The Park City Board of Realtors statistics for the First Quarter of 2007 indicate that although Gross Sales Volume was down to $476M, a decrease of 15% from the same quarter of 2006, prices increased 10%.

Gross Sales for Single Family Homes were $227M, down 5% from 2006 and prices were up 12%. However, particularly strong were Old Town, Park Meadows, Jeremy Ranch and Glenwild/Silver Creek, which all showed increased sales volume and price.

Condominium Gross Sales were down only 2% to $164M, with prices rising 8%. The Canyons area had the strongest showings with double digit growth and price increases.

Gross Sales of Vacant Land (Lots) decreased 41% to $76M with prices increasing 10%.

For complete details of each area, please contact us at www.jimandbillie.com

This entry was posted on Monday, April 23rd, 2007 at 2:45 pm and is filed under Business, Real Estate, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.