Land transaction geography
Wasatch Back Land-Sale Concentration, Q2 2026
Research question
Where were Wasatch Back land transactions concentrated in the second quarter of 2026, and what can those counts not establish?
Wasatch Back land sales rose sharply in the second quarter of 2026, but the increase was concentrated rather than regional. The primary market recorded 144 land closings, up 58% from 91 a year earlier, worth $180.5 million at a $1.200 million median, per the Park City Board of REALTORS 2026 second-quarter statistics published September 3, 2026. Jordanelle alone accounted for 70 of those sales, 48.6% of the total, worth $98.3 million. Snyderville Basin rose from 12 sales to 32. South Jordanelle and Promontory together reported 62 sales, so two subareas explain most of the regional figure. Heber Valley recorded 22 at a $487,000 median and Park City proper just 2. A regional land statistic cannot price a parcel, and this report sets out the diligence that actually decides a land purchase.
Research by Kamee Shrope
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
Was the regional increase 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 | Q2 2025 sales | Q2 2026 sales | Q2 2026 volume | Q2 median |
|---|---|---|---|---|
| Park City, areas 1-9 | 2 | 2 | $5.7M | $2.843M |
| Snyderville Basin, areas 10-23 | 12 | 32 | $44.8M | $1.475M |
| Jordanelle, areas 24-29 | 41 | 70 | $98.3M | $1.366M |
| Heber Valley, areas 30-47 | 21 | 22 | $15.3M | $487K |
| Kamas Valley, areas 50-53 | 8 | 14 | $15.3M | $813K |
| Primary market total | 91 | 144 | $180.5M | $1.200M |
Sources: Park City Board of REALTORS, 2026 second-quarter statistics, retrieved September 29, 2026; published September 3, 2026 for period ending June 30, 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
Sources: Park City Board of REALTORS, 2026 second-quarter statistics, retrieved September 29, 2026; published September 3, 2026 for period ending June 30, 2026.
Which subareas account for most of the activity?
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.
What parcel-level diligence controls a land 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.
How were these figures produced?
- 1.Transcribed the official Q2 2026 land table and selected subarea counts from the Park City Board of REALTORS release.
- 2.Calculated Jordanelle’s 48.6% share as 70 divided by the 144 primary-market transactions.
- 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.
What are the limits of this data?
- 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.
What else does this report answer?
Are land sales increasing in the Park City area?
Yes, sharply, but unevenly. The primary market recorded 144 land closings in the second quarter of 2026, up 58% from 91, per the Park City Board of REALTORS. Two subareas account for most of the increase.
Where is most Wasatch Back land activity concentrated?
Jordanelle, with 70 of the 144 primary-market sales, or 48.6%, worth $98.3 million. South Jordanelle and Promontory together reported 62 sales.
What does a Wasatch Back lot cost?
The primary-market median was $1.200 million in the second quarter of 2026, but area medians ranged from $487,000 in Heber Valley to $2.843 million in Park City proper on only two sales.
Does a rising land market mean any lot will appreciate?
No. The regional count is dominated by two subareas, and land value depends on the individual parcel: access, utilities, slope, setbacks, build envelope, HOA or club obligations, and the cost and timeline to build.
What should a buyer check before buying land here?
Confirm utility access and connection costs, the build envelope and height limits, any design review or club requirements, seasonal access, and the full cost and schedule to build, before relying on any area median.
Where do these numbers come from?
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