silver creek mp blog photo
Neighborhood Market PulseSilver Creek
March 16, 2017

4th Quarter Market Pulse – Silver Creek

Summary: Equestrian friendly Silver Creek Estates is one of Park City’s more rural neighborhoods with big panoramic views of the ski areas. Lot sizes range from under an acre to over 10 acres and many properties have horse facilities including barns, corrals and arenas. The newest subdivision is East Creek…
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Neighborhood Market PulseOld Town
March 13, 2017

4th Quarter Market Pulse – Old Town

Summary: Old Town is our most unique and colorful neighborhood. Like many of Park City’s residential neighborhoods it is a mix of primary residents & second homes, but it has a fair number of condos and rental properties mixed in too. Old town has the smallest lots and the highest…
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Neighborhood Market PulsePinebrook
March 8, 2017

4th Quarter Market Pulse – Pinebrook

Summary: Pinebrook is one of Park City’s larger neighborhoods with over 700 homes and over 400 residential townhomes. Single family homes range from about 2000 sq ft to over 7500 sq ft. Values have increased about 10% per year, over the last 5 years. 2016 average $$ per sq ft…
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summit park mp blog photo
Neighborhood Market PulseSummit Park
March 8, 2017

4th Quarter Market Pulse – Summit Park

Summary: Due to a strong 2nd half, 2016 ended up being a very good year for Summit Park properties. Values have increased about 8% per year, over the last 5 years. 2016 average $$ per sq ft is slightly ahead of where the market was right before the economy crash…
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pinebrook-mp-blog-photo
Neighborhood Market PulseTrailside
March 8, 2017

4th Quarter Market Pulse – Trailside

Summary: Trailside Area saw another good year of sales and value increases.  A total of 46 sales accounted for almost 8% of the total number of homes. Values have increased about 10% per year over the last 5 years. 2016 average $$ per sq ft is slightly ahead of where…
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Neighborhood Market PulseSun Peak
March 6, 2017

4th Quarter Market Pulse – Sunpeak

Summary: Sales activity picked up slightly in the 4th quarter with 5 closed sales. Based on the year ending with 5 Active listings and 8 sold in the last 6 months, the absorption rate shows a 4 month supply, which equals a seller’s market. Sun Peak’s four residential neighborhoods, Mahogany…
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Jeremy RanchNeighborhood Market Pulse
March 4, 2017

4th Quarter Market Pulse – Jeremy Ranch

Summary: Jeremy Ranch is one of Park City’s larger neighborhoods with over 1000 homes and 150 residential town homes. Values have increased about 8% per year, over the last 5 years. For 2016 average $$ per sq ft is almost back to where the market was right before the economy…
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Neighborhood Market PulseSilver Springs
March 3, 2017

4th Quarter Market Pulse – Silver Springs

Summary: In 2016 there were only 9 homes sales in the Silver Springs neighborhood (North Shore, South Shore, Silver Springs & Meadow Wild). The average price per sq ft in 2016 topped $300 and far surpassed the previous high average of $265 set in 2007. Like its adjacent neighborhood, Ranch…
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Neighborhood Market PulseRanch Place
March 1, 2017

4th Quarter Market Pulse – Ranch Place

Summary: This is one of the best performing neighborhoods, since coming out of the recession in 2012. Ranch Place had 8 homes sell in 2016. It is in a Seller’s market with a 1 month supply. Average $$ per sq ft at $360 in 2016 is well above the high…
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Neighborhood Market PulseWillow Creek
March 1, 2017

4th Quarter Market Pulse – Willow Creek

Summary: Willow Creek values have increased about 40% over the last 5 years. There were 5 homes sold in 2016, with all sales taking place before mid-year.  At year end there were 3 active listings and 1 pending sale. Absorption rate: based on 5 sales in 10 months, the 3…
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