FIRST HALF 2017 MARKET REPORT AND STATS

Stats-Newsletter

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 ... Read More

PARK CITY’S NEW ELECTRIC BIKE SHARE

Bike Share

On July 19th, Park City became the first city in the nation to launch an all-electric bike share program. There are currently 88 bikes at nine bike station kiosks around the city, including some in Kimball Junction, Canyons Village, Prospector Square, and Old Town, among others. What’s even better is that this is just the first phase, and phase 2 will launch next summer with even more bikes and stations! The bikes have a pedal-assisted lithium battery, which makes it easy for anyone to conquer hills all around to... Read More

FIRST QUARTER 2017 – REAL ESTATE MARKET UPDATE

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The single family home segment is strong with total closed volume up 39%, and the number of transactions up 23%. In Park City proper, properties that are priced below $2M move quickly and are not on the market for long. Each area of our market is very unique. Here are average single-family sales prices in popular areas: Old Town – $1.8M, Park Meadows – $1.8M, Silver Springs – $990,000, Jeremy Ranch – $1M, Heber Valley – $496,000 and Deer Valley’s is $4M. See below for entire market r... Read More

FOUR NEW DEVELOPMENTS IN DEER VALLEY

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New construction has been in demand the past few years, especially in the luxury market segment. Deer Valley has four new developments that are in different stages. Stein Eriksen Residences: The development is the newest addition to the luxurious and legendary Stein Eriksen brand, which has upheld a 5 star/5 diamond benchmark for many years. The ski-in/ski-out private homes and condominiums are sophisticated and contemporary and have many services and amenities on site. • Price range: $1,975,000 – $6,975,00... Read More

4 THINGS TO KNOW ABOUT AFFORDABLE HOUSING IN PARK CITY:

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In many high-end resort communities, it can be hard for many people who work full-time in town to afford to buy housing in town as prices continue to rise. Park City is addressing this issue and providing more affordable housing opportunities. By providing more affordable housing, Park City will increase the quality of life for full-time workers by allowing them to live in the town where they work, including (but not limited to) teachers, nurses, police officers and office workers. Below, we’ll go over a few impo... Read More

FIRST QUARTER 2017 MARKET UPDATE – GRAPHS

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The Greater Park City real estate market’s overall sales volume, when comparing the first quarter of 2016 to the first quarter of 2017, was up 44% to $605M. If the market continues at this rate, we will surpass 2016’s year-end sales volume of $2.1B. The number of closed transactions, including all residential property types, totaled the highest since 2006 – a 25% rebound. The increased sales volume indicates that our market continues to grow at a strong and steady pace in Greater Park City, and the outlyi... Read More

MARKET UPDATE – YEAR END 2016

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What a great year! The Greater Park City real estate market’s overall sales volume, when comparing 2015 to 2016, was up 17% and reached over $2.1 billion. The increased sales volume indicates that our market continues to grow at a strong and steady pace as it has done since 2009. Notable influences on our market include the lack of inventory in some areas, extensive remodeling and new construction projects. Read on to learn about the diverse segments of our market. Click below to read the Greater Park City Ma... Read More

WHAT’S NEW IN KIMBALL JUNCTION?

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Nestled on highway I-80 and bordered by the 1,200 acre Swaner Nature Preserve is Kimball Junction, which is part of Synderville Basin.  Kimball Junction is home to the Redstone Shopping Center where there are locally owned boutiques and cafes side-by-side with “big-box” stores and food-chains such as, Best Buy, PetCo and Café Zupas. The area is also well-known for the Utah Olympic Park, Tanger Outlet Plaza, and the off-leash trail Run-a-Muk. Kimball Junction has been experiencing retail and commercial growth ... Read More

WHAT ARE THE INTERIOR DESIGN EXPERTS SAYING?

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We called our friends over at Alder and Tweed, an interior design firm in Park City, to get an update on what’s hot this season. Here is what is currently trending: Factory windows: We love the pained glass and industrial look of factory windows and glass. For those clients who don’t want to take a risk or incur the expense of replacing the windows in their house, we think it looks great as a shower enclosure as well. Gold plumbing fixtures and hardware: Don’t think this is your parents 80̵... Read More

MARKET REPORT – FIRST 3 QUARTERS 2016

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The Greater Park City real estate market is strong and steady. The sales volume the first 3 quarters of 2016 compared to the first 3 quarters of 2015 is up approximately 25%. The market report, written by Principal Broker Jess Reid, highlights on a few notable changes in the area and more. Please contact us if you have any questions or if you would like a detailed overview of a specific area. Below are graphs that show details for each area and each type of property. ... Read More

PARK CITY REAL ESTATE MID-YEAR MARKET OVERVIEW

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1ST HALF OF 2015 VS. 2016 CHARTS

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Simplified charts comparing the first half of 2015 to the first half of 2016 for the Greater Park City and for the Deer Valley real estate market. ... Read More

PREPARING FOR A SALE: IT’S NEVER TOO EARLY

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Tom Ward, Associate Broker at Jess Reid Real Estate since 1994 If you are thinking of selling a home, either in the near-term or in a few years, you will want to solicit professional advice on how to best prepare. Home staging is of course the act of preparing a private residence for sale to appeal to prospective buyers.  A good agent can walk into a home and point to things (both large and small) that will make the property more universally appealing.  In addition, home staging professionals have defined guideli... Read More

RUNNING WITH ED 2016

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Every year the Park City Education Foundation hosts Running with Ed, a 10-leg, 38 mile, running relay to raise money for the Park City Schools. This year Jess Reid – Christie’s International Real Estate had a team of runners participating. Watch the video for a recap of their fun day! Running with Ed – Jess Reid – Christie’s International Real Estate from Hilary Greene on Vimeo. ... Read More

