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Community · Park City, Utah
Velvaere Homes For Sale
Velvaere is a community in Park City, Utah. Browse current MLS listings below — we update the inventory hourly from the live regional feeds.
Median price
$7,000,000
Days on market
139
$ / sq ft
$1,777
For sale
In Velvaere
Velvaere · Community report Updated June 2026
Velvaere is a new luxury development in Park City where every recorded home dates to 2020 or later, with lots running around 0.52 acres and planned living areas near 3,957 square feet. The sample is limited: just six closings have been recorded, led by five sales in September 2025 at a median of $4,295,000 and a sale-to-list ratio of 98.18%, followed by a single October close at $4,000,000 after 97 days on market. New listings have ranged widely over the past year, from $3.6 million to $9.12 million, reflecting the build-out nature of the community. HOA dues run a median of $280 monthly, and all homes feed Wasatch High and Rocky Mountain Middle, with 71% assigned to J R Smith Elementary.
Schools
Where Velvaere students attend
Derived from school assignments on recent MLS listings in this community. Confirm current zoning with the local school district.
Elementary
J R Smith Elementary
Consistent across the community (71% of recent listings).
Middle / Junior
Rocky Mountain Middle
Consistent across the community (100% of recent listings).
High
Wasatch High
Consistent across the community (100% of recent listings).
Neighborhood profile
What homes here look like
Avg year built
2025
Median home size
3,957 sq ft
Median lot
0.52
acres
HOA fee (typical)
$280 / monthly
Home age distribution
6 listings sampled (last 36 months)
2020+
6
<1970
0
1970-1979
0
1980-1989
0
1990-1999
0
2000-2009
0
2010-2019
0
24-month trend
Velvaere sales activity
Median sale prices and monthly closing volume across all reported MLS sales inside this community. Updated monthly from RESO archives.
Median sale price
Monthly median of closed sales
Monthly activity
Sold (orange) · new listings (blue)
Days on market
Median days from list to close
Sale-to-list ratio
Close price ÷ original list (buyer/seller leverage)
Source: Utah RESO feed aggregated by Best Utah Real Estate. Each month reflects all closed sales attributed to Velvaere via subdivision name or polygon boundary.
Nearby communities