Market Pulse – 1st Quarter 2024

Caroline Krumel - 5/1/2024

The latest stats for the greater Park City real estate market indicate a continuing return to a more stable market following the hyperactive COVID years. In general, prices showed moderate growth across all property types in the primary market area, with year-over-year median price increases of 9% for single-family homes, 4% for condominiums, and 29% for vacant land.

Mud Season Getaways

Caroline Krumel - 4/11/2024

This year's skiing has been fantastic, and we look forward to getting a few more turns in at our local resorts. While we are sad to see the ski season end, we are grateful that in Utah, the outdoor adventures never end. Mud Season for us isn't a pause in adventure - it's merely a change in the playground!

Spring Update

Caroline Krumel - 3/28/2024

Thanks to the great snowfall in February and March, both Deer Valley and Park City Resort have decided to extend their winter operations. This is only the second time in Deer Valley's history that it has extended the closing date! Check out our Spring Update newsletter for the latest projections for closing dates at our local resorts.

Spring Events

Caroline Krumel - 3/6/2024

Spring is just around the corner here in the Wasatch Back and we have info on upcoming Spring events in Park City. Our early March newsletter covers resort closing dates, charity events, and St. Patrick's Day celebrations. Fun ski related events include Park City Pond Skim and Backcountry Bow Wow!

Market Pulse

Caroline Krumel - 1/30/2024

Price appreciation in our market continues an upward march. The past year’s price appreciation was 6.6%, which is nearly equal to the historic average of 6.8%. As always, the year-end market stats showed a good deal of variance across property types and neighborhoods.

Market Snapshop & Sundance

Caroline Krumel - 1/18/2024

The snow has been great, and the slopes are in outstanding shape just in time for Sundance. We are also taking a look back at how the market fared in 2023. There are lots of numbers for the spreadsheet jockeys and movies for the rest of us.

New Year Update

Caroline Krumel - 1/10/2024

Happy New Year! With lots of new snow and plenty of wintertime fun, 2024 is off to a great start here in the Wasatch Back. The MLK holiday weekend and Sundance Film Festival are fast approaching, ensuring that the next few weeks around town will be action packed.

Park City Holiday Guide

Caroline Krumel - 12/20/2023

The Holiday Season is upon us, and there are so many great ways to celebrate here in Park City! Our guide has shopping ideas, fun activities for the whole family, dining treats, and holiday activities all about town.

Market Pulse Q3 2023

Caroline Krumel - 11/09/2023

A full load of inventory, pricing, sales momentum, and buyer behavior to take in. Our market is very segmented, with activity often varying greatly across property type and neighborhood. Learn how your area of interest fared during the Q3 2023.

Halloween Howler

Caroline Krumel - 10/20/2023

Halloween is fast approaching, and there is an awesome assortment of eerily exciting events to check out here in Park City and the Wasatch Back. Hope to see you around town taking in some of the season's spooktacular fun!

Winter on the Horizon

Caroline Krumel - 10/05/2023

The snow has been flying at the upper elevations this week, turning our thoughts from autumn to winter. Stay ahead of the curve and get the inside track on the upcoming winter in Park City and the Wasatch Back!

Autumn Update

Caroline Krumel - 9/22/2023

If you would like to catch the fall colors, come visit in the next couple of weeks. The maples are red, the oaks yellow, and the aspens are just beginning to turn gold.

Fall Events

Caroline Krumel - 8/30/2023

Fall in the Wasatch Back is painted not just with the hues of falling leaves, but also the vibrant energy of events like Swiss Days, Miner's Day, and Howl-O-Ween.

Dog Days of Summer

Caroline Krumel - 8/23/2023

The Dog Days of Summer is one of our most popular newsletters, and for good reason: people here in "Bark City" are crazy about their dogs!

Market Pulse 2nd Quarter 2023

Caroline Krumel - 8/9/2023

The real estate market in Park City and the Wasatch Back continues its trend toward more conventional market dynamics. The frenzied activity and meteoric price rises have been replaced with activity that is trending toward historical norms.

Market Snapshot 2nd Quarter 2023

Caroline Krumel - 7/25/2023

The market continues to be impacted by a lack of inventory, which in turn is due to larger market factors such as the current interest rate environment.

Celebrate July 4th in the Wasatch Back

Caroline Krumel - 6/28/2023

The Fourth of July and the upcoming Independence Day events will offer a star-spangled range of activities. From art exhibits and pancake breakfasts in the Heber Valley to a "fireworks" drone show at Park City Mountain, there is something for everyone!

Summer Splash — Aquatic Adventures

Caroline Krumel - 6/15/2023

Thanks to the great snowpack this past winter, our rivers, lakes, and reservoirs are in outstanding shape. When warm weather arrives, make some time to go out and enjoy some of these Summer Splash destinations and activities!

Summer Events — Park City & Wasatch Back

Caroline Krumel - 5/24/2023

WELCOME SUMMER! With Memorial Day weekend just around the corner, the summer-fun calendar has officially launched. Hope to see you out and about at these summer events!

Market Snapshop – Q1 2023

Caroline Krumel - 4/19/2023

The latest statistics for the 1st Quarter of 2023 were just released by the Park City Multiple Listing Service, and the numbers show a continued moderation of activity in our market. As you will see below, sales volumes are generally down, but prices continued to increase in many areas.

Mayflower Resort Update

Caroline Krumel - 3/23/2023

This area along the western side of Deer Valley Resort is set to become the nation’s newest ski community, Mayflower Mountain Resort. The resort is on track to begin winter operations for the 2024-2025 ski season.

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