Deer Valley Resort Will Double Its Skiable Terrain While Adding Premier Hospitality via a New Village and Portal

Deer Valley Mayflower Resort Expansion Announced

Denver, CO, August 24, 2023 – Alterra Mountain Company, the world’s premier mountain operating company, has announced a major terrain expansion of Deer Valley Resort that will add 3,700 acres of terrain to its world-renowned, ski-only destination located in the Wasatch Mountains in Park City, Utah. In addition, the development of a new village and portal will dramatically improve access to the resort while adding world-class lodging, dining, and retail amenities in partnership with Extell Development Company.

The expansion will more than double Deer Valley’s skiable terrain, adding 16 new lifts and a new 10-passenger gondola,…

2163 Views, 0 Comments

Read Full Post

Park City & Wasatch Back Market Report - Q2 2023

2nd Quarter 2023 Park City Market Report

Park City Real Estate
2023 | Q2

In 2023, second quarter sales totals for single family homes in Summit and Wasatch counties were 13% higher than in first quarter, with unit sales climbing 22%. Sales prices are a different story. The median home sale price in the PCMLS primary market area dropped from $1.66 million in Q1 to $1.59 million, a decline of 4%.

The market volatility experienced during, and immediately following, the Covid crisis has abated considerably. The Park City real estate market is reflecting trends seen elsewhere in the country, as business returns to a more “normal” seasonal pattern.

  • Listing inventory is rising - At the end of Q2 - 2022 only 858 residential properties…

1173 Views, 0 Comments

Read Full Post

Park City MLS Monthly Activity Report - July 2023

Park City MLS Monthly Activity Report July 2023

Above numbers compared to the same period prior year.

Park City MLS Activity Report

New Listings: New listings, which were being added to the system at a rate of around 200 per month for the past few months, jumped to over 300 in May and to 359 new additions in June. That number slid back to the May level in July (307). Pending Listings: One of the reasons that inventory has grown is because agents are writing far fewer contracts than they are listing new properties. 307 New listings were added in July, while only 200 contracts were written, making for a net gain in inventory of over 100 homes.

Closed Sales: 2022 showed a return to almost the same sales pace as we saw in pre-Covid 2019.…

825 Views, 0 Comments

Read Full Post

Tiger Woods Announces New Golf Course at Marcella Resort in Park City, Utah.

Marcella Club is honored to partner with 82-time PGA TOUR winner, Tiger Woods and his golf course design firm TGR Design, for their first mountain course design. Progress has already begun on the course and when it is complete, the Marcella golf experience will be unparalleled as it traverses valleys, beautiful groves of trees, and a ridge line that offers some of the most dramatic views of any golf course in the world. The partnership between Marcella and TGR Design is one based on a love of golf and dedication to creating an experience that is both challenging and fun for golfers of all abilities.

Photo Courtesy of: TGRdesign.tigerwoods.com

Marcella Club is a…

1587 Views, 0 Comments

Read Full Post

Park City Real Estate News - January 2021

 
E&V Logo
 
 

Park City MLS • Park City • Deer Valley  •  Canyons •  Ski • Golf

 

REAL ESTATE

Introducing New for 2021: Benloch Ranch, Park City. A Modern Mountain Lifestyle Community.

Thoughtfully designed amidst rolling ranch land, protected forest and some of the West’s most distinguished mountain communities, Benloch Ranch is an…

252171 Views, 0 Comments

Read Full Post

Engel & Völkers Park City Update

We hope everyone is staying safe and healthy.

At Engel & Völkers we are continuing to work hard in order to provide our clients with unparalleled service during this time. 

Call Linda or Jason with any questions you might have about the Park City real estate market.

Linda Sailer, Broker Associate  
+1 435.640.4816 | lsailer@utahskiproperties.com

Jason Racicot, Real Estate Advisor
+1 435.602.9294 | jr@utahskiproperties.com

9391 Views, 0 Comments

Read Full Post

Park City Restuarants

Our community joins many across the world in a unified effort to reduce the impacts of COVID-19. Summit County Health Department has determined that the closure of a wide variety of venues is critical to minimize further community spread. As a result, the county has prohibited all dine-in food service. Restaurants are permitted to offer take-out through curbside or drive-thru service. Menus and ordering information can be found at respective businesses websites. Additional offerings or changes will be updated as available. 
 
In addition to restaurant closures, many retail stores and experience venues have closed in support of social distancing and limiting community spread. Many of these merchants remain available through their…

3653 Views, 0 Comments

Read Full Post

Dear Valued Engel & Völkers Clients and Friends,

I would like to take this opportunity in our current environment to provide an update on the steps we are taking as a corporate community to be proactive. In this challenging time as we battle Covid-19 it is important for us not to panic or overreact, but instead be smart thinking and aware of our environment. We are implementing and following the guidelines we have been provided by the CDC and other reputable health organizations, which include frequently washing our hands, avoiding crowded areas and events, and staying at home if we do not feel well. Should we have any of the symptoms to immediately call our health care providers for advice.

We would like you to know that we are taking steps at…

1852 Views, 0 Comments

Read Full Post