FIRST HALF 2017 MARKET REPORT AND STATS

FIRST HALF 2017 MARKET REPORT AND STATS

It just keeps getting better! The Greater Park City real estate market’s overall sales volume, when comparing the first half of 2016 to the first half of 2017, was up 15% to $1.17B – 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 10% increase in transactions and 4% 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 lack of inventory in some areas, extensive remodeling, and new construction projects. Read on to learn about the diverse segments of our market.

To view stats for the first half of 2017 compared to the first half of 2016, see below: