Tag Archives: market update video

September 2017 Greater Park City Real Estate Market Video Update

September 2017 Greater Park City 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 19% from 2016 with 800 units on the market and down 5% from the previous month. The median listing price was $1,390,000. The average days on market was up 16% from 69 days in 2016 to 80 days in 2017. The median sales price was $829,000. The averages for units sold in the month of August increased 9% for units sold year over year and increased 10% month over month with a total of 141 units sold.

Greater Park City Area – Condominiums: Active inventory was down 23% from 2016 with 397 units on the market and down 7% from the previous month. The median listing price was just over $899,000. The average days on market was up 21% from 67 days in 2016 to 81 days in 2017. The median sales price was just under $557,000. The averages for the month of August show an increase of 13% for units sold year over year and up 42% over the previous month with a total of 85 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

August 2017 Salt Lake County Real Estate Market Video Update

August 2017 Salt Lake County Real Estate Market Video Update

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

Salt Lake County – Single Family Homes: Active inventory was down 21% from 2016 with 2,309 units on the market and up 2% from the previous month. The median listing price was just over $424,900. The average days on market was down 4% from 25 days in 2016 to 24 days in 2017. The median sales price was just under $325,000. The averages for units sold in the month of July decreased 12% for units sold year over year and decreased 20% decrease month over month with a total of 1,094 units sold.

Salt Lake County – Condominiums: Active inventory was down 29% from 2016 with 560 units on the market and down 12% from the previous month. The median listing price was just under $269,800. The average days on market was down 4% from 24 days in 2016 to 23 days in 2017. The median sales price was just under $230,000. The averages for the month of July show a decrease of 2% for units sold year over year and down 12% over the previous month with a total of 369 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

July 2017 Greater Park City Area Real Estate Market Video Update

July 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 11% from 2016 with 793 units on the market and up 12% from the previous month. The median listing price was just $1,400,000. The average days on market was down 16% from 81 days in 2016 to 68 days in 2017. The median sales price was just under $720,000. The averages for units sold in the month of June increased 3% for units sold year over year and increased 33% month over month with a total of 132 units sold.

Greater Park City Area  – Condos: Active inventory was down 17% from 2016 with 677 units on the market and down 0% from the previous month. The median listing price was just under $875,000. The average days on market was down 14% from 87 days in 2016 to 75 days in 2017. The median sales price was $485,000. The averages for units sold in the month of June increased 13% for units sold year over year and increased 17% month over month with a total of 70 units sold.

March 2017 Greater Park City Real Estate Update

March 2017 Greater Park City 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 19% from 2016 with 629 units on the market and down 9% from the previous month. The median listing price was just under $1,750,000. The average days on market was up 17% from 132 days in 2016 to 154 days in 2017. The median sales price was just under $1,000,000. The averages for units sold in the month of December increase 15% for units sold year over year and decreased 17% decrease month over month with a total of 63 units sold.

Greater Park City Area – Condominiums: Active inventory was down 10% from 2017 with 447 units on the market and down 4% from the previous month. The median listing price was just under $1,000,000. The average days on market was up 20% from 88 days in 2016 to 106 days in 2017. The median sales price was just over $480,000. The averages for the month of December show a increase of 11% for units sold year over year and down 4% over the previous month with a total of 68 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

March 2017 Salt Lake County Real Estate Market Video Update

March 2017 Salt Lake County Real Estate Market Video Update

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

Salt Lake County – Single Family Homes: Active inventory was down 38% from 2016 with 1,397 units on the market and down 17% from the previous month. The median listing price was $430,000. The average days on market was down 4% from 47 days in 2016 to 45 days in 2017. The median sales price was $300,000. The averages for units sold in the month of December decreased 15% for units sold year over year and decreased 4% decrease month over month with a total of 672 units sold.

Salt Lake County – Condominiums: Active inventory was down 51% from 2017 with 371 units on the market and down 19% from the previous month. The median listing price was just under $270,000. The average days on market was down 33% from 46 days in 2016 to 31 days in 2017. The median sales price was just over $200,000. The averages for the month of December show a increase of 11% for units sold year over year and up 12% over the previous month with a total of 243 units sold.

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January 2017 Greater Park City Real Estate Market Update Video

January 2017 Greater Park City 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 16% from 2015 with 638 units on the market and down 18% from the previous month. The median listing price was $1,590,000. The average days on market was down 5% from 126 days in 2015 to 102 days in 2016. The median sales price was $670,000. The averages for units sold in the month of December decreased 2% for units sold year over year and decreased 2% decrease month over month with a total of 79 units sold.

Greater Park City Area – Condominiums: Active inventory was down 5% from 2015 with 454 units on the market and up 2% from the previous month. The median listing price was just over $1,060,000. The average days on market was down 35% from 111 days in 2015 to 72 days in 2016. The median sales price was just over $535,000. The averages for the month of December show a increase of 29% for units sold year over year and up 35% over the previous month with a total of 88 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.parkcitymarketupdate.com

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October 2016 Park City Real Estate Market Update

October 2016 Park City Real Estate Market Update

Summit Sotheby’s International Realty has released information about real estate markets in the Greater Park City area for September 2016. 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 8% from 2015 with 823 units on the market and down 11% from the previous month. The median listing price was just under $1,300,000. The average days on market was down 19% from 94 days in 2015 to 76 days in 2016. The median sales price was just under $800,000. The averages for units sold in the month of September was consistent for units sold during August year over year and decreased 23% decrease month over month with a total of 102 units sold.

Greater Park City Area – Condominiums: Active inventory was down 12% from 2015 with 427 units on the market and down 9% from the previous month. The median listing price was just $925,000. The average days on market was up 53% from 55 days in 2015 to 84 days in 2016. The median sales price was just over $530,000. The averages for the month of September show a decrease of 6% for units sold year over year and down 4% over the previous month with a total of 78 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.parkcitymarketupdate.com