Many people ask if Park City real estate is expensive. Well, the obvious answer is best communicated by this question: “What do you consider expensive?”
It’s a relative value, isn’t it?
Compared to many neighborhoods around the country, Park City real estate could be considered expensive. However, when you consider other upscale neighborhoods then Park City real estate is not so expensive. Bel Air comes to mind. One home in Bel Air, California was listed for $10.9 million dollars. Wow! Now that’s a home.
But let’s face it. Park City Utah does have a reputation for being a luxury second home market. So many homes in this area are priced out of some people’s range. You could say it’s exclusive. We like it that way. And I’m sure you will too.