Local Park City Update | Real Estate and Things to Do

Posted by Derrik Carlson on Friday, May 22nd, 2020 at 1:13pm

Newsletter Update | Market Stats & Things to Do

Park City Update for Summer 2020

New Real Estate Listings ReportOver the Memorial Day Weekend, Summit and Wasatch Counties joined the majority of the state of Utah is moving to the Yellow Phase of recovery. Businesses are continuing to slowly reopen under recommended guidelines, and we are seeing strong signs of recovery in our community - both economically and socially.

In our world of real estate, dramatic returns to pre-COVID levels can be seen, showing that long-lasting damage is unlikely. In fact, we're seeing some indications that real estate in the area may experience a boom of activity as city dwellers and those who have longed to join the ranks as a "local" are reassessing their values and goals and making the move to our wonderful community.

From our bottom, in Weeks 15 and 16 we saw the market get more active in Weeks 17 and 18, and hope was high this was the start of a strong recovery. That upward path reversed itself in Week 19 as new listing contracts dropped 20% to just 52. But Week 20 more than made up for that drop, nearly doubling the number of new listings to one shy of 100. That’s the highest single-week total of new listings anywhere on our chart and a strong indicator that the market is starting to react to the lesser restrictions on activity by health oversight authorities. It was a very good week.

New Under Contracts

Pending contracts, however, continued the upward path we have been experiencing the past six weeks. Pendings (homes going under contract) is perhaps the best leading indicator of market direction. Contracts written appears to have bottomed out in weeks 13-15 and has been rising steadily ever since, surpassing or nearly matching the previous year’s total in each of the last four weeks. This is a very good trend.  More Park City Real Estate Market Report & Trends

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UTAH #1 LEAST VULNERABLE STATE FOR COVID-19

Utah #1 Least Vulnerable to CovidWe are incredibly grateful for the outstanding quality of life that we enjoy here in Utah, and now it seems that there are additional COVID-related dividends to living here. A recent study performed by Wallethub compared all US states according to “Medical Vulnerability,” Housing Vulnerability, and “Financial Vulnerability,” in order to identify the most vulnerable populations during this pandemic. Utah ranked as the state with the least vulnerable population. Explore maps and detailed info here.

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MOVING TO YELLOW PHASE

The state of Utah has developed a color-coded health guidance system to assist with risk assessment during the current COVID pandemic. At the time of this writing most of the state is operating under the low-risk, "Yellow" Phase. Summit and Wasatch Counties moved to the Yellow Phase over Memorial Day weekend. Find the most current risk assessment status info here.

 

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NATIONAL & STATE PARKS

State parks are now open! Utah has beautiful scenery, and with the nice weather, many people have been itching to be able to explore it. Everyone visiting state parks is encouraged to practice #ResponsibleRecreation by separating yourself and honoring the social distance of others, avoiding crowded trailheads and areas, and keeping parks clean. Click here to get updated info on state parks, including if visitor centers are open and if only county residents are allowed to visit.

National Parks are slowly reopening - here's the status of all 60 of them.

 

WHAT IT'S LIKE NOW

Park City UtahSummit and Wasatch county are now officially in the yellow/low-risk phase of opening. When the pandemic first started in Utah, Summit County was one of the first hotspots, and health officials immediately put residents on a stay-at-home order.

In the yellow phase, face coverings must be worn in public, social distancing measures, and hygiene standards remain in place. Groups of 50 or fewer will be allowed, team sports can be played, and all businesses can operate (if they follow health protocols).
“It must be emphasized that the only reason we have made this enormous progress is due to the high level of compliance by our residents, which everyone should be extremely proud of. Going forward, we are completely reliant on this continued vigilance by our residents, visitors, and businesses to keep our economy open.”

- Summit County Council Chair Doug Clyde

Check out the newest Park City real estate listings! 

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PARK CITY FROM HOME

Support Park City's small businesses from the comfort of your own home with curbside restaurant pick up, online shopping, virtual tours, and more. Click here to see the full list of restaurants and businesses that you can support from home!


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SUMMER CAMPS FOR PARK CITY 2020

Park City Summer Camps 2020

Woodward re-opened on May 23rd, with new guidelines for safety in our Yellow Phase. Inside the Action Sports Hub the following are open: concrete park, pump track, mini ramp, and mini ramp to quarter pipe + resi jump to quarter pipe (foam pits, bag jumps, parkour zone, trampolines, and gym floor will initially remain closed). Outside, the concrete plazas and pump track are open.

Summer Camps are open for registration as well! Time to get those kiddos out of the house and enjoying the summer outdoor offerings! More info here.

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LOCAL PARKS & TRAILS

We have never been so thankful for our abundant local parks and trails! Check out MountainTrails.org or AllTrails.com to find more about all of your hiking or biking options. And keep in mind that now may also be the perfect time to think about giving back to great organizations like MountainTrails or Trails Utah to help ensure that our trail networks remain in great shape!

