Market analytics · June 2026 archive
Park City, Utah real estate market report.
Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from UtahRealEstate.com and the Washington County Board of Realtors.
Updated · Sources: UtahRealEstate.com & Washington County Board of Realtors
June 2026 · Market Analysis
Park City homes close in 16 days even as the shelf swells past 960 listings.
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The story in Park City this June is speed: median days on market fell to 16, down from 25 in May and 33 in April, and well under last June's 27-day pace even though this June's 64 closings ran slightly below last year's 71. Homes are moving faster than they have all spring, right as active listings reached 966 — up from 818 in May and 712 in April — giving buyers plenty to choose from while the fastest listings still get snapped up in days.
Market pulse
Median days on market has fallen every month since January's 82-day reading: 36 in February, 28 in March, 33 in April, 25 in May, and now 16 in June — the fastest pace of the past six months. Active inventory has climbed steadily alongside it, from 604 in January to 966 in June, with new listings nearly doubling over that stretch from 100 to 236 as the summer selling season builds. Sale-to-list ratio recovered to 97.43% in June after dipping to 95.36% in April, and the 16 price-cut sales this month — the first month with a meaningful reading in that column — suggest some sellers are still adjusting to buyer pushback even as the fastest listings sell in single-digit days.
Mortgage context
The 30-year sits at 6.875% today, up 0.25 percentage points from 6.625% thirty days ago, and has climbed each month since February's 6.19% average through June's 6.66% and July's 6.73%. That steady climb is likely part of why buyers are moving faster on homes they like rather than waiting — locking in sooner beats waiting for a rate that keeps drifting up.
Payment math
A median-priced Park City home now runs $1,855,000, and financing that with 20% down at today's 6.875% costs $9,749 a month in principal and interest — $247 more than just 30 days ago at 6.625%, and $670 above the $9,079 payment buyers would have locked in back in February when rates averaged 6.19%.
If you're buying
With median days on market at 16 and a quarter of sales going in 3 days or less, move fast on anything priced right in Silver Creek, Ecker Hill, or Silver Springs — those subdivisions carried June's volume. That said, 46 of 64 June closings still sold below list, so there's still negotiating room outside the fastest-moving listings; use the 16 price-cut sales this month as leverage on similar homes that haven't adjusted yet.
If you're selling
Price to the 97.43% sale-to-list ratio, not to March's 2,490,000 median — June's 1,855,000 median reflects a different mix, and overpricing against last quarter's numbers is why 16 of this month's closings needed a price cut first. With active listings up to 966 from 818 in May and new listings up to 236, expect more competition on the shelf; homes priced tight to recent sales in Silver Creek or Jeremy Ranch are what's closing in single-digit days.
Outlook
Expect the speed to hold through midsummer — median days on market has now fallen for three straight months, from 33 in April to 25 in May to 16 in June — but active inventory climbing to 966 gives buyers more comparison shopping than they had in the spring. With the 30-year at 6.875% and still climbing, some of that speed reflects buyers locking in before rates move further rather than pure demand strength, so a plateau or slight slowdown into August wouldn't be a surprise.
Watch for
If new listings keep running above 200 a month while sold counts stay in the 55-70 range, expect the shelf to keep building and sale-to-list to drift back toward 96% by September.
"Park City's fastest June closings in years, sitting on the heaviest inventory in a year."
Common questions about Park City this month
Is Park City a buyer's or seller's market in June 2026? ▾
It leans toward sellers on well-priced homes — median days on market fell to 16 and the sale-to-list ratio climbed to 97.43% — but 46 of 64 closings still sold below list, and active inventory at 966 gives buyers real alternatives if a listing is overpriced. It's closer to balanced than tilted hard either way.
Why are homes selling faster in Park City even with more listings on the market? ▾
Rates climbing steadily from 6.19% in February to 6.875% today appear to be pushing motivated buyers to act rather than wait, and June's fastest-moving sales concentrated in Silver Creek, Silver Springs, and Ecker Hill, all under 8 median days on market. Meanwhile slower listings, like a Park City subdivision sale that sat 210 days, are still working through the shelf.
How much has the recent rate increase added to a typical Park City mortgage payment? ▾
On the $1,855,000 June median home with 20% down, the monthly principal-and-interest payment is now $9,749 at 6.875%, up $247 from just 30 days ago and $670 above what the same loan would have cost in February at 6.19%.
Should sellers expect to get full asking price in Park City right now? ▾
Not typically — 46 of June's 64 closings sold below list, and 16 needed a price cut before finding a buyer. The exceptions are homes priced tight to recent sales in fast-moving subdivisions like Silver Creek, which is closing in a median of 7 days.
Is now a good time to buy in Park City before rates climb further? ▾
The 30-year has moved up every month since February, from 6.19% to today's 6.875%, so waiting has cost buyers real money — $670 a month more on a median home than five months ago. Faster closings this June suggest other buyers are reaching the same conclusion.
Number of Listings
Active inventory · new listings · sold per month
Listing Prices
Active median list · new median list · sold median sale
Absorption Rate
Months of supply — active inventory ÷ monthly sold rate
Sale-to-List Ratio
Close price ÷ list price — buyer/seller leverage
Days on Market
Median days from listing to under contract
Price Volume
Total dollar volume — active · new · sold per month
June 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
64 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 16 · 25th percentile 3 · 75th percentile 68
Needed a price change
Sold listings that had a recorded price change before close
16 of 64 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.
Sales by price band
Closed-price bucket → sold count and median days to contract
Top subdivisions this month
Ranked by closed count
- 1. Silver Creek 4 sold · $1,235K · 7d
- 2. Silver Springs 3 sold · $3,050K · 0d
- 3. Park City 2 sold · $3,749K · 210d
- 4. Ecker Hill 2 sold · $2,548K · 7d
- 5. Quarry Springs At Pinebrook Condo 2 sold · $975K
June 2026 by property type
How each housing type performed last month — 63 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 64 | 71 | -9.86% | 375 | 441 | -14.97% |
| Median Sale Price | $1,855,000 | $1,500,000 | +23.67% | $1,958,008 | $2,107,679 | -7.10% |
| Median DOM | 16 | 27 | -40.74% | 34 | 31 | +9.68% |
| Sale-to-List Ratio | 97.43% | 97.84% | -0.42% | 96.75% | 97.10% | -0.36% |
Sources: UtahRealEstate.com and the Washington County Board of Realtors, aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the final list price (post-reduction). Absorption rate = active inventory ÷ monthly sold rate.