Luxury Real Estate Headlines: Third Week in February 2018

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

2533 Geronimo Court – Park City, Utah | Listed by Christine Grenney

Look Inside the $24 Million Mansion That Cafe Bustelo Built – Bloomberg Pursuits

Inside Tommy Hilfiger’s $50 million penthouse – Fox

Pacific Sotheby’s International Realty Expands Presence in Southern California – The Ocean County Register

Capture the carnival: six homes in the heart of festivals – Financial Times

10 Vineyard Homes You Can Actually Move Into – Elle Decor

L.A. Home With Human Aquarium Seeks $28 Million – Wall Street Journal

Bijan Menswear Scion Lists Los Angeles Home for $2.95 Million – Mansion Global

Five reasons to live in Barcelona, Spain – Financial Times

$26.75 million Medina mansion is priciest Seattle-area home sale ever – Seattle Times

Which Penthouse Comes Out on Top? – Wall Street Journal

Opulent Friendswood mansion is a dream home for the whole family – Houston Chronicle

Atlanta’s former railway drives growth through the neighborhoods – Financial Times

West Hills in Southwest Portland Offers Laid-Back Luxury – Mansion Global

Indian HNIs third-largest buyers in US luxury real estate:  Report – Economic Times

From Bel-Air to Encino, a look at L.A. County’s high-water home sales in January – Los Angeles Times

Buenos Aires properties level off after steep rises – Financial Times

Eureka Valley home affords grand views, sumptuous finishes – San Francisco Chronicle

Sotheby’s Enlists New Power for Its Watches and Jewelry Division – New York Times

2018 Resort Report by Summit Sotheby’s International Realty

The annual Resort Report, analyzes data compiled from 12 prominent resort communities in Park City, Utah and the western half of the United States, keeping consumers up-to-date on the overall housing market in each area, and positioning them to make better real estate decisions, whether purchasing or selling a home in a Resort market.

As the national residential real estate market continues to evolve, it is important to note that markets demonstrating some of the most unique performances in the nation, are those located in resort communities in Park City, Utah and the western United States.

Our annual Resort Report analyzes data pertinent to the various resort real estate markets located in Park City, Utah and the western United States, helping consumers make better real estate decisions, whether purchasing or selling a home in a resort area.

When contemplating as large a financial commitment as the purchase or sale of a primary or second home in a resort area, market data can make a significant impact on making sound financial decisions. Summit Sotheby’s International Realty, and the many respected Sotheby’s International Realty affiliates that contributed to this report, remain committed to helping consumers make better real estate decisions, whether purchasing or selling a home.

Visit summitsothebysrealty.com to search our listings in each resort market!

Luxury Real Estate Headlines: First Week in February 2018

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

$3,150,000 USD | Park City, Utah | Summit Sotheby’s International Realty

“This amazing Park City home is so beautiful, you’ll want to see every single photo. Every part of this home has been finished perfectly. Starting with amazing views, add a perfectly designed home, finish it with custom furniture and you have this home. Amazing details include windows that open to the fresh Utah air, reclaimed wood beams and exterior, magnificent cabinetry, and exquisite tile, marble and stone. More than just a pretty home, the kitchen has Viking professional appliances, the bathrooms have showers with multiple shower heads, and the master closet is fit for a king and queen. Other luxurious finishes include a 600 bottle wine cellar, B&O AV equipment, outdoor fire pit, spa and pool, and a 4-car garage. Furnishings negotiable.”

