New - 1 day on Rocket
#2069116, Mirjam Magnus, Listing Office: Equity Real Estate (Luxury Group)
Park City Housing Market Report February 2025•Summit County, Utah
Housing Prices in Park City, UT
How much do homes in Park City, UT cost?
Median List Price
$2,850,000$997/SqFt
-$2,927,900
-50.7%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Park City has decreased by 50.7% since last year.
Summary: The median home list price in Park City was $2,850,000 in February 2025, down 50.7% from the previous year, and the median price per square foot was $997.
Median List Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| North Wasatch | $2.2M | $1.4M | -38.0% |
| Park City | $5.7M | $2.8M | -50.7% |
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $581.4K | $628K | +8.0% |
| 22 Bedrooms | $734K | $896.5K | +22.1% |
| 33 Bedrooms | $5.4M | $1.6M | -70.5% |
| 44 Bedrooms | $4.9M | $3.8M | -23.2% |
| 55+ Bedrooms | $8.4M | $6.7M | -20.6% |
Summary: Park City housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +8.0%. The home price for 2 bedroom homes increased by +22.1%. The home price for 3 bedroom homes decreased by -70.5%. The home price for 4 bedroom homes decreased by -23.2%. The home price for 5 bedroom homes decreased by -20.6%.
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 |
|---|---|---|
| 445Last MonthFeb 2025 | ||
| 3472 months agoJan 2025 | +28.2 % Change MoMJan – Feb |
Summary: The Park City real estate market had 445 homes for sale in Feb 2025, a 28.2 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 38 | 49 | +28.9% |
| 22 Bedrooms | 52 | 70 | +34.6% |
| 33 Bedrooms | 52 | 75 | +44.2% |
| 44 Bedrooms | 82 | 97 | +18.3% |
| 55+ Bedrooms | 123 | 154 | +25.2% |
Summary: Park City housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +28.9%. The inventory for 2 bedroom homes increased by +34.6%. The inventory for 3 bedroom homes increased by +44.2%. The inventory for 4 bedroom homes increased by +18.3%. The inventory for 5 bedroom homes increased by +25.2%.
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 |
|---|---|---|
| 127 DaysThis YearFeb 2025 | ||
| 151 Days1 year agoFeb 2024 | -16.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Park City had an average listing age of 127 days in Feb 2025, down by 16.1% 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 days on Rocket
#2068994, Heather Peterson, Listing Office: Summit Sotheby's International Realty
New - 2 days on Rocket
$6,709 Closing Credit¹
#2068924, James Kelley, Listing Office: Windermere Real Estate (Park Ave)
New - 2 days on Rocket
#2068877, J Stephen Jeffers, Listing Office: Berkshire Hathaway HomeServices Utah Properties (Saddleview)
New - 2 days on Rocket
$7,006 Closing Credit¹
#2068819, David Wiser, Listing Office: KW South Valley Keller Williams
New - 2 days on Rocket
$10,000 Closing Credit¹
#2068812, Nancy Erni, Listing Office: Berkshire Hathaway HomeServices Utah Properties (354 Main)
New - 2 days on Rocket
#2068775, Gregory Miner, Listing Office: KW Park City Keller Williams Real Estate
New - 3 days on Rocket
$10,000 Closing Credit¹
#2068636, Matt Cordery, Listing Office: Progressive Properties Realty Inc
New - 3 days on Rocket
$10,000 Closing Credit¹
#2068585, Jonathan Crosswhite, Listing Office: Christies International Real Estate Park City
New - 3 days on Rocket
#2068522, Kate Henry, Listing Office: Berkshire Hathaway HomeServices Utah Properties (Saddleview)
New - 3 days on Rocket
$10,000 Closing Credit¹
#2068450, Kathryn Vallee, Listing Office: Summit Sotheby's International Realty
New - 3 days on Rocket
#2068421, Kimberly Drury, Listing Office: Windermere Real Estate (Park Ave)
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MLS Disclaimers and Copyright
Based on information from UtahRealEstate, for the period 03/01/2023 - 03/01/2025
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: 3/9/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.