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BESSIE LEE OSTERTAG REALTOR®

435-901-7811

1750 Sun Peak Drive Park City, UT 84098 Each Office is Independently Owned and Operated.

bessie@kw.com www.LuxuryMountainResidences.com www.TheBestOfParkCity.com

MAY 2018 REAL ESTATE MARKET REPORT

Park City’s

• 1ST QUARTER REVIEW • A MESSAGE FROM BESSIE LEE OSTERTAG

G AT E D G O L F CO M MUNIT IES PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018

MOUNTAIN CONTEMPORARY HOME IN PROMONTORY Courtesy of Keller Williams Park City - Utah Luxury Group

• Within walking distance to the Nicklaus Clubhouse • Master Suite with Balcony • Rothko Model with Expansive Windows

6458 Golden Bear Loop West | 4 Beds, 4 Baths | 3,022 Est. Sq. Ft. | Offered for $1,850,000 PRESENTED BY BESSIE LEE OSTERTAG Dear Johnathan and Angela-Marie, If you would like your home professionally marketed and featured in my publications, which are mailed to hundreds of potential buyers every month, call me at 435-901-7811.

YOUR LOCAL PARK CITY REAL ESTATE SPECIALIST

WWW.THEBESTOFPARKCITY.COM


BESSIE LEE OSTERTAG REALTOR®

435-901-7811

bessie@kw.com www.LuxuryMountainResidences.com

A MOVE CAN MAKE A DIFFERENCE When you buy or list your home with me, 5% of my commission will be donated to a local charity of your choice.

During the buying and selling process it is refreshing to work with a professional agent. Bessie listens and goes the extra mile for her clients. I have worked with Bessie on several projects and I appreciate her detailed approach. She is 100% focused on finding her clients the perfect home and/or selling their home for top dollar. - Sandra, Oakley, UT

PARK CITY’S GATED GOLF COMMUNITIES R EAL ESTATE MAR K ET R EPORT

A Message from Bessie

THE MEDIAN SOLD PRICE HAS INCREASED!

PARK CITY’S GATED GOLF COMMUNITIES REAL ESTATE REVIEW

SOLD PRICE

LOW

$1,262,000 $2,380,000

MEDIAN

+24.5% from 1st Quarter 2017

www.TheBestOfParkCity.com

19 RECENTLY LISTED HOMES (Showing 19 of 67 Total Homes)

Realizing your home is one of the largest investments you will ever make, I believe keeping you informed of current market trends and your community home values is one of the greatest services I can provide. Thank you for taking the time to read my report. If you have any questions regarding any of the information contained herein or would like to discuss the value of your property, please don’t hesitate to call me. Should you know anyone who might enjoy receiving a copy, please forward their address and I will add them to my mailing list.

1 ST QUARTER

Johnathan and Angela-Marie, This market report was prepared especially for you. For an in-depth, analysis of your home, please call me today at 435-901-7811 and visit:

