Park City Mountain Resort lawsuit

Park City Utah 2nd quarter Statistics

P R E S S R E L E A S E
FOR IMMEDIATE RELEASE:
July 23, 2014
For further information, contact Park City Board of REALTORS®

Park City, Utah – July 23, 2014 –

Though real estate prices in the Greater Park City
Area are trending upward, the number of sales is down 9%.

The number of closed sales in the Greater Park City Area dropped 9% in the second
quarter of 2014 compared to the same time period last year, according to the Park City
Board of REALTORS®. Though there were 39 fewer sales this year (single family,
condominiums and vacant land), median prices continue to trend slowly upward in
2014.

Park City Ut Single Family Home Sales

By property type, single family homes had the least activity in Q2. The number of single
family home sales within Park City Proper was down 29% compared to the second
quarter in 2013. Both Snyderville Basin and Heber Valley were down 9%, and Kamas fell
6%. Yet pricing in most areas is climbing at a gradual pace. The median price for a single
family home within Park City Proper is $1,675,000 (up 36% over Q2 of 2013). The
median sales price for a single family home in the Snyderville Basin area is rising at a
slower pace, but is still up 8% over 2013 to a median sales price of $755,500. The
Jordanelle area saw the highest price increase, reaching $885,000 (up 48%). “We are
seeing buyers at different ends of the spectrum. Some have expendable income or cash
and don’t mind paying for a new product they like. Others are more cautious and
resistant to price increases,” says President of the Park City Board of REALTORS®, Marcie
Davis. Single family home prices remain relatively flat in both the Heber Valley with a
median price of $359,150 and the Kamas Valley with a median price of $268,460.

Park City Ut Condominium Sales

In contrast,...

SUMMER EVENTS IN PARK CITY UT

Summer fun in Park City Ut

Looking for lots of great things to do this summer? Check out the links and video below and go have fun!

Spend the 4th of July in Park City!

FRIDAY, JULY 4, 2014

7:00 am • Pancake Breakfast in City Park
$7 adults, $5 kids 12 and under.

8:00 am  • Cole Sport 5k Mountain Fun Run
Pre-registration until 5 p.m. on July 3
MORE INFO & REGISTRATION

11:00 am • 4th of July Parade • Main Street, Park City
Famous 4th of July Parade with over 70 floats celebrating Park City's Historiy


10:00 am - 9:00 pm  • Celebration in City Park 
Rugby games, live music, Rotary BBQ, beer garden, and children's...

Vail offers to buy out Park City Mountain Resort!

Vail makes its move to buy out Park City Mountain Resort

Tuesday March 25 Vail Resorts made a formal offer to Park City Mountain Resort to buy them out.

Vail stated their intent would be to keep most of PCMR's employees and still allow Camp Woodward to be built and operated. Tension has been high in our little ski town since this lawsuit has been initiated. We as a community are torn between keeping the quaintness and history of Park City Mountain and creating a destination resort like Whistler/Blackcomb or Vail/Beaver Creek. 

What is best for Park City? What is best for tourism ( pretty much everyone's livelihood)?

View the Park Record article below. Feel free to comment. 

http://www.parkrecord.com/ci_25419000/vail-resorts-makes-buyout-offer-pcmr

For all of your Park City Ut Real Estate needs please contact me at 435-731-0803 or heather@parkcityhousehunters.com

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