Tag Archives: video

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

December 2017 Greater Park City Real Estate Market Video Update

December 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 23% from 2016 with 667 units on the market and down 10% from the previous month. The median listing price was $1,690,000. The average days on market was down 25% from 101 days in 2016 to 76 days in 2017. The median sales price was $627,500. The averages for units sold in the month of November increased 5% for units sold year over year and decreased 19% month over month with a total of 96 units sold.

Greater Park City Area – Condominiums: Active inventory was down 19% from 2016 with 389 units on the market and up 3% from the previous month. The median listing price was $950,000. The average days on market was up 26% from 90 days in 2016 to 113 days in 2017. The median sales price was just over $525,000. The averages for the month of November show a decrease of 6% for units sold year over year and an decrease of 36% over the previous month with a total of 61 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.

Extraordinary Video of the Week: Awesome Unit with Unobstructed Views

$2,900,000 | Park City, Utah | Summit Sotheby’s International Realty

6597 Lookout Drive #9, Park City, Utah
5 BD | 4.5 BA | 5,743 SF | MLS #1388798

Located in the Silver Lake area of Deer Valley®. This exquisite townhome lives like a single family home with unobstructed views of Deer Valley® and Park City. This is a great family home with a superb great room, media room, plus a large family room, gourmet kitchen, and two-car garage. The HOA trails on the property and a free shuttle to both Snow Park and Silver Lake Lodge are just a few qualities of the property. Located mid-mountain at Deer Valley® Resort, the area known as Upper Deer Valley is the location of some of the area’s most beautiful and elegant mountain homes and condominiums.

The Importance of Video and Real Estate Marketing at Summit SIR

You’ve heard that a picture is worth 1,000 words? Well, Forrester Research found that just one minute of video is worth 1.8 million words — that’s the same as roughly 3,600 Web pages of text. And according to the Online Publishers Association, 80 percent of viewers remember what they’ve seen in videos.

Of homebuyers who use video in their search, 86 percent use it to research a particular community, and 70 percent use it to tour the inside of homes.

John Passerini, VP Interactive Marketing for Sotheby’s International Realty, asserts that video is an absolute necessity for REALTORS®. “Consumers are ready to consume video,” Passerini said about creating video consumers love. “That’s the way they want to experience properties. People want stories complemented with video content.”

Our real estate agents understand how important selling lifestyle can be in the selling process and have started to leverage it with the power of real estate video – real estate lifestyle video that is. A lifestyle video offers a way to not only show what a home looks like, its amenities or location – but how life could be lived IN IT.

Lifestyle videos create a unique selling proposition and value proposition for the agent. Luxury sellers and buyers want different, they want unique – lifestyle videos are both.

Ryan Samanka, our in-house videographer, has spent the last decade creating award-winning content with a focus on outdoor recreation, music, sports, arts, culture, and entertainment. Having worked on a wide variety of projects ranging from documentary production, cinematography, live television, photojournalism, and podcasting — to print, design, social media, and advertising — Ryan wields a versatile skill set which enables him to adapt and grow among the ever-expanding universe of multi-platform media industries.

About Summit Sotheby’s International Realty’s Videography Team

We take pride in offering our clients an unprecedented level of exposure. Day in and day out, the team at Summit Sotheby’s International Realty is working behind the scenes to innovate, be ahead of the curve, and ensure our clients’ properties are in front of qualified buyers worldwide.

From the way the day’s first light pours through a bedroom window, to the calming pops of the living room’s wood burning fireplace, every property has a story. We believe these stories need to be told and are a crucial part of successfully marketing our clients’ homes. This is why we’re proud to be Utah’s only real estate brokerage with an in-house, award winning video production team.

Ryan and our videography team, backed by the power of the Sotheby’s International Realty brand, push our video content out to over 5,000 websites, including the most trafficked news, finance, lifestyle and real estate websites in the world. Our commitment to bringing the newest technologies and creative marketing to those who trust us in representing their properties is just another reason why Summit Sotheby’s International Realty is like no other.

Summit Sotheby’s International Realty brand will continue to push the boundaries of video in the real estate industry – higher production value, 4K resolution, 360 video… so keep watching. Visit our video channel at summitsothebysrealty.com/video.

July 2017 Greater Park City Area Real Estate Market Video Update

July 2017 Greater Park City Area Real Estate Market Video Update

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.

July 2017 Salt Lake County Real Estate Market Video Update

July 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 25% from 2016 with 2,123 units on the market and up 11% from the previous month. The median listing price was $430,000. The average days on market was down 8% from 24 days in 2016 to 22 days in 2017. The median sales price was just under $330,000. The averages for units sold in the month of June decreased 15% for units sold year over year and decreased 11% month over month with a total of 1,224 units sold.

Salt Lake County – Condominiums: Active inventory was down 29% from 2017 with 569 units on the market and down 1% from the previous month. The median listing price was just over $265,000. The average days on market was down 8% from 25 days in 2016 to 23 days in 2017. The median sales price was just under $220,000. The averages for the month of June show a decrease of 16% for units sold year over year and decreased 7% over the previous month with a total of 368 units sold.

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June 2017 Salt Lake County Real Estate Market Video Update

June 2017 Salt Lake County Real Estate Market Video Update

Salt Lake County – Single Family Homes: Active inventory was down 31% from 2016 with 1,798 units on the market and up 6% from the previous month. The median listing price was just under $440,000. The average days on market was down 4% from 26 days in 2016 to 25 days in 2017. The median sales price was just over $332,000. 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.

Salt Lake County – Condominiums: Active inventory was down 30% from 2017 with 516 units on the market and up 4% from the previous month. The median listing price was just under $270,000. The average days on market was down 34% from 35 days in 2016 to 23 days in 2017. The median sales price was just under $230,000. The averages for the month of May show a decrease of 16% for units sold year over year and decreased 1% over the previous month with a total of 364 units sold.

April 2017 Greater Park City Real Estate Update

April 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 March 2017. 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 15% from 2016 with 647 units on the market and down 0% from the previous month. The median listing price was just under $1,700,000. The average days on market was up 2% from 104 days in 2016 to 106 days in 2017. The median sales price was just under $750,000. The averages for units sold in the month of December increased 9% for units sold year over year and increased 27% decrease month over month with a total of 85 units sold.

Greater Park City Area – Condominiums: Active inventory was down 7% from 2017 with 464 units on the market and down 4% from the previous month. The median listing price was just under $990,000. The average days on market was down 4% from 88 days in 2016 to 106 days in 2017. The median sales price was just under $600,000. The averages for the month of December show a increase of 76% for units sold year over year and up 17% over the previous month with a total of 81 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

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March 2017 Greater Park City Real Estate Update

March 2017 Greater Park City Real Estate Market Video Update

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