Winter has made its arrival known in Park City, with 8-10″ received in town yesterday, and the Deer Valley Snow Stake topping out around 15″ on the day! For anyone who was clinging to the last remnants of fall, there is now no denying that bike season is behind us and we’re moving full steam… Read more »
Posts Categorized: Park City Real Estate Updates
Park City Housing Market Update – Summer 2022 in Review
As summer comes to a close and hot sunny days give way to moody clouds and rain indicating fall has arrived in Park City, chatter surrounding the local real estate market remains steady. It’s never a dull moment in the housing and mortgage industries of late, with seemingly all eyes on pricing, inventory, and rates,… Read more »
‘Tis the Season for Property Taxes
Did you know … the practice of collecting property taxes dates back to ancient Egypt, Persia and China, where taxes were collected from farmers based on projected crop yield? William the Conqueror continued the practice in England during the Middle Ages, where Lady Godiva rode her horse while naked through town in protest. Property values… Read more »
Park City Housing Market Update – May 2022
Do you hear that? It’s the winds of change. Is it simply a change in the weather as Park City begins to fully embrace springtime temperatures and mountains shifting from white to green, or is there a real estate market shift taking place? With the value of Bitcoin being cut in half in the last… Read more »
Jordanelle Area Real Estate Developments – March 2022
Located just 10 minutes from Park City’s east entry on Highway 248, the Jordanelle area is a hotspot for new development; the entire area was master planned when the Jordanelle Reservoir was created in the 1990’s. This overview focuses on new developments where there is still “developer inventory” as several are under construction with pre-sold… Read more »
Park City Housing Market Update – March 2022
After a bit of a hiatus in January and February, winter has returned to Park City over the last week, with fresh snow blanketing town and sunny, bluebird days following the storms. Perhaps another “Miracle March” (or even April) is in order for more snow and moisture for the rivers and reservoirs? Time will tell…. Read more »
Park City Housing Market Update – October 2021
As I sit here writing this update and looking out the office window, Park City is coated in a brilliantly white blanket of fresh snowfall and it’s signature deep blue skies. If I didn’t know better, I’d say it looks more like mid-December than mid-October, the only difference being that the lifts aren’t spinning and… Read more »
The Summit Sotheby’s International Realty Luxury Listing Difference
To those who value the unique and exceptional, Summit Sotheby’s International Realty is the local real estate provider that offers unrivaled access to the most qualified people and most distinctive properties around the world. When you list your property with Summit Sotheby’s International Realty, you get a truly international brand that can offer you the… Read more »
Park City & Heber Valley Housing Market Update – March 2021
With March often comes the first preemptive pangs of Spring. These brief respites from mid-winter snow and cold are just enough to get a taste of spring skiing and après t-shirt weather, only for snow and mid-winter conditions to quickly return. Based on annual averages March is the snowiest month each season, and while the… Read more »
Park City Housing Market Update – February 2021
Snow, sweet, glorious snow. After a very dry start to this winter, it has been wonderful to see fresh flakes falling on Main Street (and of course at the ski resorts!) on a more regular basis over the last few weeks. Finally, snow banks are steadily lining the streets of Old Town, and the turns… Read more »