Let's compare the total number of sales of homes, condominiums and vacant land by looking at the past 12 months and comparing it with the year before. The red bars show the sales data for June 2017 through May 2018, compared to the previous year depicted with silver bars. The total number of homes sold, including those within the Park City city limits and in the Snyderville Basin, was up 4%, or 19 sales last year, compared to the previous 12-month period. The total number of condominiums sold in the Park City city limits and the Snyderville Basin changed by 12 sales from the prior year. Lot sales were steady at 180 sales.
Now let's break this data down further and look at sales activity within the Park City limits, as well as in the Snyderville Basin (Park City county area excluding city limits). The charts below compare the number of sales, year-over-year, as well as the median sold prices for the same areas, year-over-year.
Home Sales
The total number of homes sold in the last 12 months was 548 compared to 529 the prior 12 months. Within the Park City city limits, homes increased by 17 sales, or 11%, with 173 homes sold in the last year compared to 156 sales the year before. Homes sold in the Snyderville Basin were up by 1%, or 2 sales, from 373 to 375.
Condomimium Sales
The total number of condos sold increased from 644 sales between June 2016 and May 2017 to 656 between June 2017 and May 2018. Condominium sales within the city limits were up by 6%, or 18 sales, while condo sales in the Snyderville Basin fell by 6 sales, which is a 2% decrease from the previous year.
Vacant Land Sales
The totals of Park City and Snyderville Basin vacant land sales remained steady the last 12 months compared to the prior 12 months. To clarify, sales were up by 55% in the city limits, from 20 to 31 and down 7% -- 11 sales, in Snyderville basin.
