Park City Real Estate News & Resources - Condos

Park City Real Estate Market Report

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

Executive Summary: Explore the latest updates in the Park City Market Trend Report, covering January 2023 to April 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 COVID-19, 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 year.

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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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Mastering Park City Luxury: 9 Insider Tips for Smart Homebuyers

A Guide to Purchasing Luxury Real Estate in Park City

Buying a luxury property is a significant investment that requires careful consideration and planning. Whether you’re a seasoned real estate investor or a first-time luxury homebuyer, being well-informed is essential to making smart decisions.

This guide provides Nine Important Tips to consider when buying luxury properties in Park City, Utah. From leveraging online tools and working with local professionals to understanding market trends and planning for future developments, these tips will help you navigate the competitive luxury real estate market and secure a wise investment. Let’s dive in!

#1: Understand "The Luxury Real Estate Search"

Technology and the internet have revolutionized…

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Investment Property in Park City, Utah | The 2025 GuidePark City

Executive Summary - Updated for 2025: Explore Park City, Utah's real estate investment opportunities, from short-term rentals near top ski resorts to unique options.  Discover strategies, considerations, and insights for successful property investments in this vibrant market.

Learn About Investing in Park City, Utah, Real Estate

Investing in Park City, UT, real estate is one of the oldest and most popular asset classes for the wealthy and wise.  Most new investors in Park City have multiple properties in different areas of the United States or the world and rent them short-term for light personal use.  It is common for investors and developers in other areas of the United States to purchase properties in Park City.

Below, we will discuss the…

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Park City Real Estate Market Report 2023

Park City Real Estate Trends: A Detailed Analysis of 2023 (Historical)

Executive Summary: In 2023, Park City’s real estate market is making headlines—luxury homes are soaring to new heights while condos are selling almost overnight. Discover how rising prices, a discerning buyer pool, and limited inventory are shaping one of the nation’s most coveted mountain destinations. Stay tuned for insights into a market where every deal tells a story of high-end opportunity and lifestyle excellence.

In the picturesque landscape of Park City, Utah, the real estate market has shown both resilience and variability throughout 2023, navigating through a complex terrain of economic factors and consumer preferences. This analysis delves into the latest trends,…

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The Per Square Foot Pricing Myth in Park City, UT

Why Not All Square Footage is Created Equal in Park City, Utah

In Park City, some home buyers and sellers believe price per square foot is the best way to determine a property's worth. But this idea is more of a myth than a fact. It's a bit too simple and misses out on what makes a house special. It's like judging a painting by size without considering the artist's skills or beauty.

In real estate, location, design, construction quality, and high-end features are important in determining a property's value. However, these factors aren’t captured by square footage alone. Also, consider what’s happening in the housing market.

Thus, the price per square foot can give an incomplete picture of a property's true value. To accurately assess a…

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The History of Luxury Real Estate in Park City

A Look Back at the Rise of Ski Town Living & the Future of Park City Luxury Real Estate

This article relates to Luxury Real Estate in Park City, Utah.

Park City, Utah, has been a destination for outdoor enthusiasts seeking world-class skiing, hiking, and mountain biking for over a century. But as the town has grown, so has its luxury real estate market, with some of the world's most exclusive homes and condominiums now calling Park City home. In this article, we'll look at the history of luxury real estate in Park City and how it has evolved over the years.

Early Days

Park City was founded in the late 1800s as a mining town, with silver and lead being the primary resources. The town thrived during the mining boom in the Old Town area, but by…

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5 Ways to Value Investment Properties in Park City, Utah

How to Value Investment Properties in Deer Valley & Park City, Utah

The page provides five ways to value Park City, Utah, investment properties.  The five methods are the Income Value from Rents, Appraised Value of Investment Property, Insurance Value of a Property, Tax-Assessed Value, and Speculation of The Market.  We will explain how each method works and the advantages and disadvantages of using each method.

The page also notes that the best method for valuing a property may depend on the specific property and the purpose of the valuation.  The information is useful for real estate investors and anyone interested in buying or selling investment properties in Park City, Utah.  If you want to learn more about the top investment properties in Park…

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New Construction Condos Park City Utah

New Construction Condos in Deer Valley and Park City, Utah.

Easily find new developments and construction condos in the mountain town of Park City, Utah.  We also provide a page showing every new build, including homes.

Most developments have been sold out, but there may be resales, and this is an easy way to familiarise yourself with the development of the properties that come for sale in the future.  We also can reach out to past clients and current owners to see if they would be interested in selling you a property in an off-market purchase.

Whether searching for a luxury ski-in-ski-out condo or a studio near Old Town, this page will lead you to your perfect Park City property.  If you are searching on our site for a condo that needs work, I…

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The Park City Home Buying Guide:

Understanding The Real Estate Market of Park City, Utah

Our goal with every client is to provide unsurpassed service and knowledge when buying and selling real estate in Park City and Deer Valley.

As we work together throughout buying your new property in Park City or Deer Valley, we believe it is essential to make the home-buying process as fun, convenient, and efficient as possible.  Welcome to the crash course of buying Park City Real Estate. 

How Much do Homes Cost in Park City, Ut?

The entry-level price point for Park City single-family homes starts at around $1,000,000 and can surpass the $40,000,000 price point.  Studio condos may be in the $250,000 price range, while large luxury condos may exceed $10,000,000.  When searching for homes…

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