GREATER PARK CITY MARKET STATS Q4 2018 Q4 2018 Year End Market Report | Page 15

SUMMARY
DEMAND GREATER PARK CITY (AREA 1 THROUGH 23)
Though“Pended Sales”declined 8% in 2018 compared to 2017, the
bigger take away is that demand as measured in pended sales in
Park City has remained relatively stable over the past 6 years.
Closed sales were down 7% in 2018 compared to 2017, however
once again closed sales has been largely consistent since 2013.
Total dollar volume continues to increase with a slight gain of 1.5%
in 2018 in comparison to 2017.
Buyers are shying away from older homes that require a major
remodel unless there is a compelling value.