Best BuysStatistics October 15, 2011

Deer Valley #1 Ski Resort

In the middle of leaf peeping season ParkCity’s first snow arrived last Thursday, October 6th.  With upperDeerValley seeing eight inches, this blustery storm wasn’t just a sprinkle.

 And now the rest of the story …                                

 DEER VALLEY RESORT RANKED THE #1 SKI AREA IN NORTH AMERICA  FOR AN ASTONISHING FIFTH YEAR IN A ROW!

Voted overall #1 by the readers of Ski Magazine Deer Valley has not dipped below #3 in the last 10 years.  Individual comments of those surveyed included top notch service, impeccable grooming, outstanding food, and a consistent first-class experience.  For everything Deer Valley visit www.deervalleyresort.com.    

OVERALL REAL ESTATE DEMAND IMPROVES 

The Park City MLS and Wells Fargo report that as of September 1, 2011 new pending sales are up 21% and closed sales are up 24% when compared to the same time period in 2010.

Best Buys this month include new, two and three bedroom single family town homes, by the Jordanelle Reservoir starting in the $270’s, golf club lots beginning at $80,000, and a furnished Deer Valley ski to/ski from condo at an unprecedented $1,350,000.

To see all Park City/Deer Valley offerings go to our web site at www.homes-parkcity.com.   

LUXURY SALES

Luxury home sales inPark City have improved this year when compared to last.  From January 1, 2010 to October 1, 2010 there were 98 home sales over one million dollars.  During the same time period this year the Park City MLS showed 108 home sales over one million; of those, eight exceeded four million.

Luxury condominiums in town have also performed well this year with 55 sales over one million – the priciest weighing in at eight million.

If you’re curious about the state of the international luxury real estate market visit the latest release from Christies International Real Estate at http://christiesrealestate.com/content/files/cire.stateofthemarketreport.pdf.

IN CASE YOU WERE WONDERING …

Park City’s year round in town population, that’s the white barn to Deer Valley and Park City Mountain Resort to Prospector, is 7558 people.

Our median age is 37.4; I left that median quite some time ago.

Aspen andSun Valley are 40 and 47 respectively.

 66% of performances, concerts, films and exhibits in 2010 were offered free of charge.

Our three ski resorts enjoyed over 1.8 million skier days in 2010.

For more of the above regarding ParkCity’s demographics, economy, community, and more check out the ever popular Park Records latest MILEPOST 2011 at http://www.partkcityrealtors.com/useful-links