Real estate sales continue to improve in Park City and Vail. The market has improved dramatically in the last three years.
In Park City, property sales were up four per cent during summer and median property prices rose 11 per cent from the year before.
“It’s a slow but steady improvement,” said Mark Seltenrich, the statistician from the Park City Board of Realtors. “The biggest trend is that the really cheap properties, the low-priced condos or low-priced lots, are not there anymore.”
Curt Singleton, executive director, told The Park Record the rebounding market is reflected in the expanding roster of sales agents affiliated with his organization. “More people are getting back into real estate.”
From Vail comes much the same story, with the bottom-end foreclosures being cleared out in the down-valley markets at Eagle and Gypsum. Several agents told Mountain Town News that they have had multiple offers on properties, the first time in some years for that to happen.
Stewart Seeligson’s business education and diverse real estate experience set him apart from other real estate brokers in the Telluride region.