Updated July 10, 2026
Deer Valley recorded 53 closed MLS sales from January 1 through June 30, 2026. Of those, 52 included a disclosed sold price and generated more than $300.3 million in reported sales volume. The average disclosed sold price was approximately $5.78 million, and the median was $5.05 million.
The headline numbers show strength, but Deer Valley is not one uniform market. A newer full-service condominium can command a much higher price per square foot than a larger detached home. Exact ski access, view, renovation level, HOA structure, rental rules, storage, parking, and ease of ownership all affect value.
Deer Valley Real Estate at Midyear 2026
The first half of 2026 produced a broad range of transactions, from studio condominiums to large detached homes. The highest disclosed MLS sale in the report closed at $25 million. Cash remained a major part of the market, accounting for nearly 70% of the 53 closings.
53
Closed Sales
MLS closings from January 1 through June 30, 2026.
$300.3M
Reported Sales Volume
Based on the 52 closings with a disclosed sold price.
$5.78M
Average Sold Price
The average disclosed sold price was $5,775,675.
$5.05M
Median Sold Price
Half of the disclosed sales closed above this amount and half below it.
$1,689
Average Price per SqFt
Calculated from disclosed prices and reported total square footage.
$1,288
Median Price per SqFt
A better midpoint than the average when a few premium sales influence the data.
95.9%
Average Sale to List Ratio
The average sold price compared with the final list price.
69.8%
Cash Purchases
Cash was reported in 37 of the 53 first-half closings.
15.1%
New Construction
Eight first-half sales were marked as new construction in the MLS.
Midyear Takeaway
Deer Valley buyers continued to reward properties that reduced ownership friction. Strong ski access, updated interiors, useful storage, dependable parking, clear rental rules, and well-managed associations remained important. Properties with deferred maintenance or an unclear value proposition required more careful pricing.
Compare a Specific Deer Valley Property
Broad resort averages are only a starting point. A property-specific analysis should compare the same neighborhood, building type, condition, ski access, and ownership structure.
How Midyear 2026 Compares With Full-Year 2025
Deer Valley recorded 198 closed sales during full-year 2025, with more than $1.025 billion in sales volume. The average sold price was approximately $5.20 million, and the median sold price was $4.45 million.
198
2025 Closed Sales
The full calendar year included substantially more transactions than the first six months of 2026.
$1.025B+
2025 Sales Volume
Reported Deer Valley MLS volume for the full year.
$5.20M
2025 Average Sold Price
The first-half 2026 disclosed average was approximately 11.0% higher.
$4.45M
2025 Median Sold Price
The first-half 2026 disclosed median was approximately 13.5% higher.
How to read the comparison: The higher first-half 2026 average and median do not mean every Deer Valley property appreciated by the same amount. This compares a six-month period with a full calendar year, and the result is sensitive to the mix of detached homes, condominiums, new construction, and high-value closings.
June 2026 Sold Price per Square Foot
What Changed
The median sold price per square foot reached $1,432 in June 2026. That was 31.2% higher than the $1,092 median reported for June 2025.
How to Interpret It
June included nine closings, with eight disclosed sold prices. A small group of premium or recently delivered properties can move the monthly median sharply. The result does not mean every Deer Valley property increased by 31.2%.
9
June Closings
Eight had a disclosed sold price.
$66.5M
Reported Volume
Total volume from the eight disclosed June sales.
$8.32M
Average Sold Price
The June average was influenced by high-value detached-home sales.
$5.81M
Median Sold Price
The midpoint of the disclosed June sales.
Monthly Deer Valley Closed Sales in 2026
March produced the most closings during the first half of the year. June produced the highest average sold price. May recorded only four sales, so its elevated price per square foot reflects a narrow property mix and should not be treated as a stand-alone market benchmark.