 

Waterfront White House on the Côte d’Azur Hits the Market for Over $10 Million – Robb Report

A Hamptons House Restored – Wall Street Journal

Hot Properties: Five Homes with Fabulous Fireplaces – Financial Times

An Amenity-Rich Aspen Ranch with Acres of Scenic Land – Mansion Global

Villa with a View: A Perfect Yachtie Hideaway in the San Juan Islands – Boat International

For Sale: 6 Lovely Duplex Properties – The Week

An 18th Century Converted Villa in Italy with its Own Wine Lab – Mansion Global

Ali Wentworth and George Stephanopoulos List Their Southampton Estate for $6M – Curbed

8 Incredible Homes in Hawaii to Add to Your Real Estate Wish List – Coastal Living

Bask in the Romance of These 5 Italian Villas – Robb Report

Peek at the Amenity spaces in Nomad’s Opulent 212 Fifth Avenue – Curbed

Rob Reiner’s Former Home in Beverly Hills Brings in $3.925 Million – Los Angeles Times

Aspen Property: What to Buy, Where to Buy it, in the St. Moritz of the Rockies – Country Life

Busch Heir Hermann and Wife Buy Estate Section House for $11.3 Million – Palm Beach Daily News

These Were the Most Expensive Homes Sold in La Canada Flintridge Last Year – Los Angeles Times

The Coolest Eco-Friendly Homes on the Market Right Now – Elle Decor

Rare Picasso Painting Expected to Fetch US$50 Million Makes Debut in Hong Kong Ahead of Auction – Straits Times

Here’s What $1.5 Million Will Buy You Across Utah

The number of homes worth more than $1.5 million is rising across the U.S. But the amount of space you can get for $1.5 million varies a lot especially depending on where you’re looking. Scroll down to see 10 examples of what home buyers can get for $1.5 million along the Wasatch Front, Wasatch Back and Southern Utah.

Equine Excellence | Living the Equestrian Lifestyle

Buying an equestrian property is unlike any other real estate purchase, and owning it is unlike any other way of life. There is an emotional component, sometimes even an aspirational one.

While love for the animal drives the lifestyle, it takes more than passion. Maintaining a horse farm, even a small property for hobbyists, requires specific knowledge.

The characteristics that make for a particularly good location are based on personal preferences but typically involve an area having a range of horse properties to choose among, an extensive trail system, comfortable riding weather and a vibrant horse culture.

$5,250,000 USD | Kamas, Utah | Summit Sotheby’s International Realty

“This property is a 23 acre Horse Lover’s Dream located in Kamas, UT. 45 minutes from the Salt Lake City International Airport, 20 minutes from the Heber Airport, 15 minutes from Park City with access to the Unita and Wasatch Mountains. It is rare that I come across a property so well put together as this and with only the best materials. Screaming Eagle Ranch has everything needed to enjoy your family and animals year round. A total of 23.86 acres features a gorgeous home with an open floor plan and main level living. The custom wood barn has 10 Classic European Stalls, Heated Automatic Waterers, Enclosed Tack Room and Hay Storage with a luxury apartment and more hay storage on the second floor. Next to the barn is your 300′ x 165′ Outdoor Arena to enjoy the clean mountain air and amazing views. The arena is well lit with overhead lighting and well protected with 4 Rail Pipe Fencing. For the colder days move up to the 42,000 sqft fully heated Indoor Arena. Completed fenced with 4 Rail Diamond Fencing. Well designed for ease of use and comfort, this arena has a enclosed sitting area with Kitchen, Bath, and Laundry. An extra tack room and adjoining pens provide everything needed to effectively work your animals. A 150′ x 75′ shop is perfect for storing your equipment, trailers, and toys. With all of this there is still room for 7 Large Pens, 2 Two Acre Pastures, 1 One Acre Pasture, and the last 10.55 Acres of grazing or hay producing pasture all fenced with secure 3 rail drill pipe fencing and all pens have access to automatic heated waterers. The owner has truly thought of everything.”

 

$620,000 USD | Sandy, Utah | Summit Sotheby’s International Realty

“Located on a private lane, this gorgeous hand crafted home is perfect for anyone that enjoys the outdoors. Large lot is zoned for up to 4 horses and is around the corner from the Dimple Dell Equestrian Park. Enjoy the serenity of the fully landscaped back yard with no immediate neighbors to the front or back, or venture out your front door to amazing hiking, biking and horse back riding. The layout of the home is great for entertaining for the night or the weekend, with separate apartment downstairs. Be in the middle of it all in this gorgeous property.”

