October Lifestyle & Real Estate Update
Quarterly Market Report from Paula Higman
(Summit County | Q3 2025)
As autumn paints the Wasatch Mountains in gold, Park City’s real estate market reflects both luxury stability and seasonal transition. The Q3 2025 Coldwell Banker Global Luxury Report shows a strong third quarter with consistent buyer activity and a continued rise in property values across Summit County.
📊 Market Highlights – Q3 2025
The latest data shows a confident yet balanced market:
-
+7.93% increase in overall properties sold
-
+25% rise in average sold price
-
+19% increase in median sold price year over year
-
+4% increase in new listings, signaling healthy supply
-
+24% rise in average days on market, reflecting a more deliberate pace
For single-family homes, median sold prices climbed 30.22%, even as new listings dipped slightly (–1.61%) — a sign of strong buyer confidence and tight inventory.
Condo and townhome sales rose 6.4%, with 16% more listings entering the market — appealing to investors and second-home buyers seeking low-maintenance luxury.
🏡 What This Means for Park City Buyers & Sellers
Park City continues to outperform most resort markets in the West.
For Sellers:
-
Homes are maintaining record-high value, with a list-to-sell ratio above 99%.
-
Luxury neighborhoods like Silver Creek Estates, Promontory, and Old Town remain top performers.
For Buyers:
-
Inventory levels are improving, creating opportunities to negotiate and secure prime properties.
-
With continued growth and anticipation for the 2034 Winter Games, now is a strategic time to enter the market before the next surge.
-
🌲 Lifestyle Snapshot
October in Park City marks the perfect in-between season — crisp air, quiet trails, and golden aspens. Locals enjoy the calm before ski season while new homeowners settle into the community’s rhythm. From equestrian estates in Silver Creek to walkable charm in Old Town, lifestyle remains the driving force behind every move.
My Final Thoughts
Whether you’re buying, selling, or simply exploring what’s next, staying informed helps you make confident decisions.
For exclusive access to off-market listings through Paula Higman Real Estate or a personalized home valuation, reach out today — I’d love to guide you through your next real estate milestone.
Paula Higman
Realtor® | Coldwell Banker Global Luxury
📞 435-602-8228
📧 [email protected]
🌐 www.paulahigmanrealestate.com
