June 2017 Greater Park City Area Real Estate Market Video Update

June 2017 Greater Park City Area Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in the Greater Park City area for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Greater Park City Area  – Single Family Homes: Active inventory was down 17% from 2016 with 677 units on the market and down 1% from the previous month. The median listing price was just over $1,420,000. The average days on market was down 36% from 118 days in 2016 to 76 days in 2017. The median sales price was just over $700,000. The averages for units sold in the month of May decreased 10% for units sold year over year and increased 15% month over month with a total of 1,224 units sold.

 

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