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Park City General News

This category contains 38 posts

3rd Quarter Park City Market Stats are Here!

3rd Quarter 2015 Market Stats Park City, Utah – October 29th, 2015 Closed sales for the first nine months of 2015 are the highest since 2007 At the 2015 third quarter end, both the median sales price and the number of closed sales continued to trend upward despite the number of active listings hovering at … Continue reading

Summit County/Park City Construction Continues to Thrive!

http://www.parkrecord.com/summit_county-news/ci_28930582/summit-county-officials-say-its-another-record-breaking Summit County officials say it’s another record-breaking year for construction County planners busiest ever Angelique McNaughton, The Park Record Posted:   10/06/2015 05:04:21 PM MDT0 Comments The Hyatt House, located on State Road 224 at the base of Canyons Village at Park City Mountain, is one of several projects in the Snyderville Basin nearing … Continue reading

Park City, Utah 2nd Quarter 2015 MARKET STATS

The number of closed sales and total dollar volume for the first half of 2015 are the highest since 2007. The total number of closed sales, year-to-date, for the entire market area was 9% higher than the first two quarters of 2014 and was the highest first half of any year since 2007, according to … Continue reading

Affordable Housing Update in Park City at Quinn’s Junction

http://www.parkrecord.com/park_city-news/ci_28390804/park-city-heights-affordable-homes-delayed-two-months PARK CITY HEIGHTS DEVELOPMENT at Quinn’s Junction by Ivory Homes The first homes in Park City Heights go on sale Monday, but residents hoping to buy the development’s much-anticipated affordable housing will have to wait a few more months. Despite intense interest, developer Ivory Homes has yet to decide how residents can apply for … Continue reading

1st Qtr 2015 PARK CITY MARKET STATS!

Park City, Utah – May 18th, 2015 Number of sales for the first quarter of 2015 remains steady with prices rising gradually The total number of closed sales, including single family homes, condominiums, and vacant land, within the Greater Park City Area, for the first quarter of 2015 was 11.5% higher than Q1 of 2014 … Continue reading

Low Crime — A Positive Result of a Surging Economy in Park City, UT!

http://www.parkrecord.com/park_city-news/ci_28079354/economy-booms-park-city-crime-numbers-go-bust As economy booms, Park City crime numbers go bust Police Department reports there was a sharp drop in major incidents Jay Hamburger, THE PARK RECORD Posted:   05/08/2015 04:10:13 PM MDT0 Comments The Park City Police Department’s annual crime report for 2014 shows a sharp drop in crimes classified as major. Reports of major … Continue reading

WHY DID VAIL RESORTS HEAD DOWN UNDER?

http://www.bloomberg.com/news/articles/2015-04-30/vail-dealmaker-goes-down-under-to-lure-australian-skiers-north When Rob Katz, CEO of Vail Resorts, bought Podunk ski areas outside of Detroit and Minneapolis in 2012, some people in the business thought he was nuts. They probably knew better than to underestimate him as he added another obscure bump in March: Australia’s Perisher, where much of the snow is man-made and half … Continue reading

4th Qtr 2014 PARK CITY MARKET STATS

4th QTR 2014 MARKET STATS PRESS RELEASE Park City, Utah – January 23, 2015 Highest 4th Quarter sales since Q4 of 2005 with inventory at a new low Though the total number of closed sales, including single family homes, condominiums and vacant land, within the Greater Park City Area at year-end was slightly lower than … Continue reading

3rd Qtr 2014 PARK CITY MARKET STATS

3rd QTR 2014 MARKET STATS PRESS RELEASE Park City, Utah – October 31, 2014 Q3 of 2014 shows fewer number of sales compared to same time period in 2013, but median sales price is trending upward. The total number of closed sales, including single family homes, condominiums and vacant land, within the Greater Park City … Continue reading

2nd Qtr 2014 PARK CITY MARKET STATS

2nd QUARTER 2014 MARKET STATS Park City, Utah Though real estate prices in the Greater Park City Area are trending upward, the number of sales is down 9%. The number of closed sales in the Greater Park City Area dropped 9% in the second quarter of 2014 compared to the same time period last year, … Continue reading