Over the past week we have seeesaten 71 properties come on the market, 20 go under contract, and 14 close escrow. Of note:
ACTIVE:
-Aspen Springs lot at $895,000….great views in an area where lots rarely come available.
-Deer Valley home at $1.995m; 5bd/5ba, 4286 sq ft, $465psf….not too bad of a deal in an area that has seen its prices hold up relatively well.
-Deer Valley townhome at Silver Lake at $829,000; 3bd/2ba, 1576 sq ft, $526psf….great price for the location and rental income.
-Flagstaff unit at Deer Valley’s Empire Pass for $3.06m; 3bd/4ba, 2140 sq ft, $1430psf…it should be an interesting winter as far as sales at the ski in/ski out properties.
-April Mountain home at $1.375m; 4bd/4ba, 2925 sq ft, $470psf….not a bad starting point for this one, and it is in a great location….close to Deer Valley and Main St.
-Development opportunity at the Canyon’s for $9.5m; 25 steps from the Frostwood Gondola. Plans approved for 123 units. Includes pre-sale reservations. Amenities already completed in Phase 1 include: pool, hot tub, front deck & check in, spa, business center, theatre and more. Plans are almost completed. Seller financing available. Seller to consider J.V. partner to build the project….could be a good opportunity for the right investor/developer.
-Glenwild lot at $575,000….good deal on this one.
-Promontory home for $2.7m; 5ba/6bd, 6700 sq ft, $403psf…the lower homes in Promontory have dipped well below the old $500psf mark!
PRICE CHANGE:
-Deer Valley condo down $55,000 to $995,000; 4bd/3ba, 2765 sq ft, $360psf…this unit has rental income over $80,000!
-Flagstaff unit in Deer Valley’s Empire Pass down $200,000 to $3.36m; 3bd/4ba, 2140 sq ft, $1570psf.
-Thanyes Canyon home down $300,000 to $1.995m; 4bd/5ba, 4200 sq ft, $475psf….maybe still a little high.
-Newpark unit down from $617,500 to $557,500, 2bd/2ba, 1042 sq ft, $535psf….still too high!
-Glenwild home down $800k to $2.495m; 4bd/5ba, 5000 sq ft, $499psf….looks like these folks really want to sell.
-Promontory home down to $899,000; 3bd/6ba, 5339 sq ft, $168psf….DEAL OF THE WEEK!
PENDING:
-Arrowleaf unit in Deer Valley’s Empire Pass at $2.375m; 3bd/4ba, 1996 sq ft, $1190psf….not a bad deal.
-Mountain Ranch Estates home at $1.975m; 5bd/5ba, 5460 sq ft, $362psf…nice ppsf.
-Promontory home at $1.6m; 4bd/6ba, 5968 sq ft, $268psf….great deal for the buyer!
CLOSED:
-Pinnacle unit in Deer Valley at $912,000; 4bd/4ba, 3530 sq ft, $258psf…another good deal.
-Bear Hollow unit at $299,000; 3bd/2ba, 1155 sq ft, $259 psf…great deal!
-Another Bear Hollow unit at $340,000; 3bd/2ba, 1330 sq ft, $256psf….not bad here either.
Things to Consider...
Related posts:
Related posts brought to you by Yet Another Related Posts Plugin.
Tags: arrowleaf, aspen springs, bear hollow, condo, deals, deer valley, development opportunity, empire pass, flagstaff, frostwood gondola, glenwild, lot, market update, mountain ranch estates, Newpark, park city, parkcitywire, pinnacle, promontory, real estate, Rob and Rachel, talisker, thaynes, the canyons, townhome, tuhaye, unit, utah
