Park City UT Luxury Real Estate - Market insights, information from the local's point of view.

Park City Utah Prices are Rising and Market Statistics

PARK CITY UTAH 2015 YEAR END REAL ESTATE STATISTICS

Park City, Utah – January 26th, 2016

Summit and Wasatch County property prices rise at a steady market pace in 2015

At the end of the fourth quarter of 2015, the year-end statistics reported by the Park City Board of REALTORS® indicated a slow but consistent annual increase in both the number of closed sales and the median sales price for single family homes, condominiums and vacant lots in Summit and Wasatch Counties.The total dollar volume for 2015 was up 10% over 2014, reaching $1.85 billion, with single family homes sales accounting for the highest dollar volume by property type.

Single Family Home Sales

Within the City Limits (84060), the median sales price of a single family home was 17% higher than the year before, reaching almost $1.52 million, but the number of closed sales decreased by 12%.

By neighborhood, Old Town had the highest number of closed sales with a total of 52 with a 6% increase in median sales price to $1.31 million. Thaynes Canyon had the highest jump in median sales price – up 46% from 2014 to $1.82 million with a total of 11 closed sales for the year. Park Meadows had seven fewer sales than last year but the median sales price was up 11% to $1.44 million. In Prospector, the median sales price increased 6% to $740,000, but there were only 11 closed sales for the year (down 39%), which demonstrates how low inventory of active listings can affect the number of sales in certain neighborhoods.

“Higher median prices of homes within Park City Limits and lower number of unit sales is reflective of demand outpacing inventory."

...

Park City Utah - Sundance Film Festival 2016

SUNDANCE FILM FESTIVAL 

PARK CITY UTAH, JANUARY 21-31

Yes, it's that time again. The star studded Sundance Film Festival is a fabulous opportunity to step out into Park City, looking and feeling expensive and luxurious to part in first run movies, movies by new directors and writers and storytelling like available nowhere else. Is there an Oscar Winner out there? Maybe. But you'll never know if you don't watch. Don't forget to attend the parties too!

I'm not a movie afficianado,  I had chose one movie in each category I would like to see. Not necessarily for the artistic value but just because. 

See below for links to the different Sundance Film Festival 2016 categories AND movies that look interesting...

US DRAMATIC MOVIE GUIDE

Goat - Just on the name you have to wonder if it's worth a watch, plus Nick Jonas is in it!

US DOCUMENTARY MOVIE GUIDE

Bad Kids - One person making a huge difference in kids lives

...