Tagged : Park City

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The real estate market in and around Park City continues to strengthen, with low inventory and much shorter marketing time for properties. Distressed sales are becoming rare and competition amongst buyers for deals is very strong. If you have been waiting and watching the market here for an opportunity, do not despair, there are still good deals to be had, but for how much longer?!

Both the number of sales and the median sales price are up over last year's numbers in the Greater Park City Area according to this press realease of 2nd quarter statistics released by the Park City Board of REALTORS®.

With a total of 991 sales to date — a 19% increase over the same time period in 2012 -

the first half of 2013 had the highest number of sales since the

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In a clear sign of the rebound the real estate market has made here in Park City, Promontory has risen from near failure to a thriving mountain community unequalled in the West. This is where families can truly enjoy a mountain lifestyle for all seasons.

The pace of sales of lots and homes in Promontory has soared. Just a couple years ago the community was replete with half finished homes in foreclosure, and now it has a new clubhouse, The Shed, with more ameneties planned including a new pool, a dog park, and a million dollars being spent on trees and landscaping throughout the neighborhood.

Over 800 lots of the 1925  lots available in the 11 square miles of Promontory have been sold, and lot prices have risen above $300,000 again and homes over $3

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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 May 24th, 2019 at 12:13pm MDT.