$2,499,000 USD | New Harmony, Utah | Summit Sotheby’s International Realty

Riata Ranch, located in New Harmony, Utah is the ultimate horseman’s paradise. It has the tranquility of mountain country living and the convenience of easy access from I-15 just 30 minutes North of St. George. The Ranch has unbelievable views of the “Kolob Fingers” in Zion National Park to the East is surrounded by Pine Mountain, New Harmony Valley, and Dixie National Forest. The fenced and gated ranch has a main home, casita, barn with bunkhouse, western town, and covered 9,375 sq. ft. arena. The western town actually fronts another bunkhouse with living accommodations, water tanks from the well, and a large RV garage with workshop. There is also a large open arena and gated pasture, plus much more.

 

Summit Sotheby’s International Realty Update for February 2018

Our Passion Points — Unrivaled Online Syndication

Summit Sotheby’s International Realty’s strategic online syndication ensures that your property is displayed to a qualified, world-wide audience. Only with us will your home have the presence it deserves on over 5,000 websites, including the most authoritative news, art, lifestyle, financial voices as well as real estate-centered websites.

To increase property exposure and ultimately uncover the right buyer, the Sotheby’s International Realty brand has partnered with ListHub to distribute the properties we represent to the most significant media companies and real estate focused websites in the world. Results are measured with a variety of analytics and reporting tools, which enable sales associates and clients to refine a marketing campaign’s impact.

This level of exposure is just another reason why Summit Sotheby’s International Realty is like no other.

Summit Sotheby’s International Realty Development Update for 2018

Summit Sotheby’s International Realty represents some of the most respected builders and developers in the Park City, Salt Lake, and St. George areas featuring luxury estate homes, single family homes, townhomes, condominiums, mixed use and master planned communities. Our development team is comprised of a group of seasoned agents that not only have many years of experience, but represent a wide range of talents necessary for successful marketing and sales. From backgrounds in construction, project management, interior design, and various leadership roles, all talents and skills are represented.

