Now available is a Luxury Home “Best Buy” in the exclusive Bald Eagle Club at Deer Valley, the #1 Ski Resort in North America, in Park City, UT. The home is over 12,000 sq. ft. with 8 bedrooms and 12 bathrooms, inside basketball court and features master craftsmanship and artistry with spectacular ski area views. The home originally sold for almost $12M and has been listed at $10.25M, reduced to $8.75M, and now just $6.990M.

The Bald Eagle Club real estate market has been very active in the past year with 5 sales ranging from $4.3M (bank-owned) to $10.3M. There are currently 5 homes available priced from $5.2M to $9.95M.

We are not the listing agents, but we offer our expertise in bank owned and luxury real estate if you wish to purchase this great deal. For additional information and all Park City Homes For Sale please contact Jim and Billie Harsch of Mountain Town Realty Group at http://www.unlockparkcity.com .

The Park City Board of Realtors statistics for Full Year Sales for 2011 show Gross Sales Volume of $1.077B was up almost $64M or 6% from the Full Year 2010, while prices were down about 9%; however, there were substantial variations in each property category and inventory is scarce in some areas. The number of transactions increased 17% over 2010. Distressed inventory was significantly reduced and is not a large percentage of the current inventory available. .

Single Family Home Sales were approximately 54% of the total Sales Volume and were up 18% from 2010. Average Sales Prices were slightly down. Upper Deer Valley, Canyons/Olympic Park, the Old Ranch Road area particularly Willow Creek, and Trailside were up significantly from 2010.

Condominium Gross Sales Full Year were down 13% and prices were also down 22%. The initial releases of St. Regis and Montage were strong in 2010 but sales have leveled off. Lower Deer Valley has been strong in 2011.

Residential Lot sales are up 14% Full Year compared to last year, evenly spread among many areas and price ranges. Promontory is the most active, due to the sale of distressed properties, with 107 new listings since the beginning of the year and 78 sales. Sales have been weak in Glenwild and Tuhaye with prices still coming down. Red Ledges had a strong summer and you can play winter golf at the new Red Ledges golf simulator on Main Street.

The Sundance Film Festival starts this week and more venues are booked than the last couple of years. Although the snow pack was a little thin for the holidays, several feet of new snow is forecast for the next several days, which will provide some of the “Greatest Snow on Earth”. Now is a great time to buy in Park City.

For complete details of each area, and all Park City Homes for Sale, please contact Jim and Billie Harsch of Mountain Town Realty Group at http://www.unlockparkcity.com

Catch a morning flight from anywhere to Salt Lake International Airport and you can ski free the same afternoon. The Park City Quick START Vacation lets you convert your airline boarding pass into a same day lift ticket at your choice of Deer Valley, Park City Mountain Resort, or Canyons. For a coupon and details see http://www.visitparkcity.org and ski free for the first day of your visit.

Over 24,000 tickets were redeemed last season.

Amazing Lakefront Living with Incredible Mountain Views. This custom 5 bedroom, 4.5 bath home is one-of-a-kind in Park City. This home features an open floorplan with granite counters, knotty alder cabinets and base/case, huge master suite with sitting area, fireplace and 2 decks, 2 additional woodburning fireplaces, and decks to enjoy the view. Fish, peddleboat, kayak or just watch the ducks swim by in your backyard. Relax to the soothing sounds of the year-round stream. Low maintenance yard, very private in summer, expansive views in winter. See the tour at http://www.4859SilverSpringsDrive.com .