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Park City Market Report

$3,211,942

AVERAGE PRICE OF 708 HOMES

$1,950,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$4,243,620

AVERAGE PRICE OF 507 MULTI-MILLION DOLLAR HOMES

$3,404,534

AVERAGE PRICE OF 306 NEWLY BUILT HOMES

$2,814,355

AVERAGE PRICE OF 75 HOMES WITH A POOL

$1,888,346

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $3,211,942
Avg Bedrooms 2.57 beds
Avg Bathrooms 3.16 baths

Average Price by Bedrooms

1 bedroom $745,772
2 bedrooms $1,546,991
3 bedrooms $2,862,939
4 bedrooms $4,440,863
5 bedrooms $4,931,228
Park City Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 747 748 773 791 760
Average Price $3,173,177 $3,027,962 $2,923,511 $2,907,178 $2,907,996
Avg Price Change +4.80% +3.57% +0.56% -0.03% n/a
Median Price $1,891,362 $1,796,310 $1,794,732 $1,795,259 $1,785,625
Med Price Change +5.29% +0.09% -0.03% +0.54% n/a
Avg Bedrooms 2.65 beds 2.63 beds 2.67 beds 2.67 beds 2.64 beds
Avg Bathrooms 3.2 baths 3.16 baths 3.17 baths 3.19 baths 3.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
North Summit 2 $1,772,500 118 days
Park City 483 $2,983,903 214 days
South Summit 195 $3,517,285 176 days
Wasatch 2 $3,460,000 159 days
Wasatch Alter 1 $25,000,000 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 708 $3,211,942 202 days
Distressed Homes 1 $1,950,000 70 days
Multi-Million Dollar Homes 507 $4,243,620 169 days
Newly Built Homes 306 $3,404,534 304 days
Homes with a Pool 75 $2,814,355 116 days
Reduced Price Homes 14 $1,888,346 119 days
The Gamboa Real Estate Group
Jona Gamboa
6575 S Redwood Road #101
Taylorsville, UT 84123
801-214-8146

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of December 7, 2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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