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        <title>Real Estate Blog</title>
        <link>http://www.nchevreparkcityrealestate.com/blog/author/negar-chevre/</link>
        <description></description>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/park-city-q3-2025-market-report-resilience-precision-and-the-new-luxury-landscape.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/park-city-q3-2025-market-report-resilience-precision-and-the-new-luxury-landscape.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>Park City Q3 2025 Market Report: Resilience, Precision, and the New Luxury Landscape | Depend on our Expertise </title>
    <description> <![CDATA[ 



As the morning frost begins to cling to the mountain brush and the peaks receive their first dusting of white, Park City is preparing for more than just another world-class ski season. The third quarter of 2025 has signaled a sophisticated evolution in our local real estate landscape. What was once a market defined by scarcity has transitioned into a period of balanced growth, where discerning buyers are finding more opportunities, and sellers are navigating a return to &quot;normal&quot; market rhythms.


For those navigating this complex terrain, we provide the analytical depth and hyper-local insight required to excel in a market that remains one of the nation’s premier destination icons.


Market Snapshot Q3 2025: Market Resilience, Higher Inventory, Bifurcated Market


The Park City real estate market continued to show strength and resilience through the third quarter of 2025, reflecting steady and balanced growth across the region. Sales increased 6 across all property types in the Greater Park City area, while total sales volume reached $5.5 billion, a notable 25 year-over-year gain.


Two key trends continued to define the market this quarter: first, the segmentation between newer luxury homes and older, more traditional properties, with high-end buyers consistently favoring new construction and modern design; and second, increasing demand for homes in private, amenity-rich communities that offer a luxury lifestyle experience, including access to on-mountain facilities, curated services, and exclusive membership programs.


As available inventory surpassed 1,000 units for the first time in nearly a decade, a clear understanding of the market's complexities is more important than ever for both buyers and sellers.


Demand: Pended Sales Q3





The first three quarters of 2025 reflect a return to typical market rhythms, closely aligning with averages seen during stable, pre-pandemic years. Pended sales across condos (CO), single family homes (SF), and vacant land (VL) have held steady throughout 2025, signaling consistent buyer activity despite elevated interest rates and a more discerning market. While pended sales are down from the extraordinary highs of 2020 and early 2021, this normalization is expected and healthy. Q3 2025 sits well above recession-era levels and aligns with the market’s strongest performing years outside of the pandemic surge.


Demand: Closed Sales Q3


 


Closed sales also experienced a slight rise in Q3. The Greater Park City area recorded a 6.4 increase in overall sales year over year, performing far better than the slight decline seen nationally. Every area except Kamas Valley posted meaningful growth, and single family sales were up roughly 20 in both Park City and Snyderville Basin. Luxury properties above $2.5 million continued to lead the market, with unit sales climbing 38 and total sales volume rising 50 year over year. Homes below $2.5 million experienced modest growth, with a 2 increase in unit sales and 4 increase in volume.


High net worth buyers continue to drive the market, motivated by lifestyle, exclusivity, and long-term value rather than interest rates. Over 60 percent of luxury transactions closed in cash, reflecting the strength and confidence of this segment. Demand is increasingly concentrated on newer, highly amenitized properties, with Deer Valley’s East Village expansion quickly becoming a focal point. In the third quarter alone, the Deer Valley East Village accounted for more than 10 percent of all new development transactions in the Greater Park City area, underscoring its appeal among luxury buyers seeking modern design, premier ski access, and private club amenities. 


Supply: Inventory Levels


 


On the supply side, inventory is moving upward in a meaningful way. Active listings rose 4.3 and Q3 marked the first time post COVID that available inventory exceed 1,000 units. This marks a significant turning point in supply conditions where the market is transitioning from a scarcity-driven environment to one where buyers have more time and options. 


 


At the same time, demand has strengthened. The increase in available product is being met with a growing pool of buyers who remain highly motivated and engaged. While they now have more choices, the depth of demand across multiple segments continues to absorb new inventory, reinforcing the overall momentum in the market.