MOUNTAIN RETREATS BOOKLET – CHRISTIE’S INTERNATIONAL REAL ESTATE

Mountain Retreats

We are excited to have two of our properties in Park City featured in Christie’s International Real Estate’s Lifestyle Collection. The Mountain Retreats book features homes from around the world that are tucked away in the mountains. To view an electronic version of the book or if you would like a hard copy contact us today! ... Read More

DEER VALLEY MARKET OVERVIEW

Deer Valley Resort Brief Market Report and Statistics Single family home statistics by subdivision Condominium statistics by subdivision ... Read More

THIN AIR PARK CITY INNOVATION FESTIVAL

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We are excited to kick-off the Thin Air Innovation Festival tomorrow in Park City, as sponsors! The Thin Air Innovation Festival will be the first tech conference ever to be held in Park City. This year’s topic will be Innovation in Human Performance. The event will bring about 1,200 founders and CEOs of tech companies from around the world to Park City. It will be held April 6-8, 2016 and the theme this year is Innovation in Peak Human Performance. The event kicks off April 6th at the Eccles Center with K... Read More

10 COOL TO DO’S WINTER OR SUMMER IN PARK CITY

Bud Flyfishing

Looking for something new to do? We are so fortunate to have so many things to do each season in Park City! Contact us if you have any questions or if you need more recommendations!  1. Catch some rays on a rooftop bar at No Name Saloon or Boneyard. No Name Saloon is a must-see bar in Park City. They are located on Main Street and they have a rooftop bar that offers great views of Main Street. The heated lamps in the winter and summer allow you to enjoy the rooftop deck year round. Boneyard, located on Kearns... Read More

WINTER 2016 NEWSLETTER

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Every quarter we put together interesting material about what is happening in Park City and share with you all updates we have on the Park City Real Estate Market. In this newsletter, we share the end of year stats for 2015 and compare the market to 2014. To read the entire newsletter click here and sign up to receive our newsletters directly to your inbox here! ... Read More

BRIEF MARKET REPORT – 2014 COMPARED TO 2015

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MARKET REPORT – PARK CITY REAL ESTATE 2015 MID YEAR Click below to view the market report: The Greater Park City real estate market’s overall sales volume was up 10%, when compared to 2014, to $1,850,000,000. The market is improving at a steady pace, although it is a segmented market. It was a great 2015 with almost all sectors of our market showing positive gains. Read on to learn about the diverse segments of our market. The single family home segment is healthy and with the total closed volume up 16%,... Read More

RARE NEW PROJECT IN EMPIRE PASS – ONE EMPIRE PASS

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We have the inside scoop on One Empire Pass, the new ski-in, ski-out development in Empire Pass, Deer Valley that has an estimated completion date of winter 2017-2018. One Empire Pass will have 27, three and four bedroom, units that will feature spectacular views of Deer Valley Ski Resort, Old Town Park City and the Uintas. The project is being designed and managed by a team of seasoned developers from East West Partners. East West Partners has conceived many successful projects including: Shooting Star, Larkspur... Read More

INTRODUCING APEX THE FIRST SKI-THROUGH VILLAGE DEVELOPMENT

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We are excited to have information about the newest project in Canyons Village, Apex. Apex will be the first ski-through development in Canyons Village at Park City Mountain. Canyons Village  is the base of the, now, largest ski resort in North America. With $50 million dollars in improvements made by Vail Resorts, Park City Mountain now offers: • Over 7,300 skiable acres, 2 gondolas, and 38 lifts • Only a 30 minute commute to Salt Lake City International Airport • New on and off-mountain dining options A... Read More

TALISKER FORECLOSURES DONE!

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Written by: Jess Reid As of today, November 17th, 2015, the final foreclosure sale was conducted for Talisker properties at the County Courthouse. The underlying lender, Wells Fargo, made a credit bid for $35M for the properties in Summit County only. On October 29th, Wells Fargo also made a winning credit bid for $35M for the Wasatch County based properties. Arrowleaf in Upper Deer Valley At the foreclosure sale, there were approximately 70-75 people attending. However, the only bid was placed by Wells Fargo. No o... Read More

MARKET REPORT – 1ST 3 QUARTERS – 2014 COMPARED TO 2015

1st 3 Quarters

For a copy that you can print or download – click here ... Read More

SIX FABULOUS SKI-IN, SKI-OUT CHALETS

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With winter right around the corner, we have the ski-slopes on our mind. What’s better to dream about than sitting in your own ski-in, ski-out residence by the fire, watching the snow fall outside? We have put together a list of our favorite ski-in, ski-out homes that we currently have listed. Take a look inside and see for yourself what the slopes of Deer Valley Resort and Park City Resort have to offer. We’ve got you covered with these six fabulous ski chalets:   ... Read More

MEET: ELIZA MORRIS

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Eliza first experienced Park City when she was two years old, navigating the slopes on her family’s annual ski trip to Deer Valley Resort. After many adventures, Eliza is privileged to raise her own family in the same mountains, calling lower Deer Valley ‘home’ for the past 10 years. ... Read More

WHAT’S NEW AT PARK CITY MOUNTAIN?

