Posts Categorized: Park City Real Estate Updates

Q1 2015 Park City Real Estate Stats

Number of sales for the first quarter of 2015 remains steady with prices rising gradually. The total number of closed sales, including single family homes, condominiums, and vacant land, within the Greater Park City Area, for the first quarter of 2015 was 11.5% higher than Q1 of 2014 and 18.5% higher than Q1 of 2013…. Read more »

Our Property Selling Services

The Summit Sotheby’s International Realty Difference To those who value the unique, Summit Sotheby’s International Realty is the local real estate provider that offers unrivaled access to qualified people and distinctive properties around the world. When you list your property with Summit Sotheby’s International Realty, you get a true international brand that can offer you… Read more »

Will an Interest Rate Increase Affect Park City Real Estate Inventory?

Interest rate increase for mortgages has been an especially hot topic since they reached historic lows a few years ago. This drop was initiated by the Federal Reserve following the recent global recession to support the recovery of the economy and housing market. But with recent indicators pointing to an improving economy, experts have have started… Read more »

2145 Bear Hollow Drive – Aerial Drone Video

Certain properties demand a higher level of exposure due to their architectural features, lot and view corridor. 2145 Bear Hollow Drive in Park City is one of these exceptional homes. Located on 2.7 private acres, this hideaway in the aspens is located on a rarely-to-market Cedar Draw Estates lot in Sun Peak. Please view the aerial… Read more »

Another Success in the Bear Hollow Neighborhood

House in Bear Hollow neighborhood sold in 4 days within 1% of asking! Christine’s listing at 5534 Cross Country Way in the Bear Hollow neighborhood is a great example of our current market conditions in Park City. This four-bedroom, 3,000+ square foot home priced at $619,000 came on the market on a Friday and was… Read more »

July Park City Real Estate Market Update

The summertime sales season has begun and the Park City Real Estate market is robust. Inventory has increased slightly, but the quality properties are going under contract in the first few days on the market with multiple offers. The lesson here, for buyers, is to get pre-qualified and have a dedicated agent who knows the… Read more »

Q1 Market Results Indicate Low Inventory, Rising Home Prices in Park City

When folks talk about real estate, certain clichés (location, location, location) come to mind. For buyers wanting to purchase in Park City, its coveted location is creating a situation where fewer houses available for purchase can create a challenge for prospective buyers as low interest rates create increased competition for the few properties available. According… Read more »