Park City, Utah still sees silver in them thar hills. One of Utah's premier recreation destinations, Park City has an annual snowfall of well over 350 inches, attracting skiers and homebuyers by the thousands.

"Park City was originally established as a silver mining town in the late 1860's," says Realtor Kaz Burnz. "With three ski resorts within ten minutes, Park City is the place to be. In addition the area offers over 80 restaurants, 120 shops, numerous theatres, spas, and gold courses."

She advises, "The Park City market has been very active the last three months with over 224 closed and 56 pended home and condo transactions,this is almost twice as many as the previous three months. The closed prices have on average increased 17 percent in the last three months. The good news is this has motivated sellers as there are now more than four times the available homes and condos than there were the last three months. Interest rates are still low, so take advantage of this opportunity to buy or sell."

Says Realtor Aaron Boerboom, "Park City is located just 20 miles from Salt Lake City in the beautiful Wasatch Mountains. It's moving into the ski season and with that Park City real estate is selling more condos. With the months leading up to the ski season, we usually find more people buying condos in anticipation of the upcoming season. This year we have seen a lot of condos sell. From September through November we have seen a 55 percent increase in condo sales from the previous year. With the increasing condo sales, inventory has been cut in half from 485 listings to 238 listings this year. With increasing demand and decreasing supply we have seen a 28 percent increase in median sales price this year compared to last. With demand still high we don't foresee the market slowing down anytime soon."

"In the past six months, active sales have reduced inventories of properties, especially 'affordable condos,'" says Realtor Sally Roberts. "In the upper Deer Valley area prices for condos start just under $500K for a two bedroom unit. Nothing smaller available. Plenty of choices in the $1 million plus range. Outlying areas in Summit & Wasatch Counties are seeing pressure due to decreased availability of properties. Prices will start to escalate. Good selection of homes in Park City but none much under $300K. Heber, Midway offer best values and largest lots. Prices under $200K for 3BR/2BA homes. Land in Park City is getting very scarce."

Published: December 16, 2004

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Blanche is a renowned author of five real estate books. Her newest, Bubbles, Booms and Busts: Make Money In Any Real Estate Market, McGraw-Hill, was rave-reviewed by The New York Times. She was also selected from hundreds of real estate experts to contribute to Donald Trump's book, Trump: The Best Real Estate Advice I Ever Received: 100 Top Experts Share Their Strategies, Rutledge Hill Press, and is featured on page 68. Order Now Review - Honors In 2006, Blanche was selected among scores of candidates to author two consumer real estate guidebooks for the National Association of Realtors: The NAR Guide to Home Buying, and The NAR Guide to Home Selling, Wiley & Sons. She is currently planning two new books for the NAR and its members.       Known for her keen insight into real estate industry issues and for her ability to make complex subjects easy to understand, Blanche is a sought-after keynote and continuing education speaker. Real estate organizations from MLSs, to brokerages, to franchisors, to associations hire her to provide up-to-the-minute analysis of real estate industry news and advice on how to improve revenues. Her passionate delivery, peppered with stinging wit, is a huge hit with audiences and fans. Don Klein, CEO Greater Nashville Association of Realtors, Blanche Evans, Richard Courtney, president 2007, GRAR "The GNAR membership meeting last week featured Blanche Evans as the keynote speaker. Her comments and insights resonated extremely well with those in attendance and we have had many requests for copies of her PowerPoint Presentation. She was a terrific part of the membership meeting and convention program!" - Don Klein, CEO Greater Nashville Association of Realtors Coverage from WSMV, Nashville - 8-14-2007 That Interview Guy - Get Inside The Head Of Today's Generation 2007 AE Institute Session - To purchase 2006 AE Institute Session - Parts 1 2 3 4 5 6 7 8 9 HouseValues Mastermind call - Parts 1 2 Blanche's fireside chat with Jeremy Conaway, HAR - Click here. For more articles by Blanche, click here.