Supply: Absorption Rate





For sellers, one of the most important insights this quarter is the premium buyers are placing on new construction. Many are willing to pay a 20 to 30 premium for pristine, move-in-ready new construction over older homes that require updating. This shift is echoed in Promontory, where land sales rose 260 compared to the same period last year (5 lots sold in Q3 2024 vs 18 sold in Q3 2025) and year to date transactions are up 37. A growing share of buyers are drawn to the opportunity to either purchase a spec designed home, or create a custom residence that aligns with their preferences and standards coupled with lifestyle amenity packages. 


As this market momentum continues, sellers of older homes face increasing pressure and need a clear strategy. In an environment where newer properties garner more attention, older homes must find ways to stand out, whether through strategic pricing, aesthetic updates, or enhanced presentation. Overpricing can lead to stagnation, as it is crucial to position the property in line with its age, finish level, and location to capture buyer interest. While the buyer pool for older homes is more limited, the current absorption rate of 5.7 months for 2025 illustrates that properties in desirable locations are still attracting steady interest when priced appropriately and are being absorbed at a healthy pace.


Prices: Median &amp; Average





Median prices for condos and single family homes rose 26 compared to 2024. Average prices followed closely, rising 21, underscoring the continued strength of the upper end of the market. The rise in both average and median prices is being driven in part by the volume of high-value, new construction transactions, particularly in areas such as Promontory, Deer Valley, the expanded Deer Valley East Village and Empire Pass.


 


When new construction is excluded, median prices still rose 6.7, well above the national average of approximately 2, demonstrating that demand remains strong for existing homes that are competitively positioned and in sought after locations. This sustained growth reinforces Park City’s standing as a premium destination market. While transaction volume has moderated from post-pandemic peaks, it remains steady, supporting overall price stability and providing sellers with continued confidence. Buyers are active across a range of price points, though the strongest engagement is concentrated around newer product, custom build opportunities, and properties offering robust amenity packages, all of which continue to drive pricing upward.





The Greater Park City market continues to demonstrate remarkable strength. Inventory has reached its highest level in a decade, supported by an increase in existing listings and new developments that provide buyers with more options than in recent years. At the same time, demand continues to rise across multiple segments, absorbing this new supply and contributing to sustained upward movement in pricing. Median values have increased meaningfully, driven in part by strong activity in the luxury sector and a deep pool of motivated buyers who are drawn to the quality of life offered in our mountain community. 


As trusted luxury advisors in our highly segmented market, we remain committed to guiding you with clarity and insight. Whether you are considering a purchase, preparing to sell, or simply looking to understand current conditions in your specific neighborhood, we are always available to assist, dive deeper, and answer any questions you may have.


 


 


 
 ]]> </description>
    <pubDate>Tue, 15 Dec 2026 13:39:00 -0600</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/what-5-million-to-15-million-buys-in-park-city-right-now.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/what-5-million-to-15-million-buys-in-park-city-right-now.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>What $5 Million to $15 Million Buys in Park City Right Now</title>
    <description> <![CDATA[ 



If you're considering purchasing a luxury home in Park City, one of the first questions you're likely asking is, &quot;What does my budget actually buy today?&quot;


The answer depends on far more than price alone. Location, views, ski access, privacy, architectural quality, and the overall lifestyle a property offers all play a significant role in determining value. While every home is unique, understanding what is generally available within each price range can help set realistic expectations and identify where the best opportunities may exist.


$5 Million to $7 Million


This price range offers an excellent entry point into Park City's luxury market.


Buyers can expect beautifully designed homes in many of Park City's premier communities, including Promontory, Tuhaye, Glenwild, Park Meadows, and select neighborhoods in Deer Valley and Canyons Village. Many properties offer mountain views, high quality finishes, outdoor living spaces, and 4 to 6 bedrooms. Newer construction and thoughtfully updated homes are common. While this budget provides access to exceptional properties, buyers should expect to make some tradeoffs. True ski-in/ski-out homes, expansive acreage, and the most coveted view lots generally command higher prices.


$7 Million to $10 Million


As budgets move into this range, buyers gain access to a broader selection of premier properties and some of Park City's most desirable locations.


