The data from January presents a mixed set of conditions across the Summit and Wasatch County real estate markets. Buyer activity remains selective, pricing has begun to soften in certain higher-priced segments, and inventory levels differ notably by location.
In Park City, the market has slowed compared to recent peak years. Pricing has adjusted downward in some areas, and the pace of sales has moderated. Buyer demand remains present, though transactions are taking longer to complete and negotiations have become more common.
The Heber Valley market is seeing a higher volume of new listings entering the market. At the same time, buyer activity has slowed, creating a short-term imbalance between supply and demand that may influence pricing trends if current conditions persist.
The Jordanelle area continues to show relatively strong market activity. Buyer demand has kept pace with increasing inventory levels, supporting a more balanced market environment compared to other submarkets in the region.
In the Kamas Valley, activity has increased, but overall transaction volume remains low. As a result, pricing and trend data can fluctuate significantly from period to period and should be viewed in that context.
Overall, current conditions highlight meaningful differences among submarkets within Summit and Wasatch counties, with each area responding differently to broader market forces.
Please reach out to any of our partners for details on how these numbers apply to your situation.
January 2026 by the Numbers
Park City (Park City Limits & Snyderville Basin)
- Median Sales Price: $2,125,000
- Closed Sales: 49
- New Listings: 107
- Pended Sales: 77
Heber Valley
- Median Sales Price: $1,170,000
- Closed Sales: 21
- New Listings: 61
- Pended Sales: 29
Jordanelle
- Median Sales Price: $2,150,000
- Closed Sales: 18
- New Listings: 53
- Pended Sales: 28
Kamas Valley
- Median Sales Price: $1,010,000
- Closed Sales: 9
- New Listings: 18
- Pended Sales: 6
February 2026 Monthly Events
February 1-28 (Except Mondays)
Returning to Wonder Exhibition
KIMBALL ART CENTER, PARK CITY
February 1, 4-8, 11-15, 18-22, 25-28
Life on the Edge Exhibit
SWANER ECO CENTER, PARK CITY
February 6
Party in the Peace Park 2026
WOODWARD, PARK CITY
Team USA Watch Party
UTAH OLYMPIC PARK, PARK CITY
February 6, 13, 20 & 27
Wheel Try It Pottery Class
KIMBALL ART CENTER, PARK CITY
February 7
Winter Festival 2026
WASATCH MOUNTAIN STATE PARK, MIDWAY
February 7,8 & 22
Deer Valley Creative Academy
DEER VALLEY RESORT, PARK CITY
February 14
Silver Sky Nights
CANYONS VILLAGE, PARK CITY
Valentine’s Special Train
HEBER VALLEY RAILROAD, HEBER CITY
February 25
Wednesday Night Lights
SOLIDER HOLLOW NORDIC CENTER, MIDWAY
February 27
Moonlight Snowshoe Hike
WASATCH MOUNTAIN STATE PARK, MIDWAY