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Over $50 million in capital improvements are being made at Park City for the Winter 2015/2016 season! Miner’s Camp will replace the old Snow Hut and will have 500 indoor seats and additional seating outdoors. We are also especially excited to ride the new Quicksilver gondola that will connect Park City Mountain Resort and Canyons into #oneparkcity!   Click here for more details and more improvements. Need a seasons pass? Click here for an Epic Pass! ... Read More

MARKET OVERVIEW – MID YEAR 2015

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MARKET REPORT – PARK CITY REAL ESTATE 2015 MID YEAR Click below to view the market report: The Greater Park City real estate market has the highest number of closed sales and total dollar volume, for the first half of the year in 2015, since 2007. The market is growing at a steady pace and is showing many notable improvements. The overall sold volume for our market is up 6% to $827,826,405, for the first two quarters. Single family homes have an average sales price of $1,047,661 and the number of sales is... Read More

DINING WITH A VIEW IN PARK CITY, UTAH

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The summertime is for spending as much time as humanly possible outside. With the summer in full swing and Savor the Summit already checked off our to-do list, we decided it was time to compile our list of favorite restaurants that each have their own unique outdoor dining atmosphere. Our top 5 favorite restaurants with outdoor decks, patios and rooftops for dining in Park City: 1. Silverstar Café – located at the base of Park City Mountain Resort (PCMR) Comfortable patio with a mountain view Brunch on Saturday... Read More

TOP 4 PARK CITY ADVENTURES – SUMMER 2015

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There is so much to do in Park City and the surrounding areas during the Summer. Below are 4 of our favorite mini adventures that you can do in the afternoon or during a weekend! Have fun! Park City SUP Yoga – Park City SUP hosts stand up paddle-boarding classes and lessons at Deer Valley Pebble Beach. It is located behind the Deer Valley Plaza Café, in the same building that our sales office is in. Stop by the café for breakfast or lunch and then get out on the water!Click here  to see a calendar of events ... Read More

PARK CITY MARKET SNAPSHOT – GENERAL TRENDS

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To better understand the Park City Real Estate market we crunch stats each quarter. Our most recent “Park City Market Snapshot” includes simplified graphics so you can see changes from the first half of 2014 to the first half of 2015. Contact us today if you would like us to hook you up with one of our agents to learn more about a specific area and to learn more about market trends!   ... Read More

COME GET SILLY AT THE PARK CITY SILLY MARKET!

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For the second year in a row Jess Reid – Christie’s International Real Estate is a sponsor of the Park Silly Sunday Market. We are excited to be helping this local non-profit throw a party on Park City’s Historic Main Street every Sunday. From 10am to 5pm every Sunday (June 7th – September 20th) hundreds of unique vendors line up the street featuring gourmet foods, fine art, jewelry, sustainable products, clothing and more! There is also a Farmer’s Market located up the street with local Utah prod... Read More

WHISKEY WEDNESDAY – JESS REID – CHRISTIE’S INTERNATIONAL REAL ESTATE VISITS BLUE SKY

Blue-Sky-Barrels

As wine enthusiasts, we pride ourselves on being experts when it comes to “pairings”. So, when our team heard that whiskey was being distilled, in combination with an “American West” mountain resort setting in Wanship, UT, we jumped at the opportunity to see how the “pair” would impress locals and visitors of the Greater Park City area. We headed out on “whiskey Wednesday” to Blue Sky, the 3500 acre ranch about 20 miles from Park City off of I-80. After passing through a gated entry, we were shuttle... Read More

WE HEARD IT FIRST! – DIANE FOSTER, CITY MANAGER VISITS SALES MEETING

Diane Foster

Every Tuesday Jess Reid – Christie’s International Real Estate holds a weekly sales meeting. Our sales team reviews the newest listings, learns and visits new developments and has public speakers visit our office, etc. We were pleased to welcome Diane Foster, Park City’s – City Manager, and expert on anything and everything Park City. Diane filled us in on what’s happening in PC. We talked about traffic concerns, new projects, parking, the city’s budget and Vail’s improve... Read More

LUXURY HOMES FEATURED WORLDWIDE!

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When you list your luxury property with Jess Reid – Christie’s International Real Estate you are exposing it to a world-wide network of buyers that are looking for luxury homes. Each and every one of our high-end properties are advertised through Christie’s International Real Estate, on their website and in print media. The links to these properties on their sophisticated website get hundreds of views each day. Buyers for luxury homes in the Park City and Deer Valley area are often International b... Read More

ENDLESS ACTIVITIES AT VICTORY RANCH

Victory Ranch Blog - Fishing

The “activity day” at Victory Ranch for the Jess Reid – Christie’s International Real Estate team, may be the most scenic golf game played this season or possibly one of the most fun days our sales team will have this summer. Regardless, the activities at Victory Ranch are hard to beat. The residents and owners of Victory Ranch have a private playground in their backyard. The breathtaking view from the 17 hole looking towards Deer Valley and the Jordanelle! The experienced Outfitters Team showed... Read More

EXPERIENCE THE SERENITY OF NATURE ONLY 20 MINUTES FROM PARK CITY AT VICTORY RANCH

Victory Ranch Blog

Our team at Jess Reid – Christie’s International Real Estate disconnected from our daily routine to enjoy endless adventures and to learn more about the real estate at Victory Ranch. Twenty-one minutes after leaving the office in the heart of Park City, we arrived at the gate and crossed that bridge the runs over the four miles of the Provo River that is exclusive to Victory Ranch, a community in the Heber/Park City area. Looking down the Provo river from the bridge. We were greeted by the friendly staff as we ... Read More

PARK CITY IN THE “OFF SEASON”

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The transition from winter to summer in Park City can slow things down a little, however that doesn’t mean there aren’t plenty of things to do in the off season. Locals and visitors alike can enjoy all of their favorite spots on a more intimate basis and receive great deals. Shopping: Local stores like Whimsy, Olive & Tweed, Mary Jane’s, Prospect and Fararsha Boutique offer special incentives and amazing clearance deals. Retailors Jans and Cole Sport host bike swaps along with end of the season sa... Read More

First Quarter Year-to-Year Stats – Park City Real Estate Market

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The newest, most up-to-date Park  City Real Estate stats are in! We have simplified and made them easy to comprehend. We look at the first quarter of 2014, months January – April, and compare them to the first quarter of 2015, months January – April. We compare the entire volume of Greater Park City, number of transactions and average sold price. Then we break it down into different types of properties, condos, single family homes and vacant land. Finally, we separate Deer Valley from everything to ta... Read More

