Park City & Deer Valley

Real Estate Resource Center



Prudential Utah Real Estate

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Park City Neighborhood Profile

 

 

 

Park City Population:  8,030 (as of 2009)

Summit County Population:  approximately 29,500

Population Growth:  9.13%

Population Density:  851 (residents per square mile)

Median Age:  34.3 years

Median Income:  $72,536

Cost of Living Index:  176 (100 = national average; 110 = 10% more expensive)

 

 

Weather

January Average Temperature:  11.8º F

July Average Temperature:  69.3º F

Comfort Index: 85 (out of a 100 - the higher the number, the more comfortable)

Sunny Days:  229

Precipitation Days:  179

Rainfall (inches):  20.4

Snowfall (inches):  126.6

UV Index:  4.7

Elevation:  6,910

 

 

Demographics

Male:  54.2%

Female:  45.8%

Married:  56.7%

Single:  43.2%

Families with Children:  26%

 

 

Park City Jobs & Politics

Unemployment Rate:  4.3%

Recent Job Growth:  1%

Future Job Growth:  29.8%

Democrat:  45.5%

Republican:  51.8%

Independent (others):  2.6%

 

 

Park City Housing Stats

Median Home Age:  15 years

Median Home Value:  $638,140

Owner:  24.72%

Renter:  15.32%

Vacant:  59.96%

 

 

Park City Education Stats

School Expenditures (per pupil):  $5,102

Pupil / Teacher Ratio:  18

Students / Librarian:  792

Students / Counselor:  552

High School Graduates:  87.2%

Some College:  5.2%

Bachelor's Degree:  34.8%

Graduate Degree:  16.4%

 

 

Park City Health

Physicians: 364 per 100,000 population

Air Quality:  65 (out of 100 - the higher the number, the better). Based on ozone alert days and number of pullutants in the air, as reported by the EPA.

Water Quality:  66 (out of 100 - the higher the number, the better). The EPA has a complex method of measuring watershed quality using 15 indicators.

Superfund Index:  71 (out of 100 - the higher the number, the better). This is upon the number and impact of EPA Superfun pollution sites in the county, inclusing spending on the cleanup efforts.

 

 

Economy

Sales Tax:  7.35%  |  US: $6.00%

Income Tax:  7.00%  |  US: 5.02%

Income per Capita:  $46,682  |  US: $24,020

Household Income:  $75,480  |  US:  $44,684

 

 

Estimated Households by Household Income

Income Less than 15K:  7.39%  |  United States:  13.64%

Income Between 15K and 25K:  6.30%  |  United States:  11.21%

Income Between 25K and 35K: 8.38%  |  United States:  11.46%

Income Between 35K and 50K:  11.48%  |  United States: 15.84%

Income Between 50K and 75K:  16.66%  |  United States: 19.28%

Income Between 75K and 100K:  12.87%  |  United States:  11.53%

Income Between 100K and 150K:  11.85%  |  United States:  10.70%

Income Between 150K and 250K:  11.31%  |  United States:  4.43%

Income Between 250K and 500K:  7.29%  |  United States:  1.31%

Income Greater than 500K:  6.47%  |  United States:  0.61%

 

 

Population by Occupation

Management, Business and Financial Operations:  19.77%  |  United States:  13.61%

Professional and Related Occupations:  16.44%  |  United States:  20.24%

Service:  26.79%  |  United States:  14.75%

Sales and Office:  20.83%  |  United States:  26.74%

Farming, Fishing and Forestry:  0.22%  |  United States:  0.74%

Construction, Extraction and Maintenances:  9.30%  |  United States:  9.48%

 

 

Housing

Median Home Age:  15  |  United States:  27

Median Home Cost:  $638,140  |  United States:  $202,300

Home Owned:  24.52%  United States:  64.07%

Housing Vacant:  60.50%  |  United States:  14.48%

Homes Rented:  15.31%  |  United States:  21.45%

Property Tax Rate:  $5.79 United States:  $13.28

 

 

Owner Occupied Housing Units by Value

Less than $20,000:  0.00%  |  United States:  3.01%

$20,000 to $39,999:  0.61%  |  United States:  4.37%

$40,000 to $59,999:  0.00%  |  United States:  5.74%

$60,000 to $79,999:  0.00%  |  United States:  7.07%

$80,000 to $99,999:  0.72%  |  United States:  8.41%  

$100,000 to $149,999:  1.75%  |  United States:  19.74%

$150,000 to $199,999:  11.40%  |  United States:  14.06%

$200,000 to $299,999:  11.63%  |  United States:  16.59%

$300,000 to $399,999:  11.07%  |  United States:  8.21%

$400,000 to $499,999:  13.33%  |  United States:  4.53%

$500,000 to $749,999:  18.95%  |  United States:  4.75%

$1,000,000 or more:  20.50%  |  United States:  1.86%

 

 

