FIRST QUARTER 2017 MARKET UPDATE – GRAPHS
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 outlying areas such as Heber Valley and Kamas.