Closed-sale market conditions
Park City Negotiating Conditions, August 2026
Research question
What do Park City’s August 2026 closed-sale indicators suggest about negotiating conditions?
Park City’s three-month median sale price was $2.31 million, but homes took a median 53 days and closed at 95.9% of list price. That combination suggests neither a one-sided buyer market nor uniform seller control.
Research by Kamee Shrope
Geography: CITY: Park City; COUNTY: Summit County, Utah
Period: Three months ending August 2026
$2.31M
Park City median sale price
+5.3% year over year
53 days
Park City median time on market
10 days longer year over year
95.9%
Park City sale-to-list ratio
All home types, city level
Price strength and a slower pace coexisted
Redfin reported 84 Park City sales for the period, down 31.6% year over year. The median sale price rose 5.3%, while median time on market increased by 10 days. Only 4.9% sold above list price, and 28.9% had a price drop.
A higher median does not mean every segment appreciated. The mix of homes closing in a small luxury market can move the median even when individual comparable sets behave differently.
Redfin all-home-types market measures, three months ending August 2026
| Measure | Park City | Summit County |
|---|---|---|
| Median sale price | $2,311,283 (+5.3%) | $1,653,367 (+8.4%) |
| Homes sold | 84 (-31.6%) | 114 (-20.4%) |
| Median days on market | 53 (+10 days) | 54 (+1 day) |
| Median sale price per sq. ft. | $948 (+0.1%) | $771 (+10.2%) |
| Sale-to-list ratio | 95.9% (-0.48 pp) | 95.9% (-1.2 pp) |
| Sold above list | 4.9% (+0.8 pp) | 5.6% (-1.4 pp) |
- Measure
- Median sale price
- Park City
- $2,311,283 (+5.3%)
- Summit County
- $1,653,367 (+8.4%)
- Measure
- Homes sold
- Park City
- 84 (-31.6%)
- Summit County
- 114 (-20.4%)
- Measure
- Median days on market
- Park City
- 53 (+10 days)
- Summit County
- 54 (+1 day)
- Measure
- Median sale price per sq. ft.
- Park City
- $948 (+0.1%)
- Summit County
- $771 (+10.2%)
- Measure
- Sale-to-list ratio
- Park City
- 95.9% (-0.48 pp)
- Summit County
- 95.9% (-1.2 pp)
- Measure
- Sold above list
- Park City
- 4.9% (+0.8 pp)
- Summit County
- 5.6% (-1.4 pp)
Use the data to prepare questions, not dictate an offer
A 95.9% market-wide ratio does not authorize an automatic discount. Listing age, prior reductions, comparable closings, competing interest, property condition, seller priorities, and contract structure matter at the address level.
The useful next step is a property-specific evidence file: current status history, comparable closed and pending sales, inspection and document risks, carrying costs, and the terms that matter most to both sides.
Methodology
- 1.Recorded the current figures displayed on Redfin’s Park City and Summit County housing-market pages on September 29, 2026.
- 2.Kept city and county figures separate and retained Redfin’s three-month-ending-August-2026 period.
- 3.Reported percentage-point changes as percentage points, not percentages.
Limits
- These are all-home-types summaries, not luxury-only, neighborhood-level, or property-specific statistics.
- Redfin’s displayed values can update. This report is a dated readback, not a live data feed.
- Sale-to-list ratios depend on the latest listed price and do not describe concessions, repairs, financing, or other contract terms.
Sources and provenance
Retrieved: September 29, 2026; page reports three months ending August 2026
City-level all-home-types measures reported from MLS and public records.
Retrieved: September 29, 2026; page reports three months ending August 2026
County-level all-home-types measures reported from MLS and public records.
Companion article