FIRST 3 QUARTERS – MARKET REPORT
Strong and steady! The Greater Park City real estate market’s overall sales volume, when comparing the first three quarters of 2016 to the first three quarters of 2017, was up 16% to $1.8B – all properties and all types. If the market continues at this rate, we will surpass 2016’s year-end sales volume of $2.1B. Overall, the Greater Park City market has seen a 9% increase in transactions and 7% increase in the average sold price. The increased sales volume indicates that our market continues to grow at a strong and steady pace in Greater Park City, and the outlying areas such as Heber Valley and Kamas. Notable influences on our market include recent acquisitions of Deer Valley Resort and Park City Resort and Canyons, lack of inventory in some areas, extensive remodeling, and new construction projects. Read on to learn about the diverse segments of our market.
For a print out version of the market report – click here.
For a print out version of the graphs – click here.