cash flow: Park City, Utah On Sale
- 07/16/10 05:18 AM
As the summer heats up, Park City Utah Real Estate Prices have continued to fall.
Outlying areas of Park City have been hit worst in terms of price depreciation with some areas seeing prices equivalent to those in 2001 and 2002. To give you a better feel for this, the largest increase in area prices happened in the 2004-2005 timeframe. There are now condominiums being offered at prices of over 50% off the peak sales prices of 2006-2007. Granted, these sale prices refer to bank owned and distressed sales, but that currently makes up about 10% of the (1 comments)