- Remarkably, the Park City market has been basically post-crash stable for 5 years.
- There has been an increase in the premium paid for new homes. They now sell for about 35% more per sf than existing inventory.
- Inventory is up a bit. Prices continue at a steady rise, although not huge. The number of sales has fallen a bit.
- As ever, the Park City market is complex and fragmented. Careful analysis is required to evaluate opportunities in discrete niches.
- Click here to go to my Park City Real Estate Statistics page
|Extraordinary Glenwild Residence575 Mountain Holly Rd|
MLS 11804459 More Info
|Canyons Luxury Home98 White Pine Canyon Road|
MLS 11800250 More Info
|High Lot with Commanding Views2740 Bear Hollow Drive|
MLS 11804874 More Info
|Super Hillside Home - Close but Private Setting4700 Nelson Court / Cedar Draw|
MLS 11805843 More Info
|Park City Old Town - Ski Access156 Norfolk Ave|
Price: UNDER CONTRACT
MLS 11900131 More Info
|Upper Deer Valley Family Ski Lodge7979 Roamer Court|
MLS 11808419 More Info
Park City Real Estate Market
ďLocation, Location, LocationĒ Only Works if You Understand the Location.
Everyone can peruse through the Park City properties or Deer Valley condos on the Multiple Listing Service on the internet and see whatís in their price range, which homes have the right number of bedrooms, and whether the houses come with a three car garage. Unfortunately, thatís not nearly enough information to make an intelligent investment in real estate.
Understanding why houses and lots are priced the way they are helps you understand which properties represent a good relative value, which are likely to require extra maintenance, which are going to be the easiest (and most enjoyable) to live in, and ultimately, which are going to appreciate the most and sell most readily when the time comes. Knowing the reasons behind the statistics and what those reasons mean for ongoing and developing local real estate trends is what makes Carol such a successful Realtor on a long term basis.
The best Realtors in Park City seem to keep clients for a long time, working with them on multiple transactions over the years. In this regard, Carol is among the best in the business. A quick check of a few testimonials will bear witness to Carolís client longevity. Her secret? Serving as chair of the Statistics Committee for the Park City Board of Realtors means she understands the property pricing trends in this market perhaps better than anyone. What does that mean to you? It means Carol can help you buy right, in a property that suits your lifestyle, and that when itís time to sell, the will be odds in your favor.