2015 Park City Year End Report

Want a bird’s-eye view on the real estate market in the greater Park City area from last year? Well, your wish is our command and Sotheby’s is here to help. The numbers speak for themselves and you can find them in the Summit Sotheby’s International Realty’s 2015 Report here.

Here are some of the main takeaways from the report:

• Single family home sales in units in the Wasatch County are up 18%
• Condo sales in units in Jeremy ranch are up 36%
• Average price of Lower Deer Valley condos are up 17%
• Old Town single family homes are on the market for an average of 94 days, down 10% from last year
• Pinebrook single family homes are up 30% in units sold and 38% in sold dollar volume

Woo hoo, Park City!

We invite you to review Summit Sotheby’s International Realty’s residential year-end market update for the Greater Park City area, comparing 2015 with previous years. This update also provides market data for Summit County, Wasatch County, 84060, 80498 and 25+ individual Park City MLS areas.

Market data provided includes Average List Price, Average Sold Price, Average Monthly Supply of Inventory among others and is broken out by Single Family Homes and Condominiums and Vacant Land.

PCMLS areas include: Aerie, Deer Crest, Empire Pass, Glenwild – Silver Creek, Jeremy Ranch, Jordanelle, Kimball Junction, Lower Deer Valley® Resort, Upper Deer Valley® Resort, Old Town, Park Meadows, Pinebrook, Promontory, Prospector, Silver Springs, Summit Park, Sun Peak – Bear Hollow, The Canyons, Trailside Park, Heber – Daniels, Midway – Charleston, Timberlakes, Kamas – Marion, Oakley – Weber Canyon, Wanship – Hoytsville – Coalville – Echo and Henefer, Woodland – Francis.

If you have any questions regarding real estate conditions in your neighborhood, turn to me, your local Summit Sotheby’s International Realty sales associate. No one knows the market better!