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 9/12/2023.

This Park City Market Trend Report, updatedPark City Market Update & Trends for 2020 since COVID-19, covers data from January 1, 2022, to September 12, 2023, offering a comprehensive view of real estate market trends in Park City, Utah, over this period.

Here, you'll find the latest insights from the Carlson Real Estate Team curated to equip you with valuable information on market trends, pricing, and inventory.  Whether you're considering buying or selling property in Park City, this report serves as your essential guide to making well-informed decisions.

What sets the Derrik Carlson Market Report apart is its laser focus on Park City real estate.  While many other reports include…

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Deer Valley Real Estate Statistics for 2019-2023

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, we have chosen to post the stats on our blog because the graphs are not mobile-friendly.

Deer Valley Resort Market Trends: Mid-2023 Update

Welcome to our mid-2023 update on the Deer Valley Resort real estate market!  As experienced real estate agents with the Carlson Real Estate Team, boasting two decades of sales writing expertise and ten years of SEO knowledge, we are…

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Is Buying an Investment Condo in Park City, Utah, a Smart Choice?

Are you considering investing in a condo in the ski town of Park City and thinking, "Should I Buy a Condo in Park City, Utah?"  Park City is an attractive destination for real estate investors with its world-class ski resorts, stunning natural surroundings, and bustling tourism industry.  However, before taking the plunge, it's important to consider the pros and cons of investing in a ski condo.  In this article, we'll explore the factors you should consider when deciding whether a Park City ski condo is a smart investment choice.  Read on to learn more.

This article relates to our blog: A Guide to Investing in Park City & Deer Valley Real Estate.

Why Park City?

Park City condos…

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When to Buy a Condo in Park City, Utah

When to buy a condo in Park City & Deer ValleyKey Points:  This article discusses the best time of year to buy a condominium in the Deer Valley Resort Area and Park City, Utah.  Below, we show historical graphs and data to help illustrate the prime times to buy condos in Park City.  This report was last updated in September 2023.

I help buyers from all over the world buy condos in Park City, Utah, and they often ask me, "When is the best time to buy?" Typically, my answer is, "When you find the right property - that's when it is the best time to buy real estate in Park City." 

We have a unique market where the inventory can come in waves.  There are times when there will be three or four condos for sale in a particular subdivision, but within a month or…

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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 most 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 to 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.

Do you think these two properties should use price per square foot to be valued…

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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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