Homes often feature larger floor plans, more sophisticated architecture, exceptional outdoor entertaining spaces, and premium finishes throughout. Depending on the community, buyers may find ski access, golf course frontage, panoramic mountain views, or greater privacy. In Deer Valley, this price range may include luxury residences in Empire Pass, newer construction in Deer Valley East Village, and select homes in Deer Crest. Buyers seeking more space, private club amenities, and larger homesites may also explore Promontory, Tuhaye, Glenwild, Park Meadows, and Thaynes Canyon. Inventory in this segment tends to be competitive because it appeals to both primary homeowners and second home buyers seeking a luxury mountain retreat.


$10 Million to $15 Million


This is where Park City's luxury market becomes truly exceptional.


Properties in this range frequently include custom architecture, premium homesites, expansive indoor and outdoor living areas, wellness amenities, wine rooms, guest accommodations, and seamless indoor-outdoor entertaining spaces.


Buyers may find true ski-in/ski-out residences in Deer Valley or Canyons Village, large estate homes in The Colony, golf estates in Promontory and Glenwild, or custom residences designed to maximize privacy and panoramic mountain views. At this level, buyers are investing as much in lifestyle as they are in the home itself.


It's Not Just About Square Footage


One of the biggest misconceptions among buyers relocating from larger metropolitan markets is assuming that value is measured primarily by square footage.


In Park City, the most valuable homes are often distinguished by attributes that cannot be replicated, including:




Direct ski access


Unobstructed mountain views


Privacy and surrounding open space


Proximity to golf, trails, and resort amenities


Architectural design and quality of construction


Rental potential, where permitted




These characteristics often have a greater influence on long-term value than the size of the home alone.


What We're Seeing in Today's Market


The luxury market has become more balanced than it was a few years ago. Buyers generally have more inventory to choose from in certain price ranges, giving them the opportunity to compare properties more carefully before making a decision.


That said, exceptional homes continue to attract strong interest and often sell quickly when they are priced appropriately. Properties with desirable locations, thoughtful design, and compelling value continue to outperform the broader market.


Final Thoughts


Whether your budget is $5 million or $15 million, Park City offers an extraordinary selection of luxury homes and lifestyles. The key is understanding which communities, property types, and amenities best align with your family's priorities and long-term goals.


Every buyer's definition of value is different. For some, it's waking up steps from the ski slopes. For others, it's a private golf community, panoramic mountain views, or a home designed to entertain family and friends for generations. Taking the time to understand the nuances of each neighborhood and the opportunities within your price range is one of the most important steps in making a confident and informed purchase.


If you're considering buying in Park City, I'd be happy to provide a personalized overview of what's currently available based on your lifestyle, priorities, and investment goals.
 ]]> </description>
    <pubDate>Fri, 17 Jul 2026 15:46:00 -0500</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/deer-valley-east-village-expansion-what-the-2627-winter-season-means-for-park-city-real-estate.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/deer-valley-east-village-expansion-what-the-2627-winter-season-means-for-park-city-real-estate.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>Deer Valley East Village Expansion: What the 26/27 Winter Season Means for Park City Real Estate</title>
    <description> <![CDATA[ 
 





Deer Valley Resort just released its updated build-out plan for the 2026/27 winter season, and it's another major milestone for the Deer Valley East Village expansion, the development that's reshaping the Park City real estate market. Building on what Deer Valley calls the largest resort expansion in ski industry history, the resort is adding new lifts, new terrain, and new base-area infrastructure that continue to make East Village one of the most closely watched real estate corridors in Utah.


Here's a breakdown of what's new, and why it matters if you're buying, selling, or investing in property near Deer Valley East Village.


Hail Peak Express: A New Lift Right at East Village's Doorstep


The headline addition for 26/27 is the Hail Peak Express, a new chairlift that departs directly from Deer Valley East Village and opens up 200 skiable acres and 7 new runs on the resort's easternmost edge. With 86 chairs and the capacity to move 2,400 skiers per hour, Hail Peak Express gives East Village residents and guests direct access to brand new, never-before-skied terrain, without needing to shuttle to another part of the mountain first.


For property owners and buyers in East Village, this is a big deal: proximity to a lift is one of the strongest value drivers in mountain resort real estate, and Hail Peak Express adds a second major access point (alongside the existing Deer Valley East Village Gondola) right from the neighborhood.


