Found 3 blog entries tagged as trends.

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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Executive Summary of Promontory Real Estate Market Update for 2025

Promontory in Park City, UT, remains one of the most consistent luxury communities in the state because it combines privacy, amenities, and a year-round lifestyle that holds up in real ownership. For this 2025 update, I reviewed only homes that are 4+ bedrooms and 3,500+ square feet. That removes much of the smaller product and gives a cleaner read on the homes most buyers compare when they are serious about Promontory.

In 2025, this market segment showed steady demand, with buyers remaining selective. Condition, layout, and location inside the community mattered more than ever. Newer builds and well-updated homes continued to command a premium, and properly priced properties were…

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Park City Real Estate Trends and Market Update for 2022 (Historical Data)

Let's dig into the market trends for 2022.  First, we will review what a typical buyer considers a Park City property and Snyderville Basin.  Homes currently for sale in these areas of Park City can be found on our Park City Neighborhoods page.  For a general discussion, we could begin to feel the market slow as interest rates increased.  Buyers were pulling back, and sellers receiving up to ten offers were only receiving one or two.

The statistics below won't show the full story of the real estate market in Park City.  Until the fall, inventory was significantly depleted, and well-priced homes sold well throughout the year.  By year's end, we could find properties for…

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