Newsletter of the month August 6, 2024

August Newsletter

August in Park City is all about embracing the outdoors! Dive into water activities, hit the mountain bike trails, and enjoy a variety of local events. Learn about the Mayflower Lakeside development, stay updated with real estate articles, and explore our featured listings to find your perfect home.
Above is an overview of Single Family Homes in Park City Limits and Snyderville Basin.
PARK CITY WATER ACTIVITIES. Park City is perfect for water activities. Try paddle board yoga on calm lakes or tubing down the Weber and Provo Rivers. Whether you’re rafting, kayaking, or floating, there’s fun for everyone.. Learn More Here
NEWER MOUNTAIN BIKE TRAILS. Here is a list of a few of the new trails in Park City and some honorable mentions as well. Learn More Here
AUGUST EVENTS IN PARK CITY. Enjoy the vibrant community atmosphere and discover something new to do.
MAYFLOWER LAKESIDE DEVELOPMENT – Nestled between world-class ski resorts and Jordanelle Reservoir, Mayflower Lakeside offers a four-season lifestyle with easy access to Park City. The community features modern townhomes and condos with high-end interiors and access to amenities like a clubhouse, pool, and trails. Perfect for both winter sports enthusiasts and summer adventurers, it combines the best of mountain living with convenient proximity to Park City’s vibrant Main Street.
 
KEEPING CURRENT MATTERS
NOT A CRASH: 3 GRAPHS THAT SHOW HOW TODAY’S INVENTORY DIFFERS FROM 2008
 
Here’s why experts are so confident. For the market (and home prices) to crash, there would have to be too many houses for sale, but the data doesn’t show that’s happening. Right now, there’s an undersupply, not an oversupply like the last time – and that’s true even with the inventory growth we’ve seen this year.
 
KEEPING CURRENT MATTERS
ARE HOME PRICES GOING TO COME DOWN?
 
Today’s headlines and news stories about home prices are confusing and make it tough to know what’s really happening. Some say home prices are heading for a correction, but what do the facts say? Well, it helps to start by looking at what a correction means.
 
1454 N DEER VALLEY DR 12, PARK CITY
$1,250,000
2  BEDS Separator 1  BATH Separator 1,211  SQFT
5480 CROSS COUNTRY WAY, PARK CITY
$2,295,000
5  BEDS Separator 5  BATHS Separator 3,346  SQFT
3184 S CALAMITY LANE, PARK CITY
$4,100,000
4  BEDS Separator 6  BATHS Separator 5,630  SQFT
2344 NIGHTHAWK CIR, PARK CITY
$5,590,000
5  BEDS Separator 7  BATHS Separator 6,435  SQFT
2100 DEER VALLEY DRIVE S 9, PARK CITY
$2,750,000
2  BEDS Separator 1  BATH Separator 1,348  SQFT
2197 W SONDER WAY R-16, PARK CITY
$5,600,000
4  BEDS Separator 4F+1H  BATHS Separator 3,303  SQFT