Park City Single Family Home Sales 1st Quarter 2009

Posted by Julie Olsen on Thursday, April 23rd, 2009 at 11:19am.

Single Family home sales for the first quarter of 2009 for in town area which includes: Deer Valley, Old Town, Thaynes Canyon, Aerie, Prospector and Park Meadows areas where down in the number of transactions from the first quarter of 2008 by 33.3%.  In 2009 there were 12 sold homes.  The average sales price was up by 70.8% compared to the first quarter of 2008.  This unusual situation may have been due to four home sales in the Empire Pass area in which homes were new construction and under contract more than likely in 2008 but construction finished in 2009.  The average sales price was $3,880,429 for the first quarter of 2009.

Single Family home sales for the first quarter of 2009 for the outskirts of Park City which includes: The Canyons, Olympic Park, Silver Springs, Old Ranch Road, Kimball Junction, Pinebrook, Jeremy Ranch, Summit Park, Silver Creek/Glenwild, Trailside and Promontory areas were down in the number of transactions from the first quarter of 2008 by 57.7%.  In 2009, there were 22 sold homes.  The average sales price was down by 4.3% compared to the first quarter of 2008 and the average sold price for the first quarter of 2009 was $1,219,757.

 About Author  A Local Park City Utah Realtor with Equity Real Estate Luxury Group helping buyers find their Park City or Deer Valley dream home. I've lived full time in Park City for over 23 years.  I enjoy showing newcomers all that Park City  has to offer in this wonderful place I call home. 

 
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