Wow, another report of statistical real estate data showing some impressive numbers. It has continued to be a very busy selling season in the greater Park City area, and we just don't see any signs of a significant slowdown anytime soon. At the end of the first Quarter of 2019, in comparing year over year, we again see a slight decline in unit sales but an increase in price.
The entire Park City MLS, if we include all residential, fractional and commercial properties, saw 2,864 properties sell, compared to 2,686 for the prior 12 months. That is only a difference of 6% and is still a staggering amount of sales activity for this small (but growing) resort community. Even more impressive is the sheer volume of just over $2.5 Billion in closed sales.
It's that time of year again, when the ski resorts in Park City close, but we are still getting amazing snow in the higher elevations. One option to enjoy the powder is to head over for a ski day at Brighton or Snowbird. Brighton typically stays open through the third week of April, while Snowbird will run as long as there is snow - for 2019 they will probably go into June. Driving to either Brighton or Snowbird is less than an hour from Park City and is a real treat since our PC resorts have been closed for a couple weeks.
EASILY RENT SNOWMOBILES AT DANIELS SUMMIT
Another really fun way to enjoy the last few snow storms is to head over to Daniels Summit for a day of snowmobiling. Daniels Summit is only about 35 minutes from Park City, and with
With this epic ski season winding down, one might think there is little to do during mud season in Park City. But they would be wrong! The Egyptian Theatre never rests, and will continue to present award-winning entertainment. From musical performances to stage shows, springtime at the theatre is filled with memorable shows, including the annual Park City Follies. The ever- popular, entertainment event of the year is happening April 26th through May 5th and is packed with local talent. This must-see show is loaded with humor and satire and showcases local talent in a variety of performances that endearingly poke fun of our mountain town and various current events. Seeing your friends and familiar faces on stage and in the audience makes this a
Pink Park City is the one day of the year for people to come together to ski or snowboard for a cause that hits home for most. The first pink day was held in Vail in 2012 as an event to support breast cancer but has since grown to support all types of cancer research. This cancer-fighting experience brings the community together in celebration and support of the Huntsman Cancer Institute in Salt Lake City. Participants register and solicit donations on their own personal fundraising page, with 100% of the donations go to fund cancer research.
The event includes a day of skiing, live music, food and activities at Park City Mountain. Tons of swag will be handed out in giveaways and drawings. There will be deck parties at four Park City Mountain
Free live music! What better way to kick off the spring season in Park City and wind down after a day of skiing, than a fun après-ski concert? Spring Gruuv is a longtime Canyons Resort tradition that has been embraced by the combined Park City Mountain. It’s a fabulous way to celebrate spring skiing that is accompanied by warmer temperatures and extended daylight hours. From now through the end of the ski season, attend multiple live music concerts at both the Park City Mountain Village and the Canyons Village each Saturday. From rock music to smooth, soulful bluegrass, there is sure to be band or two on your must-see list. And the shows are free!
Spring fundraising in Park City allows locals and second homeowners to support some of their favorite organizations that give so much to the local community all year long. Whether you attend an event or quietly make a donation online, your financial gift will pay large dividends throughout the year in assisting these organizations to build solid foundations, make lasting partnerships and gain even more supporters throughout the year. The two major fundraisers that kick off the spring season are Red, White & Snow which benefits the National Ability Center and the semi-annual KPCW Pledge Drive for our community radio station.
March 7-9
Red, White & Snow is the National Ability Center’s premier fundraising event, currently celebrating its 15th
The practice of yoga has been around for centuries. Originating in India, yoga was introduced to America in the late 1800s. Since then, yoga has grown tremendously in popularity. In fact, millions of people practice yoga on a daily basis. There are several boutique yoga studios throughout Park City that will teach you how to move your body, train your mind to ward off anxiety and focus on mindfulness. Yoga is especially helpful after a day of skiing all that pow or to stretch and loosen your muscles beforehand!
Enlighten Wellness
Through a variety of yoga classes, the instructors at Enlighten Wellness introduce the fundamentals of yoga along with proper alignment and breathing. Choose from Hot Flow, Vinyasa Flow & Express Vinyasa, Hatha Yoga and
There is nothing quite as thrilling as “breaking trail” for outdoor enthusiasts. One way to experience this winter’s incredible fresh, often untouched powder is on a snowmobile. As long as you plan ahead and have all the necessary gear and provisions, you can ride for miles through the backcountry and experience some stunning wilderness that is easily accessible from Park City. Snowmobiling is an adrenaline-inducing activity and a terrific activity for non-skiers and those looking to take a break from the slopes.
Rocky Mountain Outfitters
This is the place to check out for year-round fun and adventure. Tour guides escort snowmobilers along the Heber Valley using only the latest models of snow machines. Tours are private, and outdoor clothing is
The 2018 year-end housing statistics for Summit & Wasatch Counties, as reported by the Park City Board of REALTORS®, revealed a diverse and mixed market. While there was a 7% decrease in the number of home sales, the Wasatch Back saw a 7% increase in median price.
Looking at the entire Park City MLS, for all product types, we have enjoyed a trend of upward momentum in units sales since the low in 2009. With eight years of increased activity, we now finally see a slight decline for the year end results of 2018. The 2001 through 2005 increase of activity was a much more dramatic increase in sales, and probably too much too fast. The last eight years we have had a steady increase, and possibly a healthier outcome for the real estate market.
The Park City area is welcoming new residential ski resort developments, which is fantastic news for those interested in homeownership opportunities near the ski slopes. Many of them feature a wide array of amenities to be enjoyed year-round while offering luxurious residences. These developments are largely designed with vacation homeowners in mind, and they can provide nightly rental income for investors as well. Park City continues to grow in popularity for second homeowners as it offers relative value compared to other Western ski towns, unrivaled proximity to an international airport, and a vibrant town with abundant cultural and recreational opportunities.
Below, we have highlighted the newest developments in Park City, Deer Valley, and
