Park City Utah ranks, consistently, as one of the country’s wealthiest areas. People from all across the US continue to relocate to Park City, calling this resort town home. According to natives, when you buy a home in Park City, you’re purchasing a small piece of paradise.
Imagine a Colorado ski town located right in the heart of Utah. That’s Park City, settled right in the heart of the state’s 12,000-foot Wasatch Range. Yet, unlike most ski towns, you can drive to Salt Lake City International Airport in just 30-40 minutes. There are no other ski towns in the US so closely located to an international airport. And, this airport has multiple non-stop flights daily, from all around the country.
The Ski Resort Town Known as Park City
Just about every outdoor recreational activity known to man if offered her. Yet, skiing is the most popular of them all. There are three world-class ski resorts in Park City:
- The Canyons Resort
- Deer Valley Resort
- Park City Mountain Resort
Residents of Park City enjoy having access to some of the best ski terrain in the country. They insist that their city has the most incredible snow on the planet.
Spring in Park City Utah
When the winter begins transitioning into spring, the choices of local mountain activities are just as amazing as winter skiing. Within the surrounding hills you’ll find over 150 miles of trails open to the public. They’re perfect for walking, biking, jogging, running and hiking. The rugged mountains and gorgeous valleys provide the perfect backdrop for such outdoor spring activities as:
- Adrenaline pumping mountain biking
- Leisure runs, walks, jogs and hikes
- Exhilarating water skiing
- Exciting, breathtaking horseback riding
- Relaxing sailing and fly-fishing
- World-class golfing (public and private)
Financial Diversity and the Job Market
Park City has done an amazing job of enticing the wealthy without turning the middle class off. Locals have access to high paying real estate and finance jobs in nearby Sale Lake City. The town’s outdoor industry is small, yet extremely vibrant. Such companies, and local employers, as Ramp Skis, Rossignol and Backcountry.com have headquarters here in Park City.
Yet, 60% of the jobs which pay living wages are within the tourism industry. The medical care industries is very close behind. Physical therapy is one of those booming industries. As physical therapist Stacy McCooey notes: “Everybody here either is or pretends to be a pro athlete.” This means job stability for her sector of the industry.
Buying a Home in Park City Utah
Home sales prices in Park City are consistently lower than other Western Mountain Resort Alliance ski resort towns. Between the close proximity of the local international airport and lower-priced homes, this is a great city to own a home. Both primary residence homeowners and second home buyers benefit from the resort-living lifestyle. This is mostly due to the fact that Park City, although a ski resort town, still provides its residents with the luxuries of big city living.
The following are current home sales statistics for Park City, Utah and the US, according to Realtor.com:
- Park City Average Home Price: $1,715,908
- Utah State Average Home Price: $387,751
- Average Home Price in the US: $192,920
- Park City Average Price Per Square Foot: $496
- Utah State Average Price Per Square Foot: $137
- Average Price Per Square Foot is the US: $108
Buying a home in Park City means investing in real estate that will bring value to your life. As a resident, you have non-stop access to world-class skiing and golf, fresh, clean air, and great job opportunities. Plus, the local diversity in Park City is unmatched when it comes to ski towns in the US.