Sales of Park City Homes and Condominiums Improve

By Delia Reece

Feb 25, 2010

At the monthly Park City Board of Real Estate meeting today, Mark Seltenrich, board president spoke to the audience of Realtors and let them know that:

YTD Sales for 2010 vs 2009 are up 96% and this is excluding Pre-sales at The St Regis and other new developments
Real Estate sales in the Park CIty area are holding up far better than other Rocky Mountain Ski Resorts. In fact, Real Estate sales volume in Park City is down only -17% YTD; compared to Vail Colorado down -60%YTD.
Real Estate prices on average in Park City are down -32% from the highs in 2007, and it's an great time to consider owning property in the Park City area.
Park City is still one of the BEST Values for ski property; and compared to other Rocky Mountain Ski Resorts, Park City properties are on average 15-20% less than equivalent properties in Colorado, Sun Valley, Telluride etc.

Check out the Facts at our Park City Board Website [gallery]

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Deer Valley's 2nd Auction- Lookout Homes

By Delia Reece

Feb 24, 2010

Lookout Homes – Auction March 27, 2010

With the success of the Silver Strike auction in January where all seven condos were sold, another Deer Valley developer has decided to put properties up for auction. These Lookout units are located in Upper Deer Valley, they’re large single family homes with 4-5 bedrooms and 4,000 -5,000 square feet, selling for approx 50% off list, minimum bids $1.65M.Craig and I previously represented two buyers who were successful at the Silver Strike auction, we understand effective strategies to employ and can help you compare properties to substantiate the values of these Lookout units.

Please contact me with any questions,800-553-4666, Delia

Lookout Auction - Upper Deer Valley

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Park City’s Olympic Connection

By Delia Reece

Feb 17, 2010

Park City's Ted Ligety Gold Metal Winner

Nearly 70 athletes who live or train in Park City joined more than 5,500 Olympians in Vancouver. Here are a few of Park City’s finest at the Olympics:

Morgan Arritola competing in Cross country: Morgan is competiting in her first Olympics

Shannon Bahrke competing in the moguls: Shannon won the silver medal 2/14/10

Brett Camerota competing in the Nordic Combined

Emily Cook competing in Freestyle Skiing

Billy Demong Nordic Combined: Billy is the World Champion

competing in his 4^th Oylmpics

Erick Fisher competing in Alpine Skiing: Erick is a Downhill specialist

Dylan Ferguson competing in Freestyle Skiing: Dylan was 7^th at the World Championships in 2009

Steve Holcomb competing in the Bobsled: Steve is a past World Champion Bobsled pilot.

Tyler Jewell competing in Snowboarding : Tyler finished 11^th at the 2006 Olympics

Andres Jounson competing in Ski Jumping:

Maria Lamb competing in Speed Skating: Maria will compete in the 5,000 meters; the women’s longest race

Ted Ligety competing in Alpine Skiing: Ted was a gold medalist in the 2006 Olympics.

Jana Lindsay competing in Freestyle Skiing. Jana finished 15^th in the 2006 Olympics.

Zach Lund competing in the Skeleton

Megan McJames competing in Alpine Skiing: Megan is a Giant Slalom specialists.

Heather McPhee competing in Freestyle Skiing: Heather finished 18^th in the moguls in Vancouver

Nick Pearson competing in Speedskating

Kaylin Richardson competing in Alpine Skiiing: finished 17^th at the 2006 Olympics

Nate Roberts competing in Freestyle skiing: Nate is a 2 time world moguls medalists

Jen Rodriquez competing in Speedskating: Jen is a 2 time Olympic bronze medalists

Ryan St. Onge competing in Freestyle Skiing; Ryan is the reigning world aerials champion

Leanne Smith competing in Alpine Skiing

Liz Stephen competing in Cross Country

Jeremy Teela competing in Biathlon

Lindsey Vonn competing in Alpine Skiiing: Double world champ favored to win several medals in her 3^rd Olympics

Graham Watanabe competing in Snowboarding: Graham competed in the 2006 Olympics

Byron Wilson competing in Freestyle Skiing

Jake Zamansky competing in Freestyle Skiing

Enjoy the 2010 Vancouver Olympics can cheer on our Park City Olympians!

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Montage Hotel Deer Valley Releases 'First Tracks' Program

By Delia Reece

Feb 11, 2010

Montage Hotel Deer Valley

The Montage Deer Valley, released incentive pricing recently, for the new Montage Deer Valley Hotel Opening December 2010. TheFirst Tracks Program, will include a 20% discount to buyers of the first 15 Residences along with First Tracks ski privileges and Deer Valley ski passes for the entire family.

First Tracks Program, will include a 20% discount to buyers of the first 15 Residences along with First Tracks ski privileges and Deer Valley ski passes for the entire family. A general summary of the product mix are as follows; there are 81Residences occupying the top six floors of the building, 49 of the Residences on the 8^th and 9^th floors will be sold furnished, 26 of those Residences have standard hotel guest rooms as “lock-off” units.

Fifteen residences (11 furnished and 4 unfurnished) are being offered in the initial soft release of the First Tracks early buyer incentive program.

Furnished First Tracks Residences: 820, 841, 850, 861, 886, 901, 906, 930, 940, 960, 963

Unfurnished First Tracks Residences: 1020, 1032, 1052, 1151

Please note that First Tracks Buyers receive a 20% reduction from “list” prices and have the exclusive opportunity to consider other Residences and floor plans in the building, if the initial fifteen are not a match for their needs and wants.

Please contact me for information and login information to the web portal to view floor plans, schematics, and general finishes.

Delia

Delia Reece, ABR, e-Pro

435-901-3064

800-533-4666

dreece@pureutah.com

www.DeerValleySpecialist.com

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Talisker on Main

By Delia Reece

Feb 09, 2010

Tags: Deer Valley, News, Real Estate
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Deer Valley Powder Day

By Delia Reece

Feb 04, 2010

Tags: Deer Valley, Real Estate
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Park City-Deer Valley Update

By Delia Reece

Feb 03, 2010

The Park City Board of Realtors 2009 year-end report showed that total sales volume for the entire Park City Multiple Listing area was down 17% from 2008. However; Vail Colorado total sales volume was down 60% for the same time period. The Park City-Deer Valley area property values are down 30% from the peak of 2007.

The interesting statistic from the Park City Board of Realtors showed that the Park City-Deer Valley real estate appreciation rate from 1999 to 2009 was 65%. The stock market appreciation for that same time period was 10%.

If you know of anyone that will be here soon to ski that may have an interest in real estate; please have them contact me. You know we'll do a great job for them!

Call us at 800-553-4666

Craig Reece, Assoc Broker, CRS

Delia Reece, e-Pro, ABR

Tags: Deer Valley, Real Estate
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