Found 28 blog entries tagged as Homes.

Park City Real Estate Market Trends: Updated Report from 2020 to July 2025

Table of Contents

  • Executive Summary
  • Overview of Park City Real Estate Trends
  • Popular Park City Real Estate Searches
  • Park City Real Estate Market Updates
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
  • Own Property in Park City?

Executive Summary

Explore the latest updates in the Park City Market Trend Report, covering January 2023 to July 2025. For data from previous years, access the historical market reports for 2020 through 2024 via the links provided below.

  • Historical Market Report for 2020
  • Historical Market Report for 2021
  • Historical Market Report for 2022
  • …

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Where to Find Homes With Acreage in Park City, Utah

Maybe it's because I grew up in the Rocky Mountains surrounded by wide-open ranges, but I've always had a deep appreciation for large parcels of land. Over the years, we've helped clients buy and sell some of the largest land parcels in the Park City area.

Owning land in Park City means more than square footage—it's the freedom to shape a lifestyle around open skies, mountain trails, and year-round recreation. As Derrik Carlson, Park City Realtor and leader of Derrik & Co., I guide clients to the acreage properties that combine privacy, investment strength, and everyday adventure.

Why Buyers are Searching for Large Land Parcels in Park City, Utah

When buyers search for land for sale in Park…

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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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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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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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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

Guide to Investing in Park City & Deer Valley Real EstateInvesting 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 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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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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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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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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