The Park City Luxury Home Market, homes over $2.0M, remained strong in 2006 along with other hot spots such as Phoenix, Manhattan and California.
There were 104 $2.0M+ homes sold in 2006, which is a 60% increase for similar priced homes sold in 2005. The $347M gross sales equals approximately 18% of Park City's total gross sales. The highest priced sold home in 2006 was $6.8M while the highest in 2005 was $8.6M. Currently there are 194 active listings over $2.0M with the highest listed at $28M.
For more information on our market, please contact us.
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