Derrik Carlson's Market Updates for Park City & Deer Valley Real Estate Trends - 2020

This Park City market trend report has been continually updated throughout COVID-19.  Dates reflect 12/31/2019 to 8/1/2020.

Key points: Updated 8/1/2020

• Park City real estate listings pulled back during the deepest depths of COVID.  By May 2020 the real estate market was functioning very similar to 2019.  Over the past few weeks, the market has been moving very quickly in all price ranges.  
• New listings have been slow to come on the market and are down 9.5% since last year.
• Pended listings, also known as under contract or in escrow, are up nearly 15% in 2020.
• 2020 sales are down 11% in totality but with pended listings being strong we expect that to

The Top Neighborhoods of Park City, Utah

This article will discuss the best places to live in Park City, Utah.

Right now you are at home or in the office, wherever that may be, and you're considering moving to a small town in the United States for a better quality of life but you're not willing to give up all the amenities that a big city has to offer and possibly need to be near a reliable international airport. In my opinion, Park City Utah is the best small town in America!

As many Park City residents did before moving to the Wasatch mountains you're thinking about the cost of living, public schools, and the distance to recreational activities such as ski resorts, golf courses, hiking, and biking trails. I've written this quick guide of

Stats for July 2019 vs. July 2018 & YTD | Park City Homes & Condos

Source Park City Multiple Listing Service 8/3/2019

Click Here to Check out Park City Current Park City Market Report for COVID & 2020!

Above is a Park City real estate statistics graph of July 2019 vs 2018. 

What does the July 2019 vs July

Midway, Utah's real estate market continues to see significant increases in the median sales price with lower average days on the market.

Median Sold Home prices over the past 3 years for Q1: 

2017:  $462,000   Days on the Market 106

2018:  $530,000  Days on the Market 48

2019:  $770,000  Days on the Market 58

Curious what your home is worth in today's market? 

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Search Old Town Park City, Utah Real Estate for Sale

Statistics include every home, condo, or piece of land listed for sale in Old Town on the MLS:

• AVERAGE PRICE OF OLD TOWN PROPERTY: $1,745,092
  TOTAL LISTINGS (Homes, Condos, Land): 199
  AVG. DAYS ON MARKET: 135
  AVG. PRICE/SQFT: $847
  HIGHEST PRICE: $8,750,000
  LOWEST PRICE: $300,000
  AVG. PROPERTY AGE: 29 YEARS (Excluding Land)
  * Current as of 2/20/19 at 4:45 PM. 

Old Town Park City, Utah Real Estate

Old Town real estate provides homes and condos for sale and a handful of neighborhoods offer ski-in-ski-out access to Park City Mountain Resort. The entire area is a short walk to the best snow on Earth and an exciting place to live year-round. Whether you’re looking for luxurious new

Park City Real Estate for Sale

Basic Statistics of Park City Real Estate:(active listings)
Vacant Land: 28% | Condominium 41% | Single-Family Homes 31%

Park City Real Estate Statistics include every home, condo, or piece of land listed for sale in Park City on the Park City MLS:

- AVERAGE PRICE OF PARK CITY PROPERTY: $1,976,248
- TOTAL NUMBER OF LISTINGS (HOMES, CONDOS, AND LAND): 1,202
- AVG. DAYS ON MARKET: 201
- AVG. PRICE/SQFT: $681
- HIGHEST PRICE: $17,900,000
- LOWEST PRICE: $67,000 (FRACTIONAL)
- AVG. PROPERTY AGE: 17 YEARS (EXCLUDING LAND)

www.RealEstateInParkCity.com provides all local real estate listings from all the local real estate brokers. Derrik Carlson is a Park City Realtor who sales homes, condos, and land in Park City and along

In this article, I will review the pie charts above that illustrate Park City home and condo sales for 2018. I will also be providing some insight into what we are seeing in the local real estate market for January and early February 2019. The charts are broken down by Park City single-family homes and condos, by communities and price range. The communities with areas 1-9 include Old Town 01, Thaynes Canyon 02, Lower Deer Valley Resort 03, Deer Crest 04, Upper Deer Valley Resort 05, Empire Pass 06, Aerie 07, Prospector 08, and Park Meadows 09. Areas 10-27 include Canyons Village 10, Sun Peak / Bear Hollow 11, Silver Springs Area 12, Old Ranch Road 13, Kimball 14, Pinebrook 15, Summit Park 16, Jeremy Ranch 17, Glenwild 18, Silver Creek Estates 19,