Hail Peak Express by the numbers:




200 new skiable acres and 7 new runs


86 chairs, 2,400 people per hour


8,099 feet of haul rope


1,130 feet of vertical rise




Deer Valley Now Sits at 4,500 Skiable Acres


Since December 2024, Deer Valley's skiable terrain has more than doubled. With Hail Peak Express online, the resort will reach 4,500 skiable acres, 209 runs, and 32 total lifts for the 26/27 season, cementing Deer Valley's position as one of the largest ski resorts in North America. Eleven new chairlifts have been added since the expansion began, including Keetley Express, Galena Express, Pioche Express, Neptune Express, Vulcan Express, Revelator Express, Pinyon Express, Hail Peak Express, and the Deer Valley East Village Gondola.


This kind of terrain and infrastructure growth is exactly what tends to support long term appreciation in ski-in/ski-out real estate as more lift capacity and more terrain mean less crowding and a better guest experience, both of which are top of mind for luxury mountain home buyers.


Deer Valley East Village Lodge Coming for 27/28


Construction is underway on the Deer Valley East Village Lodge, which will house an on site ski school, rentals, and a food hall when it opens for the 2027/28 season. A dedicated base lodge is a key amenity that typically increases the desirability,  and value, of surrounding residential real estate, giving East Village its own full-service hub rather than relying on other parts of the resort.


The Park Peak Lodge, also opening in 27/28, will add dining, a restaurant, and a bar, further building out the amenity base that supports the East Village and surrounding neighborhoods.


Family-Friendly Terrain and Snowmaking Upgrades


The resort is also adding a family-friendly snow feature zone near Pioche Express, with rollers and berms for a mild ski-cross experience, plus flowy terrain features on Humbug and a dedicated family area on the McHenry run. On the infrastructure side, a new 10 million gallon snowmaking reservoir near Park Peak will boost snowmaking capacity across the resort's east side, supporting more reliable early season conditions, which matters for both skiers and rental property owners depending on consistent season openings.


Why This Matters for Buyers and Sellers


Deer Valley's Expanded Excellence initiative, which includes East Village's new gondola, 1,200 day skier parking spaces, and now Hail Peak Express, is one of the most significant transformations in the resort's history. Each new lift, lodge, and terrain expansion adds to the case for Deer Valley East Village as a long term real estate opportunity in Park City:




Direct mountain access is expanding, with two lifts now serving East Village directly


New base-area amenities (lodge, food hall, ski school) are coming online in 27/28


Skiable terrain has more than doubled since December 2024, supporting resort wide demand


Infrastructure investment(snowmaking, parking, lift storage) signals a long runway of resort commitment to the area




If you're considering buying or selling property in Deer Valley East Village, these updates are worth factoring into your timeline, both the new lift opening this winter and the lodges arriving in 27/28 could shift buyer interest and pricing in the area.
 ]]> </description>
    <pubDate>Fri, 10 Jul 2026 17:16:00 -0500</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/just-listed-timeless-park-city-retreat-immersed-in-nature-minutes-from-world-class-skiing.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/just-listed-timeless-park-city-retreat-immersed-in-nature-minutes-from-world-class-skiing.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>JUST LISTED | Timeless Park City Retreat, Immersed in Nature, Minutes from World Class Skiing</title>
    <description> <![CDATA[ 
2555 Enclave Lane


4 Bedrooms . 7 Bathrooms . 4,926 sqft | Offered at $5,500,000





Nestled in aspens and pines in the exclusive community of Enclave at Sun Canyon, a development designed by renowned architect Michael Upwall, this impeccable residence that lives like new was originally a model home and occupies arguably the most desirable location in Phase II. It is set apart by one of the largest decks in the community and offers enhanced privacy, with increased distance from neighboring homes and beautifully landscaped tree barriers that create a tranquil, secluded setting.


Direct access to Rob’s Trail, one of Park City's most beloved and shaded hiking trails, is just steps from the front door. This scenic and shaded trail connects directly to the renowned Mid Mountain Trail, opening up to hundreds of miles of hiking and biking terrain that stretch across Park City's mountain landscape. Outdoor enthusiasts will appreciate the year-round access to nature, right outside their door. Adding to the rare sense of permanence and privacy, the 68 acres of land abutting the Enclave have been donated to the Summit Land Conservancy, ensuring that these pristine alpine surroundings will remain untouched and forever preserved.





