of areas setting six month highs in units sold, median sales price, price per sq. ft., and fewest days on the market, the upcoming summer sales season could be a hot one.

In addition, Utah's terrific ski season and snowfall (at least in comparison to the last few meager years) have the lakes and rivers full, the valleys a lush green, and promise a delightful summer for those shopping for property.  As of this writing, Snowbird is still open Thursday through Friday, through the end of May.

Little Cottonwood Canyon, home to Snowbird and Alta, and the Salt Lake City bench areas around the Canyon, saw a six-month high in April in terms of units sold at thirty-one, and a low for median days-on-the-market at eight.  Property sold in the Park City/Deer Valley area reached a six-month high of $502.00 per sq. ft., which is also very close to the all-time high.  There were forty-nine units sold at the Canyons, a six-month high, and the median days-on-the-market dropped to 25.  Big Cottonwood Canyon, where Brighton and Solitude host skiers and riders, saw a six-month high of $369,000 for median-sales-price.

Moving north into the Ogden Valley, home to Snowbasin, Powder Mountain and Nordic Valley, there were also benchmarks in property sales.  The Valley and surrounding bench areas consistently offer some of the best values in Utah ski country.  The median sales price of property sold in April in the Ogden Valley reached a high of $383,000, and did the median price per sq. ft. of $130.00.

The Ogden Bench area and Mountain Green, only minutes from Snowbasin and the Ogden Valley, reached six-month highs in units sold at eighty-six, median sales price of $187,000, price per sq. ft. at $88.00, and a low for days-on-the-market at 19.

Contrast the $502.00 per sq. ft. in the Park City/Deer Valley area with $130.00 in the Ogden Valley area and $88.00 on the Ogden Bench and it's obvious there is a price point that will fit the pocketbooks of many shopping for property at, or close to, the world-class skiing all of these resorts offer.

The comparative statistics mentioned above, and more, can be perused by clicking here.  These real estate sales statistics are updated monthly

Stay tuned, it should be a great summer sales season for real estate in Utah ski country.






No comments:

Post a Comment