The Park City real estate market is showing signs of stabilization; a return to Pre-COVID market activity. Single Family home transactions year-over-year are up a bit. Condo sales are down somewhat. Vacant Land activity is very strong, with prices stable.
- • Gated communities, such as Promontory, show continued robust sales.
- • Homes priced below median sell much more rapidly than a house priced above median.
- • Median prices in city limits are stable, compared to other areas.
- Click here to go to my Park City Real Estate Statistics page
" My wife and I have moved every 24 months for 20 years. We know how to buy and sell property, and one of our secrets is to work with the top producer in the area. I tracked Carol down while we were living in Zurich. I could tell from the first call that she listened well. She showed us properties that were exactly like what we had requested. Carol ensured that we included some key provisions in the purchase contract that other less fortunate owners forgot to include when they bought. I only recommend people who have earned my respect, trust, and who deliver outstanding service. "
Chris Thompson
" Of all the individuals who have supported our six real estate transactions over the past 17 years (including in Manhattan), Carol and her exceptional level of professionalism have vastly surpassed our expectations. In every one of the dozen-plus homes we visited, Carol was greeted by the sellers’ agent with friendliness and relief. More than once, the agent mentioned how easy and efficient Carol was to work with. In a field rife with competition and potentially charged situations, her network of satisfied counterparts is seemingly endless, underscoring a strongly positive reputation that borders on being a local institution in herself. Carol pairs the tireless resourcefulness of an expert saleswoman with the natural authenticity of someone who builds community. "
Ann and Jonathon Evans
Park City Real Estate Market
“Location, Location, Location” 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 what’s in their price range, which homes have the right number of bedrooms, and whether the houses come with a three car garage. Unfortunately, that’s 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 Carol’s 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 it’s time to sell, the will be odds in your favor.