Sophisticated Real Estate Services 

As winter transitions to longer days and bluebird afternoons, spring in the mountains offers a fresh perspective and new opportunity. It’s a season of movement, momentum, and thoughtful planning for the months ahead.

NOTABLE PENDING SALES | LAST 14 DAYS

What do these ski‑area contracts signal for the Park City & Deer Valley markets?

Even in a challenging snow year, buyers are still moving decisively on well‑located, well‑positioned homes. Ski‑area inventory remains limited, and when quality listings hit the market, they’re finding their buyers.

Over the last two weeks, several notable properties in Deer Valley Resort and the Park City Mountain base/ski areas have gone under contract. These are communities where lifestyle, access, and scarcity consistently drive demand.

What does this tell us?

• Lifestyle still leads: Buyers continue to prioritize ski access, amenities, and proximity to resort villages. 

• Quality inventory moves: Homes priced correctly and presented well are still attracting strong interest. 

• Market confidence is steady: Even
with variable snow conditions, long‑term demand for resort‑area real estate remains resilient.

Why are buyers acting now?

• Interest in
securing a home before spring inventory arrives 

• Desire for summer access to hiking, biking, and events 

• Long‑term confidence in Park City’s four‑season lifestyle and limited supply of ski‑area homes

Competition hasn’t disappeared.

If you’re targeting ski‑area neighborhoods, preparation and timing matter.

The best opportunities are often the ones that move quickly.

February saw a median sales price of $4,031,000 across 7 closings, with the average price at $3,777,732. Year‑over‑year, the median is up 45.5% and sales volume is down 0.9%.

Median days on market dropped to 17 days (an 82.3% decline). Price per square foot was $956, up 7.8%. Inventory is expanding, with 24 new listings and 80 active homes, a 14.3% increase from last year, good news for buyers.

Month-over-Month: February 2026 Compared to January 2026

Median sales price moved up 10.7% in February
compared to last month and closed sales increased by 75%. Active inventory went up by 3.9%, while median days on market was down 60%. Median sold price per square foot shifted slightly down 3.6%, and new listings increased by 41.2%.

Within Park City, 14 units sold at a median price of $2,637,500 and an average price of $4,248,214. Year‑over‑year, sales volume was down 39.1%, while the median price was down 26.8% and the average up 26.7%.

The median days on market stretched to 36 (a 407.1% increase), suggesting buyers are taking more time. The median sold price per square foot was $1,280, down 16.8% year‑over‑year.

Inventory saw 28 new listings which brought active condo supply to 122 units, a 35.6% increase from last year.

Month-over-Month: February 2026 Compared to January 2026

Median sales price rose 31.9% in February compared to last month, while closed sales dropped 6.7%. Active inventory went up by 6.1%, and median days on market was down by 75.7%. New listings decreased by 15.2%, and median sold price per square foot went up 3.1%.

If you’d like to know how your neighborhood performed or want a customized property report, contact Kristen Barber.

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