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September | Park City
Real Estate Market Update

September 5, 2024

In August 2024, the Park City, UT real estate market exhibited a performance nearly identical to that of July 2024, with transaction totals, dollar volume, and average sale prices reflecting minimal variation from the previous month. While this consistency typically indicates market stability, the absence of anticipated growth during a period that usually marks the beginning of an annual upswing in activity is cause for concern.

Deer Valley Terrain Update for the 24/25 Ski Season

September 4, 2024

Progress on Deer Valley East Village is moving quickly. A key part of the development is the opening of Grand Hyatt Deer Valley in late 2024.

August | Park City
Real Estate Market Update

August 8, 2024

As of July 2024, the real estate landscape in Park City, Utah, not only reflects strong demand but also showcases some remarkable high-value transactions. Among the highest-priced homes sold this period, a stunning luxury property located in the exclusive Deer Valley area fetched an impressive $6.5 million. This 6-bedroom, 8-bathroom custom-built home offered panoramic views, expansive living spaces, and direct access to ski trails, making it a prime investment for affluent buyers seeking the ultimate mountain retreat.

Salt Lake City to host 2034 Winter Olympics

July 31, 2024

The Winter Olympics are officially returning to Utah. On July 24th, the President of the International Olympic Committee, Thomas Bach, announced that Salt Lake City will host the 2034 Winter Olympics and Paralympics.

Deer Valley East Village Update

July 17, 2024

Progress on Deer Valley East Village is moving quickly. A key part of the development is the opening of Grand Hyatt Deer Valley in late 2024.

July | Park City
Real Estate Market Update

July 9, 2024

Through the first half of 2024, Park City real estate has been the picture of consistency. After a year in which national trends showed sluggish results, demand for the extraordinary offerings of Park City continued to push pricing to record highs through 2023. Year-to-date, transaction volume and prices have been almost identical to the prior year.

June | Park City
Real Estate Market Update

June 6, 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.

May | Park City
Real Estate Market Update

May 9, 2024

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.