Park City, Heber Valley, Jordanelle & Kamas Valley Real Estate Trends
July brought a slower pace across much of the Wasatch Back, though each market told a different story. Park City pricing remained strong despite fewer transactions, Heber Valley continued to see impressive appreciation, Jordanelle experienced a quieter month, and the Kamas Valley showed encouraging signs of renewed buyer activity. As always, looking beyond the headlines and into each individual market provides the clearest picture of what’s happening.
Park City & Snyderville Basin Real Estate Market Update
Real estate activity was unseasonably slow in July, with pended sales down 10% compared to July a year ago. When reviewing where that activity was centered, it was clear that Promontory accounted for about 25% of the total activity across new listings, pended properties, and closed properties. When we remove Promontory from the equation and compare it to last year’s numbers, pended activity is actually down 25%. With Old Town and Canyons Village having the most sales, and cash sales accounting for 60% of activity, the buyer profile has skewed away from our typical summer market. Historically, we have seen August be a rebound month after slower-than-usual Julys, so there is a bit of optimism; however, it is clear that external volatility is playing a role in buyers’ decision-making process.
July 2026 Four Numbers to Know – Park City & Snyderville Basin
- Median Sales Price: $2,218,000
- Closed Sales: 76
- New Listings: 182
- Pending Sales: 97
Heber Valley Real Estate Market Update
Heber Valley continued to stand out in July, with home values remaining strong even as inventory and pending sales slowed. Closed sales held steady, suggesting buyers are still active, but taking more time to make decisions. Well-priced homes continue to attract attention, while buyers are benefiting from a little more breathing room than they had over the past few years.
July 2026 Four Numbers to Know – Heber Valley
- Median Sales Price: $965,000
- Closed Sales: 45
- New Listings: 62
- Pending Sales: 44
Jordanelle Real Estate Market Update
July was a quieter month for the Jordanelle area. Sales activity slowed, fewer homes went under contract, and median pricing softened compared to last year. Even so, the area continues to benefit from long-term investment and remains one of the Wasatch Back’s most closely watched markets.
July 2026 Four Numbers to Know – Jordanelle
- Median Sales Price: $1,248,000
- Closed Sales: 19
- New Listings: 57
- Pending Sales: 25
Kamas Valley Real Estate Market Update
The Kamas Valley posted one of the more interesting shifts this month. While sales and median price were lower than they were a year ago, pending sales increased dramatically, suggesting buyers may be returning as inventory grows and pricing adjusts. It will be worth watching to see if that momentum carries into the fall.
July 2026 Four Numbers to Know – Kamas Valley
- Median Sales Price: $570,000
- Closed Sales: 11
- New Listings: 39
- Pending Sales: 19
Looking Ahead
As we move into August, buyers continue to have more choices than they’ve had in recent years, with increased inventory creating new opportunities across the Wasatch Back. Sellers who price their homes appropriately and present them well are still seeing strong results, while overpriced listings are taking longer to sell.
Every market across the Wasatch Back is behaving a little differently, making local knowledge more important than ever. Whether you’re considering buying, selling, or simply keeping an eye on the market, understanding what’s happening in each community provides the best perspective on today’s real estate landscape.
At Inside Park City Real Estate, we’re here to help you navigate the market with trusted local expertise. If you have questions about your neighborhood or your real estate goals, we’re always happy to help.
August 2026 Monthly Events
August 1-8
Summit County Fair
COALVILLE
August 1-15
Deer Valley Music Festival Concerts
PARK CITY AND DEER VALLEY
August 6, 13 & 20
Heber Market on Main
HEBER CITY MAIN STREET
August 7-9
Park City Kimball Arts Festival
HISTORIC MAIN STREET, PARK CITY
Every Saturday
Midway Farmer’s Market
MIDWAY TOWN SQUARE
August 28-30
Wasatch Boomerfest Music Festival
WALLSBURG
