Single-family transaction geography
Wasatch Back Single-Family Areas, Q2 2026
Research question
How did single-family transaction counts and prices vary across Wasatch Back MLS areas in the second quarter of 2026?
The five broad single-family areas of the Wasatch Back had very different transaction pools in the second quarter of 2026. Heber Valley recorded the most sales at 97, worth $147.2 million at a $940,000 median, while Park City proper recorded 29 sales at a $3.800 million median, per the Park City Board of REALTORS 2026 second-quarter statistics published September 3, 2026. Snyderville Basin recorded 77 sales at $2.250 million, Jordanelle 24 at $3.669 million, and Kamas Valley 22 at $595,000. Selected luxury subareas rest on samples as small as one to 17 sales: Empire Pass shows a single $25 million transaction, which is a fact about one home rather than a market level. This report publishes the area table so a comparable set can be chosen deliberately instead of borrowed from a regional median.
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
97
Heber Valley sales
Largest broad-area Q2 count in the source table
$3.80M
Park City broad-area median
Based on 29 Q2 sales
1 sale
Empire Pass sample
A $25M transaction, not a stable trend
Are broad-area counts and medians interchangeable?
Park City areas 1 through 9 recorded 29 sales and a $3.8 million median. Snyderville Basin recorded 77 sales and a $2.25 million median. Jordanelle recorded 24 sales and a $3.669 million median. Heber Valley recorded 97 sales and a $940,000 median, while Kamas Valley recorded 22 sales and a $595,000 median.
These medians describe different property pools. They should not be read as price steps for otherwise comparable homes or as evidence that one area gained more value than another.
Park City Board of REALTORS single-family results by broad area, Q2 2026
| Area | Q2 2025 sales | Q2 2026 sales | Q2 2026 volume | Q2 median |
|---|---|---|---|---|
| Park City, areas 1-9 | 24 | 29 | $148.8M | $3.800M |
| Snyderville Basin, areas 10-23 | 84 | 77 | $289.2M | $2.250M |
| Jordanelle, areas 24-29 | 26 | 24 | $111.2M | $3.669M |
| Heber Valley, areas 30-47 | 95 | 97 | $147.2M | $940K |
| Kamas Valley, areas 50-53 | 19 | 22 | $45.2M | $595K |
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
- 24
- Q2 2026 sales
- 29
- Q2 2026 volume
- $148.8M
- Q2 median
- $3.800M
- Area
- Snyderville Basin, areas 10-23
- Q2 2025 sales
- 84
- Q2 2026 sales
- 77
- Q2 2026 volume
- $289.2M
- Q2 median
- $2.250M
- Area
- Jordanelle, areas 24-29
- Q2 2025 sales
- 26
- Q2 2026 sales
- 24
- Q2 2026 volume
- $111.2M
- Q2 median
- $3.669M
- Area
- Heber Valley, areas 30-47
- Q2 2025 sales
- 95
- Q2 2026 sales
- 97
- Q2 2026 volume
- $147.2M
- Q2 median
- $940K
- Area
- Kamas Valley, areas 50-53
- Q2 2025 sales
- 19
- Q2 2026 sales
- 22
- Q2 2026 volume
- $45.2M
- Q2 median
- $595K
Sources: Park City Board of REALTORS, 2026 second-quarter statistics, retrieved September 29, 2026; published September 3, 2026 for period ending June 30, 2026.
How does sample size distort luxury subarea figures?
Old Town recorded seven sales with a $3.65 million median, and Park Meadows recorded 10 with a $3.95 million median. Promontory recorded 17 sales with a $6.6 million median. Glenwild recorded four sales with a reported $8.33 million median.
Empire Pass recorded one sale at $25 million. That single closing is important transaction evidence, but it cannot establish a stable average, median trend, or value for another home. Small samples need property-level comparable analysis and a longer observation window.
How should the area table be used to choose comparables?
A useful single-family comparison begins with the correct location and property form, then accounts for land, condition, age, improvements, views, access, services, association or club obligations, and current competition.
The broad-area figures help prevent an unrelated regional statistic from being attached to a home. They remain context, not an appraisal or forecast.
How were these figures produced?
- 1.Transcribed the official Q2 2026 single-family table and selected subarea counts from the Park City Board of REALTORS release.
- 2.Reported transaction counts alongside medians so small denominators remain visible.
- 3.Did not calculate appreciation from different quarterly transaction mixes.
What are the limits of this data?
- The data is preliminary and subject to late-reporting revisions.
- Broad areas contain materially different homes, lots, amenities, and price tiers.
- Small luxury-area samples can produce unstable medians and averages. No property-specific conclusion is supported by the area table alone.
What else does this report answer?
What does a single-family home cost in the Park City area?
It depends entirely on the area. Second-quarter 2026 medians ran from $595,000 in Kamas Valley to $3.800 million in Park City proper, per the Park City Board of REALTORS. A single regional figure would describe none of them.
Which Wasatch Back area has the most home sales?
Heber Valley, with 97 single-family sales in the quarter, worth $147.2 million at a $940,000 median. Snyderville Basin followed with 77.
Why are luxury subarea medians unreliable?
Because the samples are tiny. Several selected subareas rest on one to 17 sales, and Empire Pass shows a single $25 million transaction. One closing can move a subarea median by millions.
Is the Park City single-family market growing?
By area, not uniformly. Park City proper rose from 24 sales to 29 and Kamas Valley from 19 to 22, while Snyderville Basin fell from 84 to 77 and Jordanelle from 26 to 24.
How should a buyer use these area figures?
To choose a comparison set, not to price a home. Identify the areas that genuinely compete for the same buyer, then build a comparable set within them from closed sales of similar product, rather than applying a broad-area median to a specific address.
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
How to read Park City single-family statistics area by area
Read Kamee’s practical interpretation