Market Reports

Park City Market Alert: Ideal Time for Buyers & Sellers?

Seize the Opportunity: Park City Real Estate Market's Surprising Shift The Park City real estate market is a constantly evolving landscape, influenced by various factors such as economic trends, buyer demand, and interest rates. In mid-December, we witnessed one of the most significant drops in interest rates in a few decades, a game-changer for both buyers and sellers. Paired with an all-time high in...

If the Federal Reserve Is Poised To Cut Interest Rates Six Times in 2024, Take Advantage of Buyer Incentives Now!

Navigating the 2023 Mortgage Season: Buyer Incentives and the Fed's Announcement The 2023 mortgage season has been a rollercoaster ride for prospective homebuyers. With high pent-up demand, low housing inventory, and record-high mortgage rates, the real estate market has left everyone guessing about what's in store for 2024. However, there's an interesting twist on the horizon, and it all starts with...

2022 Ski Resort Report with $27.5B Total Volume Sold in the Mountain West

We are excited to announce the release of the 2022 Resort Report, a lifestyle and real estate data guide that compares ski and mountain communities throughout the Mountain West. Presented by Summit Sotheby’s International Realty in collaboration with LIV Sotheby’s International Realty and leading partner affiliates throughout the Mountain West, the 2022 Resort Report explores data from locations...

Summit Sotheby's Q3 2021 Report

Summit Sotheby’s Market Report Q3 2021

Summit Sotheby's International Realty Quarter Three Market Report. The report reviews and compares Utah's current and historical real estate market conditions. Please note: the following numbers focus on the Wasatch Back area.  1-Year Increase In The Avg. Sold Price +28.2% Average Sold Price $1.69M Properties Sold: Sep 21' = 258 Aug 21' = 243 Jul 21' = 263 Jun 21' = 262 May 21 =191 Apr 21' =...

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