We are excited to announce the release of the 2022 Resort Report, a lifestyle and real estate data guide that compares ski and mountain communities throughout the Mountain West. Presented by Summit Sotheby’s International Realty in collaboration with LIV Sotheby’s International Realty and leading partner affiliates throughout the Mountain West, the 2022 Resort Report explores data from locations ranging from Vail to Aspen, Park City to Lake Tahoe, Whitefish to Jackson Hole and beyond.
Real estate markets made consistent headlines throughout 2021, due to a growing demand paired with low standing property inventory. The results are clear the word is out on the incomparable lifestyle that the Mountain West provides and Buyers from major metro markets are seeking properties that offer adventure, access to outdoor activities and a sense of community.
Check out the stats below showing an incredible $27.5 Billion total volume sold in 2021 in the Mountain West. The average sold price in the Mountain West in 2021 was $1.8 Million – a 15.53% increase from 2020. In Park City, the Total Dollar Volume Sold was $4.7 Billion, an increase of 16.3% from 2020. The average sold price in 2021 in Park City was $2 Million – a 39.3% increase from 2020.
To learn more about Park City real estate, receive our suite of market report guides including the 2022 Luxury Outlook, Utah Annual Report, or Quarterly Report please connect with us today!