January 2026
8 sales
Volume: $31,951,770
Average: $3,993,971
Median: $3,336,000
Median per SqFt: $1,173
February 2026
9 sales
Volume: $55,425,625
Average: $6,158,403
Median: $7,057,500
Median per SqFt: $1,369
March 2026
12 sales
Volume: $79,950,179
Average: $6,662,515
Median: $4,567,590
Median per SqFt: $1,278
April 2026
11 sales
Volume: $42,855,000
Average: $3,895,909
Median: $4,100,000
Median per SqFt: $1,250
May 2026
4 sales
Volume: $23,625,000
Average: $5,906,250
Median: $5,937,500
Median per SqFt: $2,605
June 2026
9 sales
Volume: $66,527,500
Average: $8,315,938
Median: $5,812,500
Median per SqFt: $1,432
One June closing had a confidential sold price. It is included in the closing count but excluded from reported volume, average price, median price, and price per square foot calculations.
Market Pace and Negotiation in the First Half of 2026
The median Deer Valley sale went under contract 35 days after its listing-effective date, while the average was 67 days. That gap shows a divided market: many properties moved quickly, while a smaller group remained available for much longer.
35 Days
Median Time to Contract
The midpoint from listing effective to under contract across all 53 first-half sales.
67 Days
Average Time to Contract
The higher average reflects a smaller group of listings with extended market time.
49%
Under Contract Within 30 Days
26 of the 53 sales secured a contract within the first 30 days.
9%
More Than 180 Days
5 sales took longer than six months to go under contract.
96.0%
Median Sale to Original List
Based on the 52 closings with a disclosed sold price.
21%
At or Above Original List
11 of the 52 disclosed sales met or exceeded the original asking price.
9
Listings With a Price Reduction
Nine of the 53 listings reduced the asking price before closing.
Pricing Takeaway
Nearly half of the first-half sales found a buyer within 30 days, but only about one in five disclosed sales closed at or above the original asking price. Accurate initial positioning can create urgency, while an ambitious price can add market time and still lead to negotiation later.
Market-time calculations use the MLS listing-effective and under-contract dates. Sale-to-original-list calculations exclude the one closing with a confidential sold price.
Deer Valley Homes vs. Condos and Townhomes
Attached residences accounted for 41 of the 53 first-half sales. Detached homes accounted for 12 sales but represented approximately 40.6% of disclosed sales volume because of their substantially higher average price.
41 Sales
Condos and Townhomes
Reported volume: $178,291,770
Average sold price: $4,457,294
Median sold price: $3,237,500
Median per SqFt: $1,643
12 Sales
Detached Homes
Reported volume: $122,043,304
Average sold price: $10,170,275
Median sold price: $8,770,563
Median per SqFt: $1,160
Why Attached Residences Lead in Sales
Condos and townhomes can provide ski access, property management, amenities, and lock-and-leave convenience. Detached homes attract buyers seeking privacy, larger gathering spaces, garages, outdoor areas, and more control over the property.
Why Price per Square Foot Differs
A smaller new condominium with full-service amenities can sell at a much higher price per square foot than a larger detached home, even when the home has a much higher total value. Total price and ownership structure must be evaluated together.
One attached residence had a confidential sold price. Its closing is included in the count but excluded from the attached-residence volume, average, median, and price per square foot calculations.
New Construction and Recently Delivered Deer Valley Residences
Eight of the 53 first-half closings were marked as new construction in the MLS. That represented approximately 15.1% of all closings. Newer residences continue to influence Deer Valley pricing because buyers often place a premium on modern finishes, current building systems, amenities, and lower immediate maintenance needs.
8
New Construction Closings
Eight first-half MLS sales were identified as new construction.
3
Founders Place Sales
More than $20.8 million in reported first-half sales volume.
6
Pioche Village Sales
The most active subdivision by number of reported first-half closings.
What Buyers Should Verify
Review the developer contract, deposit schedule, completion timing, HOA budget, furnishing requirements, rental rules, parking, storage, and what is included in the purchase price.
What the MLS May Not Capture
MLS data may not include every developer closing, private transaction, or off-market sale. Current opportunities are available on the Deer Valley new construction page.
First-Half 2026 Sales by Bedroom Count
Three-bedroom properties were the most active segment, with 19 closings. Five-bedroom properties were next, with 10 closings. The number of bedrooms is only one part of the value. Building, location, ski access, condition, view, floor plan, amenities, and HOA structure can create substantial pricing differences within the same bedroom category.
