Derrik Carlson's Market Updates for Park City & Deer Valley Real Estate Trends - 2020
This Park City market trend report has been continually updated throughout COVID-19. Dates reflect 12/31/2019 to 11/18/2020.
Key points: Update 11/13/2020
The Park City real estate market has been running strong but starting into the offseason we are cooling off. Typically around this time of year home sales slow down and condos are in a holding pattern before ski season.
Outside of new listings, the 2020 graphs are now charting the same patterns as a normal year but with higher numbers. There's a decent possibility that the lack of supply turns into a demand problem.
For the past two weeks, new listings have been significantly lower this year than…