October 2024 Park City Area Update

October 2024 Park City Area Update

HOW’S THE PARK CITY REAL ESTATE MARKET?

View September 2024 Statistics for Single Family Homes/Condo-Townhouse

Single Family Homes in Park City (84060)

The Median Sales Price for single-family homes in Park City proper in September was $2,850,000, with 12 units sold. The Median Sales Price was 11.3% lower compared to August, and the number of closings decreased by 7.7%. The Median Days on Market was up 131.6% at 88 day, and the Median Sold Price per Square Foot was $739 (down 39.9%).

There were 13 new single-family home listings in Park City proper, with 70 active listings currently on the market. This number of new listings was up 8.3%, increasing active inventory by 9.4% over the previous month. 

Condos/Townhomes in Park City (84060)

The Median Sales Price for condos in Park City proper in September was $1,472,000 (up 57.3%) with 22 units sold. That is a 4.3% decrease in the quantity of closings compared to the previous month. The Median Days on Market was 24 days, and the Median Sold Price Per Sq. Ft. was $1,014 (up 6.6%). The Days on Market to sale was up 23.7%, and the number of new listings was down 17.3% compared to August. There were 19 new listings, with 67 currently active listings on the market.

Contact me to receive the updates on new listings for condos or homes for sale in your area of interest. Or to receive details on the latest closings.

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