The Jordanelle Estates… Only Two Remain
Only two 5 bedroom single family homes remain available at The Jordanelle Estates each with sweeping views, fantastic outdoors spaces and a location that is just 10 minutes to downtown Park City, world class skiing, and 30 minutes to Salt Lake City International Airport. These homes are equipped with oversized 3-car garages, open floor plans, large walls of glass, main level master bedroom, a custom bunk room, high end appliances, vaulted ceilings, steam shower in the master and more. With the ability to rent on a nightly basis and access to the community clubhouse with pool, hot tub, theater and gym, these homes offer everything desired in a mountain lifestyle from fresh air, mountain views, and instant access to amazing outdoor activities along with the flexibility of use that can be so hard to find in a single family home this close to Park City and Deer Valley.
For more information, visit JordanelleEstates.com or call 435.729.0389.
New Modern Luxury in the Heart of Old Town at the Roundabout
In the center of everything, just steps from Main Street and three bus stops from Deer Valley’s Snow Park base, there is nothing else like Roundabout. The residences live like a single family, but with the lock and leave convenience of a condo, each comes with two private parking spaces plus additional off street parking, a private elevator and unbelievable storage. With just two residences at Roundabout left the opportunity to own is limited.
For more information, visit RoundaboutParkCity.com or call 435.640.4147.
Victory Ranch
Victory Ranch is a private, four-season community amidst 6,700 pristine acres along four-miles of the Upper Provo River. Amenities include an 18-hole Rees Jones golf course, world-class fly-fishing, miles of mountain biking and hiking trails, 5-stand shooting facility, 4×4 adventures, snowmobiles, backcountry yurts, fishing ponds, multiple restaurants, a ski-in/ski-out lodge in Park City and more than 4,000 acres of untouched backcountry.
The Post clubhouse , which includes our concierge, retail store, a heated pool, two hot tubs, fire pit and seasonal grill. Our newest amenity, The Barn, is a destination for recreation, fun, and wellness. The Barn has a Pizza and Ice Cream Parlor, Art Studio, Game Room and Indoor basketball and sport Court as well as a Fitness center, Spa, and Platform Tennis courts. Coming soon to The Barn, a 75-foot swimming pool with hot tub, waterslide, tranquil stream and pond, a great event  lawn, bocce ball court, and tennis courts.
Victory Ranch is approximately 15-minutes from Deer Valley  and 20 minutes to Park City.
For more information, visit www.victoryranchutah or call 435.785.5000.
Affordable, New Construction Minutes from Park City at Wasatch Springs
Wasatch Springs is the latest community for the family owned, Utah home builder, Holmes Homes.  Wasatch Springs offers 30 Townhomes ranging from 1550SF up to 2800 Sf, Three and Four Bedrooms and Attached 2 car garages.  With prices starting at $474,900 there is no better value on the market.  The floor plans are incredibly efficient with no wasted space and plenty of storage throughout.  There are numerous upgrades and designer finishes out of the box (no upgrading needed).  One feature of the community that has been appreciated by all 9 of the current buyers is the affordable HOA dues.  After researching the market and talking to would be home owners it was apparent that affordable HOA dues were important.  Our buyers/clients are out recreating and enjoying the Park City lifestyle and they value that over $400- $500/ mo HOA dues for amenities that tend to go unused most of the year.  Currently we have 15 homes under constructions and 9 of them are sold.  Occupancy will begin in March and go through into Summer 2018.
For more information, visit www.wasatchsprings.com or call 435.901.9250.
Promontory:  It’s All Here… Now!
Promontory Club is a visionary second home private community in Park City, spread across 6,400 acres and offering an incomparable mountain recreational lifestyle.Promontory Homes offers new luxury homes in five premier locations – all within our gated community.   Select from a variety of deluxe designs and neighborhood settings in our award-winning club. Designed to take advantage of the active four season lifestyle at Promontory, five distinctive product lines offer a variety of styles, price ranges and neighborhoods for discriminating buyers.
The Private Estates, located on the Jack Nicklaus Signature Golf Course, are adjacent to the New Beach House and winter Tubing Hill; The Nicklaus Residences At Golden Bear on the Jack Nicklaus Signature Golf Course, are within walking distance of the Nicklaus Clubhouse; The Cabins at Dye and Buffalo Jump overlook the Pete Dye Golf Course and feature expansive views of the Alpine Mountain Ski Resort; The Nicklaus Villas At Golden Bear, adjacent to the Nicklaus Clubhouse, are a short walk to the new Nicklaus Fitness Center, and The Cottages (coming soon), on the Jack Nicklaus 18th Tee offer eye-popping vistas of the Wasatch mountain range and Deer Valley Resorts Bald Mountain.
Promontory Homes lets you choose the ideal, newly built home for your family in our magical mountain setting.  Prices range from $1,345,000 to $3,074,000 along with a variety of product types and locations.
For more information, visit www.PromontoryClub.com or call (888) 370-CLUB.
High Star Ranch
High Star Ranch is nestled in the high mountain valley of Kamas, Utah. Just minutes from the world class ski Resorts of Park City, Utah. Our 1,049 acre ranch community offers a new take on community, with over 300 future homes and amenities that will keep you entertained year round. Revel in the outdoors with High Star Ranch’s amenities that include, 16 miles of professionally designed, single track, mountain bike trails, direct access to the 2.2 million acre Uinta National Forest, equestrian facilities and our on-site Outfitter, Rhodes Valley Outfitters. The renowned DeJoria Center provides an unrivaled concert and entertainment venue along with the award-winning State Road Restaurant and Tavern for your dining needs.High Star Ranch consists of six distinct residential neighborhoods to appeal to the most discerning buyer.
Our newest real estate offering consists of 62 homes, thoughtfully designed by local architect Rick Brighton. High Star’s Thorne Creek subdivision will offer three, four and five- bedroom, exceptionally crafted homes built by Joe Kennedy. Build your custom home in North Meadow Subdivision with home sites with spectacular views. Come to live, visit, dine—or take in an intimate concert, conquer the bike trails, ride a horse, hike the back country or just relax in an incredible country setting.
For more information, visit HighStarRanch.com or call 435.640.6597
Deer Vista
It has been a busy holiday season at Deer Vista. We currently have eleven home sites  under contract and several more buyers expressing interest. In addition we are happy to announce that a spectacular Jennings Home is currently under way in Deer Vista. Currently being constructed by Alexander Design / Build Homes. With a contemporary design and the finest of finishes this home is scheduled to be complete in February 2018. We are looking forward to a phenomenal 2018!
We invite you to join Park City’s most exciting new community where you can find solitude and room to breathe while living only minutes away from Historic Main Street, Park City, Utah. Deer Vista is a gated, private community with remarkably low HOA dues. Residents enjoy direct recreational access and  coveted panoramic views of Jordanelle Lake and the Wasatch Back, including Deer Valley Resort.

For more information, visit www.deervista.com or call 435.731.0305 or 435.901.8333.

Empire Residences
New ski-in / ski-out luxury residences in the village at Empire Pass, featuring mountain modern design and dramatic vista views.Empire Residences boasts a rare combination of location, features and design, never before assembled in a single property — direct ski access, beautiful mountain & ski slope views from every unit, expansive outdoor decks with hot tubs, and through-building unit design with private entries. Only twenty luxury residences offered. Prices start at $1,050,000.
For more information, visit www.empireresidences.com or call 435.901.2158.
Goldener Hirsch
This exciting real estate opportunity located on the last remaining parcel in Silver Lake Village will be the first of its kind in over a decade. World renowned architect Tom Kundig has designed a modern interpretation of a mountain ski lodge complemented with sophisticated interiors by Todd-Avery Lenahan. Their combined talents have delivered something truly unique for Deer Valley. Connecting the new Residences to the iconic Goldener Hirsch Inn is a Bridge Plaza that provides a wonderful outdoor gathering space. Additional amenities include a front check-in lobby and library lounge, valet parking, concierge, bellman, courtyard patio and fire pits, conference center, spa treatment rooms, ski-prep room, on snow ski storage, après-ski lounge, game room, konditorei, and a stunning rooftop patio with a pool and hot tub boasting amazing views.

For more information, visit thegoldenerhirsch.com or call 435.901.2158.

Encanto, St. George
Encanto is a uniquely limited and exclusive 30 homesite community located on Snow Canyon Parkway just minutes from Tuacahn. Snow Canyon has some of the area’s best hiking and biking trails. Amenities include; clubhouse with fitness center, outdoor pool and spa, and pickle ball courts. Share this experience as this gated community allows for nightly rentals.
Currently Encanto has 1 move-in ready home and 3 homes under construction that are available and there is still time to select your home site and floorplan.
For more information, visit encantoutah.com or call 435.619.3399.

 

FORBES Interview With Chief Marketing Office Kevin Thomson

Chief Marketing Officer Kevin Thompson of Sotheby ‘s Internatioanal Realty sits down with Forbes to discuss the emerging luxury consumer. The Sotheby’s International Realty CMO knows what affluent millennials want in home purchases and how they’re engaging with luxury brands.

28th Annual St. George Area Parade of Homes

The Southern Utah Home Builders Association (SUHBA) and Summit SIR welcomes you to attend the 28th Annual St. George Area Parade of Homes. SUHBA members are builders, craftsmen, innovators, problem solvers, trend setters, designers, manufacturers, artists, suppliers, financers and leaders located in Southern Utah.  They have contributed countless hours to ensure each Parade home represents the best in home building. As a result, they have one of the best Parade of Homes in the country. We hope you consider attending this year’s event and sincerely appreciate your support. Learn more at ParadeHomes.com

Intercap Lending Mortgage Update – RATES ARE STILL GREAT!

