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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

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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

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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 

   

 

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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. 

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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

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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

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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,

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