Park City Real Estate Market Stats Q1 2012

Posted by Erik Asarian on Tuesday, May 8th, 2012 at 4:02pm.

We just reviewed the 2012 first quarter Park City real estate market stats, with no real surprises.  

Existing market recovery trends continued.  Here are some of the highlights:

  • The number of active property listings is down
  • The number of pending sales is up
  • The 6 andd 12 month moving averages for # of properties sold is stable
  • Distress sales are a smaller percentage of the closed transactions...down to 19.1%
  • Distress sales represent only 8.5% of the total inventory for sale
  • The number of "Notices of Default" incresed in Summit County but decreased in Wasatch County in Q1

park-city-real-estate-inventory-tightens1_678

You can read the complete first quarter 2012 Park City Market Report here:

http://www.parkcityrealestateguide.com/documents/2012_Q1_PCMLS_Market_Stats.pdf

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Listing information last updated on August 25th, 2019 at 10:58am MDT.