As 2018 started, mortgage rates had held below 4% for 26 straight weeks. The past couple of weeks have seen this stretch come to an end with the average 30-year rate nationwide being in the mid 4% range. This increase in rate is due to China making statements that they are less interested in U.S. Treasuries, along with our own government rebalancing their balance sheets to have less exposure in the bond market. These items combined with the tax and healthcare reform have made for a fairly volatile market.

The good news is that analyst consensus seems to be that the economy is growing, and coupled with lower corporate taxes, many feel that the economy will strengthen even further. Fortunately, rates are still near half their historical average. Rates are still great! There is still time to lock in current rates before they rocket higher.

Visit https://www.intercaplending.com today!

 

Luxury Real Estate Headlines: Last Week in January 2018

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

$7,500,000 USD | Park City, Utah | Summit Sotheby’s International Realty

“Valley mountain contemporary masterpiece! Completed in 2013 by Magleby Construction. This home sits at the apex of Snow Top in Deer Crest and has nearly 360 degree views from the Jordanelle Reservoir to Deer Valley and Park City Resort out to Kimball Junction and Jeremy Ranch! Located in the exclusive gated community of Deer Crest Estates, you have the privacy and seclusion you love – but are within a 5 – 10 minute drive to all of the conveniences you need. Magnificent ski home with 5-luxbedrooms, multiple family rooms, office, theater room, fitness room, quad-queen beds bunk room, game & billiards room with glass wine cellar, and more. Huge covered decks for al fresco dining in the summer. Fire pits to gather around on cool evenings. Glass elevator to enjoy the views while you move from level to level. Surrounded by hiking and biking trails. Relax in the steam shower after a day of skiing, And a chef’s dream kitchen! This home is a Deer Valley dream home for certain!”

A Contemporary Villa Close to Algarve’s Best Beaches and Golf Courses – Mansion Global

Sotheby’s International Realty’s Kevin Thompson: The New Luxury Consumer – Forbes

What’s on the Market in Bend, Ore. – Wall Street Journal

Ice, Ice, Maybe: Five Homes That Offer Winter Sports – Financial Times

Here’s Your Chance to Live in a Medieval French Village – Robb Report

Our Top 5 Properties of the Week – The Spaces

House Hunting in… Quebec – The New York Times

Millennial Buyers Have Real Purchasing Power and Expect to be Wowed – Mansion Global

Woodstock’s Stock Rises with Supply of New Homes – Financial Times

Homes That Sold for Around $1 Million – The New York Times

10 Dream Homes That Take City Dwelling to a Whole New Level – Elle Decor

Sotheby’s Acquires Thread Genius to Build its Image Recognition and Recommendation Tech – TechCrunch

Luxury Real Estate Headlines: Third Week in January 2018

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

$974,900 USD | Holladay, Utah | Summit Sotheby’s International Realty

“Beautiful Holladay home close to schools. Enjoy a custom, natural cherry kitchen with granite slab counter tops, built in fridge and two dishwashers. Family room off the kitchen with custom cabinets and gas fireplace. Main floor den with built-in desk. Large master bedroom has a deck overlooking the pool and a large jetted tub in the master bath. Fun lower level party room with a home theater system that has drop down screen (includes all the audio/video components), pool table, kitchen and river rock gas fireplace. Built-in gas BBQ by the pool and hot tub. Heated sidewalk and partially heated driveway. Featuring energy saving 90+ furnaces, tank-less hot water heater and a 30k solar panel system with back up emergency power.”

