Are Park City Home Prices Dropping? | Market Insights for ActiveRain
By Derrik Carlson, Real Estate In Park City
(KW Park City Keller Williams Real Estate)
Originally published on RealEstateinParkCity.com. The views expressed below are part of an ongoing discussion about market trends in Park City, curated for the ActiveRain community.Are Park City Real Estate Prices Dropping?Over the past few years, questions about property values in Park City have sparked much conversation. With a focus on Park City Real Estate, many prospective buyers and sellers wonder if prices are on a downward trend. This detailed review analyzes 125 recent sales and highlights specific examples to clarify the market's current state. Although our sample does not include quick resales on ultra-luxury homes, the examples examined here strongly indicate how homes and condos perform regarding values going up or down.Background and Data OverviewThis analysis centers on t...
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