Market analytics · June 2026 archive
Park City, Utah real estate market report.
Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from UtahRealEstate.com and the Washington County Board of Realtors.
Updated · Sources: UtahRealEstate.com & Washington County Board of Realtors
June 2026 · Market Analysis
Park City closings hit warp speed in June as listings cross 1,000 for the first time in a year.
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The defining story of Park City's June 2026 market is how fast the homes that sold actually sold. The median days on market fell to zero — meaning more than half of the 63 closings went under contract the same day they were listed — a dramatic shift from 23 days in May, 33 in April, and 82 in January. That speed at the closing table stands in sharp contrast to the broader supply picture: active inventory reached 1,002 homes in June, up from 838 in May and 651 a year ago in June 2025, giving buyers the widest selection Park City has seen in this stretch of the market cycle.
Market pulse
Median days on market traced a striking arc over the past six months: 82 days in January, 36 in February, 28 in March, 33 in April, 23 in May, and then zero in June — meaning the typical June closing went under contract on the day it was listed. That speed is concentrated in the over-$700K segment, where 59 of 63 closings occurred and the median days on market also registered zero. Active inventory, meanwhile, climbed from 616 in January to 731 in April, 838 in May, and 1,002 in June — a 54% increase from June 2025's 651 active homes. The sale-to-list ratio recovered to 97.52% in June after dipping to 95.36% in April, and 9 of 63 closings came in above list price, suggesting that the homes moving quickly are priced to move, not discounted.
Mortgage context
The 30-year conventional rate sits at 6.75% as of early July, up 0.125 percentage points over the past 30 days from 6.625% — and up from February's monthly average of 6.19%, the low point of the past seven months. For Park City buyers, however, the more relevant number is the jumbo rate: at 7.375%, it applies to most purchases here given that the median sale price of $1,900,000 puts the typical loan well above conforming limits. That jumbo rate has been climbing alongside conventional rates since February, and it is the figure that shapes real affordability decisions for the bulk of buyers in this market.
Payment math
At the current jumbo rate of 7.375% on a $1,900,000 Park City home with 20% down ($1,520,000 loan), the monthly principal-and-interest payment reaches approximately $10,493 — $126 more than 30 days ago when the rate stood at 6.625% on the conventional side, and $559 above the February low when the 30-year averaged 6.19% and the principal-and-interest payment would have been $9,300 (using the conventional-rate benchmark from SIGNALS: current conventional payment $9,859, February low $9,300, delta
If you're buying
With 1,002 active listings and inventory building steadily since January, buyers in Park City have real negotiating room — particularly on homes that have been sitting. Target properties in Jeremy Ranch, Pinebrook, and Summit Park that have been listed more than 60 days; the sale-to-list ratio on those slower-moving homes has been running closer to 95% than the market-wide 97.52%, which translates to meaningful dollars at these price points. The 16 June closings that involved a price reduction before going under contract are a signal worth watching: sellers who have already cut once are often willing to negotiate further, especially as the jumbo rate at 7.375% narrows the buyer pool.
If you're selling
The zero-day median is real, but it reflects a specific kind of seller success: homes priced at or below the market's current expectations are moving the same day they list, while the 45 closings that went below list price in June show that overpriced inventory is still getting pushed back. Price your home relative to what similar homes sold for in the past 60 days — not last spring's peak — and lean on the warm summer selling window to maximize showings before the fall shoulder season arrives. In Silver Springs and Ecker Hill, where June closings came in at $3,050,000 and $2,547,500 respectively, well-prepared homes at accurate prices are still commanding strong results.
Outlook
Active inventory crossing 1,000 homes while closings run at 63 per month means it would take roughly 16 months to sell everything currently listed at this pace — a supply-heavy condition that gives buyers leverage heading into late summer. Seasonally, Park City's market tends to slow after Labor Day as second-home and Deer Valley-area buyers shift attention away from summer recreation, so sellers who haven't gone under contract by mid-August face a longer wait. If the jumbo rate holds at or above 7.375% through the fall, expect the buyer pool for homes above $3 million to thin further, putting additional downward pressure on list prices in that segment.
