parkcityjulie's Blog: Park City Real Estate

The number of sold single family homes, condos and vacant lots were down in Park City Utah for 2007 but the average sold prices were actually up for 2007.  Park City is a great place to invest in real estate. 

Single Family Homes Sold Data for 2007

• 465 Homes Sold ( down 15.6%)
• Average Sold Price was $1,510,397 (up 14%)
• Average Sold Price to List Price ratio was 95.6%

Condominiums & Townhomes Sold Data for 2007

• 722 Condos Sold (down 1.8%)
• Average Sold Price was $900,200 (up 47.5%)
• Average Sold Price to List Price ratio was 97.49%

Vacant Lot Sold Data for 2007

• 253 Lots Sold (down 43%)
• Average Sold Price was $816,128
• Average Sold Price to List Price ratio was 96.22%

*Data…

Park City Utah still offers great value for ski property

If you are looking to buy ski property in a fantastic ski community, then Park City  Utah just might be the best place to consider looking.  I regularly speak to prospective buyers that want to cash out their equity in many of the other popular ski communities such as Vail, Telluride & Sun Valley to invest in Park City real estate.  They find you can still get more for your money in Park City Utah and it is far easier to get to Park City then other ski communities.  The Salt Lake International Airport is a short 30-40 minute drive away and offers numerous non-stop flight destinations.

According to statistics obatined from the RMRA, the average price for a condo in Park City in 2006 was $590,544,…

The Kimball Junction area is a fairly new area in Park City just a short drive to the ski lifts.  Many enjoy living here full time or part time because of the great value in real estate.   The Redstone shopping Center at Kimball Junction also offers some great shopping with several wonderful restaurants and a movie theater.  

A majority of the construction in the Kimball Junction area is fairly new with more modern finishes at a great price compared to the condos at the ski resort village areas.   In 2006 the average sold price for a condo at Deer Valley Resort was $1,388,741.  In the Old town area of Park City and near the Park City Mountain Resort the average sold price for a…

There is a nice inventory of Park City condos for sale so now is a good time to buy.  In the entire Park City Utah area there are 708 condos for sale with a median list price of $579,700 according to the Park City UT MLS.   Since the first of the year there have been 143 condos that have sold with an average sold price of $711,573.   To see all condos for sale you can visit Park City Condos For Sale.

The ski town of Park City Utah can be broken down into two areas: In town & out of town.  If you want to be closer to the action the in town area is a great place to look.  It will cost a little more for a condo here.  There are currently 408 condos for sale in town in Park City with a median list price of $792,000, the lowest list price is $97,000 for a…

Park City Utah offers some of the best opportunities to purchase ski property.  Whether you are looking for a ski in ski out luxury home, condo or townhome or a place a short drive to the lifts, you will certainly find a nice inventory to choose from in the Park City area.

Visit Park City Real Estate to search all listings on the Park City Utah MLS.

There are 3 top rated ski areas in the town of Park City Utah which include Deer Valley, Park City Mountain Resort and The Canyons Resort.  Deer Valley is known for being one of only 4 skier only ski resorts in North America.  Park City Mountain Resort is popular for the snow borders with its great terrain parks.  The Canyons is Utah's largest ski area and is working on becoming the largest in North…