Housing Units by Year Structure Built

1999 to October 2005:  15.84%  |  United States:  10.15%

1995 to 1998:  21.46%  |  United States:  6.69%

1990 to 1994:  11.61%  |  United States:  6.70%

1980 to 1989:  25.71%  |  United States:  14.75%

1970 to 1979:  17.80%  |  United States:  17.11%

1960 to 1969:  2.02%  |  United States:  12.78%

1950 to 1959:  0.33%  |  United States:  11.64%

1940 to 1949:  0.22%  |  United States:  6.64%

1939 or Earlier:  5.02%  |  United States:  13.55%

 

 

TRANSPORTATION

Commute Time:  19.3 minutes  |  United States:  27.4 minutes

 

 

Commute Mode

Auto (alone):  63.37%  |  United States:  71.32%

Carpool:  12.95%  |  United States:  14.52%

Mass Transit:  3.85%  |  United States:  2.00%

Work at Home:  8.11%  |  United States:  5.6%

 

 

Commute Time to Work

Commute Less than 15 Minutes:  59.89%  |  United States:  28.89%

Commute 15 to 29 Minutes:  18.00%  |  United States:  36.08%

Commute 30 to 44 Minutes:  13.21%  |  United States:  19.35%

Commute 45 to 59 Minutes:  6.15%  |  United States:  7.57%

Commute Greater than 60 Minutes:  2.74%  |  United States:  8.12%


 

 



*This information subject to change without notice. *This information courtesy of the Park City Chamber and Sperlings Best Places.

 

Charming Park City Real Estate Sold for $375,000

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Charming Park City Real Estate Sold for $375,000Surrounded by unobstructed mountain views, this sold Park City real estate gives its new owner approximately 1349 square feet floor plan with exceptional and remodeled two bedrooms, two-and-half bathrooms. Interior features include slate floors, natural gas heat, private hot tub on the deck and upstairs loft that has been closed in as second bedroom. This unit is furnished and well appointed. Located on 1500 Three Kings Drive, this property is close to skiing at world-class Park City Mountain Resort and the city bus route. The condo development offers a front desk for easy check-in, community clubhouse and year-round swimming pool and hot tub.

Click Here: View All Park City real Estate Properties!

Although Park City Utah is currently acknowledged for its world class skiing, arts and entertainment, the town used to be inhabited by a rough group of mineworkers, risk takers, saloon keepers, and ladies all in search of the earth treasure. When you walk along Old Town's streets lined with revived historic properties, you don't have to look very hard to see the remnants of Park City's silver mining years.

Conveniently located between the acclaimed Park City Mountain Resort and Deer Valley, Old Town is the a perfect location to see and be seen all year round, especially when it serves as a host to film stars, directors, artists, and other famous stars during the yearly Sundance Film Festival each January and the Park City Arts Festival each August.

Main Street, notable for its luxury shops, galleries, museums, restaurants, bars, and clubs, is within a stone's throw from any Old Town Park City real estate property. Enjoy the slopes with ski-in, ski-out access from Park City Mountain Resort and explore the rest of the area with Park City's free shuttle service. During the winter months, there is a service every 20 minutes from Old Town, which gives residents and guests easy access to Park City's other destination hotspots such as Deer Valley, The Canyons, and Park City Mountain Resort.

In Old Town homebuyers and real estate investors can find the best of Park City's historic years combined with all of today's exceptional amenities. Old Town Park City real estate properties range from the restored properties constructed during the silver boom in the late 1800's to modern-day structural design that blends attractively into the captivating setting of this historical area.

 

For More Information on Park City and Deer Valley Contact:
Michael Lapay
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

mlapay@pureparkcityrealestate.com



http://www.pureparkcityrealestate.com/00B5EC
Posted on January 17, 2011 10:03:34 by Michael Lapay
 

Lower Deer Valley Real Estate Featured Area: Black Diamond Lodge

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Location, location, location! Located in the heart of the Deer Valley ski area of Park City, UT, Black Diamond Lodge offers one of the most desired ski- in/ski-out locations.  This is the only luxury condominium in Lower Deer Valley that provides a well-situated setting close to "Old Town" Park City. Among Deer Valley condos, Black Diamond Lodge offers the best ski-in/ski-out lodging accommodation.

Black Diamond Lodge features 27 three- to four-bedroom residential condos ranging from 2,094 up to 4,526 square feet. Each unit boats soaring ceilings, welcoming great rooms and open floor plan. With mountain contemporary style, all Deer valley real estate properties in this community commonly has knotty alder cabinets, doors and base and case, hardwood floors, granite and upgraded lighting and plumbing fixtures. Each unit has west-facing windows that serve as the beautiful eyes to enjoy the spectacular sunset view.

Click Here: View All Deer Valley Real Estate Listings!

Common amenities available for homeowners include an underground parking, ski lockers, onsite management, a fitness room and children's play room. Ski at Deer Valley in the winter and witness the electrifying concerts from your balcony or hot tub during summer. Black Diamond Lodge has everything to offer all year round.

