Fourth Quarter 2025 Market Stats

🏔️ Park City Market Update: Why 2025 Was One for the Record Books

If you felt like Park City was buzzing last year, you weren’t imagining things. The final numbers for 2025 are in, and they tell the story of a truly remarkable year.

We didn’t just have a “good” year—we saw the second-highest sales volume in our history, with a total of $5.75 billionin real estate traded across single-family homes and condos.

What does this mean for you? Whether you own a home here or are looking to buy, here is the friendly breakdown of what is happening in our market right now.

1. The “New Normal” is Strong

After the rollercoaster of the pandemic years, the market has officially settled into a stable, healthy rhythm. But “stable” doesn’t mean “slow.”

Prices are Up: Median prices for homes and condos jumped approximately 29% last year, significantly outpacing the national average.

Volume is High: Single-family home sales volume rose 26% and condo volume was up 20%

2. Who is Buying? (It’s Not Who You Think)

The stereotype of the “vacation home buyer” is changing. We are seeing a major shift toward younger buyers and families moving here full-time rather than just buying weekend getaways.

• The “New” Factor: Buyers are willing to pay a premium for new construction. In areas like Jordanelle, new builds accounted for 60% of all sales. People want “move-in ready” with contemporary design.

3. Neighborhood Highlights

The market isn’t the same everywhere; it varies a lot by neighborhood and price point.

Park City Proper: Demand here was exceptional. Single-family home sales jumped 29%, and the median price for a condo within city limits soared 56% to nearly $2.5 million.

• Jordanelle: This area is booming with new construction, driving sales volume up 45%

• Golf is Gold: If you have a property with a golf membership, you are in luck. Lots with attached memberships are selling for $800,000 to $1 million more than similar lots without them.

🔮 Looking Ahead to 2026

The consensus is that 2026 is shaping up to be another solid year. While we are keeping an eye on things like insurance costs and snow levels, the demand for the Park City lifestyle remains incredibly strong.

Thinking of making a move this spring? Whether you are curious about your home’s current value or looking to join our community, let’s chat. The market is segmented, so you need a strategy that fits your specific goals.