How About a Market Update?!?! Happy Monday!

Over the past few days we have seen 20 properties come on the market, 12 go under contract, and 9 close escrow. Of note, we have:

ACTIVE:
-Park Ave condo at $975,000; 3bd/3ba, 1628 sq ft, $598psf...seems a tad high, but we'll see.
-Black Bear Lodge unit in Deer Valley at $1.995m; 4bd/6ba, 3575 sq ft, $558psf... a great deal for being across the street from Deer Valley in Silver Lake!
-Glenwild lot for $865,000.

PRICE CHANGE:
-Main St. building at $1.6m, down $399,000....this one is only about 950 sq ft, but a great location! It looks like they are willing to move on price too!
-Chaparral unit in Deer Valley down from $1.15m to $859,000; 3bd/3ba, 1992 sq ft, $431psf...this one will not be around much longer at this price and these views!
-In The Trees condo in Deer Valley down $100,000 to $1.274m; 4bd/4ba, 2415 sq ft, $527psf....this one keeps looking better....good rentals too!
-Fox Point at Redstone down $44,000 to $335,000; 2bd/2ba, 1026 sq ft, $326psf....there are some good deals in this area.

PENDING:
-Colony home at the Canyons for $5.895m; 5bd/7ba, 5660 sq ft, $1042psf...not too bad of a deal in this neighborhood!
-Home in the Oaks at Deer Valley at $4.6m; 8bd/10ba, 10000 sq ft, $460psf...for this size of a home it looks like a decent deal too.
-Racquet Club condo in Park Meadows at $479,500; 2bd/3ba, 1430 sq ft, $335psf.

CLOSED:
-Silver Star unit at Park City Mountain Resort for $1.29m; 3bd/4ba, 1985 sq ft, $649psf...people love this development.
-Newpark Townhome at $450,000; 2bd/3ba, 1345 sq ft, $334psf....nice deal for this buyer!
-Another Silver Star ski in-ski out unit at Park City Mountain for $1.475m; 3bd/4ba, 1985 sq ft, $743psf.
-Lodges at Bear Hollow at $417,990; 3bd/2ba, $308psf....seeing a good bit of activity at Bear Hollow!