435.901.1417 or 435.565.4598

1st Qtr 2025 Real Estate Market 

Strong Sales  |  Steady Inventory  |  Stable Investment
The latest stats from the Park City MLS were recently released, and they indicate continued stability in our local real estate market here in Park City and the Wasatch Back. Through the 1st Quarter of 2025, we experienced steady sales growth and stable inventory across the overall market area. Following the volatility of the pandemic years, our market appears to have settled into its normal seasonal patterns.

Moving forward, all eyes remain on the national economy as we wait to see how tariffs will affect the real estate market and the broader financial landscape. Interestingly, there is evidence that our housing market is an increasingly attractive investment for those seeking stable alternatives to the recent turmoil of the equity markets. It turns out that Park City is not just a great place to live – it’s also a resilient investment, even in periods of uncertainty.

Read on for more details and analysis of the Q1 2025 numbers. As always, please reach out if you have any questions. Our market is very nuanced, and we are happy to lend our expert guidance.

PRICES & ACTIVITY  |  Primary Market Area

MEDIAN PRICES  |  Greater Park City Single-Family, Condo, and Land 

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The Age of Park City Real Estate

Here’s a reality check… Park City’s housing pool is aging. The majority of our housing is 20+ years old. On top of that, there have been fewer new properties built since 2010 than any decade prior! However, there is an...

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