Park City & Deer Valley Distress Sale Update

Posted by Erik Asarian on Saturday, December 29th, 2012 at 12:42pm.

Sorry, foreclosure fans.  This game is just getting harder and harder!

For the third straight quarter, the percentage of distress sales in the Park CIty marketplace dropped again.  Down from a high of over 33% of sales being distressed, in the third quarter of 2012, only 13.81% of sales were distressed.

park-city-foreclosures-distress-sales-2012_vs-2011_901

 

 

Click on the chart above to see the whole Park City Distress Sale report...

Our friend Rick Klein at Wells Fargo Mortgage in Park City performs an extensive analysis of the Park City distress sale market each quarter.  You can download his most recent research masterpiece here!

Leave a Comment

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2019 Park City Board of Realtors®, All Rights Reserved. Access to the multiple listing information through this website is made available by Keller Williams PC-Mtn Resort as a member of the Park City Board of Realtors® multiple listing service. No other entity, including a brokerage firm or any franchisor, may be listed in place of the specific Listing Broker on the foregoing notice. Terms of Use

Listing information last updated on June 20th, 2019 at 12:13pm MDT.