The MOAB area is still a great place to invest in real estate. Prices in Moab have traditionally been much lower than most destination resort towns in Colorado, Arizona and Utah. Moab was impacted, as were most real estate markets, in 2008 but to a much lesser extent than comparable tourist oriented towns.

There are now, more than ever in the past 3 years, good deals to be made in Moab condos, townhomes and single family homes. The average home price in Moab is $239,886. Tourism continues to be strong and motels and property management companies are experiencing record bookings for 2009. With the economy on the down-turn people are staying closer to home to vacation which is reflected in Moab’s thriving tourist business.

Moab’s economy is still booming which makes a real estate investment here a wise choice. There are still a few units remaining in the various condominium and townhome projects that were built in late 2008. Prices have softened a bit on these units and an example of an excellent investment is the Redcliff Condos which are selling a 3bedroom/2bath unit with granite countertops, tile and carpet floors and refrigerated air starting at $169,900. By 2010 there will be a pool and hottub added.