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.
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…
As 2009 creeps in, we have seen a decent amount of activity in the market…nothing great though, and inventory is rising a bit. We have 29 properties go under contract since the first of the year and 25 close escrow (about 2 per day). However, 106 new properties have come on to the market. [...]
Continue reading about Sliding into 2009, and awaiting Promontory hearings
Park City, Utah Real Estate Market Update info for locals and visitors
Park City Real Estate Market Update for properties in the area, to let our readers know what’s come onto the market, what’s gone pending and what’s closed
