Current news and market updates for Park City real estate and Deer Valley real estate.  Updated often, a great resource to keep up to date on all happenings in real estate in the Park City and Deer Valley communities.

Tuhaye Golf Course Talisker Club

It was an amazing ski season and now the opening of Talisker Club's championship Mark O’Meara 18 hole golf course in Tuhaye is just around the corner. Maybe now’s the time to join Talisker Club!

Talisker's New ENCORE Program

Never before have non-member Talisker property owners had an opportunity to join until now. With their new and temporary Encore program, Talisker Club is offering an exclusive but limited opportunity to join Talisker Club today. Most property owners in Tuhaye and Empire Pass are members of the exclusive Talisker Club, a "country club" offering both ski, golf and mountain lifestyle recreation in Park City, Utah. There are some owners in Tuhaye and Empire Pass that have not purchased memberships with their property…

4782 Views, 0 Comments

Read Full Post

NEW $14 MILLION EXPANSION AND RENOVATION IN 2017

Stein Eriksen Lodge in Deer Valley is getting started this summer on an expansion and renovation to their Five Star Park City Hotel. These additions are designed to ensure their owners and guests will have the most memorable experience possible. Construction has already begun and the project should be complete at the beginning of 2017-2018 winter ski season.

Stein Eriksen Lodge expansion plan

View the full site plan above and the details below:

1 - Entertainment Center

Family-friendly games and delectable food will enhance your stay and encourage more time together.

2 - Coffee Bar

Enjoy a cup of Stein’s signature coffee blend and house-made pastries, as you gaze out at the captivating views of Deer Valley…

4702 Views, 0 Comments

Read Full Post

The Park City Board of Realtors produces quarterly statistics reports comprised of all sales data from the PCMLS. Below is the report for Quarter One of 2017.

Demand for real estate in Summit and Wasatch Counties leads to a record-breaking first quarter of 2017

The number of closed sales for the first quarter of 2017 in Summit and Wasatch Counties was the highest we’ve seen since 2007 – up 20% over 2016, according to statistics released by the Park City Board of REALTORS®. Q1 also saw the highest number of pended sales on record and a 26% increase over the previous year in total dollar volume. Growth continued to morph, and expand, encompassing outlying communities in the Wasatch Back as the entire market area was pushed to new peak levels.

…

1696 Views, 0 Comments

Read Full Post

The Waldorf Astoria located at Canyons Village in Park City, Utah is offering an amazing incentive to promote residential sales. For a limited time, they are offering a 10% discount on their 3rd and 4th floor condos. Additionally, the developer will also pay for the first 12 months of HOA dues. With so much to offer, a true high-end luxury hotel name, and amazing rental bookings outpacing other condo-hotel options, the Waldorf is a highly recommended property for ownership in the great Park City community.

walford astoria park city 10 percent off

The Waldorf is right in the center of the Frostwood area of the Village, and it is juts across the street from the Frostwood Gondola, essentially a ski-in and ski-out property. They have a great restaurant on-site, and one of the best pools in…

1734 Views, 0 Comments

Read Full Post

2016 year-end housing statistics for Summit and Wasatch Counties, as reported by the Park City Board of REALTORS® Multiple Listing Service, show that over the past four years, the number of closed, pended, and active listings has continued to trend at a healthy and stable rate, with an averaged median price increase of 7.5% annually. However, in 2016, the median sales price for single-family homes, condominiums, and vacant land increased at a rate double that number. Overall, the quantity of sold properties did not increase sharply over previous years, yet the dollar volume for our entire market area was up 18%.

President of the Park City Board of REALTORS®, Sara Werbelow adds, “We have experienced a sustainable growth trend for several years. Areas…

2013 Views, 0 Comments

Read Full Post

Summit and Wasatch County property values continue to rise in the third quarter of 2016

Statistics reported by the Park City Board of REALTORS® at the close of the third quarter show the median sales price for single-family homes, condominiums, and vacant lots in the Greater Park City area have increased at a rate of 7.5% annually since 2012 and are up 14% over the previous 12 months as buyers are becoming more attracted to resort real estate.

Single-Family Home Sales

Demand remained high for single family homes in the Greater Park City area, with some neighborhoods increasing in price at a faster rate than others as growth outside the City Limits continued. Within the Park City Limits (84060), the median sold price of a single family home was up…

1557 Views, 0 Comments

Read Full Post

FOR IMMEDIATE RELEASE:
August 2, 2016
 
Park City, Utah – August 2, 2016

Property values have increased at approximately 7% annually since 2012

Statistics reported by the Park City Board of REALTORS®, at the close of the second quarter of 2016, indicate a steady annual price increase for single family homes, condominiums, and vacant lots in Summit and Wasatch Counties. Areas outside the Park City Limits, such as the Heber Valley and the Jordanelle, have also seen double digit growth in the number of sales.

Single Family Home Sales

In the entire market area, there are currently five times more pending sales outside the Park City Limits than what is pended within Park City Limits (84060). Over the last twelve months, the median price of a…

1827 Views, 0 Comments

Read Full Post

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,…

1888 Views, 0 Comments

Read Full Post

Park City, Utah – January 26th, 2016

Summit and Wasatch County property prices rise at a steady market pace in 2015

At the end of the fourth quarter of 2015, the year-end statistics reported by the Park City Board of REALTORS® indicated a slow but consistent annual increase in both the number of closed sales and the median sales price for single family homes, condominiums and vacant lots in Summit and Wasatch Counties. The total dollar volume for 2015 was up 10% over 2014, reaching $1.85 billion, with single family homes sales accounting for the highest dollar volume by property type.

 

Above chart illustrates the Total Number of Units Sold by year from 1999 to 2015.


Above chart illustrates the Median Price of Sold Units by year…

2172 Views, 0 Comments

Read Full Post


Above: Views from the ridge looking back to Park City

The highly anticipated Quicksilver Gondola was installed this summer and is now open! The connection between Park City Mountain Resort and Canyons creates the biggest ski resort in the United States, offering 40 lifts, 314 runs and 7,300 acres of skiable terrain.

We took a couple laps on Friday and we would have to say the new gondola connection is pretty cool. The views are amazing and its surprising how quick you can get to the gondola from the Park City side. A simple quick ride up the Crescent chairlift, then down to the bottom of Silverlode, which is the home of the gondola’s Park City side base.


Above: The new Miner's Camp Lodge at Park City Resort

Also located here is the new Miners Camp…

6218 Views, 0 Comments

Read Full Post
Previous Next