FOLLOW JESS REID REAL ESTATE ON INSTAGRAM

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We are excited to announce Jess Reid – Christie’s International Real Estate has an Instagram account, you can follow us at: jessreidrealestate. See exclusive real estate of Park City and the surrounding Utah areas.  We will also be highlighting the Park City lifestyle, which includes the great outdoors, social scenes and anything else happening. If you love Park City and all it has to offer then follow this Instagram account!   ... Read More

SPRING IS IN THE AIR – PARK CITY REAL ESTATE NEWSLETTER

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Spring is in the air and we have a lot of exciting things to share with you! Our newsletter is a combination of lifestyle, business and real estate in Park City. We love to share with you some of our favorite properties and give you an insider’s look at what is going on in our town. Please sign up for our newsletter if you haven’t by clicking here. To read the most recent Spring newsletter click here. Contact us today if you have any further questions. ... Read More

JESS REID GOES TO BEVERLY HILLS – CHRISTIE’S GLOBAL OWNER’S CONFERENCE

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We welcomed back our Principal Broker, Jess Reid, this week after a successful trip to Beverly Hills to attend the Christie’s Global Owner’s Conference. Reid and brokers from around the world joined at the spectacular Beverly Wilshire Hotel and Resort. They heard from speakers, including architects, artists, and marketers during the day, and networked and dined at night. An awards dinner, honoring brokers for extraordinary sales, marketing techniques and more, was held at the Los Angeles County Museum of Art. ... Read More

HOW WILL THE NEW TALISKER TROUBLE AFFECT CURRENT PROPERTY VALUES AND TALISKER MEMBERSHIPS?

Talisker

Tuhaye’s Clubhouse So far we are not seeing any negative impact on Deer Valley real estate sales related to Talisker because of this foreclosure. Talisker’s Tuhaye golf community has already been impacted negatively during the great recession. However, Tuhaye has another new clubhouse nearing completion and should start to recover along with the rest of the Greater Park City Real Estate Market. Talisker club memberships could be impacted in the short run. However, like the Talisker real estate involved in t... Read More

WHAT A GREAT PARK CITY WINTER – NO KIDDING!

Canyons Pond Skim 2015

In spite of this winter being one of the lowest snow years we have ever seen, it’s been an exceptional season. Overnight lodging and skier days have been extremely strong and the town has been full of happy visitors enjoying groomed skiing, gorgeous sunny days and exceptional outdoor dining options on the mountains. It is always such a pleasant and unique experience for our visitors to be able to sit on one of the decks at the ski resorts and have lunch outside in the middle of the winter. There are still plen... Read More

PARK CITY REAL ESTATE MARKET OVERVIEW

PC

The Greater Park City real estate market continues to improve. Our real estate market is growing at a slow but steady pace; many believe this sets the stage for positive long term growth. The overall sold volume for all areas and all properties in 2014 was up 10% from 2013 to $1.6 billion. Condominiums and vacant land are leading our recovery. Until recently, they were lagging behind single family homes. Now, more vacation home buyers are re-entering the marketplace and buyers are confidently purchasing land for co... Read More

THREE PARK CITY HOMES THAT BRING THE OUTDOORS IN

Promontory

It’s the first week of Spring, and we have been enjoying the outdoors later and later each night until the sun sets. These three homes are the perfect place to relax and enjoy the outdoors from your own retreat. They encompass vistas you could look at for hours, patios that the whole family can enjoy, backyards that are suited for entertaining and more! 3304 Blue Sage Trail –  Promontory – $4,099,904 Quite literally, this home brings the outdoors in. Perched above the 1st hole of the Pete Dye Golf C... Read More

LET US SHOW YOU THE WORLD – WHAT’S NEW WITH OUR AFFILIATES?

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When you list your home with Jess Reid – Christie’s International Real Estate your property is listed nationally and internationally through our affiliations with Leading Real Estate Companies of the World (LREW) and Christie’s International Real Estate. Our resources through our affiliations provide us with a network larger than any other luxury home network – in the world. This allows us to successfully market and sell your property, whether it is a local, or someone that lives halfway across the worl... Read More

HANDLE RESTAURANT EARNING RAVE REVIEWS

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Handle opened this past summer in Old Town and has been a local as well as tourist favorite. Handle is located in the Gateway building on Heber Ave, with an atmosphere that is stylishly contemporary while being welcoming at the same time.  Executive Chef, Briar Handley, formerly of Talisker on Main, along with wife Melissa Gray has seen their vision through.  Handle offers specialty cocktails along with an impressive wine list.                         &... Read More

FIVE TIPS FOR FIRST-TIME HOMEBUYERS IN PARK CITY

PCMR Square

You moved to Park City for the powder and stayed for the endless trails in the summer. You managed to save some cash and you are ready to buy your first home and stop living with roommates and paying high rent for seasonal leases. You are starting to think it might be a good idea to buy your own place you can call home. So, where do you start? Here are five tips to start the process of buying your first home in the Greater Park City area: 1. Meet with a mortgage broker to see within what price range you can afford.... Read More

FIVE FABULOUS CONDOS UNDER $500,000 IN PARK CITY

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Living in Park City, Utah doesn’t always need to come with a huge price tag. Reasons why people love living in the “Best Town Ever” include; rolling out of bed in the morning to ski or ride one of three ski-resorts, striking the dirt to hike, run and mountain bike over 300 miles of maintained trails and our small-town charm and community! Living in a condo association takes some maintenance responsibilities off the hands of the homeowner, which saves time and money so you can enjoy the reasons why you moved t... Read More

