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May | Park City
Real Estate Market Update

May 9, 2024
April 2024 represented an interesting period for the performance of Park City real estate. The month recorded the highest quantity of residential transactions in 9 months and equaled the greatest productivity since June, 2022. The average sale price of just over $2,500,000 surpassed any month year-to-date and offered the highest total dollar volume in 24 months.

April | Park City
Real Estate Market Update

April 4, 2024
The news surrounding changes to the methodology of selling residential real estate has dominated news cycles in recent weeks. While this information is topical and will likely create enduring changes to the practice of agency, it has obscured news around a return to normalcy measured by the simple factors of supply and demand.

Forbes Feature:
Sky’s The Limit At A $7.9 Million Retreat Inside Utah’s Deer Valley Ski Resort

March 19, 2024
Can Deer Valley become more popular than it already is? Apparently so. One of Utah’s most beloved ski resorts is poised to more than double in size in the next few years by adding 3,700 acres of new skiable terrain.

March | Park City
Real Estate Market Update

March 5, 2024
The Park City real estate market finally pumped the brakes the slightest bit in February after a gravity defying period that defied national trends.

Deer Valley Resort unveils plans for Mayflower Resort’s base village and ski portal

February 8, 2024
Deer Valley Resort has announced the new name and plans for the base village and ski portal on its newly acquired terrain, Mayflower Resort.

February | Park City
Real Estate Market Update

February 5, 2024
Park City real estate began 2024 with an above-average volume of transactions continuing momentum built over the last 6 months.

Park City 2023 Year End Market Update

December 29, 2023
Park City real estate exits 2023 in substantially better condition than it entered based upon nearly every quantifiable metric. To have equaled the previous year’s total number of transactions while achieving modest growth in average and median price amid a year in which interest rates spiked.

December | Park City
Real Estate Market Update

December 7, 2023
Real estate activity in the Park City area began its seasonal taper in November posting 99 residential transactions. This represents a 20% decline month-over-month, a trend that is very typical for this time of year.

Salt Lake City as likely host of 2034 Olympic Games

November 30, 2023
The International Olympic Committee on Wednesday invited Salt Lake City into another phase of the discussions about hosting a second Winter Olympics.

November | Park City
Real Estate Market Update

November 5, 2023
Historically, October is the apex month for residential real estate sales in the Park City market. The opening month of Q4 is typically when summer’s window shoppers merge with pre-winter consumers to create peak deal flow.

The Founders Place News and Sales Update

October 16, 2023
Fall has arrived in Deer Valley, bringing with it the first snow of the season! It has been a busy couple of months at Founders Place.

October | Park City
Real Estate Market Update

October 8, 2023
The third quarter of 2023 was one of remarkable stability for Park City real estate. After a relatively slow start to summer, results for August and September were nearly identical for both the quantity of sales and overall values.