The Fisher Group
Park City Market Updates RSS Icon
Found 10 entries about Park City Market Updates.

Park City real estate MLS Data

A no "fluff" & fact based analysis on the COVID-19 affect on Park City Real Estate. Consistently updated with new data to keep track of what we are seeing week by week. 

Locals as well as vacationers to the Park City area are all wondering how the current pandemic is having an affect on the real estate market as a whole. Since the Park City market generally differs from metro markets in how it reacts to national and worldly events we thought it would be best to highlight all of the current data in one place to easily reference as new information comes out. Since we are a vacation destination area, the demographics of property owners both primary & secondary residents alike respond differently than markets close to us like in Salt Lake City.

762 Views, 0 Comments
Read Full Post

As one of the fastest growing areas in the state of Utah, real estate surrounding the Jordanelle Reservoir in between Park City & Heber City is seeing explosive growth over the coming years. As real estate in Park City has been mostly built out this location offers the next best thing in proximity to the ski resorts with great access to Deer Valley Resort and the new Mayflower Resort off of Highway 40. Access to this location will also become easier in 2020 as UDOT completes the connection road between Highway 248 and Highway 40 by weaving it's way through the SkyRidge development on the north side of Jordanelle Reservoir. 

Options to own property in this area are seemingly endless as density can be found on all sites of the reservoir with a

349 Views, 0 Comments
Read Full Post

 

As the world faces a sudden pandemic and drastic economic changes across the globe we are frequently being asked about how this will affect real estate within the Park City area. We are in a unique situation in that our market is significantly different than larger metro markets as we hold a significant amount of vacation property and rental property throughout the area which changes the dynamics we will see compared to a majority of the country. For instance, almost 2/3 of the transactions in the Park City market are cash purchases and not financed transactions. Wealth levels for property owners in the area are significantly different than even the Salt Lake City real estate market so the responses will be quite different from one another. 

869 Views, 0 Comments
Read Full Post

As we enter the 2019 season it is important to understand how the real estate market in Park City changed from 2018 compared to the previous year. We have seen a very healthy and active market for a number of years now but has 2018 proved to be the same as previous years? LEt's take a look at some of the interesting numbers below to take a look at where we stand after another full year of data to review. 

As you can see in the chart above we saw a slowdown in transaction volume in 2018 compared to 2017 with sales slipping 7% from the previous year. The exception to this would be the high demand for vacant land at the moment from many buyers deciding to purchase land and build instead of buying existing homes or condos. We've seen land prices appreciate

4286 Views, 0 Comments
Read Full Post

As the most popular tourist attraction in the Park City area, real estate sitting right on Main Street in Old Town next to the stores and shopping in the area is difficult to come by. With limited space for property and very few loft style units available, the choices can be sparse for those buyers looking to be in the middle of the action and want something larger than a small condo unit. Thankfully, there are now multiple opportunities to own some price space right on the most desirable street in the city. 

1. Sky Silver

Situated on the corner of Main Street and Heber Avenue, Sky Silver is the transformation of the old Silver Queen Hotel. The location is unbeatable compared to almost any other location on Main Street due to it's central

1713 Views, 0 Comments
Read Full Post

 

Here are closed sales for The Fisher Group for the week of 2/8 - 2/14:

19 Gallivan Ct #3 - The Gallery at The Cove @ Eagle Mountain (Park Meadows)
4-Bedrooms, 5-Baths, 4,470 s.f. - New Construction on the Park Meadows Country Club golf course
Sold Price: $2,279,000 *We represented the Buyers 

Three Kings #35 - Three Kings - Old Town Condominium

2-Bedrooms, 2-Baths, 1,200 s.f. - On the Park City Municipal Golf Course
Sold Price: $515,000 *We represented the Sellers
*We listed and sold this condo in 6 days!

River Meadows Ranch #8 - River Meadows Subdivision - Midway, UT

1.1 Acre building parcel in Midway
Sold Price: $380,000 *We represented the Buyer 

   

 

8742 Views, 0 Comments
Read Full Post

It's that time again to report on the most significant sales we saw in Park City, UT in 2014! With the market continuing to rebound we saw a number of significant sales occurring throughout Park City and Deer Valley.

It's not surprising that these sales are taking place within Deer Valley and in The Colony at White Pine Canyon located at The Canyons. With the Vail takeover of PCMR and Canyons, The Colony will continue to have sales making the list as more of the rich and famous purchase luxury homes in this area as they explore outside of Deer Valley. 

If you're doing business in the luxury market you need experienced agents who are familiar with doing large transactions in this marketplace. Learn more about The Fisher Group, or call 435-962-0192. 

9876 Views, 0 Comments
Read Full Post

 
 

We listed these four fantastic properties this week!

Shooting Star #202 - 7715 Village Way #202
3-bedroom ski-in/ski-out condo in Empire Pass
**The average sold price of 3-bedroom Empire Pass condos in the previous 12 months was $2,526,971. Currently all other listings of 3-bedrooom Empire Pass condos are $1,899,000+

Shooting Star is located near the center of The Village @ Empire Pass adjacent to the Empire Club and the Silver Strike ski lift. This beautiful building is patterned after the grand lodges of our nation's national parks. Magnificent views from this unit toward the pool, the Silver Strike ski lift, and Silver Buck ski run. Amenities in this 3-suite

10390 Views, 0 Comments
Read Full Post

The Fisher Groups Top Picks For The Start Of 2014 >>

1. 2937 Deer Crest Estates | Deer Crest | $4,900,000

New construction luxury home in Deer Crest at Deer Valley. It is rare you can get any single family home in Deer Crest below 5M, much less a brand new home. If you're in the market for a ski in ski out luxury home in Deer Valley you should see this home. 

2. 1469 Woodside Ave | Old Town | $3,395,000

This is a 10 bedroom 12 bath called the "Woodside Inn" in Old Town Park City. Completely remodeled in 2013. Zoning allows B&B options, corporate retreat, or even conversion to condo units. Rare opportunity in Old Town. 

3. 7657 Susans Cir | Pinebrook | $539,000

This is in our opinion

13056 Views, 0 Comments
Read Full Post

Park City, Utah-October 23, 2013 – Park City real estate is building momentum in
2013. To date every month of 2013 has had a higher number of closed sales than in the
same month last year, according to data released by the Park City Board of REALTORS®.
The number of sales for the entire Park City market area, reached 1,668 in quarter
three—that is 26% over last year’s number. With a total sales dollar volume reaching
$1.19 billion, the third quarter of 2013 is up 34% compared to last year as well. Jeff
Spencer, President of the Park City Board of REALTORS® said, “Our Realtors sold more in
the first three quarters of 2013 than we did during all of 2012.”

Inventory
The current number of active listings on the Park City Multiple Listing Service is 2,199,

13702 Views, 0 Comments
Read Full Post

What's Your Home Worth? Find out now, for Free.

Let's Go