PARK CITY AND DEER VALLEY EVENTS

PCMR Square

Park City is the ultimate ski vacation destination with three world class resorts within the city limits. This winter is already proving to be full of that world famous Utah powder with 70 inches of fresh snow this past week and more in the forecast. Each resort, Deer Valley, Canyons & Park City Mountain Resort, offers a unique experience. Deer Valley: This strictly Skier Mountain is regularly voted top ski resort in the country and it’s easy to see why. Deer Valley offers luxurious amenities including ski v... Read More

VAIL RESORTS TRANSFORMATION OF PARK CITY – PLANS

Canyons Blog

Vail Resorts Inc. will be investing $50 million into Canyons and Park City Mountain Resort in the next year. It will be one of the biggest improvement plans to date. Major upgrades will take place throughout the year, including an Interconnect Gondola that would combine the two resorts, making it the largest ski resort in the country. Other upgrades that Vail Resorts plans to implement include expanding chair lifts, increasing snow making capabilities, restaurant renovations along with basic maintenance. Click ... Read More

SKI CHALETS – CHRISTIE’S INTERNATIONAL REAL ESTATE

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As the exclusive affiliate of Christie’s International Real Estate in Utah, we are able to see some of the most exceptional ski properties around the world. People who share a passion for skiing appreciate the architecture and convenience that our ski-in, ski-out real estate in Park City and Deer Valley offers. We are thankful that three of our ski homes in Park City and Deer Valley were featured by Christie’s International Real Estate in a recent album titled “ski chalets”. These luxurious ... Read More

SUNDANCE FEVER 2015 – PARK CITY, UTAH

Sundance

It’s full on winter in Park City, Utah and that means the Sundance Film Festival, the largest independent film festival in the United States, is happening right now. The world renowned festival takes place January 22nd through February 1st 2015 at multiple venues throughout Park City and Salt Lake City. The festival started by Robert Redford in 1985 is entering its 37th year. Click here to see a history of the Sundance Film Festival. Do you have your tickets yet? Tickets and packages are still available and if y... Read More

NEW DINING IN DEER VALLEY – AT THE BRASS TAG!

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Deer Valley is offering a new dining option this winter with the opening of The Brass Tag. Conveniently located in the Lodges at Deer Valley in Snow Park, it is an ideal spot to meet friends for drinks or enjoy a cozy dinner. The Brass Tag offers a wide selection of dining options specializing in brick oven cuisine. Selections from the menu include Black Angus New York Strip, House-Cured Duck and Parma Prosciutto Flatbread, Tandoori-Rubbed Quail and Steamed Clams in Herbed Broth. They also have a variety of gluten ... Read More

DEER VALLEY OPENS IN 17 DAYS!

Kim Square

With only 17 days until opening day at Deer Valley Resort, we thought it would be appropriate to have Kim McClelland, Director of Lodging Operations of Deer Valley, visit the Jess Reid – Christie’s International Real Estate office to update on what is new at Deer Valley this season. Kim McClelland and Steve Sandlin showed up promptly at 8:30AM on Tuesday to speak to our 30 cheery-eyed REALTORS – there is snow on the ground and that’s a reason for happiness at 8:30am, for anyone who lives in a ski-town. ... Read More

WEATHER FORECAST FROM PARK CITY!

Snow-Forecast

Good Morning from Park City! It is cold, it is snowing and the snow-guns are blowing. We are looking forward to our first opening day of the season at Park City Mountain Resort in 10 days! ... Read More

PARK CITY: UTAH’S CULINARY HOTSPOT

Silver Restaurant

Park City was featured in the most recent issue of Via Magazine, a publication by AAA. Read the article here to learn more about featured restaurants and to learn more about Park City’s transition of mining to dining. Contact us today and tell us where your favorite place to dine in Park City is! ... Read More

GREATER PARK CITY REAL ESTATE MARKET OVERVIEW

2014 Real Estate Statistics

The Greater Park City real estate market continues to improve. Our real estate market is growing at a slow but steady pace; many people believe this sets the stage for positive long term growth and appreciation. We are on track to finish slightly stronger than 2013 at just over $1.6 billion dollars. Condominiums and vacant land are currently leading our recovery. Until recently, they were lagging behind single family detached homes. Now, more vacation home buyers are re-entering the marketplace and more buyers are ... Read More

GREATER PARK CITY AND DEER VALLEY REAL ESTATE STATISTICS

2014 Real Estate Statistics

Believe it or not, we are already through the third quarter of 2014! After the end of each quarter we compare sales volume, number of transactions and average sales price for all types of properties in Greater Park City and Deer Valley. Take a look at our real estate statistics to see how single family homes, condominiums and vacant land sales in 2014 compared to 2013 for the first three quarters. Greater Park City Deer Valley ... Read More

HAPPY 20TH ANNIVERSARY TOM WARD!

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Tom Ward brings the same steady loyalty to his customers that he has brought to the company for 20 years. “Tom is the greatest. He has hung in there with me through thick and thin. During his 20 year tenure Tom has been a consistent producer for the company, while operating at the highest level of integrity. Thank you, Tom!” – Jess Reid ... Read More

PROMONTORY MAINTAINS A HIGH STANDARD OF LUXURY LIVING

Promontory

Promontory is one of Park City real estate’s premier mountain communities. Whether you want to relax by the fire at the new family-friendly clubhouse, “The Shed”, mountain-bike or hike trails out your back door, or play a round of golf on one of Promontory two signature golf courses, Promontory has it all. Our team at Jess Reid – Christie’s International was invited to Promontory this week to get an update on sales in the community and preview the next new golf clubhouse. Below are highlights from our con... Read More

BILL WHITE STRIKES AGAIN – BILL WHITE FARMS

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So, you may have noticed a bit of construction going on across from the entrance to Ranch Place on Highway 224, about a mile off I-80 on the way into town. Another development project, you think? No. Bill White, famous for his local branch of restaurants, is restoring the previously historic 1938 Hixon Farm. Bill White Farms restoration of the Hixon Barn. If you have ever dined at one of Bill White’s restaurants, you know that many of the delicacies on the menu are farm-to-table. Bill White’s mission to enhance... Read More

VAIL COMES TO PARK CITY – WHAT DOES IT ALL MEAN?

