February 2025 Park City Area UpdateFebruary in Park City means peak ski season and a real estate market that stays just as dynamic. With strong demand for luxury homes and investment properties, now is a prime time to explore opportunities. Stay tuned for the latest market insights and community highlights. KPCW Winter Pledge Drive
From March 3th – 6th, local nonprofits and businesses take over the mic to rally support for our community radio station. Tune in, hear familiar voices, and join us in giving back to local journalism. Mark your calendars and tune in to help me raise funds for KPCW and help the non-profit of the hour "Summit Pride" earn airtime spots to share their events and mission with the KPCW listeners community. I will be on air with Summit Pride
HOW’S THE PARK CITY REAL ESTATE MARKET? The Park City real estate market continued to experience steady growth during the fourth quarter of 2024. In the primary market, which included Summit and Wasatch counties, single family sales volume increased 17% year over year as the median sales price grew at a respectable 2% across the region. Condominium sales were also strong as 21% more sales units were reported while the median price dipped slightly (3%) to $1.1 million. The inventory of The total sales volume for single-family homes in Summit and Wasatch counties for the full year ending 12/31/24 was up 19% from the same period a year earlier. Prices rose at a modest rate with the median home sale price in the PCMLS primary market area increased 1.5% to $1.65 million for the year 2024. View January 2025 Year-over-Year Statistics for Single Family Homes and Condo-Townhouses Single Family Homes in Park City The median sales price for January was $3,362,500 with 32 units sold. The Median Days on Market was 116 days and the Median Sold Price per Sq. Ft. was $941. There were 51 new listings with 208 currently active listings on the market. 
Condo/Townhomes in Park City The median sales price for January was $1,500,000 with 33 units sold. The Median Days on Market was 25 days and the Median Sold Price per Sq. Ft. was $1,100. There were 70 new listings with 178 currently active listings on the market. 
Contact Kristen Barber 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. High West Exclusive Release: 
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72 Vantage Court, Park City
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