Park City’s luxury real estate market remained active in April 2025, offering valuable insights for both buyers and sellers heading into summer. Whether you’re tracking market trends for your next move or investing in a high-end mountain home, here’s what you need to know about the state of the luxury market in Park City.
Single-Family Homes: Balanced Market Conditions
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The single-family luxury market sits in balanced territory with a 15% sales ratio.
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Median sales price landed at $3,396,000, with homes selling for 96.83% of list price.
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Inventory remained steady with 188 listings, and 29 sales closed during the month.
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Homes are moving faster than last year, averaging 45 days on market, down from 80 in April 2024.
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The $2.5M–$2.99M price range was the most competitive, with a sales ratio of 40%.
Attached Homes: Strong Seller’s Market
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The attached (condo and townhome) segment is currently a seller’s market, boasting a 30% sales ratio.
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Median sales price soared to $3,362,500, with homes selling for 98.26% of list price.
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Days on market dropped sharply to 21 days, compared to 37 a year ago.
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The hottest price band? $4.2M–$4.59M, showing strong buyer demand and limited inventory.
These trends show continued strength in Park City’s high-end housing market, especially in well-priced and turnkey properties. For buyers, now is the time to get clear on your strategy—homes are moving quickly, particularly in popular price bands. For sellers, pricing right and preparing for the market remain key to a successful sale.
Want to know more? Contact Me and we can discuss how the latest market trends in Park City will affect your plans to buy, sell or invest.
