Found 24 blog entries tagged as Homes.

Executive Summary:  Explore the latest updates in the Park City Market Trend Report, covering January 2023 to September 2024. For data from previous years, click the links titled "Historical Market Report for 2020, 2021, and 2022" available on this page. This page was last updated on October 10, 2024.

This Park City Market Trend Report has been Consistently Updated Since 2020. 

Park City Market Update & Trends for 2020This Park City Market Trend Report, updated since COVID-19, covers data from January 1, 2020, to October 10, 2024, offering the most comprehensive view of real estate market trends in Park City, Utah, over this period.

Additionally, the report includes "Predictions from Derrik on the 2024 Real Estate Market in Park City, Utah," offering insightful forecasts for the coming…

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Executive Summary - Updated for 2024: Explore Park City, Utah's real estate investment opportunities, from short-term rentals near top ski resorts to unique options.  Discover strategies, considerations, and insights for successful property investments in this vibrant market.

Learn About Investing in Park City, Utah, Real Estate

Guide to Investing in Park City & Deer Valley Real EstateInvesting in Park City, UT, real estate is one of the oldest and most popular asset classes for the wealthy and wise.  Most new investors in Park City have multiple properties in different areas of the United States or the world and rent them short-term for light personal use.  It is common for investors and developers in other areas of the United States to purchase properties in Park City.

Below, we will discuss the…

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Why Not All Square Footage is Created Equal in Park City, Utah


In Park City, some home buyers and sellers believe price per square foot is the best way to determine how much a property is worth. But this idea is more like a myth than a fact. It's a bit too simple and misses out on what really makes a house special. It's like judging a painting by size without considering the artist's skills or beauty.

In real estate, things like where the house is, its design, how well it's built, and any high-end features are important in determining a property's value. The issue is these things don't show up in the square footage. Also, what's happening in the housing market.

So, the price per square foot can give the wrong or incomplete idea about a property's…

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A Look Back at the Rise of Ski Town Living & the Future of Park City Luxury Real Estate

This article relates to Luxury Real Estate in Park City, Utah.

Park City, Utah, has been a destination for outdoor enthusiasts seeking world-class skiing, hiking, and mountain biking for over a century. But as the town has grown, so has its luxury real estate market, with some of the world's most exclusive homes and condominiums now calling Park City home. In this article, we'll look at the history of luxury real estate in Park City and how it has evolved over the years.

Early Days

Park City was founded in the late 1800s as a mining town, with silver and lead being the primary resources. The town thrived during the mining boom in the Old Town area, but by…

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How to Value Investment Properties in Deer Valley & Park City, Utah

The page provides five ways to value Park City, Utah, investment properties.  The five methods are the Income Value from Rents, Appraised Value of Investment Property, Insurance Value of a Property, Tax-Assessed Value, and Speculation of The Market.  We will explain how each method works and the advantages and disadvantages of using each method.

The page also notes that the best method for valuing a property may depend on the specific property and the purpose of the valuation.  The information is useful for real estate investors and anyone interested in buying or selling investment properties in Park City, Utah.  If you want to learn more about the top investment properties in Park…

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Understanding The Real Estate Market of Park City, Utah

Our goal with every client is to provide unsurpassed service and knowledge when buying and selling real estate in Park City and Deer Valley.

As we work together throughout buying your new property in Park City or Deer Valley, we believe it is essential to make the home-buying process as fun, convenient, and efficient as possible.  Welcome to the crash course of buying Park City Real Estate. 

How Much do Homes Cost in Park City, Ut?

The entry-level price point for Park City single-family homes starts at around $1,000,000 and can surpass the $40,000,000 price point.  Studio condos may be in the $250,000 price range, while large luxury condos may exceed $10,000,000.  When searching for homes…

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Park City Real Estate Trends and Market Update for 2022 (Historical Data)

Let's dig into the market trends for 2022.  First, we will review what a typical buyer considers a Park City - Park City property and Snyderville Basin.  Homes currently for sale in these areas of Park City can be found on our Park City Neighborhoods page.  For a general discussion, we could begin to feel the market slow as interest rates increased.  Buyers were pulling back, and sellers receiving up to ten offers were only receiving one or two.

The statistics below won't show the full story of what took place with real estate in Park City.  Until the fall, inventory was extremely depleted, and well-priced homes sold well throughout the year.  By year's end, we could find…

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Ten Tips for Buying Ski Homes and Condos at Canyons Village in Park City, Utah

This write-up will outline the top 10 tips when buying property at Canyons Village in Park City, Utah.

The Canyons Village has seen extreme real estate growth since this article was initially written in 2016, so we thought it was time for an update. Suppose you are thinking about buying a property in the Canyons Village area of Park City Mountain Resort. In that case, there are several things to think about before buying a ski property here. First, the real estate market in The Canyons Village has been booming, especially with new construction. 

While most of the properties in The Canyons are condominiums, the single-family homes tend to be in The Colony at White Pine.…

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Promontory Real Estate Information and MLS Listings

PROMONTORY REAL ESTATE FOR SALE BOASTS MOUNTAIN ELEGANCE AND A LUXURY LIFESTYLE WITH INCREDIBLE AMENITIES. THE PROMONTORY CLUB IS ONE OF THE MOST FLUID LUXURY REAL ESTATE MARKETS IN THE PARK CITY AREA. THE DEVELOPMENT HAS SPECTACULAR VIEWS OF THE PARK CITY SKI RESORTS TO THE SOUTHWEST OR VIEWS OF THE UNITA MOUNTAINS TO THE EAST.

The Club offers three types of memberships:  social membership, golf membership (full membership), and equestrian membership.  

Club memberships are not required when owning real estate in this fabulous Park City community. To use most of the amenities and on-site dining options, you will need to purchase golf or social membership options. Additionally, social membership…

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A Guide to Purchasing Luxury Real Estate in Park City

Buying a luxury property is a significant investment that requires careful consideration and planning.  Whether you are a seasoned real estate investor or a first-time luxury homebuyer, it's wise to be well-informed and make informed decisions.

This guide will provide you with Eight Important Tips to remember when buying luxury properties in Park City, Utah.  From defining your priorities and working with a qualified real estate agent to conducting thorough due diligence and understanding market trends, these tips will help you navigate the luxury real estate market and make a wise investment decision.  Let's dive in!

#1: Understand "The Real Estate Search."

Technology and the internet have…

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