Montana and Idaho Ski Resort Town Properties among the Most Affordable

RealtyTrac recently released their 2nd-annual Best Ski Towns for Real Estate Investing list. The 2015 list identified the 18 ski resort towns around the US where buying an investment property or second home is most affordable. RealtyTrac “started with towns where there are at least 500 housing units and at least one ski resort ranking in the top 50 of the 221 ski resorts analyzed by Zrankings.” They then ranked each town based on criteria such as, annual home price appreciation, unemployment rate, and the distance from the nearest airport.

Whitefish, Montana and Ketchum, Idaho made the list for the second time. In the 2014 Best Ski Towns for Real Estate Investing, Whitefish placed 1st as most affordable while Ketchum placed 15th. This year’s list showed Whitefish as the 5th most affordable with a median list price of $279,000. Ketchum placed 13th in the new list with a median list price of $419,000.

New to the Best Ski Towns for Real Estate Investing list was Sandpoint, Idaho and Donnelly, Idaho. Sandpoint secured the 17th most affordable spot with a median list price of $210,000. Coming in at number 18 was Donnelly with a median list price of $274,900. To see the entire list, visit http://bit.ly/1A87HbG.

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