sales: Real Estate Sales in Park City; Q1, 2017 - 04/16/17 07:32 PM
The real estate market in Park City, UT sky-rocketed during the first quarter of 2017.
Comparing the first quarter real estate sales of 2017 to the first quarter of 2016 looks similar to the snowfall comparisons between the two years.
        Unit volume sales of Single Family homes were up nearly 20%         Dollar volume of Single Family homes sales was up nearly 25%         Condominium unit sales were up nearly 40%         Condominium dollar volume was up a whopping 74% With all that said, the YouInParkCity.com Group knows that 90 days’ worth of sales isn’t enough to be statistically relevant and … (0 comments)

sales: Park City Real Estate Review 2014 - 01/22/15 01:05 PM
Park City real estate sales for 2014 surged during the final quarter of the year and ended just shy of 2013 total sales.

Real Estate sales for the fourth quarter 2014 in the greater Park City area were up more than 20% versus the same quarter in 2013 nearly erasing the declines from the 2nd and 3rd quarters. Many people have attributed the change to “the Vail Effect” after the announcement of Vail’s purchase of Park City Mountain Resort in September of 2013. The continued rise of the stock market as well as the sustained low interest rates (both in terms … (0 comments)

sales: Is it Too Early to Shop for a Park City Ski Vacation Home? - 05/07/14 12:03 PM
                It is just barely May, there are still snowflakes in the Park City, UT 10 day weather forecast and I haven’t even thought about taking out a pair of short pants; so is it too early to think about the 2014/2015 ski season and owning a home or condo in Park City?
                My email inbox is trying to tell me that even though I haven’t tuned up my mountain bike or straightened out my golf swing that it is time to think about winter.
                Season pass deals for next ski season are … (0 comments)

sales: Park City Real Estate Sales 2014 Q1 - 04/14/14 10:17 AM
The first quarter of the year is historically the slowest for sales in the Park City real estate market. This often puzzles people as it also represents one of the busiest times in terms of people in town. Maybe our guests in Park City are too busy skiing, dining and enjoying all that Park City has to offer to spend their time hunting for properties; maybe it is the time delay between writing an offer and closing a sale; maybe once the decision to buy here has been made, buyers want to do more research and see all of the options … (1 comments)

sales: Park City Real Estate Sales Year End 2013 - 01/22/14 08:23 AM
We are now solidly into 2014 so it is time to take a look at what happened in the Park City real estate market for 2013.
Sales of single family homes and condominiums in the Greater Park City area were very solid with sales unit volume up 14% from 2012. This represents the best year since 2006.
The median sales price for both single family homes and condominiums in and around Park City also rose during 2013. The median price for a home rose by 5.8% to nearly $800,000 while Park City condominiums saw their median sales price rise 8.7% to … (0 comments)

sales: Park City Real Estate Sales and Info Q-3 2012 - 10/08/12 11:40 PM
The third quarter of 2012 has slipped by and fall is in the air in Park City, Utah. Real estate sales for the area are changing focus a bit from single family residential to vacation second homes and condominiums more focused toward winter sports.
Year versus year sales data for Park City real estate shows a market gaining strength. Single family home sales so far for the year are up 6% versus the first three quarters of 2011 and condominium sales in Park City have seen a 10% increase.
Sales comparisons for the most recent quarter show condominium sales rising … (0 comments)

sales: Park City Real Estate versus Other Ski Towns - 08/24/12 12:27 AM
Park City is a member of the Western Mountain Resort Alliance which gathers quarterly to discuss and share real estate information in the ski towns of Vail, Steamboat, Sun Valley, Whistler, Big Sky, Jackson Hole and Lake Tahoe. The most recent meeting provided some interesting real estate activity information for the ski towns of the west.
Inventory levels in all of the resort areas providing data fell versus last year (and 2011 had shown a similar decrease in inventory levels). Similarly, all of the resorts reported an increase in the number of sales (with the exception of Park City which reported … (0 comments)

sales: Are we entering a Seller’s Market in Park City, UT? - 08/10/12 09:03 AM
The Salt Lake Tribune reported that the median sales price for single family homes in Salt Lake County rose last quarter for the first time in 5 years. Will Park City real estate see similar statistics soon?
National statistics are beginning to show strength and there are many reports indicating prices on the rise (similar to the reports from Salt Lake City). Park City and other resort communities tend to lag the national indicators as people must feel comfortable with their primary home before purchasing secondary homes and condominiums.
Sales statistics so far for the year have been flat with the … (2 comments)

sales: Deer Valley Real Estate Sales 2012 - 03/19/12 06:11 AM
Real Estate sales in Deer Valley, Utah for the current year.
We here at the YouInParkCity.com group keep a constant eye on what is going on in Park City real estate through a consistent watch of the Park City MLS, regular open house attendance, talking with other agents and monitoring what our clients and local visitors tell us among other things. A recent post indicating that Deer Valley sales were on an uptick caught our eye. Here is a summary of what we found to be true:

Current Park City MLS data shows that there have been 40 sales of … (0 comments)

sales: Park City Home & Condo Prices - 02/26/12 08:42 AM
Days on market for real estate in the Park City, Utah area
Days on Market is a piece of information that can give us some information about home sales in an area, but it is not the end-all statistic. In Park City, Utah the current average days on market for real estate is about 150 days from initial list to sale. This statistic counts only those properties that have sold (not inventory or expired/removed properties).

 
In general a lower number of days on market relates to a “hotter” market and less of a “buyer’s market” but there are … (0 comments)

sales: Distressed Real Estate Sales in Park City, UT - 01/31/12 12:47 AM
Park City, Utah has seen its share of distressed real estate sales in the past 2 years.
 