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As you have probably heard, Vail acquired Park City Mountain Resort from Powdr Corp for 182.5 million dollars. Fortunately, litigation is over and the worry that PCMR may not open for the 2014/2015 ski season is over. The acquisition was a surprise for many of us and it’s taken us a couple of days to wrap our heads around the whole thing. Here is our answers about questions we have been hearing, that are opinion based: What does the future hold for the Canyons and Park City Mountain Resort (PCMR)? We expect to se... Read More

PARK CITY REAL ESTATE MARKET UPDATE

Avg Sales Price SF

The Greater Park City Market continues to recover from the great recession. Comparing the first six months of 2013 to the first six months of 2014, we see improvement. The total sold volume of all property types/all areas is up 9% ($766,000,000) and the number of transactions is up 2%, in 2014. The average sales price is up 7% to $743,000.While we are all grateful for a recovering real estate market, the improvement varies depending on the area, price range and/or property type. Condominiums and vacant land are cur... Read More

PARK CITY AND DEER VALLEY REAL ESTATE STATISTICS

Greater Park City RE Stats

Here are the most recent updated statistics comparing the first half of 2014 to the first half of 2014. The Greater Park City graphs show the sold volume, number of transactions and average sold price for single family homes, condominiums and vacant land for all of the areas on the Park City Multiple Listing Service. We also broke out Deer Valley neighborhoods and analyzed their sold volume, number of transactions and average sold price for all types of properties in Deer Valley. Stay tuned for a brief mar... Read More

SPRINGTIME IN THE ROCKIES

Snow-June-17th

Springtime in the Rockies Snow in June? In Park City anything can happen. We have been biking, running and enjoying the trails since the ski-resorts closed in late April and we got a surprise snow-storm on June 17th. The trails were dry and we needed the rain. The temperature dropped and the rain turned into snow. But, we can’t complain because when the snow melts it will make everything more green. Temperatures in the forecast are looking warmer next week! ... Read More

WHO WE ARE AND WHAT WE CAN DO FOR YOU

Listing Presentation

Are you thinking about selling your home, condo or lot in Park City? Our listing presentation explains who we are and what we can do for you. Please contact us today if you have any questions. ... Read More

JESS REID ON MOUNTAIN MONEY IN PARK CITY

Media 2

  Jess Reid was featured on Mountain Money, a Park City local KPCW radio show, on Monday April 28, 2014.  Jess was invited on the show to talk about the Park City real estate market – as the company Jess Reid – Christie’s International Real Estate celebrates its 30th year in the local real estate market in Park City. Jess explains what has changed in Park City over the past 30 years and what has changed in the real estate industry. Jess returned the weekend before from a 17 day trip to Europe to attend ... Read More

NEW AND NOTEWORTHY IN PARK CITY – PUBLIK COFFEE ROASTERS AND BONEYARD SALOON

Boneyard

Publik: “We believe in quality over quantity, community over corporate, planet over profit” says the new coffee shop on the block, Publik Coffee Roasters. We would say this mantra fits well with Park City’s high-standards of a tight-knit community and quality food and products. Publik Coffee Roasters is now open in the space where Park City Coffee Roasters formerly was, in the Kimball Art Center. The Salt Lake City coffee roasting company opened their doors with flavorful brews and a fresh take on food offe... Read More

LUXURY REAL ESTATE ON FIRE

Bonnie Sellers

Bonnie Stone Seller’s, CEO of Christie’s International Real Estate, was featured on a recent episode of Fox Business to weigh in on the state of luxury real estate. The feature is titled “Luxury real estate on fire”, which tells us immediately that things are looking good in the world of lux real estate. Seller’s begins by giving us the major stat from the Christie’s Annual Report, which indicates that luxury real estate sales are up 20% since last year. The demand is stronger and the days that luxury r... Read More

ONE WASATCH – THE FUTURE OF THE “GREATEST SNOW ON EARTH” IN UTAH

OneWasatch

Imagine being able to buy one single lift ticket and being able to ski or ride 7 resorts in Utah. One Wasatch is a new ski-link concept that was presented last month by Ski Utah, the trade company that represents Utah’s 14 ski resorts. One Wasatch would enable Utah locals and visitors to ski or ride at Deer Valley, Park City Mountain Resort, Canyons, Brighton, Solitude, Snowbird and Alta. It would put Utah on a whole new level being able to ski or ride 18,000 skiable acres, 100 lifts and 700 runs with one lift ti... Read More

OFFICE SPACE IN THE CENTER OF PARK CITY – FOR LEASE

Jess Reid's Building

Highest traffic most visible location in town. Main floor corner office/retail space, signage is available for qualified prospect. Great private parking, remodeled building inside and out. Rare opportunity for a great retail/office space for both locals and tourists surrounded by Olympic Park, open space, Snow Creek shopping center and liquor store. Beautiful finishes and views of the ski mountain. Fully furnished including phone system! (see LA, re:inventory) High speed Internet available, 4 providers already in t... Read More

Jess Reid – 30 years – Still alive and kicking

Jess-Reid

One day, while supporting a local car wash, Jess Reid paid with his credit card. The cashier glanced at the name on the card. “Jess Reid?” he said. “I have been driving by the Reid Building for years and I thought you were dead.” It has been a joke ever since. Reid, founder and president of Jess Reid – Christie’s International Real Estate, not only has an iconic building in Park City but has also been a mover and shaker in the city for the past 35 years. “I meet so many peo... Read More

