With the demand for property at a high level and inventory at a low level, the Park City area is poised for a healthy recovering in the coming years.
Park City, Utah (PRWEB) February 11, 2013
As the vacation real estate market picks up steam from the last few years of the economic downturn, we are seeing more and more luxury sales for ski property in Park City, Utah. Take a look at the most expensive sales in all of Park City for 2012. As a popular destination for ski enthusiasts, Deer Valley is home to some of North America's greatest homes and is known to compete with the likes of Aspen and Vail, often at a more affordable price. There is no shortage of ski-in ski-out real estate in the area with many developments surrounding the slopes of the top rated resort in the country.
Single family home sales in the Deer Valley area are on the rise with the inventory absorption rate at an all time high at the start of 2013. With the demand for property at a high level and inventory at a low level, the Park City area is poised for a healthy recovering in the coming years. Luxury property seems to be selling more frequently with seventeen sales over five million dollars occurring in 2012.
The Fisher Group at Summit Sotheby's International Realty keeps a close eye on the luxury market throughout the area and specializes in representing both buyers and sellers on high end sales. From large ski homes right on the slopes, to luxurious penthouses overlooking the mountains, this area has it all.
The Fisher Group