This is good news if you own a property you desire to sell, but waited. If you are a buyer, you waited too long. The median price of single family homes and condominiums in Park City is rising. All real estate is local and pricing trends vary by neighborhood and even condominium project. If you [...]
One Hyde Park is a condominium in London where apartments sell for nearly $12,000/square foot. Clearly this development is the ultimate in luxury that only the uber-wealthy of the world can afford. Many of the residences are owned by off shore trusts making it difficult or impossible to track the actual residents. The press has [...]
Although Park City is blessed with a plethora of fine dining options, as locals we are spoiled and love it when we have new choices. Hopefully, you will have an opportunity to try one or both of these new restaurants, located at Park City’s “Sky”, on Heber Avenue in Park City’s historic district. Table [...]
It is amazing to me that in a town the size of Park City, 17 single family homes listed above $5 million sold during 2012. Twelve of those transactions disclosed the sale price on the MLS and five did not. The average list price of the 17 homes was $7,453,000. The average disclosed sale price [...]
P.S.—IT INCLUDES A GOLF CLUB MEMBERSHIP VALUED AT $75,000 If you are interested in being part of one of the premium communities in the Park City area for a STEAL, I’ve got a great deal for you—but you have to act fast! The above lot is located at Red Ledges and is priced at just [...]
What a great time to visit Park City. I don’t understand why any full time residents would choose this time to leave, as the next couple of months are going to be great. The skies are sunny, the mountains are green, the days are warm and the nights are cool. Here are just a few [...]
In the opinion of the authors of a recent issue of Barron’s, the second home market is firming up and prices may soon begin to rise again. “While the era of picking up a choice second home at a deep discount is clearly not over, more scrutiny and discernment are required. The best bargains may [...]
Thirty-seven homes closed last month in the Park City area. Here is the breakdown by neighborhood: Blackhawk Station (Kimble Junction)-5 Jeremy Ranch-6 Old Town-3 homes Park Meadows-4 homes Pine Meadows (Tollgate Canyon)-2 homes Promontory-3 homes Silver Creek-3 homes Silver Springs-2 Sun Peak-1 Thaynes Canyon-1 Trailside-1 Upper Deer Valley-1 Summit Park-1 Old Ranch Road-1 Pinebrook-2 Chatham [...]