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Real Estate Blog

The Benefits of Downsizing and How to Get Help Doing It

 Call Reclaimed Interior Estates and Sales, Park City, Utah

Park City, Utah     Changing something means doing it differently. Of course, there are pros and cons to many decisions in life. But, for most people the concept of change is difficult, especially when it involves your basic lifestyle, and where and how you live.

In today’s economy, downsizing isn’t a dirty word, and it certainly doesn’t mean that you’ve failed, in any way, as a proud homeowner. Actually, the decision to downsize is smart! Just as homes get older, we mature, too!

 Additionally, the upkeep and expenses attached to maintaining something that’s becoming bigger and more burdensome to you can, eventually, cause more

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Park City's Iconic Landmark "McPolin Farm"

 

Get Your FREE McPolin Barn Walking Tour App

From Your Mobile device visit, Google Play or App Store to explore "The History of the McPolin Farm"

The self-guided tour contains maps, photos, descriptions of history and architecture found throughout this beautiful community. 

To download this free app simply search for 'Utah Heritage Walks'

  Utah Heritage Self Guided Tours

In 1990, Park City purchased the McPolin farm for $4.4 million to preserve the historic site and provide a beautiful open space to enhance the entrance into the Park City area.  The McPolin Farm is an iconic site and serves as a visual focal point off State Route (SR) 224 at the base of Quarry Mountain on the northeast

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Silver Springs Neighborhood June 2017 Real Estate Market Report

If you have moved a few times then, you understand the difficulty in finding a great neighborhood. It is so important to evaluate the best aspects of any neighborhood so that you feel a connection. 

Ask any Park City resident the following question "What neighborhood in Park City is a great place to live?" They will most likely respond with an enthusiast answer like "Silver Springs."

LIFESTYLE

The first step is to find a neighborhood that compliments your lifestyle. Silver Springs is a suburban neighborhood that attracts all types of people from singles, to growing families, to empty nesters. An affordable neighborhood geared toward full-time residents seeking an active

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May 2017

Park City Real Estate Market Update

According to the Park City Board Of REALTORS®, "The number of closed sales for the first quarter of 2017 in Summit and Wasatch Counties was the highest we’ve seen since 2007 – up 20% over 2016. The first quarter of 2017, Park City had the highest number of pended sales with a 26% increase over the previous year in total dollar volume. Growth continued to morph, and expand, encompassing outlying communities in the Wasatch Back as the entire market area was pushed to new peak levels."

According to the National Association, Existing Home Sales reached their third-highest mark this year in May. Inventory of homes for sale has dropped 8.4% since last year, marking the 24th consecutive month of

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A Cozy Home in Park City at an Unbeatable Location and Price!

Location: Bear Hollow Village - Bear Hollow Ridge - Park City, Utah 84098

Featured Listing: 5461 N. Luge Lane Unit 2207, Park City, Utah

Click Here to get more information on Unit 2207

How cute is a name like Bear Hollow? Really.

Doesn’t it just conjure up images of Goldilocks and the home of fairytale’s famous family of bears which the naive blond intruder happened to visit while Mama, Papa and Baby Bear were out for a walk in the forest?

But, you won’t have to wonder who’s been sleeping in your bed (or eating porridge in your kitchen, for that matter), because this cozy gem can be yours.

There’s a price to suit everyone here in Bear Hollow Ridge ---  in the

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#DogTrails To Bring Fido On A Hike!

TOP FIVE DOG-FRIENDLY HIKES NEAR PARK CITY, UTAH

Park City is well known for being a dog-friendly community.  I love Dogs. I thoroughly enjoy taking my dog hiking, but there are certain trails more enjoyable than other for fido. I have included my top five dog-friendly hikes that may or may not require a leash, so be sure to explore the rules of the trail before you venture out with fido.

1. Historic Union Pacific Rail Trail State Park

The Historic Union Pacific Rail Trail is managed by the Mountain Trails Foundation running from Park City through Warship and Coalville to Echo Reservoir. The 28-mile trail is a popular place to hike, bike, horseback ride, walk or run. During the winter season, many people

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The Backyard space has become just as important as the indoor living space. The climate in Park City is perfect for having architectural elements that allow for additional living space outdoors. Living in this beautiful area offers an incredible setting to design spaces to enjoy the rugged mountain vista views. Architects in Park City design homes for people that love the blurred boundaries between outdoor space and indoor space. Vanishing window walls extend indoor dining to open-air outdoor dining.  The modern way to expand the living space!

TWO CREEKS

A 7-acre flat parcel with Park City Mountain view vistas complete with lap pool, three ponds, a waterfall, barn, horse arena, and guest house. Families will enjoy glamping in the backyard with a

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Why Live in Salt Lake City?

Salt Lake City, Park City, Provo, and Ogden attracts new business! Many tech companies like Adobe, ebay, Skullcandy, Qualtrics, Clearlink, Vivint, and Ancestry.com have advanced company growth through Utah's agressive business friendly communities. 

  • The median home price in Salt Lake City is $247,052 and in Park City Proper the median home price was $1.85 M for single family home. Salt Lake City is a very affordable metropolitan city when compared to other major cities. There are more housing developments and condos being built to accommodate the growing population.
  • The median age is 29.8 and that makes sense since we have two Universities: Brigham Young University and the University of Utah.
  • Utah has great
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Salt Lake City Luxury Home Market Review May 2017

In Summit County we had a very good 1st quarter! The number of closed sales are up 20 percent over this same time as last year. Both, Park City and Salt Lake City are pushing new peak levels. 

The Luxury Home Marketing Institute just released the first quarter figures for the nation. Refer to the charts below. This chart shows the 7-day and 90-day rolling averages for list price, days on market, and inventory for the metro area's luxury market.

The chart below shows the National Market Action Index for the metro area's luxury market index and Salt Lake City.

This chart compares the Institute Luxury Home Marketing National Figures Versus Salt Lake City Sales Price (90-day

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Park City, Utah

Park City Real Estate Market Report

A Market Analysis of real estate activity in the Park City area

Park City Multiple Listing Trends Statistics

Park City MLS Trend graph with a year by year analysis from 1999 through 2017. The average closed sales price for a single-family home in 2016 was $1,120,038 up from that same time last year at $1.063,714. The median closed sales price was $670,000 as compared to $675,000 in 2015.

Park City Single Family Median Price

Park City Single Family Average

 

 

Park City Single Family Number of Units Sold

The average closed price of condominiums in 2016 was $709,891 as compared to 2015 at $625,495. The median closed sales price was $492,500 as compared to 2015

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