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Real Estate market updates for Park City, Utah.

Found 9 entries about Market Update.

Derrik Carlson's Market Updates for Park City & Deer Valley Real Estate Trends - 2020 & 2021

This Park City market trend report has been continually updated throughout COVID-19.  Dates reflect 12/31/2019 to 1/19/2021.

Park City Market Update & Trends for 2020Keypoints: Recap of The Real Estate Market in Park City, Utah for 2020.  

In this review, we will take an in-depth review of real estate in Park City limits and Snyderville Basin for 2020.  We use statistics from the Park City Board of Realtors.  While other websites and Realtors combine the Park City area with surrounding areas, we don't.  We only review and focus on real estate in Park City.  

Below are two charts that outline the years of 2015 to 2020 for a review of the Number of Closings, Median Price, Average Price, and the

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The Top Four Luxury Properties for Sale in Park City, Utah

After six years we've decided to update this page. Luxury homes have come and sold, for the most part, but we are still here helping guide our clients through the ins-and-outs of buying luxury real estate in Park City, Utah.

The links at the bottom of this page will take you to view every luxury listing on the Park City MLS. If you are considering buying or selling luxury real estate in the area please contact us for our professional opinions on pricing, marketing, and where Park City buyers come from.

This article was originally written on December 26, 2014.

#1.  253 White Pine Canyon Rd in The Colony comes in on top at $38,000,000 - some may say it's worth every penny.  This home is

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Average Price Per Square Foot Park City, Utah

For the last few years, with the majority of properties sold, the Park City real estate industry has become reliant on using the cost per square foot of a home as a gauge of value.  This tactic soon spread to the public and is now prevalent in property searches. 

This method is highly inaccurate, dangerous, and CANNOT accurately portray the real value of any property for several reasons.  Price per square foot IS accurate and very useful once specific details are known so that we can compare apples to apples.

 

Below we discuss the four ways that unqualified price per square food DOES NOT account for - you decide if these things might matter.

The two homes on the right are similar in size but

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What Should I Expect for this Year's Ski Season in Park City, Utah?

A Guide on Park City Mountain Resort, The Canyons, and Deer Valley Resort Ski Season for 2020/2021

Park City Ski Guide 2020/2021Winter has arrived in Park City with a robust pattern of storms headed this way. Nearly 30 inches fell in the Wasatch mountains over the past few days, and more is coming!  The abrupt end to last year's ski season has added more anticipation than usual, as people are counting down the days to the season-opening of local resorts.

As with most things this year, skiing may look a little different than usual. Below is a run-down of the information provided by all the nearby resorts on how they're handling this year's ski operations. Find mask policies, lift practices, ski school

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Park City Realtor MediaLocal Park City Realtor Quoted in Mansion Global

Derrik Carlson was recently quoted in an article by Mansion Global.  

Title of Article: 3 Luxury U.S. Markets With Steady Growth That Still Offer Opportunities at Relative Bargains

“Our inventory is at an eight-year low right now, but that hasn’t seemed to hurt sales to this point,” said Derrik Carlson, an agent with Keller Williams real estate in Park City.  Just last week, we caught up to 2019 sales. I sold most of my listings during Covid, and there were still cash buyers that were making strong offers.” Read the full article here.  

The real estate market in Park City is always evolving.  What was once a booming mining town turned into a small ski town and is once again booming as people

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The Top Neighborhoods of Park City, Utah

Best Places to Live in Park City UtahThis article will discuss the best places to live in Park City, Utah.

Right now you are at home or in the office, wherever that may be, and you're considering moving to a small town in the United States for a better quality of life but you're not willing to give up all the amenities that a big city has to offer and possibly need to be near a reliable international airport. In my opinion, Park City Utah is the best small town in America!

As many Park City residents did before moving to the Wasatch mountains you're thinking about the cost of living, public schools, and the distance to recreational activities such as ski resorts, golf courses, hiking, and biking trails. I've written this quick guide of

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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

Click Here to Check out Park City Current Park City Market Report for COVID 2020 & 2021!

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

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Midway, Utah's real estate market continues to see significant increases in the median sales price with lower average days on the market.

Median Sold Home prices over the past 3 years for Q1: 

2017:  $462,000   Days on the Market 106

2018:  $530,000  Days on the Market 48

2019:  $770,000  Days on the Market 58

Curious what your home is worth in today's market? 

Complete the short form below or call me at 435-200-LIST.

 

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Search Old Town Park City, Utah Real Estate for Sale

Statistics include every home, condo, or piece of land listed for sale in Old Town on the MLS:

  • AVERAGE PRICE OF OLD TOWN PROPERTY: $1,745,092
    TOTAL LISTINGS (Homes, Condos, Land): 199
    AVG. DAYS ON MARKET: 135
    AVG. PRICE/SQFT: $847
    HIGHEST PRICE: $8,750,000
    LOWEST PRICE: $300,000
    AVG. PROPERTY AGE: 29 YEARS (Excluding Land)
    * Current as of 2/20/19 at 4:45 PM. 

Old Town Park City, Utah Real Estate

Old Town real estate provides homes and condos for sale and a handful of neighborhoods offer ski-in-ski-out access to Park City Mountain Resort. The entire area is a short walk to the best snow on Earth and an exciting place to live year-round. Whether you’re looking for luxurious new

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