We are enjoying tons of Utah Poweder out here! Here are some numbers to look through….
Median prices for 2007 and 2008 and the percent change for Single Family Homes:
North Summit (Coalville)2008 $396,213 2007 $380,000 +4.3%
South Summit
2008 $360,000 2007 $342,500 +5.1%
Park Meadows
2008 $1,500,000 2007 $1,532,000 -2.1%
Prospector
2008 $785,000 2007 $797,000 -1.5%
Old Town
2008 $1,505,325 2007 $1,264,375 +19.1%
Lower Deer Valley
2008 $1,975,000 2007 $2,037,500 -3.1%
Upper Deer Valley
Only 4 Sales in [...]
Well we made it through another Sundance, and are alive and well. It was a little slower than usual, but as a local it was actual nice to get out and enjoy some events.
Since last Thursday we have got over 2 feet of snow! Sunday and Minday were great powder days….especailly off Mayflower in Deer [...]
As Sundance starts and sends excitement throughout the town, there is another reason for some to be excited….the parties involved in the Promontory bankruptcy case have all agreed on the reorganization plan! Here is the letter from the legal team to members:
I’m happy to tell you that Promontory’s lawyers advised the Bankruptcy Judge this morning [...]
Continue reading about Promontory groups agree on bankruptcy plan
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
Update on the Promontory development in Park City, Utah…from Rob and Rachel
