2018 PARK CITY MARKET REPORT
February 2017 – January 2018 Compared to February 2016 – January 2017
Single Family Homes
Total Sales for Single Family Homes in Park City last year was 561 which was a 6% increase from the year before. The median sales price was $1,250,000, an 11% increase from the year before. In Park City limits the total sales were 176, a 12% increase from the year before and the median price was $1,900,000, a 12% increase. For Snyderville Basin there was a 3% increase in sales at 385 for Single Family Homes and the median price was 6% increase at $1,026,506.
The number of Closed Sales were slightly down for all of Park City a decrease of 1% at 627 closed sales. The median price was up 5% at $573,710. For Park City Limits there was an increase in sales of 5% at 333 closed sales. The median price was also up 3% at $725,000. For Snyderville Basin condo sales went down 8% with a total of 294 closed sales. However, the median price was up 6% at $493,500 from the year before.
For Vacant Land in all of Park City there was an increase in sales at 8% for a total of 180 closed sales. The median price went down 1% at $491,000. For Park City Limits there was a large increase of 20% in land sales with a total of 24 sold and the median price was $820,000 which was 17% more than the previous year. Snyderville Basin also saw an increase in sales with a total of 156 sold which was 6% more than last year and the median price went down 8% which was $437,500.
For the full report including each area and tables click here.
You can view all of our market reports by visiting our statistics page. Market reports included our Deer Valley report, Canyons and Vacant Land.
Feel free to contact us to further understand the market reports and the meaning of the results including high outliers and recent sales.