Start with the count before the median
The Park City Board of REALTORS reported 319 single-family sales across its MLS service area in Q2 2026. The broad areas inside that total had very different transaction counts and housing mixes.
Heber Valley recorded 97 sales, Snyderville Basin 77, Park City areas 1 through 9 recorded 29, Jordanelle 24, and Kamas Valley 22. The reported medians ranged from $595,000 in Kamas Valley to $3.8 million in Park City.
The single-family area report keeps the counts, volume, medians, period, and geography together.
The broad medians describe different homes
Park City’s 29 sales generated $148.8 million in volume and a $3.8 million median. Snyderville Basin’s 77 sales generated $289.2 million with a $2.25 million median. Jordanelle’s 24 generated $111.2 million with a $3.669 million median.
Heber Valley recorded 97 sales and $147.2 million in volume with a $940,000 median. Kamas Valley recorded 22 sales and $45.2 million with a $595,000 median.
These numbers do not create a price ladder for comparable homes. The areas differ in lot size, age, construction, access, services, resort proximity, community structure, and the type of home that happened to close during the quarter.
Small luxury samples require visible warnings
Old Town recorded seven sales with a $3.65 million median. Park Meadows recorded 10 with a $3.95 million median. Promontory recorded 17 with a $6.6 million median. Glenwild recorded four with an $8.33 million median.
Empire Pass had one reported single-family sale at $25 million. It is accurate to report that transaction. It would not be accurate to call $25 million a stable area average or use one sale to value another property.
Sample size should change the language. A small set can describe the sales that occurred, but it offers less support for a broad trend. A longer period and a property-level comparable set become more important as the denominator shrinks.
Build the comparable set from the property outward
For a single-family home, I would start with the exact property and work outward:
- Confirm the legal parcel, jurisdiction, property form, and current use.
- Identify the closest location and property substitutes.
- Compare land, size, age, condition, improvements, views, access, parking, and storage.
- Add association, club, utility, insurance, winter-access, and maintenance obligations.
- Explain every material difference between the home and the closed comparables.
- Keep active and pending competition separate from completed sales.
The area statistics help prevent a mismatched comparison. They do not finish the valuation.
The rolling year can be steadier than one quarter
The source reported 1,341 single-family sales and $3.609 billion in volume for the rolling 12 months ending June 30, 2026. That wider period reduces some quarterly noise, but it still combines the full service area. The correct period depends on the question and the availability of similar properties.
The source is the Park City Board of REALTORS Q2 2026 release. It covers Summit and Wasatch Counties, not Salt Lake County, and the figures are preliminary.
For an address-specific comparison, contact Kamee with the property, location, intended use, and the features that materially affect your decision.