Timeless in design and rich in quality, this ultra private luxury contemporary residence sits just up the street from skiing at Canyons Village and lives like a custom home, with floor to ceiling windows that dissolve the boundary between indoor and outdoor living. The open concept main level seamlessly blends the living room, dining area, and kitchen, centered around a striking floor to ceiling stone fireplace and surrounded by walls of glass that draw in natural light and mountain views.


Organic materials including stone, steel, wood siding, and live roof accents create a natural harmony with the surroundings, setting the tone for an intimate and peaceful living experience. Art collectors will appreciate the abundance of natural light and thoughtfully placed wall space throughout the home. Floating staircases lead to an ultra private upper level primary suite complete with its own fireplace and a luxurious bath retreat.


The lower level features two spacious guest bedrooms with ensuite bathrooms, a warm and inviting family room with a fireplace, a wet bar with wine fridge, a stylish office with an accent wall, a laundry room, and access to a private patio with its own fireplace. Additional spaces include a dedicated entertainment and game room with a game table, lounge area / movie room, along with a generously sized guest suite with its own ensuite bathroom.





Notable upgrades include a Savant Home Automation System, automatic shades in the main living spaces and all bedrooms, a water filtration that includes a reverse osmosis system and carbon filter for proper PH levels, a water softner, wallpaper in the bedrooms and select powder rooms, and extensive built-ins in the heated two car garage with floor drains. With hiking and biking trails right outside your door, world class skiing minutes away, and Park City's historic Main Street and Salt Lake International Airport easily within reach, this immaculate, contemporary residence offers a rare opportunity to experience the very best of Park City living in one of its most private and refined settings.





Call to schedule your own private showing today.
 ]]> </description>
    <pubDate>Tue, 16 Jun 2026 12:31:00 -0500</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/beyond-the-ranking-what-realtrends-verified-recognition-means-for-park-city-clients.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/beyond-the-ranking-what-realtrends-verified-recognition-means-for-park-city-clients.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>Beyond the Ranking: What RealTrends Verified Recognition Means for Park City Clients</title>
    <description> <![CDATA[ 



We’ve never measured our success by sales volume alone. 


We measure it in repeat clients and lives touched.


In referrals from clients who know we'll tell the truth, even when it’s not the easiest answer and become friends for life along the way.


In long conversations and advice about timing, risk, family, lifestyle, and what a property really means beyond the numbers.


Being recognized in the 2026 RealTrends Verified rankings is deeply meaningful, but what matters most is the trust behind it.


Jean-Marc, Cameron and I are incredibly grateful to our clients, friends, and colleagues who continue to place that trust in us 


 
 ]]> </description>
    <pubDate>Sat, 06 Jun 2026 08:47:00 -0500</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/185-white-pine-canyon-park-city-utah-an-ultra-private-bespoke-ski-in-ski-out-retreat-in-the-colony-a.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/185-white-pine-canyon-park-city-utah-an-ultra-private-bespoke-ski-in-ski-out-retreat-in-the-colony-a.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>185 White Pine Canyon | Park City | Sold Off Market | An Ultra Private Bespoke Ski-In Ski-Out Retreat in the Colony at White Pine Canyon</title>
    <description> <![CDATA[ 



185 White Pine Canyon | Just Sold Off Market | Sellers Represented


Success in the luxury real estate market is often defined by what is not spoken aloud. Discretion, timing, and exclusivity are the cornerstones of high value transactions. We are pleased to celebrate the successful off market sale of a premier ski in ski out estate located within the ultra private gates of The Colony at White Pine Canyon. Offered at an exclusive listing price of $14,500,000, this remarkable transaction underscores a critical truth in today’s luxury landscape: who you choose to represent your property matters entirely.


