New - 6 minutes on Rocket
$7,125 Closing Credit¹
Richard Vunder, Listing Office: Summit Sotheby's International Realty
Park City Housing Market Report December 2024•Summit County, Utah
Housing Prices in Park City, UT
How much do homes in Park City, UT cost?
Median List Price
$2,750,000$969/SqFt
-$2,575,000
-48.4%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Park City has decreased by 48.4% since last year.
Summary: The median home list price in Park City was $2,750,000 in December 2024, down 48.4% from the previous year, and the median price per square foot was $969.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| North Wasatch | $1.2M | $1.3M | +6.8% |
| Park City | $5.3M | $2.7M | -48.4% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $736K | $736K | 0.0% |
| 22 Bedrooms | $759K | $962K | +26.7% |
| 33 Bedrooms | $3.6M | $1.6M | -55.5% |
| 44 Bedrooms | $5.0M | $3.7M | -26.1% |
| 55+ Bedrooms | $8.1M | $6.7M | -16.4% |
Summary: Park City housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +26.7%. The home price for 3 bedroom homes decreased by -55.5%. The home price for 4 bedroom homes decreased by -26.1%. The home price for 5 bedroom homes decreased by -16.4%.
Housing supply in Park City, UT
How many homes are available in Park City, UT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 408Last MonthDec 2024 | ||
| 3402 months agoNov 2024 | +20.0 % Change MoMNov – Dec |
Summary: The Park City real estate market had 408 homes for sale in Dec 2024, a 20.0 % increase compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 29 | 37 | +27.6% |
| 22 Bedrooms | 49 | 64 | +30.6% |
| 33 Bedrooms | 58 | 65 | +12.1% |
| 44 Bedrooms | 73 | 90 | +23.3% |
| 55+ Bedrooms | 131 | 152 | +16.0% |
Summary: Park City housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +27.6%. The inventory for 2 bedroom homes increased by +30.6%. The inventory for 3 bedroom homes increased by +12.1%. The inventory for 4 bedroom homes increased by +23.3%. The inventory for 5 bedroom homes increased by +16.0%.
Days on Market for Park City, UT
How long does it take to sell a home in Park City, UT?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 147 DaysThis YearDec 2024 | ||
| 167 Days1 year agoDec 2023 | -12.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Park City had an average listing age of 147 days in Dec 2024, down by 12.2% compared to the previous year.
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Newest Listings in Park City, UT
What homes are available in Park City, UT?
New - 2 hours on Rocket
$6,828 Closing Credit¹
Spencer Barlow, Listing Office: Modern and Main, LLC
New - 4 hours on Rocket
$5,344 Closing Credit¹
Greg Watkins, Listing Office: KW Park City Keller Williams Real Estate
New - 20 hours on Rocket
$10,000 Closing Credit¹
Amanda N Davis-Chin, Listing Office: Berkshire Hathaway HomeServices Utah Properties (Saddleview)
New - 20 hours on Rocket
$8,194 Closing Credit¹
Lindsey Van, Listing Office: KW Park City Keller Williams Real Estate (Heber Valley Branch)
New - 20 hours on Rocket
Kerri Whipple, Listing Office: KW Park City Keller Williams Real Estate
New - 21 hours on Rocket
$10,000 Closing Credit¹
Kristen Barber, Listing Office: Stein Eriksen Realty Group LLC
New - 1 day on Rocket
Linda S. Mandrow, Listing Office: Coldwell Banker Realty (Union Heights)
New - 1 day on Rocket
Kevin Fogarty, Listing Office: Berkshire Hathaway HomeServices Utah Properties (Saddleview)
New - 1 day on Rocket
$10,000 Closing Credit¹
Kevin Arnold, Listing Office: Realty ONE Group Signature
New - 1 day on Rocket
$7,719 Closing Credit¹
Lana L Harris, Listing Office: KW Park City Keller Williams Real Estate
New - 1 day on Rocket
$10,000 Closing Credit¹
Jessica Sigg, Listing Office: Windermere Real Estate (Park Ave)
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MLS Disclaimers and Copyright
Based on information from UtahRealEstate, for the period 01/01/2023 - 01/01/2025
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 © 2025 UtahRealEstate.com All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.