Real Estate Blog

Overview

According to the Park City Board of Realtors: The number of closed sales for the first quarter of 2017 in Summit and Wasatch Counties was the highest we’ve seen since 2007 – up 20% over 2016. Q1 also saw the highest number of pended sales on record. Additionally, there was a 26% increase over the previous year in total dollar volume. Growth continued to morph, and expand, encompassing outlying communities in the Wasatch Back as the entire market area was pushed to new peak levels.

Single Family Home Market

Micro-markets developed and shifted as low inventory affected the activity in certain neighborhoods. The median price surged upward where the supply was limited, and conversely, the number of sales surged upward where a

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Located in the beautiful town of Midway, Village Green borders the acclaimed Homestead Resort and Golf Course, which has won “Best in State” several times. Townhome plans include rustically handsome single-family homes and townhomes that blend seamlessly with the surrounding Wasatch Mountains and offer modern comfort in one of "America's Best Small Towns", according to Forbes Magazine. With golf, fishing, hiking, and horseback riding just out your backyard, and the Uintas a short drive away, this community offers it all. Prices start at $526,000. 

To learn more about this development, visit www.villagegreenmidway.com.

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It's officially spring on the Wasatch Back, which means two-for-one entrees, Running with Ed, and mountain biking. While May can be a bit quiet, locals can find dining coupons, take tours at Red Butte Gardens, and make the most of uncrowded trails. The Egyptian Theatre has a great line up this month as does the Park City Film Series. Here are some events to check out: 

All Month Park City Film Series

May 5-6 Stand-Up Comedy at the Egyptian Theatre

May 18-20 Hot Tuna at the Egyptian Theatre

May 20 Running With Ed

May 23 Jethro Tull at Red Butte Gardens

May 26 Park City Gallery Stroll 

Beyond Park City, Heber Valley boasts fishing, horseback riding, new restaurants, and dry trail systems in full bloom. Make the most of

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According to first quarter statistics, the Summit and Wasatch County markets remain varied and complex to read, but stable in terms of positive growth. In Park City limits, when compared with last year's first quarter, there has been only a 1% change in average single family home price, suggesting an overall stabilization of the market in town. However, in key development areas like Canyons Village, there was a doubling in the number sales and a 22% increase in average price, suggesting pockets of intense growth where there is new inventory. Similarly, gated golf communities remain popular, and Red Ledges, Glenwild, Tuhaye, and Promontory all saw an increase in the number of sales and in average price. 

New condominium projects continue to boast

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A HEARTFELT THANKS TO OUR CLIENTS

Berkshire Hathaway HomeServices Utah Properties received numerous brokerage, office, team, and individual awards at the annual Sales Convention in Phoenix, Arizona on March 14th, 2017. Utah Properties was celebrated as the 12th highest performing brokerage while the Park City Office the 3rd highest sales office was in the network. “Our Berkshire Hathaway professionals are true industry leaders.” said Owner and CEO, Steve Roney. “This year’s convention and honors confirm the caliber and accomplishment of our entire Utah team. I look forward to continuing to excel as a brokerage in support of our diverse client base.” 

Thank you. At the end of the day, our clients are the motivation and backbone

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The winding down of the ski season brings celebrations of all sorts, including the annual pond skimming contest, spring gruv concert series, and resort Easter hunts. Between the Eccles Center, Egyptian Theatre, and Ballet West, it's also a great time to be a culture vulture. Here are a smattering of events not to be missed. 

Spring Gruv 4/2-4/9: Running all week long at Park City Mountain, Spring Gruv is the culmination of the ski season and includes entertainment of all sorts. Laugh till you hurt at the annual pond-skimming contest (4/8 at Red Pine Lodge), which features costumed teams and individuals launching off ramps in glorious attempts to float across the Red Pine pond on skis. The comedy concludes with a free live concert at

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RECAPPING A RECORD SEASON

2017 was one for the books. Consistent powder storms flurried down all season, leading to deep bases at the resorts and several days of over-the-head snow for skiers and boarders. All 14 Utah resorts made the most of the winter, and skier visits are up across the state. Park City in particular celebrated the precipitation with locals and visitors alike coming off the slopes with grins and high-fives. Both Park City Mountain and Deer Valley report the highest number of ticket sales...ever. As the town continues to strategize around responsible growth, we're glad folks from around the world came here to taste our found-nowhere-else lifestyle. 

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BERKSHIRE HATHAWAY HOMESERVICES UTAH PROPERTIES NAMED 12TH HIGHEST PREFORMING BROKERAGE, PARK CITY OFFICE NAMED #3 HIGHEST SALES OFFICE, AMONG OTHER TEAM AND INDIVIDUAL AWARDS

SALT LAKE CITY, UT – MARCH 20TH 2017 – Berkshire Hathaway HomeServices Utah Properties received numerous brokerage, office, team, and individual awards at the annual Sales Convention in Phoenix, Arizona on March 14th, 2017. Utah Properties was celebrated as the 12th highest performing brokerage while the Park City Office the 3rd highest sales office was in the network. Notable team and individual awards included Chin MacQuoid Fleming Harris as the 8th highest producing team, Carol Agle the #8 Agent, and Jan Wilking the #1 Commercial Agent in the network. Additionally, both the

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An Overview:

Below is a current overview of the market and the trends we expect to see in real estate this year. Reach out for more in-depth information on your neighborhood. 

WE ARE IN THE BEST STATE FOR BUSINESS

The perennial winner of Forbes' annual Best State for Business award, Utah remains competitively positioned to support continued real estate growth. With an abundance of technology, health care, and creative businesses planting roots in Utah, our state unemployment rate is among the lowest in the country at just 4%. Due to the state's unprecedented economic evolution, real estate sales are likely to remain robust in northern Utah.

JOB GROWTH MEANS HOUSING GROWTH

Utah’s job growth rate is 3 to 4 times higher than the

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Once a lawless frontier town, Ogden maintains a fiercely independent spirit, but now with a more focused mountain-to-metro personality. Ogden is rugged and rustic with an urban chill. Named one of the Best Places for Business and Careers and Fastest Growing City in America by Forbes magazine, Ogden offers the amenities of a city with the backyard access to one-of-a-kind outdoor recreation. Corporate headquarters of national brands including Browning Firearms, Swift Trucking, and ATK, and bordered by Ben Lomond Peak, Mount Ogden and Strawberry Peak, Ogden is a thriving economic center with a revitalized downtown and grand natural skyscrapers. 

With 38 recreational parks in the local area, Ogden has a playground for everyone. Whether it is rock

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