Park City Real Estate Market Update — April 2025
What’s Happening in Park City Real Estate Right Now?
As the snow begins to melt and spring settles into the Wasatch Mountains, the Park City real estate market is showing signs of momentum — with buyers re-engaging, inventory beginning to shift, and sellers preparing for a competitive season ahead.
Here’s everything you need to know about what’s happening in Park City real estate right now.
Market Snapshot — April 2025
Based on data from the Park City MLS and recent market activity.
|
Key Metric |
Stat |
Change from Last Month |
|---|---|---|
|
Median Home Price |
$2,450,000 |
+3.2% |
|
Average Days on Market |
74 Days |
-15% (Faster Sales) |
|
Inventory Levels |
315 Active Listings |
+10% (Spring Surge) |
|
Pending Sales |
89 Homes Under Contract |
Holding Steady |
What This Means for Sellers
Spring is historically one of the strongest selling seasons in Park City — and this year is no exception. With buyer demand returning and inventory increasing, sellers who price strategically and present their home well are seeing competitive offers.
Pro Tip for Sellers:
Luxury buyers expect lifestyle-ready properties. Now is the time to:
• Stage your home
• Refresh landscaping
• Highlight outdoor living spaces
• Share recent upgrades
What This Means for Buyers
While inventory has increased slightly this spring, Park City remains a competitive market — particularly for homes under $2M and in desirable neighborhoods like Jeremy Ranch, Silver Springs, and Old Town.
Pro Tip for Buyers:
Be prepared. Get pre-approved. Work with a local agent who knows how to position your offer in a competitive landscape.
Neighborhoods to Watch
|
Neighborhood |
What’s Trending |
|---|---|
|
Promontory |
Luxury new construction demand remains high. |
|
Old Town |
Walkability + ski access properties are selling quickly. |
|
Jeremy Ranch |
Popular with full-time residents and families. |
Final Thoughts
Park City’s real estate market is poised for a busy spring and summer. Whether you’re buying or selling, timing and preparation will be key.
As a local expert with deep knowledge of Park City’s neighborhoods, lifestyle, and market trends — I’d love to help you navigate your next move.
Ready to Talk Real Estate?
Let’s connect. I’m always available for a confidential consultation or to provide a personalized market analysis of your home.
Contact me at (435) 602-8228
Or explore active listings at paulahigmanrealestate.com
