Park City Utah Real Estate Blog

All Three Park City Resorts in the Top Ten!

The most prominent ski resort rankings for 2014 are out. This week SKI Magazine released the results of it's annual reader survey that ranks North America's ski resorts in a variety of categories, from snow and grooming to off-hill activities. All three of Park City's ski resorts placed in the top 10. Deer Valley is No. 2, Park City Mountain Resort is No. 5 and Canyons is No. 10. Last year was the first in which Deer Valley, PCMR and Canyons all finished in the top 10 overall in the West and that feat is turning into a trend.

This year has a new No. 1: Jackson Hole Mountain Resort. Jackson Hole has made a rapid ascent in the SKI rankings. Last year it was sixth. Before that, Jackson Hole had never

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Sundance will no longer conflict with MLK holiday through 2026

Park City leaders and the organizers of the Sundance Film Festival finalized an agreement to keep the top domestic marketplace of independent films in Park City Utah through at least 2026, crafting a deal that won support from the tourism industry in addition to City Hall and the festival. The agreement starts with the 2014 festival, scheduled this upcoming January, and includes an out option for the final three years, which could allow the festival to relocate after 2023. Sundance will keep its Utah offices at the Silver Star ski-in, ski-out development through at least 2023. Both sides worked for months on the deal, almost exclusively in private meetings.

Additionally, the new

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"Can I sell my home on my own, as a For Sale By Owner?" 

As the real estate market continues to heat up, many homeowners are questioning if they can sell on their own and save on the commissions that would be paid to a real estate agent. Yes, you could try it yourself, and you might be succesful, and you might save some money - but, it is a risk. Selling real estate is more complicated than people would think. When a real estate transaction goes through smoothly, most sellers and buyers do not quite realize that the smoothness may have been from the expertise and professionalism of the Realtors involved. However, if you want to know a little more about selling on your own, we have some good info for you below.

 

Steps to Selling Your Home on

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Construction has begun on a brand new real estate development in the Silver Lake area of Upper Deer Valley. The project has long been referred to as North Silver Lake, but will now be named the Stein Eriksen Residences. The developer, Regent Properties, has recently restarted construction of the infrastructure and a model home. The new development will include a mix of homes and condos for sale, situated at the intersection of Deer Valley Resort's "Last Chance" and "Silver Dollar" ski runs. Most residences will have spectacular views and all will have ski-in / ski-out access. The site has been entitled for 38 luxury condominiums in five buildings and 16 townhomes and single family residences, for a total of 54 units. All residences will have access to

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Simple, there is just so much to do, in great weather!

If you are new to Park City, here are a few ideas of events, festivals and fun things to do while in town. As locals, we get to enjoy outdoor recreation all year long, summer and winter. It's one of the main reasons why Outside Magazine readers voted Park City Utah as the "Best Place to Live in America". This page has a few ideas for you to try while in town. As always, feel free to call or email us and we'll be happy to share more info with you.

LIFT SERVICED HIKING AND MOUNTAIN BIKING

All three resorts now offer great options for lift-serviced mountain biking and hiking. You ride up the chairlift with your bike hanging on the next chair, and cruise on down through an assortment of

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"Best Town Ever" According to Outside Magazine readers who voted for the Best Town in America to Live for 2013. Park City appears on the cover of the magazine, showcasing a mountain biker on the Lost Prospector trail overlooking Old Town Park City. The cover says: "America's Best Towns. 18 Perfect Places to Live".

To find the winner they started with the American College of Sports Medicine's annual list of the country's 50 healthiest cities, then added a few small and mid-sized towns that the metro-centric pool had overlooked. Next they went to the experts, the true experts. They called on runners, bikers, surfers and climbers to help narrow the finalists to the top ten list where it's easy to eat healthy, find work, quickly access great trails,

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We often are asked "Where is a great place to hike in Park City?" So, we finally have gotten out ourselves and have been exploring some great hikes that have been recommended to us over the years. As an avid mountain biker and skateboarder, I simply have not dedicated much time to hiking. Wow! Was I amazed to find a few of these great hikes that we have right in our backyard. A few weeks ago we posted about a great hike off of Guardsman Pass going up the ridge to Peak 10,420'. It was a beautiful high elevation hike with distant views. And that was only the tip of the iceberg!


Lake Mary at Brighton Ski Resort

We recently went over to Brighton ski resort to hike up the Lake Mary Trail. It was so amazing, that we went back the next day and did the

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PRESS RELEASE

 - August 2, 2013

Park City Enjoys Largest Quarter of Real Estate Sales in Five Years.


Both the number of sales and the median sales price are up over last year's numbers in the Greater Park City Area according to the 2013 second quarter statistics released by the Park City Board of REALTORS®. With a total of 991 sales to date — a 19% increase over the same time period in 2012 - the first half of 2013 had the highest number of sales since the first half of 2007. In fact, the number of sales is 21% higher, by quarter, than any quarter in the last five years. The total sales dollar volume is also up 19% over the same time-period last year, reaching over $698 million to date, which is also the highest total dollar volume since 2007. The

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Great news for season pass holders at Park City Mountain Resort and Deer Valley Resort. The two Park City resorts, along with Alta and Snowbird in Little Cottonwood Canyon have agreed to offer ski passes to visit each resort. This will be a "thank you" benefit to season pass holders this winter.

The four resorts have set their own requirements for the eligibility of their pass holders. For Park City Mountain Resort, all 2013-14 season passholders who add at least one "My Pass. My Way" features will receive 3 free 1-day lift tickets each at Alta, Deer Valley and Snowbird resorts during the 2013-14 winter season. PCMR is located in the heart of Park City and includes 116 trails on 3,300 acres, spread over eight peaks and nine bowls. Season passes

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Buying real estate after passing the bottom of the market can be one of the best times to buy property. Yes, if you missed the bottom of the market, you may have missed out on some of the best deals seen in a long, long time. But, when the market was at the bottom, nobody really knew that for sure. It was a time of major uncertainty. Let's take a quick look at the ups and downs we typically see in real estate market trends and we'll see why buying right after the market bottom can be such a good time to do so.

Across the country, we seem to have just recently passed the bottom of the market.

Below we have an illustrated chart showing the natural cycle and trending of a real estate market. The chart shows the increase of a market to it's

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