Realtor.com recently ranked Salt Lake City No. 6 in the nation for “The Best Cities to Buy a Home Right Now.” Forbes reported on the study and stated there were a number of factors that played a part in determining how each city was evaluated and ranked.
Park City, Utah, just 35 minutes up Parleys canyon is a nearby alternative to living in Salt Lake City. For those who are looking for cleaner air, and an outdoor enthusiast lifestyle, Park City & Deer Valley offer a resort living situation, nearby a metropolitan city with an international airport.
The report praised SLC for its improved inventory levels, median list prices and low unemployment. Invebntoruy is down by nearky a thiord from last year, and the median list price is up by 5%. Salt lake City's unemployment is quite low at only 5.9 percent. The reports also looked at the "peak-to-trough" pricing to establisha sense that the market has reached its bottom.
Numbers in Salt lake City and Park City have followed a similar
pattern, but there are some subtle differences for sure. While a
realtor in Salt Lake City can access some of the data points for
the Park City market, it is very important to use a LOCAL Park City
Realtor if interested in real estate in Park City. Salt Lake City
operates its Wasatch Front MLS (WFR) that does include some data
from the Park City area. Park City has its own MLS (PCMLS). This is
the foremost tool for gathering and deciphering the market data for
the Park City real estate market, and only an experienced, local
Park City realtors can share with you what really is going on in
the markets many niche markets and neighborhoods.
Park City is too small of a city for this list, but you can be sure, there is no better place in Utah to raise a family. With so many options of activities for the entire family to take part in, why live anywhere else?