Tag Archives: real estate

Luxury Real Estate Headlines: Fourth Week in August 2018

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

Springdale, Utah | $1,900,000 Summit Sotheby’s International Realty

“Zion Overlook Lot. This incredible lot in Springdale overlooks Zion Canyon and the private Parunaweep Valley. Enjoy a birds-eye view of the entire canyon as the light and clouds move across the red rock cliffs. Then, stargaze into the dark sky at night. This is the ultimate Zion view lot, with 360 degree views of Zion!”

6 Unique Homes in Pennsylvania – The Week

High-End Spec House on a Large Lot in Palo Alto – Mansion Global

Hockey Great Steve Duchesne Lists Stunning Home in Texas’ Elite Vaquero – Forbes

Beachfront Carmel Knockout Asks $7.49 Million – Curbed

7 Scenic Homes Along the Great Lakes – The Week

Homes that Sold for Around $1,000,000 – The New York Times

A Beautiful Sagaponack Farm Asking $12.5M Goes into Contract After Just Three Months – Curbed

In Vienna, the Inner City is the Home of Luxury – Mansion Global

The Secluded Island Hideaways Where America’s Rich and Famous Escape – Wall Street Journal

Amsterdam House Price Surge Stoked by Nationwide Shortage of Homes – Financial Times

The French Quarter Offers Sophistication and Charm in the Heart of New Orleans – Mansion Global

House Hunting in… Sweden – The New York Times

Poster from One of the Earliest Public Movie Screenings is Heading to Auction – Smithsonian Magazine

Luxury Real Estate Headlines: Third Week in August 2018

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

Mapleton, Utah | Kerry Oman, Summit Sotheby’s International Realty

“After retiring from Major League Baseball in 2001, first-baseman Wally Joyner built a Utah home devoted to a very different sport: horseback riding. His equestrian estate includes a combination house and horse barn spanning some 45,000 square feet.”

Baseball’s Wally Joyner Lists Equestrian Estate for $7.9 Million – Wall Street Journal

A ‘Peak Penthouse’ in Point Piper, Australia – Mansion Global

This Dreamy Nantucket-Style Home on the Jersey Shore is Looking for a New Owner – Coastal Living

Hot Property: Homes with Glorious Gardens – Financial Times

Stand-Up Comic and Writer Steve Bluestein Puts Offbeat Bel-Air Abode on the Market – Los Angeles Times

A Gut Renovated Amagansett Property is on the Market for $5.95M – Cottages & Gardens

6 Lovely Homes for Gardeners – The Week

Tommy Hilfiger’s Penthouse Apartment is as Fashionable as You’d Imagine – Today

Bella Swan’s ‘Twilight’ House is Now Up for Sale – Observer

A. Quincy Jones-Designed Home in Brentwood Fetches $3.4 Million – Los Angeles Times

House Hunting in… Austria – The New York Times

Cooling Measures Could Calm ‘Euphoria’ for Singapore Flats, Property Experts Say – South China Morning Post

Wealthy Parents Help Child Athletes Go Pro in Their Own Backyards – Wall Street Journal

World’s First Film Poster Set to Go Up for Auction at Sotheby’s – The Guardian

April 2018 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 2017 with 603 units on the market and held steady from the previous month. The median listing price was just under $1.9 million. The average days on market was down 22% from 105 days in 2017 to 82 days in 2018. The median sales price was $740,000. The averages for units sold in the month of March decreased 17% for units sold year over year and decreased 3% month over month with a total of 71 units sold.

Greater Park City Area – Condominiums: Active inventory was down 14% from 2017 with 438 units on the market and down 3% from the previous month. The median listing price was just $900,000. The average days on market was down 27% from 92 days in 2017 to 70 days in 2018. The median sales price was $680,000. The averages for the month of March show a decrease of 17% for units sold year over year and increased 22%, month over month with a total of 71 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 2018 Greater Park City Real Estate Market Video Update

March 2018 Greater Park City Real Estate Market Video Update

Greater Park City Area – Single Family Homes: Active inventory was down 21% from 2017 with 572 units on the market and down 5% from the previous month. The median listing price was $2.01 million. The average days on market was down 26% from 148 days in 2017 to 109 days in 2018. The median sales price was $850,000. The averages for units sold in the month of February increased 9% for units sold year over year and held steady month over month with a total of 73 units sold.

Greater Park City Area – Condominiums: Active inventory was down 14% from 2017 with 427 units on the market and down 3% from the previous month. The median listing price was just over $950,00. The average days on market was down 27% from 107 days in 2017 to 78 days in 2018. The median sales price was just under $690,000. The averages for the month of February show a decrease of 19% for units sold year over year and increased 41%, month over month with a total of 58 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

January 2018 Greater Park City Real Estate Market Video Update

January 2018 Greater Park City Real Estate Market Video Update

Greater Park City Area – Single Family Homes: Active inventory was down 23% from 2017 with 581 units on the market and down 20% from the previous month. The median listing price was $1,850,000. The average days on market was down 13% from 102 days in 2017 to 92 days in 2018. The median sales price was just under $800,000. The averages for units sold in the month of December increased 4% for units sold year over year and decreased 16% month over month with a total of 85 units sold.

