Park City Real Estate News

Park City real estate news and information in Park City, Utah.

Found 57 blog entries about Park City Real Estate News.

Park City is a great place to live and do work. People love the mountain life where the mentality is ‘work hard, play hard.’ Here in PC, work-life balance isn’t a goal, it’s a given.

Most Parkites engage in some version of the following scenario: bike up a mountain before heading in for a morning product development meeting; then get in a gym session at lunch. There is a feeling of both accomplishment and empowerment that easily transitions from the play side of life to the work side of life, and those feelings enable business-people to feel like they can conquer the challenges that may lie ahead.

A huge advantage that local businesses have is a close proximity to the ‘silicon slopes’ of Salt Lake City, a hub of technological innovation. Another great

1,091 Views, 0 Comments

Park City Midyear Market Report - 2016

This comprehensive bi-annual report is designed to give an overview of Summit and Wasatch County real estate. We think our clients should have access to information that facilitates thoughtful real estate decisions. All statistics are based upon Park City Board of Realtors MLS data for the period of 1/1/16 to 7/1/16.

The Park City Market remains highly segmented. Our town, its neighborhoods, and outlying areas differ significantly in terms of price, home type, and lifestyle. For example, Heber Valley’s real estate options span historic homes to expansive ranch properties. Data interpretation, judgment, and historical context are key elements to making informed decisions: Contact your local BHHS Utah agent for

1,107 Views, 0 Comments

Park City, Utah 2016 First Quarter Market Statistics

Park City, Utah - May 3, 2016

Overview

Property prices continue to rise at a sustainable rate throughout Summit and Wasatch Counties
Statistics reported by the Park City Board of REALTORS®, at the close of the first quarter of 2016, indicated a steady annual increase of 6% in the median sales price for single family homes, condominiums, and vacant lots in Summit and Wasatch Counties. Specifically in the Single Family Home sector, prices have edged back up to where they were in 2007 but have not reached the market highs of 2008.

Single Family Home Sales

Though the number of Single Family Home sales was down 12% within the Park City Limits (84060) and 4% in the Snyderville Basin (84098), the

1,272 Views, 0 Comments

Park City Real Estate Market Report - Year End 2015

This comprehensive year-end market report is designed to give an overview of Summit and Wasatch County real estate. We feel that our clients should have access to information that facilitates thoughtful real estate decisions. All statistics are based upon Park City Board of Realtors MLS data for the period of 1/1/15 to 1/1/16.

The Park City market remains highly segmented. Our town, its neighborhoods, and outlying areas differ significantly in terms of price, home type, and features and amenities. For example, while Deer Valley and Prospector share the same zip code, average single family home prices in these two neighborhoods differ dramatically. Data interpretation, judgment, and historical

1,291 Views, 0 Comments

Park City Board of Realtors Market Update

Park City, Utah - January 26, 2016

Deer Crest Ski Home

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%

1,146 Views, 0 Comments

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

ROOMFIELD, 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 between Park

2,478 Views, 0 Comments

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

2,386 Views, 0 Comments

Pinnacle Townhomes For Sale | Park City Utah

A 4 bedroom/4 bath luxury townhome located in Deer Valley, an ultimate location for skiing in the winter, biking and hiking in the summer.  Vaulted ceilings and wood beams throughout with different levels of living space for families and friends.  Well-appointed kitchen includes cherry cabinetry, granite slab countertops, breakfast bar and vaulted dining area.  Walk out onto one of the 2 decks with stunning mountain views.  Great room accented by hardwood floors, a  2 story fireplace, wood beams and huge windows.  Spacious master suite with tub and shower. Sauna, family/rec room, wet bar, hot tub are additional features.  Walk to Main St for dining and shopping or catch the free bus.  Also shuttle to

2,184 Views, 0 Comments

 

 DEER VALLEY RESORT AGREES TO PURCHASE SOLITUDE MOUNTAIN RESORT

  DEER VALLEY TO TAKE OVER OPERATIONS MAY 1, 2015
 

DEER VALLEY RESORT, PARK CITY, UTAH (October 3, 2014) – Deer Valley Resort has entered into an agreement to purchase Solitude Mountain Resort and will begin operating the resort on May 1, 2015.

“Solitude is an incredible resort and provided a huge opportunity for us to expand our offerings right here in Utah,” said Bob Wheaton, president and general manager of Deer Valley Resort. “Solitude is in unique position with their widely varied terrain that attracts both local and destination skiers. We are ecstatic to be able to add the resort to the Deer Valley® family.”

“The DeSeelhorst family has enjoyed being a part of Solitude’s

1,683 Views, 0 Comments