Park City’s Real Estate Inventory Problem
By Todd Anderson, Park City | Deer Valley Real Estate
(You In Park City group - KW Park City Keller Williams Real Estate)
Like many other communities in the country, Park City, Utah is experiencing a lack of available homes for sale.How can that be when a search of the active properties on Wasatch Back MLS (Summit and Wasatch Counties) brings nearly 1900 results? Just over 700 of those listings are for Vacant Land (Acreage and Building lots) Another 140+ of these listings are for Fractional Ownerships or Commercial properties So, there are 1042 active listings of Homes and Condominiums on the WBMLS 109 of these are outside Summit or Wasatch Counties (mostly in the greater Salt Lake area) Further Subtraction of the homes in the Heber Valley, Kamas Valley and Coalville area removes another 240+ homes from the initial search results The final tally leaves 691 Ho...
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