Courtesy of Kathryn Vallee of Summit Sotheby’s International Realty
Park City Home Price Appreciation
During the same period in 2018, the rolling median sale price gained 7.9% indicating a sustained period of steady, consistent growth.
Since January of 2001 the trend indicates a 5.3% compound growth.
Among the five major areas measured by the Park City MLS, homes within the Park City limits fared well were: Old Town, Prospector, Upper Deer Valley. Upper Deer Valley has increased due to the number of new product that has been closing at Empire Pass.
Our best selling months for single family homes are in the months of May and October. Many families vacationing in Park City tend to fall in love with the area and buy a second home.
This is an interesting chart and I am so interested in learning more about the other States home price appreciation.
Please contact me for more information about our area.
