Park City, UT Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Park City, UT is $2.27M, down 26.4% year-over-year. Homes sell in an average of 38 days with 216 active listings. The market is currently a buyer's market.
$2.27Mmedian sale price
Is Park City a buyer's or seller's market?
Park City, UT is currently a buyer's market, based on 8.3 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
26
Last 12 weeks
Days on market
38
Average pace
Active listings
216
8.3 months supply
Sale-to-list
96.5%
Below asking
Park City, UT market data
| Metric | Value |
|---|---|
| Median sale price | $2.27M |
| Median list price | $2.90M |
| Year-over-year price change | -26.4% |
| Average days on market | 38 days |
| Active inventory | 216 listings |
| Months of supply | 8.3 months |
| Sale-to-list price ratio | 96.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Park City housing market is currently classified as a buyer's market with a median sale price of $2.27M. Prices have fallen 26.4% compared to last year, with homes spending an average of 38 days on market, indicating 8.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Park City
There are currently 216 homes listed for sale in Park City, Utah. The median listing price is $2.9M.
Active listings
216
Homes on market
Median list price
$2.9M
Avg. days on market
38
Days until sale
New this week
56
Newly listed
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Frequently asked questions
What is the average home price in Park City?
The median home sale price in Park City is $2.27M, down 26.4% from last year.
How long do homes stay on market in Park City?
Homes typically spend 38 days on market before going under contract.
Is Park City a buyer's or seller's market?
With 8.3 months of supply, Park City is currently a buyer's market.
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