Tagged : deer valley real estate market update

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

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