Market Snapshots by The Wallace Team—real estate trends across Park City, Deer Valley, Jordanelle, Heber, and Kamas Valley.

Park City Real Estate Market Overview

The Park City market—which includes Summit and Wasatch counties—continued its steady momentum in Q3 2025 toward long-term equilibrium. Nearly every category saw increased activity, with total transactions up 21% and total sales volume up 23% year-over-year. Inventory also surpassed 1,000 units for the first time since COVID, giving buyers more options without creating an oversupply. The Park City real estate market remains positive.

Bifurcated Market Dynamics

The market is increasingly divided, with luxury properties outperforming lower-priced segments. High-net-worth buyers continue to view Park City as an attractive investment, driven by lifestyle amenities rather than economic considerations. They want…

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