Crafting the Narrative


When managing legacy estates, the choice of your real estate advisor dictates the outcome. Achieving an exceptional result requires far more than mere market exposure. It demands a sophisticated strategy deeply rooted in trusted relationships, thoughtful storytelling, and a crystalline understanding of how to reach the right buyer quietly and effectively. Who you list with matters because high net worth buyers look for alignment with an elite lifestyle, not just square footage. Presenting that lifestyle requires an elevated, customized touch that only a premier advisor can deliver.


We are passionate champions of the Art of Storytelling, and ardent believers in the age old saying that a picture is worth a thousand words. For a property of this immense caliber, it is crucial to craft a narrative that resonates exclusively with qualified buyers, leveraging exceptional cinematic visuals to capture architecture and landscapes that defy simple description.





The Power of a Whispering Campaign


By implementing a highly strategic and curated whispering campaign, we facilitated a seamless transaction for this property without it ever reaching the public eye. In a market where luxury buyers and sellers continue to place an emphasis on discretion, this approach is the ultimate tool for preserving the complete privacy of both buyer and seller while generating an elite aura of exclusivity around the asset.


Tucked away on an ultra private, 4.8-acre lot in the exclusive and gated Colony at White Pine Canyon, this modern mountain sanctuary blends contemporary sophistication with enduring alpine character. Remodeled in 2020, the residence is designed for elevated living and entertaining, with true ski-in ski-out access to the base of the Flat Iron and Dreamcatcher lifts, and close proximity to the Quicksilver Gondola and the future Colony Club House scheduled to open in June of 2026. 





Your Next Chapter Awaits


Every luxury property has a unique story waiting to be told to the right audience. If you are ready to achieve an exceptional result for your own property through a bespoke, strategic selling approach, or if you desire exclusive access to the most coveted unlisted estates in the Greater Park City area, please reach out to us today. It would be our privilege to guide you through your next successful transaction with the utmost dedication and discretion.
 ]]> </description>
    <pubDate>Tue, 19 May 2026 14:31:00 -0500</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/negar-chevre-shams-recognized-as-a-top-producing-park-city-luxury-real-estate-advisor-for-q1-2026.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/negar-chevre-shams-recognized-as-a-top-producing-park-city-luxury-real-estate-advisor-for-q1-2026.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>Negar Chevre Shams Recognized as a Top Producing Park City Luxury Real Estate Advisor for Q1 2026</title>
    <description> <![CDATA[ 



I’m honored to share that I have been recognized by Summit Sotheby’s International Realty as a Top Advisor for Q1 2026, ranking 6th in Park City and the Wasatch Back.


This recognition reflects the continued trust of my clients, the strength of the Park City luxury real estate market, and my commitment to helping buyers and sellers make informed, confident decisions in one of Utah’s most desirable mountain communities.


As a luxury real estate advisor in Park City, I specialize in high end homes, ski properties, new construction, and distinctive mountain retreats across Park City and the greater Wasatch Back. My work includes advising clients in some of the area’s most sought after communities, including Deer Valley, Empire Pass, Old Town, Promontory, Tuhaye, The Colony, Glenwild, Park Meadows, Silver Springs, and Canyons Village.


With 25 years of real estate experience and 13 years focused on the Park City market, I bring a strategic, thoughtful, and highly personalized approach to every transaction. My clients include full time residents, second home buyers, investors, and lifestyle driven buyers seeking a Park City getaway for skiing, hiking, biking, golf, fly fishing, and year round mountain living.


Park City continues to attract sophisticated buyers who value natural beauty, access to world class recreation, privacy, community, and proximity to Salt Lake City International Airport. For sellers, strong representation, thoughtful positioning, and expert local market knowledge remain essential in achieving the right outcome.


I’m grateful to my clients, referral partners, colleagues, and the Summit Sotheby’s International Realty network for their continued confidence and support. Recognition like this is meaningful because it reflects the relationships and results behind the work.


If you’re considering selling a luxury home in Park City or exploring the right mountain property in Park City, Deer Valley, or the Wasatch Back, I’d be happy to serve as a trusted local resource.


