The Park City real estate market “might” have reached the bottom, but that does not mean we will see a “V-shaped” recovery…as mentioned previously on this blog, we will probably bounce along the bottom until the inventory gets reduced to a reasonable level…probably 2 more years.
Continue reading about Interesting article from Barron’s…10 Best Places for Second Homes
As we roar into March, the Park City real estate market is seeing some nice activity (relatively speaking) and our tourism numbers seem to be stabilizing.
Continue reading about Park City real estate market report, and a mid season look at tourism stats…
It looks like the auction that took place in Deer Valley’s Empire Pass Silver Strike Lodge opened the eyes of a few developers around town. In the Silver Strike auction the developer sold the 8 units that were available for auction, set the market price at roughly $750 per sq ft, cleared half the inventory in the development, and then saw a few more units go pending in the weeks after the auction. Just this past week these developments announced they are going
Continue reading about Real estate auctions becoming more popular in Park City and Deer Valley.
While traffic from President’s Day weekend around Park City begins to disperse, we have not heard of any of the Montage Deer Valley inventory going under contract yet….I would have thought at least a few people would have been waiting to jump on this release…We see what happens over the next few weeks.
From the looks [...]
The Montage Deer Valley hits the market, Park City real estate update, Sundance ends, and Park City Construction numbers hit the skids.
