Latest Blog Entries
Good News for Buyers and Sellers of Park City Real Estate
First, the good news for sellers: Sales are up dramatically for the first quarter of 2010. The number of sales in the Park City market is up 95%...
Read more...
First, the good news for sellers: Sales are up dramatically for the first quarter of 2010. The number of sales in the Park City market is up 95%...
Read more...
Park City Ranks 4 of 10 Best Places For Second Homes
Ranked right behind Maui, Kiawah Island, and The Hamptons, Park City, Utah rated as the fourth best place to buy a second home, according to a...
Read more...
Ranked right behind Maui, Kiawah Island, and The Hamptons, Park City, Utah rated as the fourth best place to buy a second home, according to a...
Read more...
Home Price Declines Diminishing, Heading Toward Positive Territory
A new report from the Standard and Poor's / Case Shiller Home Price Index indicates reason for optimism. Maybe cautious optimism is a better term....
Read more...
A new report from the Standard and Poor's / Case Shiller Home Price Index indicates reason for optimism. Maybe cautious optimism is a better term....
Read more...
Perspectives On The Park City Market
I recently read an article at the Park City Board Of REALTORS® website that had a lot of good perspectives from a number of experts on the Park City...
Read more...
I recently read an article at the Park City Board Of REALTORS® website that had a lot of good perspectives from a number of experts on the Park City...
Read more...
MLS Search
Site Map
| Park City Real Estate Shows Resilience |
| The Park City Board of REALTORS has released its numbers for 2009, and it's good news: we saw over $858 million in real estate transactions in the greater Park City area for the year. This is about a 17% drop relative to 2008, so why is it good news? Two reasons: one, compared to other resort areas in the U.S. —who in some cases have seen a nearly 60% drop in transaction volume from '08 to '09,—Park City has shown that it can retain value even when the economy is slow and other areas are much harder hit. And, two, looking into the data for 2009, we are seeing that sales are on the rise for single family homes in the area, surpassing the levels in 2008. It's no secret that Park City is a great place to raise a family, and it appears that the lower prices we have seen of late have drawn new families into the area. I'm excited by this report, and very excited for a great 2010. |
