Lower Deer Valley Real Estate Update

Posted by Derrik Carlson on Tuesday, June 26th, 2018 at 2:21pm

 Lower Deer Valley Real Estate

Video Transcription:

Hi, Derrik Carlson up here in Lower Deer Valley.  I'm driving around and looking at what's going on in the market. There's been quite a bit of new construction that's been going on and you can see one as I pass right now.  Our numbers don't necessarily reflect that because really Lower Deer Valley was built out in the 90's for the most part. It is a pretty mature area of Park City. So, when you look overall, we have 39 total listings. 18 of those are single family homes, 19 are condos and only two are lots.  So far this year we have had 28 total closings: 8 homes, 17 condos and 3 lots.

There is a mix of type of properties that are available. Let me see if I can just flip you around real quick while you're on here and I'm not able to. So if you look, you can have homes that are brand new, new construction and then you can have some really loggy homes here. You get a little bit of a mix of what the buyer's looking for. We definitely have all sorts of different types of properties. If you look back two years ago, everybody was going very contemporary/modern.  But now, I think that we're seeing the market change on what buyers are wanting. They realize they can get that kind of product type and New York, Chicago, San Francisco, wherever that may be.

Here they want to mountain home, a log home, something maybe not too loggy, but overall something that says, Hey, I have a place in park city and it doesn't look like what I have in LA or anywhere around there. So if you have any questions on Lower Deer Valley, I'm happy to help. It's one of my favorite areas of town. It's always quiet and peaceful. You can tell by the road that there's nobody on it. You can reach me at 435-200-5478 or Carlson@realestateinparkcity.com Thanks so much. Have a great day.

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