Top Producers of 2013

We would like to congratulate our Top Producers of 2013 for all of their hard work. Matthew Sidford was our sales person of the year, Andy Levine as the second Top Producer, and Rich Meeboer Sr. was the third Top Producer. We are proud of the entire team at Jess Reid – Christie’s International Real Estate for a great year and a strong start in 2014!   ... Read More

Summit Park: A secluded community close to everything

Summit Park

Tim Maney, a Jess Reid – Christie’s International Real Estate Realtor, recently helped his sister Brenna settle into her new house in Summit Park. It’s obvious why Brenna lives in Park City, like her brother Tim; she loves skiing and loves to be in the mountains – like many people who call Park City home do. But we wanted to know why Brenna, a former Prospector resident, chose to buy real estate in the Summit Park community. Brenna what is your favorite thing about living in Summit Park/Timberline? I lo... Read More

Stein Eriksen Residences – The next generation of the Stein Eriksen brand

Stein Eriksen Residences Exterior

The Stein Eriksen Residences is the newest luxury development in Park City. It is situated on six acres at 7,800 feet in Upper Deer Valley and is within a mile of Park City and the Stein Eriksen Lodge. The development is the newest addition to the luxurious and legendary Stein Eriksen brand, which has upheld a 5 star/5 diamond benchmark for many years. The ski-in/ski-out private homes and condominiums are sophisticated and contemporary and have many services and amenities on site. Highlights include a spa, dinin... Read More

Western Home Journal – Real Estate Roundtable

“Western Home Journal hosted its second Park City real estate round table amid a light snowfall coating the lingering leaves of autumn. Discussion began by taking the temperature of the real estate environment for greater Park City as we likened the market to a struggling patient affected by the downturn. The surprise in the market’s condition is the health of the recovery.” -Western Home Journal, Winter/Spring 2014   ... Read More

The Town (Park City) Stays in the Picture – Wall Street Journal

Sundance draws tens of thousands of movie fans to Park City, Utah, where real-estate agents sell them homes BY:NANCY KEATES                          Real-estate agents wine and dine the Hollywood set during the Sundance Film Festival, knowing that many of the attendees will return to the host town and eventually buy property there.  Reuters Park City, Utah, has managed to maintain its low-glitz, down-to-earth image despite all the celebrities who own homes there—from Johnny Carson in th... Read More

Park City Life – Behind the Faces

Principal Broker, Jess Reid, was recently featured in the most recent issue of the Salt Lake Magazine in the “Park City Life” section. “Behind the Faces” gives you a personal look at some of Utah’s well- known Parkite’s including Bob Wheaton, Kathy Volz and Jess Reid. “You’ve seen them on the slopes, at Sundance screenings and the post office, but what do you really know about these well-known Parkites? We have the scoop.”   ... Read More

Three Luxury Condos Worth Their Weight in Silver

Looking for a cozy, updated and luxurious get-away, with the best snow on Earth right outside your door? Look no further. These three luxury condos are at the heart of this old mining town, and are worth their weight in silver. Ironwood Townhome This Ironwood townhome truly encompasses all of the luxury Deer Valley has to offer. Ironwood offers ski-in/ski-out access and there are various upgrades throughout this property – Quarter sawn oak floors throughout, three custom stone fireplaces, meticulously crafted... Read More

Old Ranch Road: A Country Feel in a Bustling Town

Tom Johnson, a former resident of Prospector Park has just moved into his new house on Old Ranch Road with his wife, Lisa. Looking for a quieter neighborhood with more land and sweeping views, associates at Jess Reid Real Estate helped the Johnson family handle the sale of their Prospector home and find their perfect empty-nester house in the up-and-coming Snyderville basin area on Old Ranch Rd. With the Swaner Nature Preserve to the front and open space to the back, their cozy new home has views guaranteed for a l... Read More

Christie’s New York City Christmas Cheer

Tom Ward, of Team Park City from Jess Reid-Christie’s International Real Estate, visited New York City recently. Ward visited the Christie’s International auction house in the city on Friday December 6. The Christie’s building is located adjacent to Rockefeller Center, where the night before the iconic Christmas tree was lit for the season, a New York City holiday-staple. “Huge sales happen each and every day at the auction house in New York City” said Ward. It just so happened that the day that Ward visi... Read More

Greater Park City Area Real Estate Market Overview

Park City’s real estate market continues in a strong steady recovery mode.  Closed sales volume for all property types in the greater Park City area is up approximately 50% in 2013 vs. 2012.  Closed sales for 2013 will exceed $1.5 billion vs. $1 billion in 2012. Average sales price for all property types is up 5% to $695,000. Inventory levels are at historic lows and it’s hard to know when they will start to move up with very little new construction underway. This means that there are fewer choices for buyer... Read More

From Backwater to Boomtown

Jess Reid – Christie’s International Real Estate’s, Principal Broker, Jess Reid is featured in the most recent issue of Park City Magazine. Jess explains the lifestyle in Park City back in the 70’s and how Park City has evolved to become the “Best Town Ever“, according to Outside Magazine. Jess explains that, “Park City’s a little like me: just keeps getting better with age.” Jess Reid-Christie’s International Real Estate is celebrating their 30th yea... Read More

A new gondola from Main Street to Deer Valley?

