FEBRUARY 2026 PARK CITY AREA UPDATE

A February snapshot of Park City’s luxury market and what’s ahead for 2026.

NEW CONSTRUCTION UPDATES IN PARK CITY & DEER VALLEY

Cormont Tower Two, Founders Place, Four Seasons Resort & Private Residences Deer Valley, The Havens at Deer Crest, Elevation at Canyons Village. 

Purchasing pre‑construction offers meaningful advantages for buyers seeking value, design innovation, and long‑term upside. If you’re considering an investment, pre‑construction is often the most strategic entry point.

View the latest updates on these opportunities:

January saw a median sales price of $3,641,750 across 4 closings, with the average price at $3,351,375. Year‑over‑year, the median is down 22.5% and sales volume is down 63.6%.

Median days on market dropped to 43 days (a 63% decline). Price per square foot was $992, down 18.7%. Inventory is expanding, with 17 new listings and 75 active homes, an 11.9% increase from last year, good news for buyers.

Month-over-Month: January 2026 Compared to December 2025

Median sales price rose 7.1%
in January compared to last month, while closed sales dropped 73.3%. Active inventory held steady 1.4%, and median days on market was down by 29.1%. New listings increased by 41.7%, and median sold price per square foot went up 2.3%.

Within Park City, 15 units sold at a median price of $2M and an average price of $2,640,418. Year‑over‑year, sales volume was down 28.6%, while the median price was down 20.4% and the average down 28.1%.

The median days on market stretched to 146 (a 981.5% increase), suggesting buyers are taking more time. The median sold price per square foot was $1,241, down 18.4% year‑over‑year.

Inventory saw 33 new listings which brought active condo supply to 111 units, a 46.1% increase from last year.

Month-over-Month: January 2026 Compared to December 2025

Median sales price moved down 13.0% in January compared to last month and closed sales decreased by 34.8%. Active inventory held at 0.9%, while median days on market was down 42.4%. Median sold price per square foot shifted slightly down 5.6%, and new listings decreased by 17.5%.

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

PARK CITY EVENTS

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