This is an interesting update on the Park City-Deer Valley real estate market.
The first chart shows the median prices for Park City real estate have been coming down since 2008. However; the 2ndchart shows that for the first 5 months of 2010 the sales in Park City and Deer Valley were up 117% over the same time period in 2009. Buyers have been taking advantage of these lower prices and historic low interest rates as our real estate market hit bottom in the 2nd quarter of 2009. The recovery has been slow but steady. This is a great time to be a buyer for Park City and Deer Valley real estate."