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Market Research

Land transaction geography

Wasatch Back Land-Sale Concentration, Q2 2026

Most Q2 2026 primary-market land closings were concentrated in Jordanelle and Snyderville Basin. South Jordanelle and Promontory together accounted for 62 reported sales, so the regional surge should not be generalized to every parcel or community.

Geography: REGION/MLS: Park City Board of REALTORS areas in Summit and Wasatch Counties

Period: Q2 2026 compared with Q2 2025; selected rolling 12-month context ending June 30, 2026

144

Primary-market land sales

Q2 2026, up 58% year over year

70

Jordanelle land sales

48.6% of the primary-market total

62

South Jordanelle plus Promontory

Reported Q2 sales in two subareas

The regional increase was not evenly distributed

The primary market recorded 144 land transactions and $180.5 million in volume, up 58% in units and 102% in volume from Q2 2025. Jordanelle contributed 70 sales, or 48.6% of the primary-market total. Snyderville Basin contributed 32, Heber Valley 22, Kamas Valley 14, and Park City areas 1 through 9 contributed two.

Transaction concentration changes the meaning of the headline. A 58% regional unit increase does not show that supply, demand, buildability, or pricing changed equally across the service area.

Park City Board of REALTORS land results by broad area, Q2 2026

Area
Park City, areas 1-9
Q2 2025 sales
2
Q2 2026 sales
2
Q2 2026 volume
$5.7M
Q2 median
$2.843M
Area
Snyderville Basin, areas 10-23
Q2 2025 sales
12
Q2 2026 sales
32
Q2 2026 volume
$44.8M
Q2 median
$1.475M
Area
Jordanelle, areas 24-29
Q2 2025 sales
41
Q2 2026 sales
70
Q2 2026 volume
$98.3M
Q2 median
$1.366M
Area
Heber Valley, areas 30-47
Q2 2025 sales
21
Q2 2026 sales
22
Q2 2026 volume
$15.3M
Q2 median
$487K
Area
Kamas Valley, areas 50-53
Q2 2025 sales
8
Q2 2026 sales
14
Q2 2026 volume
$15.3M
Q2 median
$813K
Area
Primary market total
Q2 2025 sales
91
Q2 2026 sales
144
Q2 2026 volume
$180.5M
Q2 median
$1.200M

Two subareas explain much of the attention

South Jordanelle recorded 41 sales and $58.2 million in volume, compared with three sales a year earlier. Promontory recorded 21 sales and $33.3 million in volume, compared with five a year earlier. Combined, the two subareas represented 62 transactions.

The Board said South Jordanelle’s increase almost certainly reflected bulk closings in a new residential or master-planned community. This report retains that attribution but does not claim independent proof. Promontory’s figures likewise describe reported closings, not the legal or physical quality of any available lot.

Parcel diligence controls the decision

A land comparison should verify zoning, legal access, utilities, water and sewer arrangements, topography, geotechnical conditions, building envelope, design review, fees, approvals, wildfire and insurance questions, and a current construction plan.

The Q2 table identifies where transactions were concentrated. It does not establish buildability, future value, construction cost, or suitability for a specific buyer.

Methodology

  1. 1.Transcribed the official Q2 2026 land table and selected subarea counts from the Park City Board of REALTORS release.
  2. 2.Calculated Jordanelle’s 48.6% share as 70 divided by the 144 primary-market transactions.
  3. 3.Summed South Jordanelle’s 41 sales and Promontory’s 21 sales to show the two-subarea concentration without treating the sets as identical products.

Limits

  • The source data is preliminary and subject to revision.
  • Bulk or master-planned closings can make transaction counts unlike ordinary individual-lot activity.
  • Area medians and volume do not establish parcel-level value, buildability, entitlement, or future performance.

Sources and provenance

Park City Board of REALTORS, 2026 second-quarter statistics

Retrieved: September 29, 2026; published September 3, 2026 for period ending June 30, 2026

MLS-area statistics serving Summit and Wasatch Counties. Figures are preliminary and may change with late reporting.

Companion article

Where Q2 land sales concentrated and what a parcel buyer still needs to verify

Read Kamee’s practical interpretation
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