Saturday, April 28, 2012

Park City Utah median sales price up

Park City, Utah –The highlight for the first quarter of 2012, as reported by the Park City Board of REALTORS®, is that the median sales price for vacant land and condos, in all areas, has gone up. The median sold price for condos went from $335,000 in the first quarter of 2011 to $401,628 for quarter one in 2012.

This is great news for any Park City homeowner.

A year ago, we continued to see downward pressure on prices which seems to have flattened.  “Prices throughout our market seem to have stabilized, and in certain segments prices have started to increase.  We saw this trend start in 2011 with single family homes, and we are now seeing it in condo and vacant land sales,” says Mark Seltenrich, statistician for the Park City Board of REALTORS®.  He adds, “In certain parts of the market, and in certain areas, some pent up demand is being demonstrated and even among buyers there is little talk of prices continuing to fall.”

Click here to read the entire article

For information on any Park City, Utah home, condo or investment property, contact me at
heather@parkcityhousehunters.com

Tuesday, April 17, 2012

The Best Place to live in Park City Utah, Part 3, Old Town

Old Town is the perfect place to live for many residents. They like the bustling energy, the closeness to all things Park City. Read on to see if Old Town sounds right for you:



Park City’s Old Town has a colorful history and is full of character. Old Town reflects the rich mining history of Park City, which was incorporated as a city in 1884, eighteen years after silver was discovered in its mountains. Many of the original commercial and residential buildings still remain, reflecting the Victorian architecture of that era. Main Street in Old Town is known for its great shops, world class restaurants, art galleries and unique character.

You will see multi-million dollar mansions next to small miner’s cottages, homes that are maintained beautifully next to rental properties in need of some love. That’s the beauty of Park City’s Old Town. It’s not cookie cutter subdivision bland. The beauty is in the diversity, the diversity of homes and of residents. Approximately 50% of the homeowners are full-time, the other 50% are either second home owners or investment/rental properties.



From Old Town you can walk to Historic Main Street for dining or shopping. The City has installed stairs at intervals to get you up to Lowell and down to Park Ave. You are in the middle of all the action. Many of the Old Town homes are within walking distance to Park City Mountain Resort for skiing or hiking and biking in the summer.

Prices range from the $200’s for a condo up to $8 Million dollars for a large home on a large lot. The average home right now is 3-4 bedrooms, 1 car garage, 2000 sq ft and runs between $799,000 and about $900,000.

Click below to see some Old Town properties available for purchase.

 
To see any Park City Real estate, contact me at heather@parkcityhousehunters.com
SEARCH THE PARK CITY MLS 

Thursday, April 12, 2012

The Best place to live in Park City, Utah Part 2, TRAILSIDE PARK

Trailside Park


Trailside Park is one of my favorite areas – I live there! I chose this area because of the proximity to everything . Trailside Elementary is within walking distance of most Trailside homes along with a fantastic park that includes 2 soccer fields, 2 play jungle gyms, 2 tennis courts, sand volleyball, a bike pump track and a skate park! Whew! That’s a lot of fun right here!

Trailside is mostly primary residents and the homes range from the $300’s to well above $2 Million. It is super popular with families because of all the recreation and fun listed above. No kids, or older kids? The Park City free bus runs right through the center of Trailside, so easy to send your teens off to the slopes on the bus.


Park City Mountain is about 8-10 minutes from Trailside, Canyons about 6 minutes and Deer Valley about 10 minutes. Park City’s historic Main Street is only 10 minutes away as well. It's considered a little bit "out of town" compared to Old Town living, but works well for most locals. Salt Lake City is about 25 minutes from Trailside and both the I-80 fwy and the SR-40 are withing minutes making this a great commuter neighborhood. Doctors that need to be able to be down in SLC within 30 minutes when on call live in Trailside.

Redstone center is about 5 minutes away and you will find grocery shopping, movie theatres, stores like Bed Bath and Beyond, TJMaxx, WorldMarket and many others. My dentist is in that center too!


So, let’s talk about the name…Trailside Park. There are tons of trails connecting through Trailside for biking , hiking or jogging. The trails connect with Round Valley, Mountain Ranch Trails, Glenwild Trails and Silver Creek Trails. Plenty of exercise and recreation for everyone.

TRAILSIDE HOMES AVAILABLE

For more information about living in Trailside, contact me at heather@parkcityhousehunters.com , or call me at 435-731-0803
Heather Feldman
Equity Real Estate Luxury Group Park City Utah