Park City Q3 Housing Stats

The Q3 2025 Park City housing data just dropped — and the story isn't what the national media has been pushing. There are inventory shifts, pockets of real opportunity, and a few neighborhoods that are flat-out hot. Here's my neighborhood-by-neighborhood read.

Park City limits

Inside the city limits we saw 10% more homes sold and an 11% median price increase, while the average price rose only 1%. That combination is healthy and stable — the market is growing without the top end running away from everyone.

Snyderville Basin

Silver Springs posted price drops in both average and median — which I read as a buying opportunity in one of the most family-friendly, walkable neighborhoods in town. Pinebrook keeps climbing at about 9.4% year-over-year, almost exactly its ten-year trend line — a smart long-term buy. Jeremy Ranch is red hot, with strong volume and solid pricing. Glenwild was flat on quantity with luxury buyers still active but some pressure on mid-range product. Promontory is seeing more high-end properties move again — something we weren't seeing six months ago. The Basin overall posted 9% median growth, right on its long-term average.

Jordanelle — read the fine print

Jordanelle's median jumped 23% year-over-year, and that stat will surprise people. But here's the thing: it's driven by new construction and higher-end product coming online. If you're buying an existing home out there, price movement was essentially flat. Dig deeper before you let a headline number set your expectations.

Heber Valley & Kamas

Midway's average rose while its median fell — a few big sales skewing the top while most activity happens at the lower end, likely first-time buyers and investors. Kamas is softening: more sales and volume, but average prices down more than the median as buyers opt for cheaper homes. If you've been priced out before, Kamas is worth a fresh look.

Condos

Old Town, Canyons, and Bear Hollow all show softening on the luxury side with strong interest in more affordable, family-friendly options. If you're hunting for a ski condo, this could be your year. The exception is Jordanelle condos — up 6% median year-over-year, with Deer Valley's East Village expansion pushing that momentum.

The takeaway

This quarter rewards buyers and sellers who know the micro-market they're operating in. Some neighborhoods justify aggressive offers; others justify patience. If you want a game plan built on what the data actually says about your neighborhood, let's talk.