Status Active

Subdivision Aspen Camp

Beds 5

Total Baths 4

Est. Square Feet* 6,300

List Price $2,050,000

Active

N Moon Dog Court

Aspen Camp

5

5

6,400

$3,150,000

Active

Aspen Point

Aspen Camp

5

6

6,500

$4,750,000

Active

N Promontory Ranch Road

Aspen Camp

6

7

12,700

$5,494,000

Active

Saddlehorn Drive

Bison Bluffs

4

6

6,700

$1,950,000

Active

Saddlehorn Drive

Bison Bluffs

4

7

5,200

$1,975,000

Active

N Hidden Hill Loop

Buffalo Jump

4

6

5,000

$2,695,000

Active

N Mountain Crest Road

Active

Dye Cabins Drive

Buffalo Jump

5

6

5,300

$2,799,000

Dye Course Cabins

5

5

5,600

$3,150,000

Active

Glenwild Drive

Glenwild

3

5

3,300

$2,100,000

Active

Snow Berry Street

Glenwild

5

6

7,200

$2,790,000

Active

Glenwild Drive

Glenwild

5

7

5,200

$2,945,000

Active

Purple Sage Drive

Glenwild

6

7

5,800

$3,495,000

Active

Aspen Camp Loop

Promontory

5

4

4,600

$1,600,000

Active

Central Pacific Trail

Promontory Area

5

9

8,200

$4,375,000

Active

Tatanka Trail

Ranch Club Cabins

4

6

4,700

$2,295,000

Active

Cody Trail

The Palisades

5

6

6,700

$2,100,000

Active

Cody Circle

The Palisades

5

8

8,500

$2,750,000

Active

N West Hills Trail

West Hills

5

7

7,800

$4,200,000

$6,475,000

HIGH

There are currently 26 homes pending in your community.

For more information on these homes, call me today at 435-901-7811.

PRICE PER SQ. FT.

LOW

$370

AVERAGE

+41% from 1st Quarter 2017

HIGH

$523

HOMES SOLD IN THE 1ST QUARTER IN YOUR AREA

$671 Status Sold

12 GLENWILD GOLF COURSE

Street Name Aspen Camp

152

Address 8340 N Ranch Garden Road

Subdivision Deer Crossing

Beds 6

Total Baths 8

Est. Square Feet* 8,300

List Price $4,195,000

Sold Date

Dye Course Cabins

5

6

4,600

$2,895,000

03/28/18

03/21/18

94.5%

Sold

8971 Dye Cabins Drive

Sold

1433 Snow Berry

Glenwild

6

8

9,800

$6,950,000

02/14/18

Sold

7545 Purple Sage

Glenwild

6

8

7,800

$3,890,000

02/01/18

1575 E Canyon Gate Road

Northgate Canyon

4

5

4,700

$2,150,000

02/22/18

Promontory Area

4

4

5,700

$2,500,000

04/12/18

TOTAL SALES

DAYS ON MARKET

AVERAGE SP/LP RATIO

Sold Sold

2989 Westview Trail

4 Fewer

51 Days Slower

-1.6%

Sold

6684 Golden Bear Loop West Promontory Nicklaus West Phase I

4

4

2,800

$1,645,000

02/22/18

than 1st Quarter 2017

than 1st Quarter 2017

from 1st Quarter 2017

Sold

7185 N Westview Court

The Homesteads

5

7

5,100

$2,150,000

02/14/18

Sold

7318 N Westview Court

The Homesteads

5

6

5,100

$2,000,000

01/29/18

Sold

8188 Western Sky

Trapper's Cabins

3

4

2,400

$1,299,000

02/14/18

Sold

2922 Quick Draw

Trapper's Cabins

3

4

2,500

$1,575,000

02/12/18

Sold

3005 E Wapiti Canyon Road

Wapiti Canyon

5

6

6,600

$3,695,000

03/26/18

Johnathan and Angela-Marie, This statistical analysis represents the average comparisons of 2018 over 2017 for your community. For an in-depth analysis of your home’s value, call me today at 435-901-7811 for a complimentary evaluation. Data based on listings from PCMLS from January 1st to March 31st, 2017 and 2018. Information deemed accurate but not guaranteed.

Bessie Lee Ostertag, Keller WIlliams Realty, Keller WIlliams Luxury International. and Keller WIlliams Real Estate - Park City are not in any way affiliated with any Park City Home Owners Association, nor is this in any way an official advertisement or publication of Park City. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Park City Multiple Listing Service (PCMLS) as of May 1st, 2018. Listings and sales may not be those of Keller WIlliams Realty or Keller WIlliams Real Estate - Park City. The National Association of Realtors® and the PCMLS do not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated Square Feet rounded to the nearest hundred.

Bessie Lee Ostertag - Park City Gate Golf Communities - NL - MAY18  
Bessie Lee Ostertag - Park City Gate Golf Communities - NL - MAY18