Midcentury Modern on the Market – Wall Street Journal

This $9.8 Million Italian Villa Was Owned by Napoleon’s Sister – Bloomberg

This Anguilla Estate Comes with a Private Beach and Infinity Pool – Robb Report

Storied 1780 Home on Market for the First Time in 100 Years for $1.85M – Curbed

Shape Up: Five Homes for Fitness – Financial Times

Buy Another Piece of Grey Gardens History – WWD

Be the Ruler of Your Own Castle for $2.8M – Curbed

Sellers Add Art to Sweeten $74M Penthosue Deal – New York Post

Popular Midcentury Modern Homes are Fetching Top Dollar – Wall Street Journal

Want to Be in a New Vacation Home by This Summer? Buy Now. – Mansion Global

House Hunting in… Germany – The New York Times

Santiago’s Vitacura is Near the City’s Business Center But Feels a World Away – Mansion Global

How to Buy a Holiday Home in Belize – The Times

Homes That Sold for Around $1.5 Million – The New York Times

10 Gorgeous Homes That Get Luxe Mountain Living Right – Elle Decor

Sotheby’s Displays Surrealist Magritte and Rare Works by Other Artists – Reuters

Greater Park City Market Update | 2017

We invite you to review Summit Sotheby’s International Realty’s residential market update for the Greater Park City area comparing 2017 with previous years’ data. This update also provides market data for Summit County, Wasatch County, 84060, 80498 and individual Park City MLS areas.

Greater Park City – Single Family Homes – All MLS: The number of single family homes sold was up 11% year over year with 1,283 units sold and sales volume was up 15% at $1,494,577,807. The average days on market was 87 days representing a 7% reduction year over year. The average sale price was up 4% to $1,164,909 and the average price per sq. ft. was $291.

Greater Park City – Condos – All MLS: The number of condos sold was up 4% year over year with 906 units sold while total sales volume was up 14% at $701,607,987. The average days on market was 99 days and up 24% year over year. The average sale price was up 9% to $774,402 and the average price per sq. ft. was $429.

Market data provided includes Average List Price, Average Sold Price, Average Monthly Supply of Inventory among others for 25+ distinct Park City market areas and is broken out by Single Family Homes and Condominiums and Vacant Land.

PCMLS areas include: Aerie, Deer Crest, Empire Pass, Glenwild – Silver Creek, Jeremy Ranch, Jordanelle, Kimball Junction, Lower Deer Valley® Resort, Upper Deer Valley® Resort, Old Ranch Road, Old Town, Park Meadows, Pinebrook, Promontory, Prospector, Silver Springs, Summit Park, Sun Peak – Bear Hollow, Thaynes Canyon, The Canyons, Trailside Park, Heber – Daniels, Midway – Charleston, Timberlakes, Kamas – Marion, Oakley – Weber Canyon, Wanship – Hoytsville – Coalville – Echo and Henefer,  Woodland – Francis.

No matter where you are in the real estate process of buying or selling, understanding the real estate trends is essential to your success in the local housing market so please contact your local Summit SIR sales associates for help!

Greater Park City Market Update | Q4 2017

Summit Sotheby’s International Realty has released information about real estate markets in the Greater Park City area for the 4th Quarter of 2017.

Market data provided includes Average List Price, Average Sold Price, Average Monthly Supply of Inventory among others for 25+ distinct Park City market areas and is broken out by Single Family Homes and Condominiums and Vacant Land.

PCMLS areas include: Aerie, Deer Crest, Empire Pass, Glenwild – Silver Creek, Jeremy Ranch, Jordanelle, Kimball Junction, Lower Deer Valley® Resort, Upper Deer Valley® Resort, Old Ranch Road, Old Town, Park Meadows, Pinebrook, Promontory, Prospector, Silver Springs, Summit Park, Sun Peak – Bear Hollow, Thaynes Canyon, The Canyons, Trailside Park, Heber – Daniels, Midway – Charleston, Timberlakes, Kamas – Marion, Oakley – Weber Canyon, Wanship – Hoytsville – Coalville – Echo and Henefer,  Woodland – Francis.

Ask a Summit Sotheby’s International Realty REALTOR® for help interpreting these charts.