Promontory Real Estate Market Update

Q1 2012 

Single Family Homes

• Average Sold Price: $1,431,500 (+18%)

• # Sold: 2 (-71.4%)

Vacant Lots

• Average Sold Price: $261,930 (+80.2%)

• # Sold: 10 (-71.4%)

Data obtained from Park City Board of Realtors % change compared to Q1 2011 

YTD 2011

Single Family Homes

• Average Sold Price: $1,346,894 (-2.7%)

• # Sold: 45 (+7.1%)

Vacant Lots

• Average Sold Price: $162,107 (+7.2%)

• # Sold: 78 (+47.2%)

*Data obtained from Park City Board of Realtors % compared to YTD 2010. 

Visit Promontory Real Estate to find all listings for homes and vacant lots for sale in the Promontory area of Park City Utah.

Park Meadows Real Estate Market Update

Q1 2012

Single Family Homes

• Average Sold Price: $1,092,770 (+8.9%)

• # Sold: 15 (+50%)

Condos / Townhomes

• Average Sold Price: $823,800 (+7.3%)

• # Sold: 5 (-16.7%)

Data obtained from Park City Board of Realtors data compared to Q1 2011 for % change

Visit Park Meadows Real Estate to view all listings for sale in the Park Meadows neighborhood of Park City Utah.

Call Julie Olsen at 435-513-2848 a local Park City Realtor Buyer Specialist to help you with your search.

Pinebrook Real Estate Market Update

Q1 2012

Single Family Homes

• Average Sold Price: $698,667 (-1.9%)

• # Sold: 9 (-18.2%)

Condos /Townhomes 

• Average Sold Price: $305,100 (+76.5%)

• # Sold: 10 (+233.3%)

 Data obtained from Park City Board of Realtors data compared to Q1 2011 for % change

Visit Pinebrook Real Estate to view all Pinebrook area homes, condos and townhomes for sale in Park City Utah's Pinebrook neighborhood.

Call Julie Olsen at 435-513-2848 a local Park City Realtor Buyer Specialist to help you with your search for property in the Park City Utah area.

Jeremy Ranch Market Update

First Quarter 2012

Single Family Homes

• Average Sold Price: $568,050 (-13.4%)

• # Sold: 6 (-40%) 

Condos / Townhomes

• Average Sold Price: $396,750

• # Sold: 2

Data obtained from Park City Board of Realtors data compared to Q1 2011 for % change

Visit Jeremy Ranch Real Estate to view all homes, condos, townhomes for sale in the Jeremy Ranch area of Park City Utah.

Call Julie Olsen at 435-513-2848 a local Park City Realtor Buyer Specialist with any question you may have on the Park City Real Estate Market.

Old Town Park City Market Update

Q1 2012

Single Family Homes

• Average Sold Price: $1,324,479 (+65.5% compared to Q1 2011)
• # Sold:  9 (-10.0% compared to Q1 2011)

Condos / Townhomes

• Average Sold Price: $719,888 (+51.9% compared to Q1 2011)
• # Sold: 12 (-55.6% compared to Q1 2011)

Visit Real Estate for sale in Old Town to find property for sale in the popular Old Town area of Park City Utah.

Call Julie Olsen at 435-513-2848 a local Park City Realtor Buyer Specialist to help your search for the perfect property in the Park City area.

Canyons Resort Market Update Q1 2012

Single Family Homes

• Average Sold Price: None sold

• # Sold: None sold

Condos / Townhomes

• Average Sold Price: $387,293 (-19.7%)

• # Sold: 22 (+46.7%) 

*Data obtained from the Park City Board of Realtors

Visit Canyons Resort Real Estate to find all single family homes, condos and townhomes for sale at the Canyons Resort.

Call Julie Olsen at 435-513-2848 a local Park City Utah Realtor Buyer Specialist to help you on your search for property in the Park City area.

Deer Valley Real Estate Market Update

First Quarter 2012 Market Update

Lower Deer Valley:

Single Family Homes

• Average Sold Price $1,646,667 (-38.6%)

• # Sold 3 ( same as Q1 2011)

Condo / Townhomes

• Average Sold Price $733,040 (+7.4%)

• # Sold 15 (+36.4%)

Deer Crest:

Single Family Homes

• Average Sold Price $5,175,000

• # Sold 1 ( 0 sold in Q1 2011)

Condos / Townhomes

• Average Sold Price $2,851,000 (+2.9%)

• # Sold 5 (+150%)

Upper Deer Valley:

Single Family Homes

• Average Sold Price $5,508,333 (+61.2%)

• # Sold 3 (-62.5%)

Condos / Townhomes

• Average Sold Price $1,497,548 (+41.6%)

• # Sold 10 (+42.9%)

First Quarter Park City Market Update

Inventory for single family homes in the Park City area for the first quarter of 2012 is down by about 17.4% compared to the first quarter of 2011 (847 vs 1029).  The average sold price for single family homes is down by about 9.2% compared to the first quarter of 2011 ($803,296 vs $885,172).  The number of sold homes is down by 11.5% compared to first quarter of 2011 (139 vs 157).

Inventory for condo/townhomes in the Park City area for the first quarter of 2012 is down by about 8.6% compared to the first quarter of 2011 (680 vs 744).  The average sold price for condo/townhomes is up by about 8.9% compared to the first quarter of 2011 ($748,524 vs $ 687,382). The number of sold

Single Family Home Market Data Trend

Park City Utah Zipcode 84098 (Week of April 8 2012)

The 84098 zipcode consists of the following neighborhoods: Canyons, Olympic Park, Sun Peak, Silver Springs, Old Ranch Road, Trailside, Kimball Junction, Silver Creek, Pinebrook, Jeremy Ranch and Summit Park.

Median Price Trend for Single Family Homes Last 4 yrs

Inventory for Single Family HomesTrend last 4 years

Price Per SqFt for Single Family Homes Trend for last 4 years

Call Julie Olsen anytime at 435-513-2848 or email at julie@bestskiproperty.com if you have questions about the Park City Real Estate market or would like to preview property in the Park City and Deer Valley area. 

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