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Found 2 entries for August, 2019.

Lessons of Buying Homes & Condos in Park City

Buying and selling Park City real estate can be fun, exciting, and one of the best things you'll ever do in your life.  That's the way it should be every time but there are times that transactions get sticky during the due diligence and negotiation.  In Park City, sellers don't have to sell, buyers don't have to buy, but everyone wants to be here!  

This blog post is to help you better understand the complexities of the Park City real estate market and items you need to know when buying or selling a property.  My goal is to build and add to this page over time to be able to help potential buyers become clients as well as help you understand the process of buying property in Utah.  We are always happy to

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Stats for July 2019 vs. July 2018 & YTD | Park City Homes & Condos

Source Park City Multiple Listing Service 8/3/2019

Summary Statistics 19-Jul 18-Jul % Chg
Absorption Rate 9.34 8.46 10.4
Average List Price $2,317,552 $2,247,324 3.12
Median List Price $1,680,000 $1,640,000 2.44
Average Sale Price $1,434,065 $1,488,378 -3.65
Median Sale Price $1,095,000 $969,500 12.94
Average CDOM 124 135 -8.15
Median CDOM 38 32 18.75

Above is a Park City real estate statistics graph of July 2019 vs 2018. 

What does the July 2019 vs July 2018 report tell us? 

In the bold text, I will tell you what the numbers above state

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