Park City in Autumn
The colors are stunning in the Park City area mountains... Always seem to peak late September. While forecast is for snow Wednesday above 6000ft, it's too early to get the skis out... keep the hiking shoes and bike ready for Indian Summer in October! After that we can think skiing!
Deer Valley Ski Magazine readers for the 3rd year in a row, voted Deer Valley in as #1 Ski Resort in North America! As always, it gets top honors in categories of lodging, customer service, on mountain food, and snow grooming!
Market Stats: With 17 new pending sales over $1M in the Park City market in the last 30 days, that core indicator within the market continues solid. These range of course, from $1.17m to $8.4M!
Of note are the pending sale last week of a large Stag Lodge condo at a list price of $5.7M! Other interesting top tier sales include 2 new homes at "Deer Pointe", a new development in Deer Crest. Also, a penthouse at Silver Strike Lodge , and two condo sales at the newest "Flagstaff" building, both at Empire Pass. Even a few homes in Promontory have sold this month!
The St. Regis Funicular has been running... a wild bird-like construct, which contains unique "self leveling" capabilities, as it runs over the convex hillside from SnowPark to the St. Regis building at Deer Crest. Furnishings are already going into the condo and residence units at the St. Regis, job applications are being taken for 300 positions at the hotel, and they expect to be open with tuxedos ready before the coming ski season!
Treasure Hill The heated discussion continues regarding the Sweeny family's proposals for a massive development just above Empire and Lowell in Old Town. 200 hotel rooms, 100 condos, plus retail, commercial. Way too big, too tall, Old town roads will never handle it and we out of character for the one area of Park City that still retains some charm. Way to go Rich Wyman, for speaking out strongly and intelligently against this white elephant. Here is a link to the latest article in the Park Record. Let's hope the planners and city council insust on a downsizing.