Park City Real Estate News & Resources - Market Update

Information About Building a Home in Park City, Ut

Building in Park City, Utah: Real Estate Information, Newly-Built Homes, and Lots for Sale

Building a home in Park City, Utah, can be daunting, but it can also be a rewarding experience with the right information and resources. As your trusted Park City Realtor, the Carlson Real Estate Team is here to provide the guidance you need to make informed decisions and turn your dream of owning a home in Park City into a reality.

The costs involved are among the first things to consider when building a home in Park City. It is essential to have a realistic budget and collaborate with a reputable builder who can assist you in staying within that budget. REALTORS® at RealEstateInParkCity.com have years of experience working with builders, architects, and…

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Snow Park Base Deer Valley Information

A Major Investment in Deer Valley's Future | Snow Park Base Deer Valley

The Snow Park Base Area in Park City, Utah, is slated for one of the most significant transformations in Deer Valley Resort's history. Backed by Alterra Mountain Company, this redevelopment will transform the way locals and visitors experience the base village, introducing state-of-the-art infrastructure, commercial spaces, luxury amenities, and enhanced access to skiing and public transportation.

Snow Park Base Transformation Overview

The Snow Park Base Area is undergoing a visionary update that will reshape Lower Deer Valley into a year-round destination, not just for skiers, but for dining, shopping, and resort living. This transformation enhances both the guest experience…

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Park City Real Estate Market Report by Derrik Carlson

This Park City Market Trend Report has been Consistently Updated Since 2020 to June 2025

Executive Summary: Explore the latest updates in the Park City Market Trend Report, covering January 2023 to June 2025. For data from previous years, click the links titled "Historical Market Report for 2020, 2021, 2022, and 2023," which are available and conveniently linked on this page.

This Park City Market Trend Report, updated since the COVID-19 pandemic, covers data from over five years, offering the most comprehensive view of real estate market trends in Park City, Utah, for this period.

Additionally, the report includes "Predictions from Derrik on the 2025 Real Estate Market in Park City, Utah," offering insightful forecasts for the coming…

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Park City Real Estate Values Decling?

Over the past few years, questions about property values in Park City have sparked much conversation. With a focus on Park City Real Estate, many prospective buyers and sellers wonder if prices are on a downward trend. This detailed review analyzes 125 recent sales and highlights specific examples to clarify the market's current state. Although our sample does not include quick resales on ultra-luxury homes, the examples examined here strongly indicate how homes and condos perform regarding values going up or down.

Background and Data Overview

This analysis centers on transactions from late 2023 through early 2025. Our approach was to review instances where properties were resold within a relatively short period. This method gives insight into the…

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2024 Promontory Real Estate Trends

Executive Summary of Promontory Real Estate Market Update for 2024

Promontory in Park City, UT, offers a luxurious, secure, and resort-style living environment that appeals to both primary and vacation home buyers. In 2024, the market features a diverse range of properties—from entry-level villas priced between $2 million and $3 million to opulent estates exceeding $14 million. Buyers are attracted by modern finishes, smart home technology, and energy-efficient designs, with newer constructions often commanding premium prices.

The community is divided into distinct subdivisions, such as The Summit, Aspen Camp, and Deer Crossing, each offering unique architectural styles and amenities. Residents enjoy secure, gated access, high-end clubs with…

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Park City Investment Property Analysis

Is Paying Cash for a Park City Property a Smart Investment?

By Derrik Carlson | Park City Realtor | 11/25/2024

Imagine owning a condo in Park City, Utah—a premier destination for vacationers and investors. With world-class skiing, a lively Main Street, and year-round recreational opportunities, it's no wonder Park City real estate is highly sought after. This article will discuss a real-life example of whether paying cash for a $950,000 Old Town property is a smart investment, factoring in rental income, expenses, and long-term appreciation potential. Contact Your Park City Realtor to explore investment opportunities.

The Numbers: An Example Scenario

This scenario reflects current market conditions as of 11/25/2024.

• Purchase Price:…

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Park City Buyer Agreement: What You Need to Know

The New Buyer-Broker Agreement in America & Specifically Park City

The real estate landscape in America has changed. As of August 17, 2024, new guidelines require prospective buyers to sign a written buyer agreement before viewing properties. It's been a month since these changes were implemented, and I wanted to take some time to observe how they've affected real-world transactions before discussing them. While the intent is to create more structure and transparency, it has added complexity and friction that agents, including myself, didn't necessarily expect - however, it's mostly changed the timing of when paperwork is presented and expanded our strategy of moving forward in a transaction.

For example, last week, a past client wanted to…

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4 Most Expensive Properties in Park City | Updated 2024

The Most Expensive Homes in Park City, Utah

Park City's ultra-luxury real estate market continues to evolve, offering exclusive opportunities for those seeking world-class homes in one of the most desirable areas in the country. Whether you are searching for a ski-in-ski-out retreat, a modern estate with cutting-edge amenities, or a historic property with timeless charm, Park City delivers unparalleled luxury. Below, we explore the highest-priced properties currently available, highlighting their extraordinary features and the unique lifestyles they offer.

In addition to showcasing these exceptional homes, this guide provides insight into the importance of partnering with an experienced Park City Realtor specializing in luxury real estate. With…

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When is the best time of year to buy a condo in Park City, Utah?

The Best Time of Year to Buy a Condo in Park City, Utah: 2000-2024 Condo Sales Analysis

1. Executive Summary

Over the past two decades, condo sales in Park City have shown distinct trends based on seasons and months. While many buyers might assume that winter (during ski season) would be the best time to buy due to Park City’s reputation as a winter sports hub, the data suggests otherwise. Our analysis shows that February, March, and August have the lowest sales volume, providing the best opportunities for buyers to find favorable prices with reduced competition.

In contrast, June and December are peak sales months, meaning there’s more competition, and prices tend to be higher.

This blog post details these trends, helping potential buyers…

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Your Park City MLS Guide: Find the Perfect Property Fast

A Guide to Searching Park City MLS Listings

This guide simplifies searching for property using the Park City MLS Search for listings to find condos, single-family homes, or luxury properties while exploring market trends and Park City neighborhoods.

MLS listings provide comprehensive property details, professional descriptions, high-quality images, and up-to-date pricing, ensuring an informed decision-making process. Whether you're a buyer, seller, or real estate agent, utilizing MLS listings can significantly enhance your experience by offering access to extensive and accurate property information.

Understanding Local MLS Listings

Let's help you find a Park City property by explaining the Park City MLS.

What are MLS Listings?

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