Greater Park City Area – Condominiums: Active inventory was down 18% from 2017 with 414 units on the market and down 2% from the previous month. The median listing price was just over $850,000. The average days on market was up 40% from 77 days in 2017 to 108 days in 2018. The median sales price was just over $480,000. The averages for the month of December show a decrease of 28% for units sold year over year and held steady over the previous month with a total of 65 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

December 2017 Washington County Real Estate Market Video Update

December 2017 Washington County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Washington 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.

Washington County – Single Family Homes: Active inventory was down 20% from 2016 with 894 units on the market and down 8% from the previous month. The median listing price was just under $390,000. The average days on market was down 15% from 62 days in 2016 to 53 days in 2017. The median sales price was just over $310,000. The averages for units sold in the month of November decreased 2% for units sold year over year and decreased 9% month over month with a total of 273 units sold.

Washington County – Condominiums: Active inventory was down 26% from 2016 with 122 units on the market and up 2% from the previous month. The median listing price was just over $210,000. The average days on market was down 13% from 31 days in 2016 to 27 days in 2017. The median sales price was just under $180,000. The averages for the month of November show an decrease of 23% for units sold year over year and 23% decrease over the previous month with a total of 34 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

Extraordinary Exposure: 69 White Pine Canyon gets Nod from Wall Street Journal

It’s an exciting day here at Summit Sotheby’s International Realty. Energy levels are high and copies of today’s Wall Street Journal are being passed about, photographed and shared all around. The bottom line: extraordinary properties deserve extraordinary exposure and we take pride in offering our clientele, at all price points, an unrivaled marketing experience.

The Story:
69 White Pine Canyon is one of Park City’s most coveted properties, owned by Skullcandy founder, Rick Alden. Sitting on over 5 acres, with direct access to both the 9990 and Peak 5 lifts, 69 White Pine Canyon is pretty much heaven on earth to winter enthusiasts all over the globe.

Marketing and positioning a property for sale of this magnitude is no small feat, so our in-house marketing and creative team went to work — and fast. First, killer photography. Second, produce a lifestyle film. And finally, call the press.

With a full exclusive in today’s Wall Street Journal and pickups on Unofficial Networks, Mansion Global, and Transworld (just to name a few) — we are excited to announce our newest Park City listing: 69 White Pine Canyon.

October 2017 Greater Park City Real Estate Market Video Update

October 2017 Greater Park City Real Estate Market Video Update

Greater Park City Area – Single Family Homes: Active inventory was down 22% from 2016 with 742 units on the market and down 10% from the previous month. The median listing price was $1,460,000. The average days on market was down 8% from 78 days in 2016 to 72 days in 2017. The median sales price was $790,000. The averages for units sold in the month of September increased 1% for units sold year over year and decreased 24% month over month with a total of 111 units sold.

Greater Park City Area – Condominiums: Active inventory was down 22% from 2016 with 387 units on the market and down 8% from the previous month. The median listing price was $959,000. The average days on market was up 26% from 82 days in 2016 to 103 days in 2017. The median sales price was just over $568,000. The averages for the month of September show an increase of 7% for units sold year over year and a 0% change 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.summitsothebysrealty.com/market-update

Extraordinary Video of the Week: Award Winning Historic Remodel in Old Town

$2,500,000 | Park City, Utah | Summit Sotheby’s International Realty

923 Park Avenue, Park City, Utah
4 BD | 5 BA | 2,874 SF | MLS #1460911

Construction complete on this award-winning, Historic remodel. This wonderful home, located just steps from Historic Main Street, has been rebuilt from top to bottom and offers the creature comforts of new construction and mountain modern design without losing its historic charm. Located right on Park Avenue within a half block to the Town Lift and everything Old Town has to offer, the location is truly fabulous. With almost 2,900 square feet, a fantastic, open main floor plan, lower-level family room with wet bar, a private main-floor master retreat, a dedicated bath in every bedroom, and a fantastic outdoor fire pit and lounge, this home is an amazing opportunity for a vacation or rental property in Old Town.

Global Network with Summit Sotheby’s International Realty and LuxuryRealEstate.com

The Park Record 8.12.2017

WE TAKE PRIDE IN OFFERING OUR CLIENTS AN UNPRECEDENTED LEVEL OF EXPOSURE
When your property is represented by Summit Sotheby’s International Realty, it not only benefits from the worldwide recognition and prestige of the Sotheby’s name, it also gains access to highly qualified global clientele through our exclusive affiliations with Sotheby’s International Realty and luxuryrealestate.com. These strategic affiliations ensure a consistent, high-quality customer experience, resulting in maximum exposure for our clients seeking to reach buyers from all corners of the world. Simply put, only with us will your property be displayed and marketed by the top two luxury real estate networks in the world. This level of exposure is just another example of how Summit Sotheby’s International Realty is like no other.