It is no surprise that Deer Valley was awarded as the number one resort in the United States at the World Ski Awards. Surprisingly, you may be hearing rumors that a new gondola from Main Street to Deer Valley is in the works. This would put Deer Valley on a whole new level – literally. Our inside sources in Deer Valley say a slopes-to-shops gondola will help increase their competitiveness and will be another entry point to the slopes. This would cut down on vehicular traffic and need for parking which would benef... Read More

Bill and Charlie Fiveash are on the Road to Epicness

Bill Fiveash is a skier and real estate extraordinaire plus an effortless comedian. Bill’s son Charlie, is a skier extraordinaire, a gastronomic monster and a really lucky middle school aged boy that got to miss school to ski 26 resorts in 30 days with his Epic Dad. We have been following Bill and Charlie as they race around the world to epicness – a chance to win a Epic Pass for life. An Epic Pass is a seasons pass valid at all Vail Resorts. They have been catching air everywhere, in the mount... Read More

Welcome Tim Maney

Join us in welcoming Tim Maney to the Jess Reid-Christie’s International Real Estate team! ... Read More

All Arrowleaf Condos on Open House Tour Wednesday, November 13, 10-1pm

All Arrowleaf condominiums in Upper Deer Valley are on Open House Tour today! ... Read More

Welcome Gary Moe!

Join us in welcoming Gary Moe to the Jess Reid – Christie’s International Real Estate team! ... Read More

Welcome Bill Fiveash!

Bill Fiveash recently joined the Jess Reid-Christie’s International Real Estate’s team. Bill was formerly the Vice President of Real Estate Sales and Marketing for both Talisker and East West Partners. Bill joins the company focusing on Resort Development sales and will also play a role in recruiting and training for the Jess Reid – Christie’s International Real Estate. ... Read More

Jess Reid Chasing Wild Buffalo? Yikes!

Antelope Island, October 25, 2013 – Jess Reid and long-time friend Dean Berrett participated in their 23rd consecutive wild buffalo roundup for the state of Utah. Yep, that’s right these old guys are really that crazy. They camped out for 4 nights on Antelope Island in the middle of the Great Salt Lake, OMG! Jess Reid sits on his horse on Antelope Island with a herd of buffalo and Salt Lake in the distance. The island is a state park and the 750 buffalo are the purest strain of bison left in North America ... Read More

Tips for Sundancing

With the first blanket of snow, Park City local’s gears change fast, from single-track and golfing to snow-dancing and “Sundancing”. It is never too early to start thinking about “Sundancing”. If you are new to town or have never experienced Sundance as a local, then read on and learn from the pros. The sooner you buy your tickets for Sundance the more money you save for après-ski on Main Street plus you score better seats, movies and parties, which equal an unbeatable Sundance experience. Sundance will ... Read More

Website Wednesday – Greater Park City & Deer Valley Neighborhood Summaries

Need to get familiar with the Greater Park City area? We have made it easy with our detailed neighborhood summaries on our website. We are happy to share with you what we think makes each neighborhood particularly unique. Each neighborhood summary includes: A description and highlights about the community Hyperlinks to important local organizations and landmarks in the community Low and high real estate prices for single family homes, condominiums and vacant land Links – to map search single family homes, cond... Read More

Welcoming Winter with the Youth Sports Alliance

Co-hosted by former Olympic freestyle skiing medalist Shannon Bahrke and Olympic freestyle skier Sean Smith, the 33rd JANS Winter Welcome will be held this Saturday evening, October 26, 2013 at Deer Valley’s Silver Lake Lodge. This is a fundraiser for the Youth Sports Alliance (formerly Youth Winter Sports Alliance) which supports junior athletes from Summit and Wasatch Counties on snow and ice. There will be dining, dancing and bidding on auction items. Tickets start at $250 with table sponsorships at $2000. Opp... Read More

Website Wednesday – Social Media

Since the launch of our new website we have also increased our use of social media. We encourage you to enjoy the benefits of our constantly up-to-date blog and social media sites and join our conversation on these sites. Via social media, we will share valuable information such as market updates, new listings, real estate news, Park City and Deer Valley events, news and more!  This Website Wednesday, we would like to share with you the other places that we are online so that you can find us no matter where you ar... Read More

Greater Park City Area Real Estate Market Overview – Is it getting better?

By: Jess Reid – Principal Broker Park City’s real estate market continues in a strong steady recovery mode.  Closed sales volume for all property types in the greater Park City area is up more than 31% in 2013 vs. year to date 2012.  Average sales price for all property types is up 5% to $683,000.  We are already at a billion dollars in closed sales with 3 months left to go, so we should easily surpass 2012’s year-end sold volume of $1.2 billion. Inventory levels are at the lowest they have ever been ... Read More

Welcome to our new website!

We are so excited to launch a new website that was long overdue. We took our time to build our website with everything that you could ever need when buying or selling a house in the Greater Park City area. To help you get the most out of our new website, this will be the first post of a new series we will call “Website Wednesday”. Each Wednesday we will take you on a tour of our website and tell you about highlights of the site, how to search easily and how to save searches – right on our own site! For this... Read More

Luxury in London

Since 1823 the global headquarters for Christie’s, the world’s oldest fine auctioneer, has been located on King Street in St. James. James Christie made the first sale in London on December 4, 1766 and the brand continues to sell fine art, jewelry, wine, furniture and real estate in London. Matthew and Terry Sidford, two agents at Jess Reid – Christie’s International Real Estate, had the pleasure of visiting London and the Christie’s International Real Estate and Art Auction House headquarters in London. ... Read More

Red Cloud Rendezvous – Wednesday, October 2nd!

For the first time ever, all three residences that are for sale in the exclusive Red Cloud community in Deer Valley will be on the Open House Tour this week. See below for details: ... Read More

SKI Magazine Ranks Park City’s Three Ski Resorts in the Top 10

The Park City area’s three ski-resorts were all named in the top ten in “Ski Magazine’s Top Ski Resorts in the West” list. The most recent issue of SKI Magazine hit the shelves this September and it was no surprise to see Deer Valley, Park City Mountain Resort and the Canyons in the top ten. For the second year in a row Deer Valley was named as the 2nd best ski-resort in the West, Jackson Hole was named number one this year. The consecutive five years before that, Deer Valley was number o... Read More