Market analytics · September 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
September 2026 · Market Analysis
Park City sellers wait a month and a half as listings reach 690
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Homes in Park City took a median 44 days to sell in September, up from 29 in August, and the median home price was $1,862,500. Closings rose to 66 from 59, but active listings also grew to 690, so buyers have the upper hand in this housing market. Sellers got about 96.9% of list price, and the median list price of $2,380,000 sits well above what is actually closing, so go by recent sales rather than asking prices.
Market pulse
Speed has been uneven all year. Median days on market fell to 4 in July, then rebounded to 44 in September. Active listings grew from 342 in April to 690 in September. New listings dropped to 104 from 145 in August, so the supply build is slowing even as homes take longer to sell. About 10.5 months of supply would be needed to sell everything listed at September's pace.
Mortgage context
Of September's 66 closings, 54 were above $700,000, so most Park City buyers are financing jumbo-sized loans. Jumbo rates were 7.75% in the latest snapshot, a bit above the 7.5% conventional 30-year rate. Only 12 homes sold below $700,000, which is where a rate move matters least to cash-heavy buyers and most to anyone borrowing.
Payment math
Buying at the $1,863,000 median home price with 20% down now costs $10,418 a month in principal and interest at 7.5%, which is $380 more than the $10,038 payment at 7.125% thirty days ago, and $1,078 above the April low, when rates averaged 6.42% and the payment would have been $9,340.
If you're buying
Twenty of September's 66 closings took a price cut first, so watch for reductions on listings that have passed 90 days. A quarter of homes took longer than 92 days, and those sellers are the ones negotiating. In Clubhouse Villas, two homes closed at a median $3,800,000 after 269 days, a good example of what patience brought.
If you're selling
Yours is competing with 690 active listings, and buyers paid about 96.9% of list in September. Price off what closed rather than what neighbors are asking. Homes in East Creek Ranch closed at a median $1,837,500 in about 51 days, so a realistic price there still moved.
Outlook
October through December usually means fewer showings in Summit County, and the ski season opening in November may bring a different buyer mix. With new listings at 104, supply growth should flatten. Rates near 7.5% will keep serious buyers selective through winter.
Watch for
If closings drop back toward the low 50s while new listings hold near 104 a month, months of supply would climb past 12 by winter, and sale-to-list would likely slip toward 95%.
"Park City's September slowed to a 44-day median wait with 690 homes to choose from, and the average price tells a different story than the median."
Common questions about Park City this month
What is the median home price in Park City? ▾
The median sale price in Park City was $1,862,500 in September 2026, down from $2,250,000 a year earlier. The average sale price was $4,233,875, much higher because the 54 sales above $700,000 included luxury deals that pull the average up, at a median $3,062,500. The median list price was $2,380,000.
Is the Park City housing market slowing down? ▾
Yes, it slowed in September. Median days on market rose to 44 from 29 in August, and active listings reached 690, up from 544 a year ago. Closings did rise to 66 from 59, so demand hasn't disappeared.
How much is my Park City home worth? ▾
Start with the September median of $1,862,500 and the 96.9% sale-to-list ratio, which means homes closed about 3% under asking. Homes took a median 44 days to sell. Your own home's value depends on recent comparable sales in your neighborhood, so look at those closely.
How long do homes take to sell in Park City? ▾
The median was 44 days in September 2026. A quarter of homes sold within 10 days, while another quarter took longer than 92 days. Homes between $400,000 and $700,000 were slowest at a median 114 days.
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
September 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
85 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 47 · 25th percentile 18 · 75th percentile 93
Needed a price change
Sold listings that had a recorded price change before close
27 of 85 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 neighborhoods this month
Named subdivisions ranked by homes sold · median price · median days to contract
- 1. Aspen Camp 4 sold · 70d
- 2. Bear Hollow Village 3 sold · 78d
- 3. Grand Summit Hotel 3 sold · 6d
- 4. Deer Crossing 2 sold · 88d
- 5. Sage Hills Estates 2 sold · 0d
- 6. Northgate Canyon 2 sold · 86d
- 7. Thaynes Canyon 2 sold · 171d
- 8. Clubhouse Villas 2 sold · 269d
September 2026 by property type
How each housing type performed last month — 85 closings total across subtypes.
Summary Statistics
| Metric | Sep-26 | Sep-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 85 | 97 | -12.37% | 610 | 722 | -15.51% |
| Median Sale Price | $2,100,000 | $2,250,000 | -6.67% | $1,999,087 | $2,051,283 | -2.54% |
| Median DOM | 47 | 33 | +42.42% | 37 | 31 | +19.35% |
| Sale-to-List Ratio | 96.35% | 97.72% | -1.40% | 96.50% | 97.16% | -0.68% |
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.