Real estate markets at all Utah Ski Resorts continue to strongly favor sellers, with median sales price and price per sq. ft. at record or near-record highs, while inventory remains low.  Through October, the market has been on a significant upward trend for well over a year, and while there is some variation from resort to resort, no area has been left out.

The Ogden Valley, home to Snowbasin, Powder Mountain, and Nordic Valley, has seen some of the most dramatic escalation in prices.  The recent, long-anticipated announcement by Snowbasin of a major on-mountain expansion, including a hotel, shops, and, at some point, residences – could well add another stimulus for the real estate market in the Valley.

The political situation, Covid, inflation, and action by the Fed, could all have a chilling affect on the resort property market.  But there has been essentially no slow down over the past eighteen months, and all of those factors have constantly made headlines.

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.

The real estate market across Utah’s ski country continued on a torrid pace through July, with median sale prices and median price per sq. ft. dramatically up over the past eighteen months…and at many resorts, continuing to rise. 

But there are significant price variations, depending on the resort and location.  On the high end is the Park City/Deer Valley market, where the median sales price in July was $1,425,000 and the median price per sq. ft. was $712.00.  At the opposite end of the price spectrum, Beaver Mountain’s median sales price was $508,000 and price per sq. ft. was $200.00.

The real estate market in the Ogden Valley, home to Snowbasin, Powder Mountain, and Nordic Valley, has had the most dramatic gains over the past year-plus, but still remains a bargain compared to the Park City/Deer Valley area. Median sales price in July was $733,000, and the price per sq. ft. was $298.00.  That’s half of the numbers in the Park City/Deer Valley area.

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.

 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.

THE NEWS  

After setting a record in August of $209.00 per sq. ft., there was another big jump in September to $236.00 per sq. ft. for real estate sold in the Ogden Valley.  The red-hot market continues, with inventory in many property categories scarce.

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.

THE NEWS  

Real estate sales in August in the Ogden Valley reached a median price per sq. ft. of $209.00.  This is the first time a monthly average has moved above $200 per sq. ft. in the Valley, and reflects the continuation of the strong seller’s market.  The median price includes the sale of single family homes, condos, town houses, and land.

Click on the Comparative Stats page above to follow trends and compare property statistics at all of Utah’s resorts. .

Now available – statistics on single family homes and condos/townhouses in the Ogden Valley, Mountain Green, and Ogden Bench areas.  Click here to go to the Ogden Valley Lifestyle Blog.

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.

THE NEWS  

Real Estate sales are hot in the Ogden Valley, Ogden Bench and Ogden area.  Inventory is down, but prices are still well below other Utah resort areas with comparable skiing (nothing is really comparable to Snowbasin and Powder Mountain)…and without the stunning beauty, major reservoir, and recreational opportunities of the Ogden Valley/Ogden area.

Click on the Comparative Stats page above, and let the numbers confirm what a terrific opportunity owning property in the Ogden Valley/Ogden area is.

Now available – statistics on single family homes and condos/townhouses in the Ogden Valley, Mountain Green, and Ogden Bench areas.  Click here to go to the Ogden Valley Lifestyle Blog.

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.

THE NEWS  Real Estate sales are hot in the Ogden Valley, Ogden Bench and Ogden area.  Inventory is down, but prices are still well below any other Utah resort areas with comparable skiing (nothing is really comparable to Snowbasin and Powder Mountain)…and without the stunning beauty, major reservoir, and recreational opportunities of the Ogden Valley/Ogden area.

Click on the Comparative Stats page above, and let the numbers confirm what a terrific opportunity owning property in the Ogden Valley/Ogden area is.

Coming soon – the same Comparative Statistics broken out by single family homes and condos in the Ogden Valley/Ogden area.

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 Since the real estate collapse of 2008, there have been a steadily shrinking number of major Utah Ski resort areas that offer extraordinary values on real estate, and those great deals may be coming to an end. 

The Park City/Deer Valley area led the comeback from the recession, with property prices exploding upward within a few years.  Among major ski resort areas, the Ogden Valley, home to Snowbasin, Powder Mountain and Nordic Valley, has been the most resistant to price recovery.  But indications are property values in this mecca of big mountains, abundant powder and uncrowded slopes, may be poised to make a significant leap.

For the past couple of years, the median price per sq. ft. in the Park City/Deer Valley area has moved up and down in the $350 – $400 range.  In contrast, median prices per sq. ft. in the Ogden Valley have been as low as $120 but never above $150 per sq/ ft.  Recently, there have been sales of properties at $200+ per sq. ft.  Sales at lower prices in the Ogden Valley are still keeping the median price down, but the trend seems to be up.

It has long been a puzzle to many why prices in the Ogden Valley have remained so low.  It’s a stunningly beautiful alpine valley with a large recreational lake, two world-class ski resorts with terrific amenities and few crowds, only 15 minutes from Walmart and less than an hr. from the Salt Lake International Airport.  Best bet is a lack of promotion since the 2002 Olympic downhills and super-g’s were held at Snowbasin.  The Valley is a well-kept (and highly guarded by those-in-the-know) secret.  But with more and more national articles heaping praise and the high profile Summit Group purchasing Powder Mountain, the proverbial worm may be turning in terms of property prices.  Great news for sellers; not so good news for buyers.

Consensus opinion is that if Snowbasin ever breaks ground to follow through with their significant development plans, there would be a rush to purchase property in the Valley and prices would escalate quickly.  But Snowbasin’s plans are a well-kept secret that have defied speculation for at least a decade.  Even if they don’t move forward, the Valley real estate market could be poised to explode. Something this good – well, it’s hard to imagine it remaining a secret, and a great deal, for much longer.