Real Estate in Park City and Surrounding Areas

Market Statistics


 

 

 

Park City Market Comparison Report

Comparing April 1, 2011 – March 31, 2012 vs. April 1, 2012 – March 31, 2013

 Based on Median Statistics

Areas 1-23, Condo, Single Family Home, Vacant Land

                   #Trans            Selling Price          SP/LP      DOM      SP/SF

2011/12            1151                     460,000                      95              90            216                   

2012/13           1358                     500,000                     95               91            226  

Diff %                +18                            +9                            -                 +1             +5

Trans = Transactions

SP/LP = The percentage the property sold for versus what it was listed for.

DOM = Days on the market

SP/SF = Selling price per square foot

                                                    2011/12    % of total           2012/13    % of total           

Sales under $1 mil                898                78                      1059               78               

Sales over $1 mil                    253                22                        299               22

    Total                                       1151                                           1358

Number of units sold                                                                                                  % Difference

Condos                                       528              46                       604              45                   + 14

Single family home               468              41                        549              40                    +17

Land                                            155               13                        205               15                    +32                 

     Total                                      1151                                          1358  

Selling Price

Condo                                          224/sf                                   232/sf                              +4

Single Family Home              214/sf                                    218/sf                                     + 2

Land                                         230,000                                 285,000                                 + 24

 

This report was created by:

Jeff Coe, e-PRO, ABR

Jess Reid Real Estate

Cell-435-602-2955, email-Jeff@ParkCityUTproperties.com

Website-www.parkcityutproperties.com

Jeff Coe
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