| Sophisticated Real Estate Services As September arrives, the Wasatch Back begins one of its most beautiful transitions of the year. The excitement of back-to-school season brings a renewed sense of routine, while cooler mornings and changing leaves remind us that fall is just around the corner. It’s a season that invites us to slow down, enjoy the outdoors, and take in everything that makes living in Park City and the surrounding communities so special. The real estate market continues to present opportunities for both buyers and sellers. As the busy summer season gives way to fall, many homeowners take advantage of this time to make a move before winter arrives, while buyers often find new inventory and motivated sellers. Whether you’re considering a primary residence, vacation home, or investment property, understanding current market conditions is key to making informed decisions.
September 11th – 13th Free spectator access is available at the Snow Park base area, with optional lift ticket access available for those who want an up-close view of the race action on the mountain. One of the nation’s premier mountain biking events, the competition serves as the final stop of the Pro Downhill Series and the Official U.S. National Mountain Bike Championship, bringing the sport’s top professional, amateur, youth, and adaptive athletes to Park City. Over three days, spectators can witness elite downhill racing on Deer Valley’s renowned terrain while enjoying the energy and excitement that surrounds one of mountain biking’s most prestigious competitions. The highlight of the weekend will be the Pro Finals on Saturday, September 12, where the country’s fastest riders compete for national titles and an impressive prize Whether you’re a dedicated cycling enthusiast or simply looking for a fun fall outing, the event offers something for everyone. Guests can explore Deer Valley’s scenic bike park, enjoy the crisp mountain air, and experience the vibrant atmosphere that accompanies this world-class sporting event. Free spectator access is available at the Snow Park base area, with optional lift access available for those who want an up-close view of the race action on the mountain. The FOX US Open is another reminder that Park City and Deer Valley are true four-season destinations, offering exceptional outdoor recreation long after the ski season ends. Whether you’re cheering from the sidelines or simply enjoying the spectacular fall scenery, it’s a weekend you won’t want to miss. FEATURED REAL ESTATE ACTIVITY HOW’S THE WASATCH BACK REAL ESTATE MARKET? View single-family home statistics for July compared to the month prior. September’s market update shows strong price growth across the Wasatch Back, even as market pace shifted. Park City Limits (84060) led at a $5,237,500 median sold price, up 42% month-over-month, with price per square foot softening slightly to $1,059 and homes moving much faster at just 26 days on market, down 39%, on 10 closed sales. Snyderville Basin (84098) remained very active with 38 sales flat to last month, a $2,987,500 median up 19% and $799 per square foot up 11.9%, while days on market ticked up 26% to 36 days. In the Jordanelle Area, the median reached $4,325,000 up 13.7% with sold count up 60% to 8 closings, though price per square foot was down 28.2% to $824 and days on market rose to 89. Kamas Valley saw one of the sharpest price moves to $925,000 up 37% with $326 per foot down 14.7%, 8 sales down 20% and a notable jump in time to sell to 74 days. Heber Valley closed at $1,135,000 up 17.6% at $358 per foot up 2.4%, with 28 sales down 31.7% and days on market up to 95. The takeaway: medians are up in every market month-over-month, inventory is moving a bit slower outside of Old Town, and
If you’d like to know how your neighborhood performed or want a customized property value statement, contact me.
Kristen Barber is the Principal Broker of Stein Eriksen Realty Group. Kristen is consistently a top Park City and Deer Valley area Realtor. She strives to provide sophisticated service to buyers and sellers throughout the Park City |
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