Interesting information regarding how Park City’s year end sales stats compared with resorts in Colorado, California, Canada, Idaho, Montana and Wyoming. Of all 13 reported resorts, Park City enjoyed the largest sold sales volume ($834,507) and the most number of sold units (1,070).

Park City fared better than every other western mountain resort. Every resort was off, but all were off by much larger amounts than Park City. Even so, the Park City Board of Realtors had a total of 1,113 transactions in 2009 which was the lowest number of sales since 1989.

Statistically speaking, our low point for the number of transactions was February, 2009. So we have seemed to turn the corner in number of sales months ago. The market continues to be price sensitive and interest rates will probably rise in 2010.

We are cautiously optimistic that 2010 will be better than 2010.