5 Sales
Studios
Average: $469,900
Median: $470,000
2 Sales
1 Bedroom
Average: $1,005,000
Median: $1,005,000
5 Sales
2 Bedrooms
Average: $4,520,000
Median: $4,750,000
19 Sales
3 Bedrooms
Average: $4,105,821
Median: $3,700,000
8 Sales
4 Bedrooms
Average: $5,734,688
Median: $6,620,000
10 Sales
5 Bedrooms
Average: $9,240,830
Median: $7,088,152
2 Sales
6 Bedrooms
Average: $19,250,000
Median: $19,250,000
2 Sales
7 Bedrooms
Average: $11,342,500
Median: $11,342,500
One three-bedroom closing had a confidential sold price. It is included in the closing count but excluded from the average and median calculations.
Most Active Deer Valley Subdivisions in the First Half of 2026
Transaction count does not equal total market value. Pioche Village recorded the most closings, while several luxury developments generated substantially more sales volume with fewer transactions.
6 Sales
Pioche Village Condominiums
Reported volume: $3,199,500
3 Sales
Larkspur
Reported volume: $21,507,500
3 Sales
Founders Place
Reported volume: $20,829,770
2 Sales
St. Regis
Reported volume: $26,200,000
2 Sales
Deer Crest Estates
Reported volume: $25,985,000
2 Sales
Stein Eriksen Residences
Reported volume: $20,650,000
2 Sales
Knoll Estates and Deer Valley Club Estates
Reported volume: $13,651,125
2 Sales
Goldener Hirsch
Reported volume: $12,400,000
2 Sales
Stag Lodge
Reported volume: $11,240,000
2 Sales
Arrowleaf
Reported volume: $6,950,000
Derrik Carlson's Firsthand Deer Valley Market Experience
This report combines Park City MLS data with Derrik Carlson's active work representing Deer Valley buyers and sellers. From January 1 through June 30, 2026, Derrik personally participated in five Deer Valley closings with combined closed prices of $24,697,000.
5
First-Half Deer Valley Closings
Completed transactions in five different Deer Valley communities.
$26.4M
Combined Closed Prices
The five transactions totaled $26,382,000 in closed sale prices.
Both Sides
Buyer and Seller Representation
One seller representation and four buyer representations.
Property Mix
The transactions included a seller representation in Royal Oaks and buyer representations in Powder Run, The Oaks at Deer Valley, and Velvaere. Covered a condominium, resale detached homes, land, and a newly built luxury residence.
What That Experience Adds
The firsthand work provides current insights into how buyers evaluate pricing, inspection findings, ski access, HOA documents, new construction details, condition, and long-term ownership across different Deer Valley segments.
Work With Current Deer Valley Market Experience
Speak directly with Derrik about a purchase, sale, valuation, or off-market opportunity in Deer Valley.
What the Midyear 2026 Data Means
Turnkey Properties Receive the Broadest Interest
Buyers continue to pay premiums for residences that are easy to understand and easy to own. Updated interiors, clear ski access, useful storage, dependable parking, strong building services, and well-organized HOA information reduce uncertainty. When two comparable properties compete, the one that requires fewer assumptions usually wins the offer.
Dated Inventory Requires Accurate Remodel Math
Properties that need work can still represent an opportunity. The list price must account for current construction costs, design time, HOA approval requirements, seasonal access, and the delay before an owner can fully use the property. Buyers in this market are running that math, and pricing that ignores it tends to show up later as extended market time.
Cash Does Not Eliminate Due Diligence
Cash represented 37 of the 53 first-half closings. Even without financing, buyers still need to evaluate title, HOA documents, insurance, rental rules, inspection findings, building systems, and future capital projects. Removing the lender removes a timeline, not the underlying questions.
Monthly Price per Square Foot Can Mislead
Deer Valley's monthly mix changes quickly. A few studio condominiums, new luxury residences, or large ski homes can materially shift the average or median. The most useful analysis compares a property with direct competitors rather than the resort-wide number alone.
Resort Investment Broadens Buyer Attention
Ongoing development and the Deer Valley expansion continue to create interest across established neighborhoods and newer product. Buyers should separate resort-wide momentum from the value of a specific building, subdivision, or ownership structure.
