The second quarter was three different property-type stories
The Park City Board of REALTORS reported 669 transactions and $1.358 billion in volume across its service area in Q2 2026. Units increased 10% year over year and volume increased 7%.
Under that headline, single-family homes, condominiums, and land moved differently. Single-family transactions increased 6%. Condominium transactions declined 2%. Land transactions increased 46%, with volume up 74%.
The Q2 property-type report presents both the quarter and rolling 12-month data, along with area-level examples and sample-size warnings.
Single-family activity increased, but area samples were narrow
The regional single-family category recorded 319 sales and $840.9 million in volume. Over the rolling 12 months ending June 30, 2026, it recorded 1,341 sales and $3.609 billion in volume.
Within Park City areas 1 through 9, the quarter included 29 single-family sales and a $3.8 million median. Old Town had seven sales. Park Meadows had 10. Empire Pass had one sale at $25 million.
One sale is a transaction, not a stable market trend. Even a seven- or 10-sale quarter can move materially based on which homes happened to close. An owner or buyer still needs the comparable set for the relevant property type and location.
Condominium volume softened
The regional condominium category recorded 203 sales and $335.4 million in volume, both down 2% year over year. Over the rolling 12 months, condominium sales were down 14% and volume was down 7%.
The source reported 47 Park City condominium sales with a $2.325 million median, 58 Snyderville sales with a $1.13 million median, and 64 Jordanelle sales with a $1.239 million median. Those areas include different buildings, services, construction ages, rental permissions, and access conditions. A median does not erase those differences.
The land surge was concentrated
Land recorded 147 Q2 sales and $181.3 million in volume. South Jordanelle alone had 41 sales compared with three a year earlier. The Board said the jump was almost certainly connected to bulk or master-planned closings.
That explanation is plausible and important, but it is still the source’s interpretation rather than independent proof in this analysis. It also means the percentage should not be applied to a single homesite. Promontory recorded 21 land sales; Park City areas 1 through 9 recorded two.
For land, the diligence file should include zoning, utilities, access, topography, geotechnical conditions, water and sewer arrangements, design rules, fees, building envelope, approvals, and a current construction-cost plan. A regional sales surge does not answer those parcel questions.
How to use the quarter responsibly
Use the data to identify the correct comparison lane first: single-family, condominium, or land. Then narrow by area, property form, use, rights, age, condition, and current competition. Keep small sample sizes visible rather than presenting a dramatic percentage without its denominator.
The source is the Park City Board of REALTORS Q2 2026 release, published September 3, 2026 for the period ending June 30. It covers the Board’s MLS service area in Summit and Wasatch Counties, not Salt Lake County. The Board describes the data as preliminary and subject to late reporting.
For a property-specific Park City comparison, contact Kamee with the address or search area, property type, intended use, and open diligence questions.