Housing Prices in Park City, UT
How much do homes in Park City, UT cost?
Median List Price
$2,550,000
$936/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Park City has decreased by 48.5% since last year.
Summary: The median home list price in Park City was $2,550,000 in March 2024, down 48.5% from the previous year, and the median price per square foot was $936.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $949K | $660K | -30.5% |
| 2 Bedrooms | $2.6M | $1.0M | -60.5% |
| 3 Bedrooms | $3.7M | $2.0M | -45.3% |
| 4 Bedrooms | $4.9M | $3.3M | -31.6% |
| 5+ Bedrooms | $7.5M | $5.9M | -21.3% |
Summary: Park City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.5%, 2 bedroom homes decreased by 60.5%, 3 bedroom homes decreased by 45.3%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes decreased by 21.3%.
Median List Price Compared To Nearby Cities
| Park City | $4.9M | $2.5M | -48.5% |
| North Wasatch | $4.6M | $1.3M | -71.2% |
Housing Supply in Park City, UT
How many homes are available in Park City, UT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 306 | 370 | +20.9% |
Summary: The Park City real estate market had 370 homes for sale in March 2024, a 20.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 25 | +19.0% |
| 2 Bedrooms | 51 | 71 | +39.2% |
| 3 Bedrooms | 71 | 82 | +15.5% |
| 4 Bedrooms | 66 | 79 | +19.7% |
| 5+ Bedrooms | 97 | 113 | +16.5% |
Summary: The Park City housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 39.2%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 16.5%.
Days on Market for Park City, UT
How long does it take to sell a home in Park City, UT?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 137 Days | 126 Days | -8.2% |
Summary: Homes in Park City had an average listing age of 126 days in Mar 2024, down by 8.2% compared to the previous year.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.