A look at the sales statistics from the Park City area MLS reveals that distressed sales have made up 25% of the total sales of homes, condominiums and land in the Greater Park City area in 2010 and 2011.
 
The sales of bank owned properties have far outpaced the short sales (more than 2 to 1) and 2011 saw a smaller percentage of distressed sales than 2010.
 
 
 
The sales of bank owned in relation to the … (1 comments)

sales: Ski Resort Real Estate: Park City or Vail - 11/15/11 09:39 AM
The Western Mountain Resort Alliance is composed of 13 destination ski resort area Boards of REALTORS®. The alliance was founded on the idea that while the resorts vary geographically, they share many of the same real estate and development issues due to their vacation resort status. The alliance publishes quarterly sales statistics for the various destination ski areas.
 
While we here in Park City, UT believe that our resort community offers some of the best recreational opportunities and easiest access of any Western North American Ski Resort, a look at what can be purchased in other resort towns can … (1 comments)

sales: Did You Miss the Bottom? - 08/08/11 10:30 AM
 
Park City Real Estate Market Turning Upward
 
            The bottom of a market; be it stock prices, commodities or real estate in Park City, Utah can really only be seen in hindsight. We can never be sure of the bottom until we look at it in retrospect and study the sales data. While we cannot yet call the bottom of Park City real estate prices, we can see definitive signs of the bottom.
 
            Real estate sales in the second quarter of 2011 show a strong increase in the number of transactions. The 451 closed real estate sales … (2 comments)

sales: Old Town Park City,Utah Sales 2011 - 03/18/11 01:07 AM
Park City, UT real estate sales thus far for 2011 are mirroring what we saw in 2010. There is a slight increase in sales volume, but the sample size is too small to make many strong predictions as to what the year will bring.
See http://parkcityutahhomes.blogspot.com/ for early 2011 data.
(0 comments)

sales: Park City, UT year end real estate comparatives and analysis - 01/26/11 03:27 AM
          The current and past presidentof the Park City Board of Realtors spoke on the local radio station this morning here in Park City (KPCW). Here is a quick review of some of the things they had to say about last year and the coming year.
          As an overview, over $1 Billion in real estate sales were recorded across the Park City Board for 2010. This total was an increase from 2009. Prices are down while the volume of sales transactions are up. The median sales price fell last year by 2.9%. Vacant Land lead the way in terms of falling … (0 comments)

sales: New Lower Prices at Victory Ranch Club and Red Ledges - 07/01/10 07:01 PM
Park City, Utah area Golf Course Development Projects Add New Lower Price Point Options
 
            Recent economic changes have led to some rethinking and new options at local private club golf course communities.
            Announcements have been made by Red Ledges and Victory Ranch that they will be offering new smaller clustered homes for prices less than that of some original lot sales. Victory Ranch Club will offer complete homes in the 1500-2100 square foot range with starting prices under $750,000. These homes will utilize local timber and stone with designs meant to blend in with the surrounding natural landscape … (0 comments)

sales: Deer Valley, Utah Auction Property - 01/19/10 05:39 AM
Silver Strike Lodge at Empire Pass, Park City, UT
            The auction of eight Silver Strike Lodge condominiums at Empire Pass in Deer Valley was held on Sunday January 17th, 2009. The developer (Ironwood) considers the results of the auction a success. The auction was attended by 32 prospective Buyers and lasted approximately one half hour. All eight units were sold and a ninth was sold a day later by the developer.
            The developer auctioned the units and was not forced to do so by the bank. Sales within the Silver Strike condominiums had been reduced to one in the … (0 comments)

sales: Park City Real Estate 3rd Quarter 2009 Sales - 10/18/09 04:07 AM
            With the end of September comes the end of the summer selling period as Park City, UT turns toward the upcoming ski & snowboard season. This also tends to mark a change in the real estate buyer profile as Buyers become more interested in ski and snowboard related resort properties.
            A look back at the year to date reveals a lot of what we suspected; things were rough in the real estate world and Park City / Deer Valley were no exception. Sales in Park City totaled over $355M on a volume of just under 400 units (sales statistics … (0 comments)

sales: Park City Utah Real Estate Trending Upward (?) - 08/21/09 02:26 AM
          The Park City real estate market place has been showing recent signs of increased activity. Most REALTORS® in Park City and Deer Valley will tell you they feel that things are getting better.
         Sales figures for the Park City Board of Realtors may or may not support this feeling. The month of July had 69 closings within Park City and approximately the same number outside the Park City zip code (Kamas and Heber Valleys). Park City area real estate sales totaled nearly $70M for the month while sales in areas outside of Park City (but through the PCBR) totaled … (0 comments)

sales: Park City and Deer Valley real estate sales for Q2 2009 - 07/13/09 12:42 AM
            With the end of June came what is considered summer here in Park City after an unusually wet spring "mud-season". The end of June also marks the end of the 2nd quarter and time for a Park City and Deer Valley real estate market update. The Park City and Deer Valley home and condominium sales for the quarter show that the market has slowed, but probably not as much as people think.
            For comparison purposes, we will look only at areas 1-22 for the Park City MLS which includes the Park City neighborhoods of: Old Town, Thaynes, Lower Deer … (0 comments)

 
Todd Anderson, Park City | Deer Valley  Real Estate (You In Park City group - KW Park City Keller Williams Real Estate)

Todd Anderson

Park City | Deer Valley Real Estate

Park City, UT

More about me…

You In Park City group - KW Park City Keller Williams Real Estate

Address: 693 Main St, Park City, UT, 84060

Office: (435) 901-1417

Mobile: (435) 901-1417



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