New Downward Trend in Home Sales for Park City Real Estate Market

A three-week rough patch for the overall sales trend continues in the Park City market, with number of sales staying even at two over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price of all transactions in Park City did not budge this week, remaining at $88,444. In spite of sales trending lower, there are only two months of inventory available, which signals that Park City is a still definite seller's market.

If you have a tight budget for your next home, begin the search with these low-cost listings in Park City:

$189K   $224K  

Get started right now by checking out Park City homes for sale or reviewing Park City real estate trends.

Demographic facts about Park City:

  • The affordability rating here is 49. (Scale: 1 = Worst, 100 = Best)
  • This area usually gets 32.9 inches of rain each year. (U.S. average: 36.5)
  • The income per capita in this area is $19,367.
  • This area has a school rating of 52. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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