The Park City Real Estate Report - Park City New Construction Blog

Park City Real Estate Market Report: Mid-Year 2026

2026 Mid-Year Report | July 2026 Edition

Park City Closed $1.326B+ Across 410 Residential Transactions in the First Half of 2026

Single-family homes carried the largest dollar volume, while condos and townhomes remained active but more price-sensitive. Fourteen closings above $10 million cleared in the first half of 2026. Data covers Park City Limits and the Snyderville Basin only.

First-Half Volume

$1.326B+

410 transactions

Single-Family Median

$3,160,000

209 closings

Condo Median

$1,300,000

201 closings

$10M+ Closings

14

$236,760,000 combined

About this report. Prepared by Derrik Carlson, Resort Real Estate Advisor and team lead of REAL ESTATE IN PARK CITY, Luxury…

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Park City Luxury Real Estate Trends vs. Previous Years

The clearest measure of how the greater Park City luxury market has changed is the gap between two numbers. Median sale price held near $6.5 million from 2020 through 2025, while median price per square foot rose from $847 to $1,343, a 58% climb. The market did not move much at the headline median price level. It became more valuable per square foot, which is why a property that looks comparable to a 2021 sale on price often is not comparable at all.

The figures below come from 979 closed transactions at $4.5 million and above across the greater Park City area, also called the Wasatch Back, covering Summit County and Wasatch County. That footprint spans the Deer Valley corridor, ski-in/ski-out neighborhoods, The Colony at White Pine Canyon, and the…

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Park City Home Builder Services: A Buyer's Process Guide

Building a custom home in Park City is one of the most consequential real estate decisions a buyer can make in this market. The variables, including lot selection, builder vetting, financing structure, HOA design review, county permitting, and construction oversight, all compound over a 14 to 24-month build cycle. This article walks through how the process actually works, what most buyers underestimate, and where the real risks live.

For the structured buyer-side service Derrik & Co. offers, see the Park City Home Builder Services for Buyers page. This article covers the broader process for buyers who are still researching whether custom building is the right move.

Why Custom Building in Park City Is Different

Park City sits at altitude.…

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Park City Real Estate 2026: What's Actually Different Now

Park City real estate is still active, but it is more selective than it was a few years ago.

That is the simplest way to describe the current market. Good properties are still selling. Well-located homes, newer construction, ski-access properties, and quality real estate in the right neighborhoods continue to draw attention. Buyers are asking better questions, sellers are facing more price sensitivity, and the details matter more than they did during the peak market years.

This post is about how to think about that shift, not the numbers behind it. For closed-transaction data, monthly figures, ultra-luxury closings, and neighborhood-level performance, the Park City real estate market report tracks all of it. What follows here is the advisory layer:…

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What Does $5M, $10M, or $15M Buy You in Park City Right Now? (2026)

About this article: Pricing, neighborhoods, and property descriptions in this article are based on active MLS listings and closed transaction data from the Park City Board of Realtors, current as of March 2026. Written by Derrik Carlson, Resort Real Estate Advisor with nearly 20 years of experience in Park City and Deer Valley real estate. Last updated March 2026.

The Short Answer: It Depends on Where You Spend It

Park City real estate ranges from approximately $350,000 for a studio condo to over $60 million for a ski-in/ski-out estate. The median single-family home price trends above $2.5 million. At first glance, those numbers suggest a market where $5 million buys something impressive. It can. But the specific neighborhood, property type, ski…

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New Construction in Park City and Deer Valley: What's Being Built, Where, and What It Costs (2026)

About this article: This analysis draws from 189 active MLS new construction listings across Park City and Deer Valley, current as of March 2026. Market data, pricing tiers, and development details are sourced directly from the Park City MLS. Written by Derrik Carlson, Resort Real Estate Advisor with nearly 20 years of experience in Park City and Deer Valley real estate. Last updated March 2026.

What New Construction Looks Like in Park City Right Now

There are 189 active new construction listings across Park City and Deer Valley as of March 2026. That number is higher than most buyers expect, and the range is wider than what gets discussed in casual conversation. Prices start at $339,000 for a studio condo near Canyons Village and reach…

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Why The Colony at White Pine Canyon Commands the Prices It Does

By Derrik Carlson | REAL ESTATE IN PARK CITY | March 9, 2026
Last updated: March 9, 2026

Key Takeaways

• The Colony at White Pine Canyon recorded 10 transactions in 2025 totaling $178.7 million, with an average sale price of $17.9 million. That represents a 150% increase in transaction volume year over year.
• Pricing is driven by five factors that compound together: gated privacy with estate-scale acreage, direct ski-in/ski-out access to Park City Mountain Resort, finite supply in a nearly built-out community, architectural governance that protects long-term value, and proximity to both Canyons Village and Salt Lake City International Airport.
• Current active listings range from approximately $14.5 million to $30.5 million, with…

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Cost to Build a Home in Park City, Utah (2026) | REAL ESTATE IN PARK CITY

The complete guide to construction costs, all-in budgeting, timelines, area-specific building realities, and what most articles leave out. Updated March 2026.

Park City Construction Costs at a Glance

Per-square-foot pricing, excluding land and landscaping

These numbers are construction costs only. Keep reading for the full…

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Park City Investment Properties (2026) | Short-Term Rentals & Long-Term Value

Table of Contents

• Executive Summary
• Learn About Investing in Park City, Utah, Real Estate
• What’s Changed in Park City Real Estate for 2026
• View Current Park City Investment Properties
• The Best Areas in Park City for Investment Properties
• Long-Term vs. Short-Term Rentals in Park City, Utah
• Finding Short-Term Rentals for Sale in Park City, Utah: A Simple Solution
• Park City Investment Realtors
• Do Park City Investment Properties Cash Flow?
• Who Park City Investment Properties Are, and Aren’t, For
• Non-Traditional Ways to Invest in Park City Real Estate
• The Different Types of Investment and Rental Properties in Deer Valley and Park City, UT
• Management Companies for Your Park City Investment Property
• …

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The Role of a Buyer’s Agent in Park City Real Estate

Your Guide to Navigating Park City Real Estate with a Buyer’s Agent

Hello, I'm Derrik Carlson, the team leader for REAL ESTATE IN PARK CITY. As a dedicated Park City Realtor and Deer Valley Realtor, we guide buyers through the dynamic world of Park City, Utah, real estate. Park City stands as a prime destination where the allure of mountain living combines with upscale opportunities, attracting individuals who appreciate a balance of relaxation and outdoor pursuits.

In this mountain town, properties range from elegant condos to spacious homes, each offering access to world-renowned resorts and natural landscapes. A buyer's agent acts as your dedicated advocate, helping you navigate this competitive market with confidence and achieve outcomes that…

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