All Blog Entries by Sean Matyja

The Canyons Ski Resort in Park City, Utah is home to The Colony at White Pine Canyon, commonly referred to as "The Colony". There simply is nothing like The Colony anywhere. This is a private, gated community with numerous luxury ski homes. What makes it so unique here is that instead of packing in as many homes as possible in a small dense area, The Colony boasts having large and expansive estate lots that border numerous ski runs at The Canyons Resort. The lots can average at about 7 acres in size, with a mix of beautiful aspen and pine trees providing a quiet secluded setting. Many of the homesites also enjoy inspirational views of nearby mountain peaks. Each homesite can have up to three structures including a main home, a guest home, and a barn.

Deer Crest in Deer Valley Utah is one of the premier locations for luxury ski-in, ski-out homes in Deer Vally and Park City, Utah. Aside from their architectural beauty and direct ski access these homes boast some of the absolute best views in all of Deer Valley. The Deer Crest neigborhood is a private gated community, near the lower resort area of Deer Valley Resort. Wthin the gates of Deer Crest is home to some stunning ski homes serviced by the Deer Valley Jordanelle Gondola. You can access Deer Crest from either the town of Park City, or if you are coming up from the airport, you can enter Deer Crest just off of highway 40 near the Jordanelle Reservoir. Homes in Deer Crest have views of the Jordanelle Reservoir, and the distant Uinta Mountains to the

Old Town is one of the most popular choices for out-of-state buyers looking to purchase property in Park City and Deer Valley, Utah. Historic Main Street is the hub of recreation for both visitors and residents in Park City. Walk up and down this eclectic and historic street and you will find many retail and clothing stores, art galleries, real estate offices, coffee shops, casual and fine dining, and bars and private clubs (a Utah thing) offering a vibrant and energetic atmosphere not typically associated with the state of Utah (Utah gets made fun of quite often on TV!). This is the heart of the community, and therefore is one of the most sought after locations to live and own property.

Photo of Park City's Old Town and Park City Mountain Resort

AMAZING NEWS! Park City Utah is blessed with the fact that we now have three ski resorts in SKI Magazine's Top Ten Resorts list.

Photo of Deer Valley Ski Resort

Every year SKI Magazine polls its readers to find out the best of the best in North America's ski resorts. From snow quality, to grooming to dining, from access to lodging and everything in between, the readers of SKI Magazine rate their top picks for each category. This is always a very anticipated issue of SKI Magazine, and largely drives the decisions of upcoming winter ski season visitors. You can bet that the top resorts benefit largely due to the additional exposure. And for the owners of vacation real estate properties in those towns and resorts, the positive exposure is great for

PRESS RELEASE - October 10, 2012. The release of the statistics for the 3rd Quarter of 2012 real estate numbers have been highly anticipated as we all seem to agree that the overall real estate market in Park City and Deer Valley has been moving along quite well, but wondering if pricing has gone up or down? Has the inventory shrunk as much as we think it has? And where might we be headed? If you are a buyer today, what will you see in the marketplace?

In reviewing the large amount of statistics for the 3rd Quarter of 2012 we have noticed a decline in inventory, largely due to the increase of sales. In fact, when looking at the Greater Park City area, pended sales were slow to start in January but then have been quite high from February on to

September is probably the best month for mountain biking in Park City. As the start of the fall season, September is usually still warm, but no longer hot as in July or August. We often get a little rain to pack down the dusty trails and it gives the dirt have just the right amount of moisture for that perfect tacky texture. Also this time of year you'll see the colors starting to change and some beautiful pop of bright reds and oranges against a still very green backdrop. The days wil typically get up to about 80, and commonly will stay in the 70's. At night however, it does get cool, often down in to the 40's and 50's. October can be a mixed bag of weather, very nice or starting to snow, so September is really the best time to come out. Many of us have

Looking at current real estate inventory levels, we can measure a dramatic decrease in available properties for sale. We are now just about through the summer selling season and the Park City Board of Realtors will have a Q3 Statistics Report out at about mid October, once we finish up with September sales. Fall is a great time to come view real estate because it is easy to get into most properties as bookings are much lower in the "in-between" season. As we have mentioned before, we have been seeing the inventory shrink. And now when good properties come up for sale, they do go fast. So we decided to look at a few different market segments to see where the inventory levels are at. Not too long ago, it was common to look at a particular MLS area of Park

Trying to time the Bottom of the Market? Real Estate is a moving target. Its constantly changing annually, monthly, weekly, daily. Pricing goes up, and pricing goes down. With such a volatile market, such as what we have been in for a few years now, it is extremely difficult to determine when we hit the absolute bottom of the market. For Buyers, this is your goal. When is it time to score the best deal?

Well, for a few months now, as you'll recall if you have been reading our monthly newsletters, is that we have been saying we thought we were pretty much at the bottom of the market. Now we could not truly say with 100% certainty when we were at the bottom, (while we were in it) but we were quite certain on it, and we did try to let our clientele know of

Things are certainly heating up in the Deer Valley and Park City real estate market. With the inventory of homes for sale getting thinner, the best homes, priced well are starting to move much quicker these days. I'm not sure I would quite call it a "hot market" just yet, but the activity is pretty good.

It was very interesting to see today (Monday, August 6, 2012) that two luxury homes priced over $5,000,000 just went under contract.

The first home is in the American Flag neighborhood of Deer Valley, and is a re-construction of an older home. This new home has amazing views of the lower Deer Valley resort area, and looks to the St. Regis Hotel at Deer Crest. Of all homes for sale in Deer Valley, this was unique in that it has ski access, and views, yet

Highest number of sales and pended sales in the Greater Park City Area since 2007. The inventory of active listings is the lowest it has been since 2007.

PRESS RELEASE - PARK CITY, UTAH - Monday, July 16th, 2012

Park City, Utah –The Park City Board of REALTORS® 2012 Second Quarter statistics, show the highest number of sales and pended sales in the Greater Park City Area since 2007. The total number of sales for Q2 was 486 with a total sales volume of $347,392,785 and median price of $427,450 - topping last year’s Q2 numbers with 451 units sold, $320,740,133 in total dollar volume and a median price of $412,500.

Park City Area Sales Numbers and Inventory

Sales numbers have bumped along since the end of 2008 and the first half of 2009. The highlight of