COVID-19 has wealthy buyers fleeing to Park City
The Salt Lake Tribune
Park City, Deer Valley and surrounding Summit and Wasatch counties are now seeing money pour into luxury homes, estates and open land with big sticker prices as the effects of the pandemic bring in new wealthy buyers.
Since June, a rush to sanctuary has real estate markets booming over pre-pandemic levels for multimillion-dollar homes and properties that offer secluded access to nature and a sense of security and safety.
Droves of families who’d been waiting out the pandemic in short-term rentals or second homes in the Wasatch Mountains are now buying into more exclusive enclaves and even shifting their primary residences.
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