Watch for
At the current pace of new listings — 236 in June alone, nearly double May's 167 — active inventory could cross 1,200 homes by September if closings don't accelerate, which would likely push the sale-to-list ratio toward the low 94% range for homes priced above $2 million.
"Instant closings, a thousand listings, and jumbo rates at 7.375% — Park City's summer split is wide open."
Common questions about Park City this month
Is Park City a buyer's or seller's market in June 2026? ▾
It depends on the price point and the specific home. The zero-day median days on market suggests that well-priced homes are moving immediately, which favors sellers who price accurately. But with 1,002 active listings and only 63 closings in June, buyers have substantial selection and real negotiating room — particularly on homes that have been sitting for more than 60 days or have already taken a price cut.
Why did homes sell so fast in June if there are so many listings? ▾
The zero-day median reflects a split market: the homes that sold were priced to move and attracted immediate offers, while a large portion of the 1,002 active listings are sitting at prices the current buyer pool won't support. In Park City, a handful of quick closings can pull the median to zero even when most of the inventory is moving slowly — the 75th percentile of days on market was still 19 days, meaning a quarter of closings took longer than that.
What does the jumbo rate mean for Park City buyers right now? ▾
Most Park City purchases exceed conforming loan limits, so buyers are looking at the jumbo rate of 7.375% rather than the conventional 30-year rate of 6.75%. On a $1,900,000 home with 20% down, that jumbo rate puts the monthly principal-and-interest payment around $10,493 — meaningfully higher than what buyers faced in February when rates were lower. That cost is one reason the buyer pool for homes above $2 million has narrowed even as inventory has grown.
Are sellers cutting prices in Park City? ▾
Yes — 16 of the 63 homes that closed in June had already taken at least one price reduction before going under contract. That's the first month this data has been tracked reliably, so no direct comparison to prior months is available, but the figure represents about one in four closings. It's most common in the over-$700K segment, where 59 of 63 closings occurred and where the gap between median list price ($2,811,500) and median sale price ($1,900,000) is widest.
How does June 2026 compare to June 2025 in Park City? ▾
Closings fell from 71 in June 2025 to 63 in June 2026, while active inventory grew from 651 to 1,002 — a 54% increase in supply with fewer buyers closing. The median sale price rose from $1,500,000 to $1,900,000, though that shift partly reflects a mix change toward higher-priced closings rather than uniform appreciation. The sale-to-list ratio was nearly identical: 97.84% in June 2025 versus 97.52% in June 2026.
Number of Listings
Active inventory · new listings · sold per month
Listing Prices
Active median list · new median list · sold median sale
Absorption Rate
Months of supply — active inventory ÷ monthly sold rate
Sale-to-List Ratio
Close price ÷ original list — buyer/seller leverage
Days on Market
Median days from listing to close
Price Volume
Total dollar volume — active · new · sold per month
June 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
64 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 0 · 25th percentile 0 · 75th percentile 17
Needed a price change
Sold listings that had a recorded price change before close
16 of 64 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.
Sales by price band
Closed-price bucket → sold count and median days to contract
Top subdivisions this month
Ranked by closed count
- 1. Silver Creek 4 sold · $1,235K · 2d
- 2. Silver Springs 3 sold · $3,050K · 0d
- 3. Park City 2 sold · $3,749K · 105d
- 4. Ecker Hill 2 sold · $2,548K · 7d
- 5. Quarry Springs At Pinebrook Condo 2 sold · $975K · 0d
June 2026 by property type
How each housing type performed last month — 63 closings total across subtypes.
Summary Statistics
| Metric | Jun-26 | Jun-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 64 | 71 | -9.86% | 375 | 441 | -14.97% |
| Median Sale Price | $1,855,000 | $1,500,000 | +23.67% | $1,958,008 | $2,107,679 | -7.10% |
| Median DOM | — | 27 | — | 31 | 31 | 0.00% |
| Sale-to-List Ratio | 97.43% | 97.84% | -0.42% | 96.75% | 97.10% | -0.36% |
Sources: UtahRealEstate.com and the Washington County Board of Realtors, aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the final list price (post-reduction). Absorption rate = active inventory ÷ monthly sold rate.