TOP 10 U.S. WINTER RESORT REAL ESTATE MARKETS FOR INVESTING IN SINGLE-FAMILY HOMES AND CONDOS IN 2022
According to this analysis of single-family home and condo sales in 2021, analyzed among the US counties which encompass the best ski resorts, based on ZRankings.com’s Pure Awesomeness Factor (see full methodology below), Pitkin County, Coloradohome to Aspen Snowmass, fetched the highest median home sales price in 2021 ($1,696,000; up 39% from 2020); followed by Teton County, WYhome to Jackson Hole ($1,286,000; up 34% from 2020); other San Miguel County, COhome to Telluride Ski Resort ($1,135,000; up 26% from 2020).
Home sellers in nearly half of counties analyzed more than doubled their investment in 5 years
The analysis also shows those same three counties ranked highest in terms of five-year home price growth – all more than doubling in median home price from 2016 to 2021. Although according to this measure, San Miguel Countyhome to Telluride, ranked first, posting the greatest five-year median home price growth (up 143% from 2016). Teton Countyhome to Jackson Hole, saw the second greatest five-year home price growth (up 138% from 2016); followed by Pitkin Countyhome to aspens (up 125% from 2016).
Investment returns in 9 out of the 10 counties analyzed topped national home seller ROI in 2021
So, according to this analysis, Teton Countyhome to Jackson Holeranked first in 2021 home seller return on investment, compared to the original purchase price (105% ROI; $659,875 dollars gain); followed by Routt County, COhome to Steamboat Ski Resort (92% ROI; $318,500 dollars gain). The home seller ROI in those two counties more than doubled that of the nationwide ROI in 2021 (45% ROI; $94,092 dollars gain). Following Tetons other routine Counties, among those with the highest home seller ROI in 2021, was Eagle County, COhome to both Vail Ski Resort and Beaver Creek (78% ROI; $395,000 dollars gain).
See below for the county-level data for each of the top 10 Ski Resort Real Estate Markets:
|
Top 10 US Ski Resort Real Estate Markets |
|||||||
|
ZRanking |
Ski resort |
County, State |
2021 Median Home Sale Price |
1-Year Home Price Growth |
5-Year Home Price Growth |
2021 Home Seller Dollar Gain |
2021 Home Seller ROI |
|
1 |
Jackson Hole (PAF: 99.0) |
Teton County, WY |
$1,286,000 |
34% |
138% |
$659,875 |
105% |
|
2 |
Telluride Ski Resort (PAF: 95.6) |
San Miguel County, CO |
$1,135,000 |
26% |
143% |
$470,800 |
71% |
|
3 |
Snowbird (PAF: 94.2) & Alta Ski Area (PAF: 93.5) |
Salt Lake County, UT |
$451,931 |
18% |
73% |
$174,001 |
62% |
|
4 |
Vail Ski Resort (PAF: 90.8) & Beaver Creek (PAF: 84.9) |
Eagle County, CO |
$900,000 |
16% |
66% |
$395,000 |
78% |
|
5 |
Aspen Snowmass (PAF: 88.9) |
Pitkin County, CO |
$1,696,000 |
39% |
125% |
$481,000 |
40% |
|
6 |
Steamboat Ski Resort (PAF: 88.3) |
Routt County, CO |
$665,000 |
28% |
79% |
$318,500 |
92% |
|
7 |
Big Sky Resort (PAF: 86.9) |
Gallatin County, MT |
$520,409 |
20% |
71% |
$201,235 |
63% |
|
8th |
Park City Mountain Resort (PAF: 86.1) |
Summit County, UT |
$847,600 |
20% |
61% |
$288,400 |
51% |
|
9 |
Winter Park Ski Resort (PAF: 85.4) |
Grand County, CO |
$549,000 |
13% |
120% |
$233,000 |
75% |
|
10 |
Mammoth (PAF: 84.5) |
Mono County, CA |
$623,500 |
26% |
95% |
$241,000 |
63% |
Top 10 US Ski Resort Real Estate Markets in 2022 Infographic
methodology
For this analysis, ATTOM looked at ZRanking.com’s Best Ski Resorts in the US at the time of this report, calculated based on the Pure Awesomeness Factor: https://www.zrankings.com/articles/best-ski-resorts-north -america. This algorithm is based on a range of ski resort data, including vertical drop and snow quantity, among others. ATTOM then isolated the top 10 US counties surrounding the top ranked resorts and the most recent high-level home sales data points, based on ATTOM’s Year-End 2021 US Home Sales Report, which looks at recorded sales deeds for single family homes and condos nationwide . Home seller price gains represent the difference between the median sales price of homes in a given market in a given timeframe and the median sales price of the previous sale of those same homes, expressed both in a dollar amount and as a percentage of the previous median sales price.
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