Eleven minutes drive from Black Diamond Lodge via Royal Street is the Silver Lake Lodge that serves as a beautiful backdrop of Bald Mountain. Here, you can enjoy luscious cuisine and fine dining at Mariposa restaurant and Royal Street Café, which boasts outdoor mountain dining during summer and winter months.

 

For More Information on Park City and Deer Valley Contact:
Michael Lapay
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

mlapay@pureparkcityrealestate.com



http://www.pureparkcityrealestate.com/00B4EE
Posted on December 13, 2010 14:30:14 by Michael Lapay
 

De Facto Dog Park Library Endorsed

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Park City Leaders want Pet Owners to Understand Leash Laws

are in Effect at the Site

 

Park City leaders on Thursday essentially endorsed the de facto dog park in the field outside the Park City Library and Education Center, but they also signaled they want signs posted at the site cautioning people of the illicit nature of letting dogs off their leashes in a public place.

The mayor and Park City Council discussed the library field, one of the largest tracts of undeveloped land in Old Town and a popular place for people to take their dogs to play fetch or frolic with the other canines.

The City Council requested City Hall staffers post signs with two messages at the site. The messages:

" Summit County Ordinance all dogs must be leashed, owners that allow their dogs to run unleashed may be subject to fines."

"Please be a responsible dog owner and pick up your dog's waste."

The signs also will guide people to the Quinn's Junction dog park, where dogs are allowed to be off leash. There are no signs at the site now, according to a report submitted to the elected officials in anticipation of the Thursday meeting.

Ken Fisher, who manages recreation programs, said he expects the signs to be posted at the library field by the spring. City Hall also plans to put up more dispensers with bags for people to pick up dog waste. There are two there now, Fisher's report indicated.

The decision was made after City Councilors weighed four options, with others including to put up a fence around a section of the field to create an official dog park and create a designated off-leash area at the site. The elected officials mentioned topics like ensuring schoolchildren at the Library and Education Center are safe. The discussion on Thursday also included members of the Recreation Advisory Board, a City Hall panel that helps craft policies for parks.

The library field has long drawn pet owners, with many of them saying they prefer the location to the dog park at Quinn's Junction. The field outside the library has more grass, is level and is more convenient for many people than the Quinn's Junction dog park. While there are frequently crowds of people with their dogs at the library field, there are rarely many people at the dog park at Quinn's Junction.

But leash laws are in effect in public places throughout Summit County, and the people who let their dogs off their leashes at the library field are doing so in violation of the law. The authorities typically do not enforce the law at the location, however, and there have only been sporadic complaints about the dogs being off leash.

The decision to post the signs came as winter approaches and at a time when the number of people and dogs at the field outside the library typically starts to dwindle. Dog owners who take their pets to the field have said there is camaraderie between themselves, and their dogs make friends as well. As many as 40 dogs might be at the field at some times, one of the dog owners has said.

by Jay Hamburger OF THE RECORD STAFF : The Park Record

 

 

For More Information on Park City and Deer Valley Contact:
Michael Lapay
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

mlapay@pureparkcityrealestate.com



http://www.pureparkcityrealestate.com/00B35A
Posted on November 08, 2010 15:18:07 by Michael Lapay
 

KSL Rankings Show Utah's Top 10 High Schools

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Park City High School Ranks #1 in Utah

 

KSL.com, April 20, 2009

 

SALT LAKE CITY -- Utah High Schools are ranked in football and basketball, but parents have no comparable way to view schools' performance in academics until now. KSL has launched a research project called KSL Schools that shows how schools stand up against each other.


To rank overall high schools, our analyst equally weighted proficiency, how schools prepare students to meet basic state requirements, advanced placement (considered college prep) and progress scores. The state says progress helps equalize the playing field by judging students at a school against their own progress rather than comparing them to students from different socio-economic categories.


Utah's Top 10 High Schools are:


1. Park City High School

2. Davis High School

3. Skyline High School

4. Viewmont High School

5. Lone Peak High School

6. Timpview High School

7. Alta High School

8. Woods Cross High School

9. Timpanogos High School

10. Mountain View High School



Those at the top come from a variety of districts. "What it says is that every school district is probably doing good job with some schools. And I think each one of them has some premiere schools," said Steve Harrison, and independent analyst with Bach Harrison.


We also ranked small high schools -- under 200 students -- using the same criteria.

 


Utah's Top 5 small high schools are:


1. Panguitch High School

2. Valley High School

3. Morgan High School

4. North Summit High School

5. Wayne High School


 
The rankings begged several questions. Sunday night we revealed our research identified small schools like Altamont High School and Piute High School at the top of the list for preparing all students to meet state requirements. So why didn't they make our Top Schools list?

These small school schools don't or can't offer Advanced Placement classes. So, for many students, there is a clear advantage to attending a big high school. "I think there is if you are college-bound, it certainly is; because they're able to then offer more of those advanced placement classes," Harrison said. We recognize not all success stories revolve around test scores or rankings, so we've asked every principal to send us their school stories.



http://www.pureparkcityrealestate.com/00A7CE
Posted on February 25, 2010 14:01:48 by Michael Lapay