Park City Real Estate Market Report | Updated for September 2024

Executive Summary:  Explore the latest updates in the Park City Market Trend Report, covering January 2023 to September 2024. For data from previous years, click the links titled "Historical Market Report for 2020, 2021, and 2022" available on this page. This page was last updated on October 10, 2024.

This Park City Market Trend Report has been Consistently Updated Since 2020. 

This Park City Market Trend Report, updated since COVID-19, covers data from January 1, 2020, to October 10, 2024, offering the most comprehensive view of real estate market trends in Park City, Utah, over this period.

Additionally, the report includes "Predictions from Derrik on the 2024 Real Estate Market in Park City, Utah," offering insightful forecasts for the coming…

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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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10 Reasons To Buy New Construction in Park City

Park City, Utah, is one of the country’s most desirable locations for luxury living, combining outdoor adventure with refined elegance. Whether considering a permanent residence or a vacation home, new construction in Park City offers unique advantages. From state-of-the-art energy efficiency to personalized designs, owning a new home means enjoying modern comfort while benefiting from long-term value. Explore why new construction properties in Deer Valley, Park City Mountain Resort (Old Town), and Canyons Village might be the perfect fit for you.

1. Custom Mountain Design

One of the greatest advantages of buying a new construction home is the ability to customize every detail. Whether you envision a modern design or a traditional mountain…

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Park City Home Builder Services for Buyers

Exceptional Real Estate and Construction Services

The Simple Solution for Building in Park City, Utah, has never been easier, thanks to the Park City Home Builder Buyer Services offered by Derrik & Co. By teaming up with a local custom home builder, we provide a seamless and efficient home-building experience tailored to your unique needs and lifestyle.

Seamless Coordination and Problem Solving

Our comprehensive Builder Buyer Program is designed to make the home-building process as simple and organized as possible. By choosing our services, you can access a team vetted for reliability and excellence. Whether you need a Park City general contractor or assistance navigating the complexities of new construction, we are here to help.

Our program…

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Things to Do in Park City, Utah

The Top 17 Things to Do in Park City This Spring

Spring in Park City, Utah, is a season filled with excitement and rejuvenation, offering a perfect blend of winter's last thrill and the warm embrace of the coming months. This guide, curated with an eye for adventure and cultural enrichment, presents the top 17 things to do in Park City this spring, ensuring you capture the essence of this vibrant season.

1. Hit the Ski Slopes: Enjoy extended skiing at resorts like Deer Valley and Park City Mountain, taking advantage of the additional snowfall.
2. Enjoy Après-Ski: Unwind at events like Après at the Airstream in Canyons Village or Brews & Tunes at Deer Valley for a lively end to your ski day.
3. Experience the Nightlife: Explore Park City's vibrant…

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Find Affordable Homes Around Park City Under $1,000,000

Explore Budget-Friendly Real Estate in Park City and Beyond:

Navigating the real estate market in search of affordable homes in the Park City area can be daunting, especially when looking for that perfect balance of price, location, and lifestyle.  That's where this Affordable Home Guide comes into play.  As local Realtors with extensive experience in the local market, we are here to walk you through the diverse neighborhoods and communities where finding your dream home under $1,000,000 is not just a possibility—it's a reality.

Park City, Utah, is renowned for its stunning mountain landscapes, world-class skiing, and vibrant cultural scene.  However, the allure of living in this coveted area doesn't mean you have to compromise on…

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Investment Property in Park City, Utah | The 2024 GuidePark City

Executive Summary - Updated for 2024: 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 School District: Homes for Sale

Your Essential Guide to Selecting the Ideal School in Park City, Utah

Welcome to the forefront of educational opportunities in Park City.  As dedicated local real estate professionals, we recognize the significant influence that residing within the prestigious Park City School District has on your child's academic and personal development.  Set against stunning landscapes and a dynamic community, Park City is celebrated for its outstanding educational framework.

Here, you'll find a comprehensive listing of homes in the Park City School District, providing a unique window into a community where exceptional lifestyles and superior education merge effortlessly.  Dive into this guide to embark on a quest to find the perfect residence in Park City, Utah,…

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Sommet Blanc Deer Valley Prices and Info

By Derrik & Co., Real Estate Agents

This Blog Post Originally written on Dec 11, 2020, and updated on Jan 12, 2024

Use this link to view Sommet Blanc real estate listings and prices.

Prices and Availability

Sommét Blanc development presents an unparalleled opportunity for discerning buyers in the Deer Valley area.  With a range of three-, four-, and five-bedroom condominium residences, this real estate marvel combines luxury living with direct ski access, offering a lifestyle few can match.

Per our latest update, 30 reservation units have successfully transitioned to under-contract status.  However, 19 residences are currently available, featuring Sommét Blanc Deer Valley prices that reflect their exclusive nature:

• Six (6)…

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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 how much a property is worth. But this idea is more like a myth than a fact. It's a bit too simple and misses out on what really makes a house special. It's like judging a painting by size without considering the artist's skills or beauty.

In real estate, things like where the house is, its design, how well it's built, and any high-end features are important in determining a property's value. The issue is these things don't show up in the square footage. Also, what's happening in the housing market.

So, the price per square foot can give the wrong or incomplete idea about a property's…

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