Significant Sales & Best Buys

25Feb11

WHAT’S NEW IN THE PARK

Here is what’s new, exciting, and fit to print in and around Park City….still boasting the Greatest Snow on Earth; along with our neighbors at Alta, Snowbird, Brighton, Solitude, and others.

SIGNIFICANT SEASONAL SALES

Yes we’re still selling Real Estate and these three properties, and prices, are fairly significant.

Ski to/ski from Colony starter castle boasting 9,600 sq. ft. on 6.8 alpine acres just closed for $6.8M. Another 9,000 sq, ft. Colony ski home is currently under contract and the last asking price was $5.9M on 4.5 very scenic acres.

Truly significant is a recent closing in Bald Eagle.  This very special home offered unparalleled views of the Jordanelle Reservoir from the outdoor heated pool 8,000 feet above sea level.  On less than a half ski to/ski from acre the last asking price was $10.9M and the sales price is undisclosed.

WHAT ABOUT THE MARKET?

Things are improving …. Really.

Comparing 2009 to 2010 and, according to the Park City MLS Sales Volume is up 16%. Unit Sales are up 20 %, and the Average Sales Prices are down 7 %. Check out these MLS graphs: Feb 2011 MLS Graphs

THREE BEST BUYS

Imagine a very scenic, very private, golf club building lot, including a golf membership, for $195,000!  We can’t figure out if the membership is $195,000 and the lot is free or vice versa. Any way that’s the deal at Red Ledges on the next three sales.

How about a ski to/ski from high alpine condo with a 40% discount off the current asking price.  Click here for a copy of the listing:  http://pcmls.com/Pub/EmailView.asp?r=913892608&s=PKC&t=PKC  

Three bedroom investment condo’s in the $300,000 +/- that cash flow to qualified buyers, with 25% to 30% down.  Send us a note and we’ll send you the list.

COOL NEW WEB SITES

–          Looking for the best snow reports, ski deals, and reviews? Visit www.onthesnow.com.

–          Need a last-minute dinner reservation?  Go to www.opentable.com.

–          Curious about concerts and nightlife on Main Street? Check out www.ticketcake.com.

–          Let’s not forget the ever informative site that keeps you up to date on the latest articles regarding Park City Real Estate: www.Parkcityhousingfacts.com

THANKS

Thanks to everyone for your comments on our blog and please do always feel free to post. Also, thanks for referring and entrusting to us your friends, family, and acquaintances to assist with their Real Estate plans.

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