Salt Lake
City Ski Condominium Market
Annual 2009 Condo Report for
Alta, Brighton, Solitude and
Snowbird
| Median Condo Price
(Sold) |
$303,760 |
| Average Condo Price
(Sold) |
$258,604 |
| Low Condo Price
(Sold) |
$10,000 |
| High Condo Price
(Sold) |
$398,000 |
| Number of Condos Sold |
5 |
| Average Days on Market Until Sold |
74 |
________________________________________________________
|
Demand
|
Condo demand
for ski condos in
the Salt Lake City
area declined in 2009.
A total of 5 condos
sold in all four ski
resorts. It took an
average market time
of 74 days to sell
these condos, 16
days less than the
state average. |
|
Supply
|
Condo supply is
very high
in Alta,
Brighton, Solitude
and Snowbird.
There are 42
condos
currently listed
on the market for over a
100 month supply--the
highest in our
study. |
|
Price
|
Condo sold prices in
these four ski
resorts average
$258,604 which is
$75,204 above the
state average. |
|
Conclusion
|
The Alta, Brighton,
Solitude and
Snowbird condo
markets are declining.
Condo supply is very high. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
2007 - 2008
Sundance Condo Market Trends
________________________________________________________
Search for Sundance Condos
Barry J. Preusz,
REALTOR®, Downtown Salt Lake City Condo Specialist,
Equity Real Estate,
7090 Union Park Center, Midvale Utah, 84047
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.com
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