The Park City real estate market continues to show a more selective and transitional phase as we move from April into May 2026. While some indicators reflect increased efficiency in the market, overall activity remains lower year-over-year, with pricing, sales volume, and transactions all adjusting from last year’s levels.
Below is a breakdown of how each key market indicator is trending month-over-month and year-over-year.
Inventory (Homes Available)
Inventory increased from 152 homes in April to 178 in May, showing more listings coming to market heading into early summer.
On a year-over-year basis, inventory is down 19.8%, indicating significantly tighter supply compared to last year.
Sales Volume
Total sales volume rose from $80.6M in April to $98.0M in May, showing stronger overall dollar volume month-over-month.
However, volume is down 30.5% year-over-year, reflecting a meaningful slowdown compared to 2025.
Closed Sales (Properties Sold)
Closed sales remained flat month-over-month at 26 transactions in both April and May.
Year-over-year, closed sales are down 33.3%, highlighting a softer transaction environment compared to last spring.
Days on Market
Homes are moving significantly faster, improving from 81 days in April to 60 days in May.
Year-over-year, days on market are down 36.2%, indicating that well-priced properties are still attracting buyer interest more quickly than last year.
Average Sales Price
Average sales price increased from $3,529,169 in April to $3,768,086 in May, showing month-over-month strength in pricing at the luxury level.
However, pricing is down 20.6% year-over-year, reflecting variability in high-end sales activity and a smaller, more segmented market.
Overall Takeaway
May reflects a Park City market that is moving faster on well-positioned properties but with overall reduced transaction volume compared to last year. Inventory remains limited, pricing is fluctuating month to month, and buyers continue to be highly selective—particularly in the luxury segment.
For buyers, opportunities exist in a less competitive environment than prior years. For sellers, precise pricing and presentation are critical to achieving strong results in a thinner, more segmented market.
If you're considering buying or selling in Park City, let’s connect to discuss what these trends mean for your specific goals.
