Market analytics
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
August 2026 · Market Analysis
Park City listings top 1,030 as August closings slow back to a 28-day pace.
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Homes in Park City took a median 28 days to sell in August, a sharp pullback from July's 4-day pace but still faster than last August's 38 days. That speed reversal comes as active listings climbed to 1,030 — the heaviest shelf of the past six months — while only 58 homes closed, below the prior 12-month average of 73 a month. Buyers have more to pick from than sellers have buyers for, and the market is behaving like it.
Market pulse
Median days on market has bounced around all year: 82 in January, down to 36 in February, 28 in March, then a brief low of 4 in July before returning to 28 in August. Active inventory has grown every month since February's 561, reaching 630 in April, 715 in May, 839 in June, 951 in July and now 1,030. Sold counts have stayed choppy — 81 in March, 72 in April, 56 in May, 64 in June, just 45 in July, and 58 in August — while the sale-to-list ratio slipped from July's 97.37% to 95.58%, the softest reading since April's 95.36%. New listings eased slightly too, from 173 in July to 145 in August, though supply is still building faster than sales can clear it.
Mortgage context
The 30-year has climbed from 6.16% in February to 6.77% for August's monthly average, and now sits at 6.875% today — up 0.125 percentage points from 6.75% just 30 days ago. That climb is showing up directly in local buyer math, adding real monthly cost on top of a home price that hasn't moved much since spring.
Payment math
A median-priced Park City home at $1,914,000 with 20% down now runs $10,058 a month in principal and interest at today's 6.875% rate, up $128 from 30 days ago when the rate was 6.75%, and $721 above February's $9,337 payment when rates averaged 6.16% — that six-month low now looks a long way off.
If you're buying
Days on market crept back to 28 in August, up from July's 4-day sprint but still faster than the 38-day pace of last August, so don't assume every listing is a race. Homes in the 400-700K band are sitting a median 48 days — that's where negotiating room exists, especially with only 3 closings there all month. Look at Silver Creek and Highland Estates, both active in August's top-subdivision list with sales in the $1.97M-$2M range, and use the 48 sold below list count out of 58 total as leverage on asking price.
If you're selling
With 48 of August's 58 closings selling below list and the sale-to-list ratio down to 95.58%, price to what's actually closing, not the $3,250,000 median list price still sitting on the shelf. Park Meadows Subdivision sales closed near $3,487,500 with 44 days on market, showing even strong subdivisions need patience — budget for a longer runway than July's 4-day flukes suggested.
Outlook
With 1,030 active listings against roughly 58 monthly closings, expect negotiating room to persist into October, especially in the over-$700K band where 53 of August's 58 sales happened. Rates near 6.875% will keep some buyers on the sideline, but Park City's alpine summer selling weather is fading fast, and fall typically brings a seasonal slowdown in new listings that could stabilize the shelf rather than shrink it. Sellers who price to the 95.58% sale-to-list ratio, not last spring's numbers, will move faster.
Watch for
If new listings keep landing above 140 a month while closings stay near 58, active inventory could push past 1,100 by November, pulling the sale-to-list ratio further below 95%.
"Park City's August: inventory tops 1,030 while the July speed run fades back to 28 days."
Common questions about Park City this month
Is Park City a buyer's or seller's market in August 2026? ▾
Leverage is with buyers right now. Active listings hit 1,030 in August, the highest of the past six months, while only 58 homes closed — well under the 73-a-month average of the past year — and the sale-to-list ratio slipped to 95.58%, meaning most sellers are accepting less than asking.
Why did homes take longer to sell in Park City this August? ▾
Median days on market rose to 28 in August from just 4 in July, though it's still faster than last August's 38-day pace. The July number was likely an anomaly from a thin 45-sale month; August's 28 days looks more like a return to the spring pattern of 25-33 days.
How much has financing a Park City home changed since spring? ▾
The 30-year rate has climbed from 6.16% in February to 6.875% now, adding $721 a month to the payment on a median $1,914,000 home with 20% down — from $9,337 in February to $10,058 today. Just in the past 30 days, the rate moved from 6.75% to 6.875%, tacking on another $128 a month.
Which Park City neighborhoods are seeing the most activity right now? ▾
Jeremy Ranch led August with 3 closings at a median $2,500,000 and just 4 days on market, the fastest turnaround among the month's active subdivisions. Silver Creek and Highland Estates each posted 2 sales, with Highland Estates closing near $1,972,500.
Should sellers expect to get full asking price in Park City this fall? ▾
Not likely — only 6 of August's 58 closings sold at list price and just 4 sold above it, while 48 sold below. With active inventory at 1,030 against 58 monthly sales, sellers competing on price and condition are the ones closing.
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
August 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
58 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 28 · 25th percentile 10 · 75th percentile 51
Needed a price change
Sold listings that had a recorded price change before close
9 of 58 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. Jeremy Ranch 3 sold · $2,500K · 4d
- 2. Park Meadows Subdivision 2 sold · $3,488K · 44d
- 3. Highland Estates 2 sold · $1,973K
- 4. Silver Creek 2 sold · $997K · 39d
- 5. Moonshadow 1 sold · $16,291K · 0d
August 2026 by property type
How each housing type performed last month — 58 closings total across subtypes.
Summary Statistics
| Metric | Aug-26 | Aug-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 58 | 102 | -43.14% | 478 | 625 | -23.52% |
| Median Sale Price | $1,913,750 | $1,822,500 | +5.01% | $1,987,658 | $2,020,442 | -1.62% |
| Median DOM | 28 | 38 | -26.32% | 30 | 31 | -3.23% |
| Sale-to-List Ratio | 95.58% | 96.91% | -1.37% | 96.66% | 97.08% | -0.43% |
Past months
Browse historical Park City reports — each month's snapshot stays at its own permanent URL.
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.