GOOD DEALS in Park City…Market Update

A market update detailing all the amazing deals in Park City right now due to the down market and our great inventory of homes and lots.

Interesting mid-year report from Park City "proper"

While the number of sales has fallen off 39% in Park City proper (in-town), the other vital statistics have not changed much and we have seen an increase/appreciation in condo and lot #s:
SINGLE FAMILY HOMES:

2007 stats from 1/1/07 to 7/14/07
-Ave Sales price $2,376,000
-Ave PPSF sold $496psf
-Ave Days On Market 185
2008 stats YTD (though [...]

The market is heating up a bit and Promontory news

Just before the long weekend, the bankruptcy court approved dip financing that will continue operations at Promontory through January 2009. Pivotal (the current developer of Promontory, who was forced into Bankruptcy in March) provided the financing from one of their other Pivotal company…the judge ruled that the two companies, Pivotal Promontory and the other Pivotal [...]

Market Update – Happy Friday!

MARKET UPDATE:Over the past week we’ve seen 55 properties come on the market, 32 close, and 31 go under contract.
Of note:ACTIVE:-Fantasically priced home in what has turned out to be a hot Lower Deer Valley market. It comes in at $1.883m; 4660 sq ft, 5bd/4ba, $404 psf.-Great deal on an income generator in Upper Deer [...]

Pleny of Buyers for Deer Valley & Deals to be Had at Tuhaye

Going on in the Park City Real Estate market in the past day or so, there have been 25 properties come on the market, 18 go pending, and 12 close.
Of note:
PENDING:-Golf Club Cabin at Promontory at $2,250,000; 3460 sq ft, 4bd/6ba. Looks like there are still buyers, even though a cloud still hangs over the [...]

A Little Positive Info For a Monday Morning

This update is a little delayed due to the fact that Rob and I took a little trip to New Orleans to attend the wedding of a friend. We had a great time in the “Big Easy” but as usual we are grateful to be back home!
At the end of last week, the Park City [...]