Housing Market Tilting Toward Sellers?
By Gina Barker
The Park Record
Realtors and brokers agree: the Park City housing market is on the road to recovery. Seller and buyers are negotiating more, looking for the compromise rather than selling below home value or demanding bottom-dollar prices up front.
According to the Park City Board of Realtors, the Park City area just experienced its highest number of sales and sales pending of any first half of the year since 2007, before the housing market crash. A total of 486 properties were sold since the start of the year with a total sales volume of $347,392,785. In 2007, the first half of the year's sales topped 610, a time when home prices were at their highest. PCBR statistician Mark Seltenrich said the
Open publication - Free publishing - More 2012
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Park City Real Estate Update
Local experience leads to impressive national exposure
The Park City area is known internationally for the “Greatest Snow on Earth” and its world class ski resorts. SKI Magazine’s annual reader survey ranked Deer Valley Resort as the #1 ski resort in North America for a record-shattering 5th year in a row. Perennial favorite, Park City Mountain Resort, and the up-and-coming Canyons Resort, garner rave reviews as well. Located only 35 minutes from the Salt Lake City International Airport, SKI Magazine ranks Park City’s resorts as the most easily accessible in North America.
What visitors to Park City don’t necessarily realize is that the Park City, Summit County & Wasatch County areas are home to a vibrant and fully…