As we approach the end to another great (albeit bi-polar) Winter, the market is showing some signs of life. The negative side of things is that we are still having trouble getting Buyers financed, and all the while inventory is rising. On the positive side there are about 3 properties a day closing and about [...]

Continue reading about Park City market relatively active, but inventory is piling up…Countdown to Promontory auction too!

admin on January 13th, 2009

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. Here is a [...]

Continue reading about Sliding into 2009, and awaiting Promontory hearings

As we look at the mid-year activity in the outlying areas in Park City, we see a 50% decrease in activity but prices have increased. The area in discussion is everything past the White Barn except Jeremy and Pinebrook….so it covers Promontory, Glenwild, Old Ranch Rd, Canyons, Bear Hollow, Redstone, Tuhaye, and the Jordanelle.
SINGLE FAMILY [...]

Continue reading about Midyear report on the outlying areas/developments of Park City