The Park City Board of Realtors statistics for the First Half of 2007 indicate that although Gross Sales Volume was down to $954M, a decrease of 11% from the same Half of 2006, prices increased 15%. This reflects a strong second quarter making up some ground from the first quarter.

Gross Sales for Single Family Homes were $445M gross sales, down 12% from 2006 but individual home prices were up 3%. However, particularly strong were Old Town, Upper Deer Valley, Jeremy Ranch and Glenwild/Silver Creek, which all showed increased sales volume and price.

Condominium Gross Sales were up 15% to $323M, with prices rising 30%. The Canyons area had the strongest growth in both areas with triple digit growth (208%) and price increases of 13%

Gross Sales of Vacant Land (Lots) decreased 31% to $167M but again individual lot prices increased 19%. Old Ranch Road and Jeremy Ranch were particularly strong as there are many fewer properties available.

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

This entry was posted on Sunday, July 8th, 2007 at 4:37 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.