Park City, UT
Housing market overview · Updated weekly
$2.27Mmedian sale price
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
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
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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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