As spring arrives in Park City, the single-family home market is showing strong activity and shifting trends. Let’s take a closer look at the numbers and what they mean for buyers and sellers.
Inventory & Homes Available
In March, there were 167 homes available, up 18.5% year-over-year and slightly higher than February’s 161. The continued rise in inventory gives buyers more options, especially in the luxury segment, though the market remains competitive.
Sales & Volume
44 properties sold in March, a 16.2% increase YOY and higher than February’s 31 sales. Total sales volume rose to $177 million, up 6.3% YOY, reflecting more transactions across the market, though slightly slower than February’s 25.4% jump in volume.
Days on Market
Homes in March sold in an average of 73 days, a dramatic 42.1% faster pace YOY and slightly slower than February’s 90 days. This significant year-over-year drop shows strong demand and faster-moving inventory compared to last spring.
Pricing Trends
The average sales price was $3,807,798, down 18.5% YOY from March 2025, though still higher than February’s $3,690,109. The year-over-year decline reflects the mix of luxury homes sold this month, as pricing can fluctuate significantly depending on which high-end properties come to market.
What This Means for Buyers
Buyers in Park City have more choices than a year ago, and homes are selling faster, so being prepared to act quickly is critical. While luxury pricing can vary, the active market means serious buyers who are ready to move are seeing opportunities.
What This Means for Sellers
For sellers, strong demand and faster sales indicate that well-positioned, accurately priced homes are attracting attention. Luxury homes require precision pricing and strategic marketing to stand out, but the overall momentum makes spring a favorable time to list.
