Golf Course Update

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Here is a quick video brought to you by Broker, Jeff Lykes on the golf course! http://youtu.be/kCHMQyDXx2c … [Read more...]

Hyatt Escala Lodges Makes Change

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It was just about a year ago that the owners of Escala Lodges, (SDI Realty Group) made the announcement to bring in Hyatt Hotels & Resorts to operate and manage the property now known as Hyatt Escala Lodge at Park City.  The move was made because of the strong brand identity that Hyatt would lend to the properties sales efforts going forward.  Most local real estate professionals and related … [Read more...]

The Secret is Out

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THE SECRET IS OUT WMRA 2011 Second Quarter Statistics July 21, 2011 The secret is out and what I mean by secret is “Park City”. The reason I say this is that the WMRA (Western Mountain Resort Alliance) 2011 second quarter statistics are out and these stats show Park City sales clearly out pacing the other members of the alliance. Sales in the Park City market through the second … [Read more...]

Canyons New Concert Venue

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http://www.youtube.com/watch?v=HjMdrsnsfMg&feature=channel_video_title Canyons has built a new concert stage on the ski beach area. The new concert area is slope side in front of the Grand Summit. … [Read more...]

Q2 Real Estate Report in Park City, Utah

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The halfway mark for the year has passed and that means fireworks, festivals and family fun all over the Park City area. The 3rd of July concert and fireworks at the resort was a huge success and was seen by a huge crowd of roughly 7500 people. Now that we have passed the halfway mark for the year we can take a look back at the quarter 2 and half year statistics. All though the market slowed a … [Read more...]

Property Profile – Lodge at Westgate

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In a report that I did in early June on our Talisker Mountain Realty website, I wrote that condominium sales in Canyons Resort were up 31% YTD. This increase in sales is in large part due to drop in prices over the past year of about 36%.  If it has sold in the past 12 months it is because the VALUE EQUATION of the properties sold has finally been balanced.  As my good friend Bill Fiveash so … [Read more...]

Canyons Specific Real Estate Stats

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Quarter 1 Sales Information The official kickoff to summer is almost here at Canyons Resort, but before we get all caught up in all those activities let’s take a quick look back at the first quarter of 2011. I am going to focus this report on the area referred to by the Park City MLS as area 10 or Canyons. This area consists of the main resort core of Canyons Resort down to State Route 224 as … [Read more...]

Mountain Resort STATS

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Hello, I'm Jeff Lykes, principal broker at Talisker Mountain Realty.  My blog will consist of useful reports and information on the Park City real estate market trends and how we compare to other western resort areas. Park City and the Park City Board of Realtors has the very good fortune of being a members of an organization called the Western Mountain Resort Alliance. This alliance was … [Read more...]