MARKET STATS Q3 2019 GREATER PARK CITY AREA Q3 2019 Market Report | Page 17

SUMMARY CONTINUED…
TAKEAWAY PARK CITY PROPER Q3 2019
The single family home market throughout Park City Limits has seen
a 14% increase in the number of homes sold over the past 12
months compared to the same time the previous year. Old Town
home sales have been consistent over the past year while
experiencing a 27% increase in the average sales price. A 65%
increase in the quantity of single family homes sold in Park Meadows
is noteworthy while the average sales price has not changed.
Condominium sales are stable with Upper and Lower Deer Valley®
Resort seeing steady growth in closed sales. Additionally, land sales
have decreased while median price has increased 7% due to scarcity.