The Park City Market Watch annual report provides a resource tool for the most savvy and serious real estate investor. The report displays trends using 6 and 12 month moving averages of the market's most telling indicators, including units sold vs. units listed, days on market, price appreciation, listing expansion vs. listing contraction and much, much more. The report includes data for the past 10 years showing exceptional trend lines and the best possible indicators on what we can expect for the coming months for the Park City Real Estate market. The statistics are extracted from the Park City MLS and then compiled by hand monthly. This report is not available anywhere else. I am confident you will find it extremely helpful in analyzing your real estate decisions.
"To say that the Park City Real Estate market has slowed would be a dramatic understatement. For those people that are more intimately involved with the Summit & Wasatch County Real Estate markets it might feel more like it has come to an abrupt stop. During the last quarter of 2008 there were 244 total transactions that occurred in the Park City Multiple Listing Service, representing one of the slowest quarters in Park City real estate history. In the first quarter of 2009 there were only 165 total transactions, this number represents 54% fewer transactions than the slowest first quarter over the past 10 years when there was 356 total transactions in the first quarter of 2002 shortly following the events of 9-11. In greater contrast the 165 transactions in the first quarter of 2009 is only 21% of the 775 first quarter transactions experienced in 2005."