What the Market Means for Deer Valley Buyers and Sellers
Guidance for Buyers
- Confirm how the ski access actually works during the season.
- Review HOA dues, reserves, insurance, assessments, and planned capital projects.
- Verify rental rules before relying on any income projection.
- Evaluate remodel cost, timing, and building approval requirements.
- Compare properties within the same neighborhood, building type, condition, and access level.
- Review parking, storage, arrival flow, and property management as part of the ownership experience.
Guidance for Sellers
- Prepare HOA documents, rental information, improvement history, and utility costs before launch.
- Resolve small maintenance items that can make a property feel less cared for.
- Use direct competitive sales rather than broad Deer Valley averages.
- Explain ski access, building services, storage, parking, and owner use clearly.
- Price renovation needs to be realistic so buyers do not add an excessive uncertainty discount.
- Position the property around the ownership experience, not only square footage and bedroom count.
Explore Deer Valley Resort Homes and Condos
Use these pages to compare current listings by property type, location, and ownership style.
Deer Valley Real Estate
View the full Deer Valley market and current MLS listings.
Deer Valley Homes
Explore detached homes throughout Deer Valley Resort.
Deer Valley Condos
Compare condominiums, townhomes, and full-service residences.
Ski-In and Ski-Out Real Estate
View Deer Valley properties offering direct or near-direct ski access.
Upper Deer Valley
Explore homes and condos around the Silver Lake area.
Lower Deer Valley
Compare properties near Snow Park and lower-mountain services.
Empire Pass
View luxury ski residences and Talisker Club-area properties.
Deer Crest
Explore private ski homes and luxury residences near the Jordanelle side.
Deer Valley Expansion Real Estate
Review current opportunities near the resort expansion and Mayflower area.
Deer Valley New Construction
Compare recently delivered and planned luxury developments.
Frequently Asked Questions About the Deer Valley Real Estate Market
What was the median sold price per square foot in Deer Valley in June 2026?
The median sold price per square foot was $1,432 in June 2026, up 31.2% from $1,092 in June 2025. June's limited number of closings means the property mix should be taken into account when interpreting the increase.
How many Deer Valley properties sold during the first half of 2026?
There were 53 MLS closed sales from January 1 through June 30, 2026. One closing had a confidential sold price.
What was the median Deer Valley sold price during the first half of 2026?
Based on 52 sales with disclosed sale prices, the median was $5.05 million. The average was approximately $5.78 million.
Were condos or detached homes more active?
Condos and townhomes were more active by transaction count, with 41 closings. Detached homes recorded 12 closings but had an average disclosed sold price of approximately $10.17 million.
How common were cash purchases?
Cash was reported in 37 of the 53 sales, equal to approximately 69.8% of first-half closings.
What matters most when comparing Deer Valley properties?
The most important factors include exact ski access, location, condition, floor plan, view, parking, storage, HOA costs, reserve strength, rental rules, building services, and the total cost and ease of ownership.
Discuss Your Deer Valley Real Estate Plans
Deer Valley is a collection of distinct neighborhoods, buildings, and ownership structures. A focused analysis can identify the right competitive set, expose hidden ownership costs, and clarify how a property should be positioned.
Call 435.200.5478 or email Carlson@RealEstateInParkCity.com.
Data and Methodology
Report Scope
This report covers MLS closed sales in the Deer Valley Resort market area with sold dates from January 1 through June 30, 2026. The source export contained 55 rows, including two July closings. Those July transactions were excluded from every first-half calculation.
How the Calculations Were Built
Property categories are based on the MLS book section. Condominiums and townhomes are grouped as attached residences for the homes-versus-condos comparison. Price per square foot was calculated using reported total square footage. One first-half closing had a confidential sold price and was excluded from dollar-based calculations.
Data Limitations
Developer sales, private sales, and other off-market transactions may not be included. Market data was supplied by or pulled from the Park City MLS and is deemed reliable but not guaranteed. Buyers and sellers should verify information that is material to their decisions.
Editor's Note: This page was originally published on January 19, 2023, and was most recently updated on July 10, 2026.
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