2018 PARK CITY MARKET REPORT
February 2017 – January 2018 Compared to February 2016 – January 2017
Single Family Homes
Total Sales for Single Family Homes in Park City last year was 561 which was a 6% increase from the year before. The median sales price was $1,250,000, an 11% increase from the year before. In Park City limits the total sales were 176, a 12% increase from the year before and the median price was $1,900,000, a 12% increase. For Snyderville Basin there was a 3% increase in sales at 385 for Single Family Homes and the median price was 6% increase at $1,026,506.
The number of Closed Sales were slightly down for all of Park City a decrease of 1% at 627 closed sales. The median price was up 5% at $573,710. For Park City Limits there was an increase in sales of 5% at 333 closed sales. The median price was also up 3% at $725,000. For Snyderville Basin condo sales went down 8% with a total of 294 closed sales. However, the median price was up 6% at $493,500 from the year before.
For Vacant Land in all of Park City there was an increase in sales at 8% for a total of 180 closed sales. The median price went down 1% at $491,000. For Park City Limits there was a large increase of 20% in land sales with a total of 24 sold and the median price was $820,000 which was 17% more than the previous year. Snyderville Basin also saw an increase in sales with a total of 156 sold which was 6% more than last year and the median price went down 8% which was $437,500.
For the full report including each area and tables click here.
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