Archive for September, 2007

Deer Valley Resort Expands Ski Terrain for 2007/2008 season

Tuesday, September 25th, 2007

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Deer Valley Resort has added the new Lady Morgan Express ski lift to expand its ski terrain.  Many of the new runs added are both green and black diamond runs.  Read the full article in the Park Record here.

Deer Valley offers a great selection of ski property for sale.  Let Julie Olsen a Park City Resort and Second Home Specialist help you find the perfect ski property at Deer Valley to purchase and enjoy.

Call Julie Olsen at 435-513-2848 for more information on the Deer Valley Real Estate Market.

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Park City Home Real Estate Market - September 2007

Monday, September 24th, 2007

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Current Absorption Rates for Single Family Homes for Sale in town in Park City Utah.  Data is based on solds for the last month and current listings as of September 24, 2007.

Homes for Sale under $1,000,000

24 - Listings

5- Sold in the last month

21 weeks absorption rate for current listings

Homes for Sale $1,000,000 to $3,000,000

100 - Listings

6 - Sold in the last month

73 weeks absorption rate of current listings

Homes for Sale over $3,000,000

72 - Listings

1 - Sold in the last month

313 weeks absorption rate

Now is a good time to buy with less buyer competition and a good selection of homes to choose from.  This rate may change based on the time of the year.  The ski season tends to be a busier time for sales. 

Julie Olsen is an Accredited Buyer Representative who can assist you in finding the perfect property in the Park City area as well as help negotiate for the best possible price and terms.

Call Julie Olsen at 435-513-2848 or visit her website BestSkiProperty.com for more information on Park City Real Estate.

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Park City Condo Real Estate Market - September 2007

Monday, September 24th, 2007

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Current Absorption Rates for Condos for Sale in town in Park City Utah.  Data is based on solds for the last month and current listings as of September 24, 2007.

Condos for sale Under $300,000

55 - Listings

5 - Sold in last month

48 week absorption rate

Condos for sale $300,000 to $500,000

64 - Listings

3 - Sold in last month

91 week absorption rate

Condos for sale $500,000 to $1,000,000

128 - Listings

9 - Sold in the last month

64 week absorption rate

Condos for Sale over $1,000,000

264 - Listings

22 - Sold in last month

53 week absorption rate

Now is a good time to buy with less buyer competition and a good selection of condos to choose from.  This rate may change based on the time of the year.  The ski season tends to be a busier time for sales. 

Julie Olsen is an Accredited Buyer Representative and Certified Negotiation Expert specializing in the Park City Utah Real Estate market.

Call Julie Olsen at 435-513-2848 or visit her website BestSkiProperty.com

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Victory Ranch a Newer Golf Community near Park City Utah

Friday, September 21st, 2007

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Victory Ranch is a great new golf community a short 20 minute drive from Park City Utah in the rural community of Francis.  A river truely runs through it.  About 5 miles of the Provo River which is known as a blue ribbon fly fishing river runs through this great new golf community.  If you would enjoy great views, fly fishing and open space in a gated golf community, then you may want to check out Victory Ranch. 

I recently visited Victory Ranch and was impressed with the size of the lots and the views compared to other local golf communities.  The lots seemed larger for the same price that I’ve seen at other golf communities that are more developed.  They seemed to average in size at nearly 2 acres.  Most other private golf communities in the area average closer to 1 acre.  Victory ranch is dedicating about 3200 acres to open space of its 5600 acres which seems like a large portion.  Lot prices start in the low $400,000’s.

The golf course at Victory Ranch will be a Rees Jones designed golf course and is currently under construction.   Also under construction is their River Cabin which sits on the Provo River with some amazing views. 

Visit Victory Ranch Lots for Sale to see all lot listings.

If you would like more information on this amazing golf community or other golf communities in the Park City area contact Julie Olsen at 435-513-2848 or email julie@bestskiproperty.com.  As an Accredited Buyer Representative she can help you locate the perfect property in the Park City area that will best fit your needs. 

New Golf Community in the Park City Utah area

Tuesday, September 18th, 2007

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I just recently toured Talisman which is a brand new golf community that has released lots for sale.  It’s a great opportunity to get in on the ground floor.  This new gated community is about 20 minutes from Park City and will offer its owners a ski lodge at Deer Valley Resort and Park City Mountain Resort besides its own little ski resort on site.  The location of this new golf community offers some amazing views of Deer Valley resort and Mt. Timpanogas.  Lot prices start in the $400,000s and average around 1 acre in size.  The golf course will be a Robert Trent Jones, Jr. designed golf course which may be playable as early as 2009.  The setting and views are pristine.  You feel very remote and secluded on this property. 

You can typically get better lot selections and prices getting in early on a project.  So if you are not in a hurry to build or looking for a long term investment then this may be a great opportunity for you to consider.

Contact Julie Olsen an Accredited Buyer Representative at 435-513-2848 for more information. She can help you locate the perfect property in the Park City area that best fits your needs.  She also offers a buyer rebate program to her clients which can save them thousands on closing costs.  Let her set up a tour for you and send you an information packet.  You may also email her at julie@bestskiproperty.com or visit her Park City Utah Real Estate website.

 

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Ski Magazine Rates Deer Valley Resort #1 for 2007

Thursday, September 13th, 2007

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Deer Valley Resort is rated #1 by Ski Magazine for 2007 in its upcoming October issue.  This is the third time that it came in as #1 by Ski Magazine.  As a Park City local, I have to admit it is my favorite place to ski.  They are known for impeccable grooming, amazing food and top notch service.  Deer Valley is a skier only ski resort which is only one of 4 skier only ski resorts in North America. 

Deer Valley in Park City Utah is so easy to get to as well.  The Salt Lake International Airport is only a 30-40 minute drive away.  Many can take a morning flight non-stop and be skiing at Deer Valley Resort that same afternoon.

Julie Olsen is an Accredited Buyer Representative & Certified Resort and Second Home Specialist who can help you find the perfect vacation home or condo in the Park City area. 

Call Julie Olsen at 435-513-2848