The Park City real estate market showed some interesting movements between July and August 2025. While inventory tightened, sales activity and prices pointed upward, giving sellers a stronger position.
Homes Available
-
July: 263
-
August: 245
-
Change: â–¼ 18 homes
Inventory dipped in August, leaving buyers with fewer options. This reduction in supply may have contributed to the competitive pricing we saw.
Sales Volume
-
July: $155,676,064
-
August: $188,205,622
-
Change: â–² $32.5 million
Total sales volume jumped significantly, a reflection of both higher transaction counts and rising sales prices.
Properties Sold
-
July: 42
-
August: 50
-
Change: â–² 8 homes
Sales activity improved in August, with more homes closing compared to July. This suggests stronger buyer demand, despite a slimmer inventory.
Average Days on Market
-
July: 59 days
-
August: 157 days
-
Change: â–² 98 days
Interestingly, average days on market rose dramatically in August. This could mean that some older listings finally sold, pulling up the average, even as new listings moved more quickly.
Average Sales Price
-
July: $3,706,572
-
August: $3,764,112
-
Change: â–² $57,540
The average sales price edged higher, reflecting both steady demand and the luxury-driven nature of Park City’s housing market.
Key Takeaways
-
Fewer homes on the market and higher sales activity signal continued buyer interest in Park City’s luxury segment.
-
Sales volume and average sales prices both climbed, favoring sellers.
-
The sharp rise in average days on market suggests a mix of old and new inventory, rather than a slowdown in demand.
Overall, Park City’s August numbers show a market that’s active and competitive, particularly at the high end. Buyers should be prepared for strong pricing, while sellers can benefit from rising demand.