As mentioned earlier in this newsletter the state and national parks are open. However, with the onset of summertime warmth and sunshine keep in mind that you should expect some crowds at the more popular parks, so perhaps now is the perfect time to consider a visit to one of Utah's lesser-known recreational gems.

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SUNDANCE CAR CAFE

While the rest of the resort may be closed, Sundance Resort is still providing a tasty escape to the local community with delicious meals served at your car with a side of spectacular views.
Open daily from 12:00 pm – 8:00 pm, The Sundance Car Cafe serves up guest favorites from The Foundry Grill, The Tree Room, and The Deli. Reservations here.

 

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KW Red WeekKW RED WEEK

Typically Keller Williams dedicates a day every year to a local charity project that our agents participate in. This year, we extended our day to a week-ling effort coordinated through the Christian Center in Park City and Heber to receive donations for our local food pantries. Our KW Red Week was so successful, we extended it an additional week. Thanks to everyone who participated!

 

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FINDING FUN AT HOME | DIG IN THE DIRT!

Getting outside to beautify flower beds and grow vegetable gardens is a favorite pastime of many Utahns. It's also become a new hobby for many more! Seeing your flowers grow and eating fresh vegetables from your own garden is its own reward. Here are some tips and tricks for beginner gardeners. If you're in Park City, the general rule is to not plant anything but pansies until after Father's Day.


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OR JOIN A CSA INSTEAD!

Community Supported Agriculture (CSA) is a way for citizens to directly support farming and farmers in their communities. Members purchase a share of a farm’s produce for the growing season. These shareholders typically receive a weekly delivery of what is in season at their local farm.

Find a local CSA here!


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LOCAL CORONA-KINDNESS FACEBOOK GROUP

Corona Kindness

Check out the CoronaKindness Park City Facebook Page for more inspirational stories of how our locals are making a difference during this difficult time.

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COOK LIKE A MICHELIN CHEF
These Chefs Are Hosting (Free) Online Cooking Classes Right Now

Eric Ripert Home Cooking
Check out his IGTV page.

Massimo Bottura’s “Kitchen Quarantine”
8p.m. CET, daily, on Massimo Bottura’s IGTV

David Chang’s “In the Time of COVID-19”
Most days, on David Chang’s IGTV

Family Meal Recipe Book: This digital recipe book is filled with 50 easy recipes by world-famous chefs. All proceeds will benefit the Restaurant Workers’ Covid-19 Emergency Relief Fund supporting on-the-ground efforts in the restaurant community during this challenging time.

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FIND YOUR NEXT PLACE TO STAY IN PARK CITY

Nonessential travel feels like a vestige of the distant past, but you can still see the world -- sort of -- by way of Park City Host platform. Here, you can find home and condo rentals where they meet you at the door and have additional recommendations for grocery delivery, private chefs, massages, and more.  I've worked an arrangement with Luke at Park City Host to provide you a "Derrik Carlson Coupon" - call me to discuss how to save on your next trip to Park City. 


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OTHER ENTERTAINMENT IDEAS

What to do during COVID 19Host an online cocktail party with people all across the country. Send out short biographies on each attendee before the party starts to cultivate some great conversation.

Share puzzles with the neighborhood. Have contests to see who can put them together with the quickest!

For game night, simple scavenger hunts for kid groups have been a hit. Click here for ideas!

 

LOCAL HEALTH & FITNESS CLASSES

Have you been missing the gym? With the Governor's new directive allowing gyms to open, you can contact your gym to see if they're open and decide if you'd like to go in person. Park City and other communities may open their services on varying timelines, or you may decide to take up (or continue) online tools for fitness for the near future. Many trainers and fitness experts have taken up YouTube to reach people during the stay at home directive. Here are some favorites.

HAUM MEDITATION

MeditationTo support community immunity, Haum Meditation has closed the Park City Studio until further notice to practice social distancing and promote community well-being. In the meantime, they are offering free guided meditations!

Guided Haum Meditation Audio Here


TASADNA YOGA

Classes are still being offered online - view online classes here. In-person classes have resumed and are adhering to Utah Leads Together 2.0 stabilization plan. There are a few changes such as needing to preregister for classes and procedures for entering and using the studio. 

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ONLINE THURSDAY MEDITATIONS - NATIONAL ABILITY CENTER
Join the National Ability Center and Sheila Peterson every Thursday via
Facebook LIVE for 15-30 minutes, weekly guided meditations, and/or yoga. Info here.

 

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See you soon

 

We hope to see you out and about, safely socially-distanced of course!

 

Images courtesy of Deer Valley Resort, Park City Mountain Resort, Park City Chamber of Commerce, and the restaurants featured in this newsletter.

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