MARKET STATS Q3 2019 GREATER PARK CITY AREA Q3 2019 Market Report | Page 21

SUMMARY CONTINUED…
At a 40,000-foot level, the Greater Park City Area real estate market
looks healthy and steady.  However, each micro-market needs to be
understood apart from the overall market; simply reviewing the
numbers is not sufficient to understanding property values. Sales in
individual markets can be influenced by a number of factors,
including unique outlier sales that can heavily weight the statistics.
In addition, amenities, property condition, floorplan, location,
inventory, and new construction impact the numbers. Data
interpretations, judgement and historical context are key elements
to making informed decisions.