2023 Q3 Park City Real Estate Market Report

Park City Market Report Q3 2023.

With inventories returning to a more normal pre-Covid level, and competition for available properties still running strong despite record high mortgage interest rates, third quarter sales totals for single family homes in Summit and Wasatch counties were 46% higher than in second quarter, but the longer lens of year-over-year change showed sales dropped 25% while prices remained steady to up slightly. The median home sale price in the PCMLS primary market area increased just $10,000 for the year ending 9/30/23 vs. the same period ending 9/30/22. The quarterly increase in sales volume presages the direction consumers should expect to see in both prices and sales volume in the year ahead. This decrease in local…

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Utah Takes Top Positions in Ski Magazine's Western Rankings

Utah Ski Resorts Take 1st and 2nd Place in Ski Magazine’s Western Rankings.

Northern Utah is well represented in Ski Magazine’s list of the top 30 Western ski resorts, with Powder Mountain taking first place, Snowbasin coming in second and both Alta and Deer Valley making the top 10

Nearly every Utah resort broke some kind of record — Powder Mountain recorded its highest snowpack since 1977, according to Ski Utah, while Snowbasin had its longest season and most recorded snowfall ever.

In total, seven Utah resorts made the list:

• Powder Mountain - No. 1.
• Snowbasin Resort - No. 2.
• Alta Ski Area - No. 7.
• Deer Valley - No. 9.
• Snowbird Mountain Resort - No. 13.
• Park City Resort - No. 15.
• Brighton Resort - No. 17.

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Utah Happiest State in America

Happiest State in America: Utah

WalletHub released its annual “Happiest States in America” report, showing that Utah is the happiest state in the United States.

All 50 states were measured across 30 metrics, like depression rates, productivity, income growth, unemployment rates, sports participation rates, work environment and sleep rate. Upon analyzing the data, WalletHub revealed that Utah came out as the happiest state overall. Of notable mention was Utah’s remarkable volunteer rate, standing at an impressive 40.7 percent, surpassing Florida, the state with the lowest volunteer rate, by a striking 2.6-fold margin. In addition, Utah boasted the nation’s lowest separation and divorce rate, further enhancing its standing as a hub of…

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2019 Park City Year in Review Market Report

Park City Year End Market Report - 2019

At the end of the fourth quarter of 2019, the overall year-over-year housing statistics for Summit and Wasatch Counties continued to show strong appreciation with increases in both average and median sale price as well as dollar volume. The greater Park City market in general continues to show great stability in single family homes. The number of homes sold increased 4% with the median sale price rising 12% year over year. During the same period in 2018, the median sale price gained 7% indicating a sustained period of steady, consistent growth.

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Park City Utah Market Report | 3rd Quarter 2019

2019 3rd Quarter Market Report

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Summit & Wasatch County Show Steady Growth

Park City Board of Realtors Market Update

Park City, Utah - January 26, 2016

Summit and Wasatch County property prices rise at a steady market pace in 2015

At the end of the fourth quarter of 2015, the year-end statistics reported by the Park City Board of REALTORS® indicated a slow but consistent annual increase in both the number of closed sales and the median sales price for single family homes, condominiums and vacant lots in Summit and Wasatch Counties. The total dollar volume for 2015 was up 10% over 2014, reaching $1.85 billion, with single family homes sales accounting for the highest dollar volume by property type.

Single Family Home Sales
Within the City Limits (84060), the median sales price of a single family home was 17% higher…

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Vail Resorts to Invest an Unprecedented $50 million in Park City Mountain Resort in One Season

Vail Announces Resort Improvement Plans for Park City Mountain Resort

• More than $50 million of improvements in one season
• Most impactful capital program in history of U.S. ski industry
• Creates largest ski resort in U.S. with upgraded lifts and restaurants
• All projects are subject to appropriate regulatory approval

BROOMFIELD, Colo.—Dec. 8, 2014—Vail Resorts, Inc. (NYSE: MTN) today announced details of the company’s planned upgrades to Park City Mountain Resort for the 2015-2016 ski season. The plan, which totals over $50 million, is one of the most ambitious and impactful capital programs in U.S. ski industry history and will transform the guest experience at Park City Mountain Resort. The plan would establish the connection…

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2014 Q3 Park City Real Estate Market Statistics - Press Release

2014 Q3 Market Statistics - Park City, Utah

P R E S S   R E L E A S E
FOR IMMEDIATE RELEASE:

October 31, 2014
For further information, contact Park City Board of REALTORS®

Park City, Utah – October 31, 2014 – Q3 of 2014 shows fewer number of sales compared to same time period in 2013, but median sales price is trending upward

The total number of closed sales, including single family homes, condominiums and vacant land, within the Greater Park City Area in the third quarter of 2014 is 12% below Q3 of 2013, with single family home sales down over 16%, according to the Park City Board of REALTORS®. Though the number of sales is down, median prices continue to climb at a gradual pace.

Single Family Home Sales
By property type, single family homes…

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Silverado Lodge #211 - Canyons Village

Silverado Lodge Condos for Sale

Silverado is one of the cornerstone properties in Canyons Resort. Although it has only been around for two years. In 2011 Silverado introduced Bistro at Canyons. Ski Countries first and only Kosher style restaurant. This unit has awesome views of Canyons recently finished Golf Course. Amenities include heated year round pool and hot tub, workout facilities, front desk and bell service and meeting and conference rooms.
2 Beds, 3 Baths, 1,257 sqft.
Price: $419,000

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Westgate Resort and Spa Condo for Sale

Lodge at Westgate Resort & Spa Unit 4716B

Incredible views of ski runs and mountains. Full amenities and right in the middle of all activity including The Edge Steak house, Drafts Sports Bar & Grill and a few doors down from The Farm Restaurant . Amenities include: Serenity Day Spa, indoor/outdoor heated pool, 2 outdoor hot tubs, fitness center, steam and sauna, kid's club, arcade game room, tennis courts, owner's ski lockers, ski valet, ski lounge and shuttle service.

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