Real Estate market updates for Park City, Utah.

This Park City, Market Trend Report, has been Updated Since COVID-19.  Dates reflect 1/1/2022 to 3/1/2023.

Park City Market Update & Trends for 2020Key Points: An in-depth recap of The Real Estate Market in Park City, Utah, 2020 through 2023.  On this page, you can get the latest Park City real estate market insights from the Carlson Real Estate Team.  Our market report provides valuable information on trends, prices, and inventory to help you make informed decisions when buying or selling a property in Park City, Utah.  So stay up-to-date with the local market, and contact us to schedule a consultation today.

This page was recently updated on March 6th, 2023; to improve page speed and user experience, we have archived historical sales data in the Historical Market Reports for 2020 and…

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Deer Valley Real Estate Statistics for 2019-2022

KEYPOINTS: A Deer Valley Resort Market Update for Real Estate where we will review the sales data for Deer Valley homes and condos for 2019 through the end of 2022.  This data complements the in-depth Deer Valley Resort Real Estate page, showing every listing for sale from every Deer Valley broker on the Park City MLS.  However, due to the graphs not being mobile-friendly, we have chosen to post the stats on our blog.

A Brief of 2019 through 2022: 2019 felt like a typical year selling Deer Valley real estate.  I was on track for a banner year until the end of the year when buyers started whispering about COVID-19 and how it would change the market.  Towards the end of the year, Deer Valley buyers had…

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Read About the Four Highest-Priced Properties in Park City, Utah.

After eight years, we've decided to update this page. For the most part, luxury homes have come and sold, but we are still here helping guide our clients through the ins and outs of buying luxury real estate in Park City, Utah.

The links at the bottom of this page will take you to view every luxury listing on the Park City MLS. If you are considering buying or selling luxury real estate in the area, please contact us for our professional opinions on pricing, marketing, and where Park City buyers come from.

The Best of the Best of Park City & Deer Valley Ranked by Price

#1.  253 White Pine Canyon Rd in The Colony comes in on top at $42,000,000 - someone believes it is worth every…

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2021 Park City Real Estate Trends (archived)

This information was initially posted on Derrik Carlson's Market Updates for Park City & Deer Valley Real Estate Trends - 2020, 2021, and 2022, which is continually updated with current real estate trends for Park City, Utah. This page has been backdated and archived to improve page speed and performance.

Enjoy the historical real estate information below, as up-to-date information can be found at the link above.  We also have moved the 2020 Market Updates here.

Market Update: Closing for December 2021

Below is a chart that outlines 2019 to 2021 for a review of the Number of New Listings, Pending Properties, and Sold.

When reviewing the Park City real estate market, we can't consider the year the…

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2020 Park City Real Estate Trends (archived)

This information was initially posted on Derrik Carlson's Market Updates for Park City & Deer Valley Real Estate Trends - 2020, 2021, and 2022, which is continually updated with current real estate trends for Park City, Utah. This page has been backdated and archived to improve page speed and performance.

While moving from the original page that is linked above, my mind started racing about everything we've been through for the past several years.  When I started posting about Park City Real Estate Trends and planned on keeping it updated, we were told that one in four people we knew would die from Covid-19.  Not only would I lose a quarter of my loved ones, but I'd also essentially be out of a job and…

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Average Price Per Square Foot Park City, Utah

For the last few years, with the majority of properties sold, the Park City real estate industry has become reliant on using the cost per square foot of a home as a gauge of value.  This tactic soon spread to the public and is now prevalent in property searches. 

This method is highly inaccurate, dangerous, and CANNOT accurately portray the real value of any property for several reasons.  Price per square foot IS accurate and very useful once specific details are known so that we can compare apples to apples.

 

Below we discuss the four ways that unqualified price per square food DOES NOT account for - you decide if these things might matter.

The two homes on the right are similar in size but…

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Park City Realtor MediaLocal Park City Realtor Quoted in Mansion Global

Derrik Carlson was recently quoted in an article by Mansion Global.  

Title of Article: 3 Luxury U.S. Markets With Steady Growth That Still Offer Opportunities at Relative Bargains

“Our inventory is at an eight-year low right now, but that hasn’t seemed to hurt sales to this point,” said Derrik Carlson, an agent with Keller Williams real estate in Park City.  Just last week, we caught up to 2019 sales. I sold most of my listings during Covid, and there were still cash buyers that were making strong offers.” Read the full article here.  

The real estate market in Park City is always evolving.  What was once a booming mining town turned into a small ski town and is once again booming as people…

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