May 2016

Found 1 blog entry for May 2016.

Property prices continue to rise throughout Summit and Wasatch Counties

Statistics reported by the Park City Board of REALTORS®, at the close of the first quarter of 2016, indicated a steady annual increase of 6% in the median sales price for homes, condos and lots in Summit and Wasatch Counties. The PCBOR reports that prices have edged back up to where they were in 2007 but have not reached the market highs of 2008.

That is true when looking at the summary of the overall statistics. But we find that when looking at individual properties or property types in certain micro markets, we see many examples of homes and condos reaching new highs in prices, even exceeding the previous market peak prices of 2008. The overall market has been growing,

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