We are pleased to share the third quarter stats for the Park City area. Check out our blog this week for more information and upcoming events in the Park City Area.

Quarter Three Stats Fall 2015 housing stats suggest market complexity and shifts in both buyer and seller mentality. Property types under $1 million continue to sell at unprecedented rates. The interest in condominiums across the board is one of the most outstanding features of the latest reports. Condominiums in Prospector and Kimball Junction for example are garnering more interest than any other property type. Prospector sales went up by an astounding 146%; Kimball Junction condos went up by 77%. New building at Kimball Junction now accounts for a 55% price increase in Redstone condominiums, which have proven very popular among Millennial and investment buyers. Old Town condos have witnessed similar, if not quite so robust, buyer interest. Jordanelle condos are also being sold as they are built. Snyderville Single Family homes saw 200% more sales than those in Park City limits, and prices have appreciated at bullish rates. However, it is likely that--due to dwindling inventory and increasingly selective buyers--we will see a stabilizing of both number of sales and prices in Silver Springs, Trailside, and other Basin neighborhoods. Heading into the ski season, we will be monitoring Vail's arrival and its potential effect on new buyers and development interest.

You can check out all the listing on the MLS via our website to see the homes that are currently available for sale in the Park City area.

Remember our Halloween Special! This is not a Trick... Just a Treat... $100,000.00 off if under contract by November 3rd 2015 on these two homes!!!