 
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    <pubDate>Fri, 01 May 2026 21:13:00 -0500</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/greater-park-cit-area-market-update-march-2026-depend-on-our-expertise.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/greater-park-cit-area-market-update-march-2026-depend-on-our-expertise.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>Greater Park City Area Market Update March 2026 | Depend On Our Expertise</title>
    <description> <![CDATA[ 



Market Snapshot March 2026 - Your Market, Our Expertise, Wasatch Back Data


If you were a Seller or a Buyer in the Greater Park City Area in the month of March you found our market to be active, resilient, and surprisingly broad in its reach. With $474 million in sales volume and 215 homes sold, March showed that serious buyers were in the market and quality inventory continued to move. What stands out even more is the depth of the market, with sales ranging from $325K to $25.3M, a reminder that the Wasatch Back continues to attract a wide range of buyers across many price points and property types. At an average sold price of $638 per square foot, March reflected a market that remains competitive, but still nuanced where pricing, presentation, and timing matter more than ever.





There are 3 things you need to pay attention to and be aware of in the real estate market for the Greater Park City area:





 


1. With 215 transactions and a broad spectrum of price points from just $325K to over $25 million, demand remains consistent across all property types and price points.


 





 


2. March reflected a more balanced market, with inventory rising to nearly 6 months and the list to sales price ratio at 97.4. Buyers have more options and a little more room to be selective, while well positioned, updated, and properly priced homes are still drawing strong interest. This is a market that rewards strategy over speculation, with both buyers and sellers needing to be thoughtful, realistic, and informed.


 





 


3. The Greater Park City market continues to reward homes that are priced correctly from the start. In March, 47 of homes went under contract within the first 30 days, and those properties achieved the strongest sale to list price ratio at nearly 99. That is a meaningful signal. Buyers are active and willing to move quickly when they see value, but they are also disciplined and far less likely to chase properties that miss the mark on pricing, particularly if they don't meet their key criteria. For sellers, the takeaway is clear: the first 30 days matter, and strategic pricing remains one of the most important factors in achieving a strong result.


 


Depend On Our Expertise


Navigating a market this diverse requires more than just data; it requires a strategic partner who understands the nuances of the Wasatch Back. Whether you are preparing to list a unique property or searching for the perfect mountain retreat, our team is dedicated to achieving the results you expect. We welcome the opportunity to discuss your specific goals during a private consultation.
 ]]> </description>
    <pubDate>Fri, 17 Apr 2026 12:44:00 -0500</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/the-canyons-village-skyway-is-coming-a-new-era-of-arrival-and-access.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/the-canyons-village-skyway-is-coming-a-new-era-of-arrival-and-access.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>The Canyons Village Skyway Is Coming: A New Era of Arrival and Access</title>
    <description> <![CDATA[ 



The Canyons Village Skyway and New Parking Structure Are Transforming Arrival at Park City Mountain


Canyons Village is entering an exciting new chapter, with major infrastructure improvements now underway that are set to reshape how people arrive at, move through, and experience one of Park City’s most important resort destinations. Park City Mountain has officially begun construction on the new Canyons Village Skyway, a free enclosed 10 person gondola that will replace the longtime Cabriolet, alongside the final phase of the Canyons Village Parking Structure. Both projects are expected to be delivered in time for the 2026 to 2027 ski season.


The Skyway Ushers in a New Chapter


For years, the Cabriolet served as a familiar part of the Canyons Village experience, carrying guests from the Lower Village up toward the resort base. Its open air format became a recognizable part of arriving at the mountain, but the new Skyway represents a meaningful step forward in comfort, efficiency, and overall guest experience. The Canyons Village Skyway will introduce enclosed 10 person cabins with floor to ceiling windows, offering a more modern and weather protected connection from the new parking structure to the Canyons Village Forum and surrounding base area.





A More Connected Village Experience


One of the most important parts of the new gondola is the addition of a mid station. While the gondola itself will improve the broader arrival experience for visitors, the mid station is expected to create even better access for nearby homeowners, lodging properties, and guests in the surrounding area. That added connectivity has the potential to make movement through this part of the village more intuitive and more convenient, particularly during busy ski weekends and holiday periods when ease of access matters most.





The Next Phase of Canyons Village Parking


At the same time, the final phase of the Canyons Village Parking Structure is moving ahead. The first two levels of the garage opened during the 2025 to 2026 season, and construction is now resuming on the remaining levels. Once completed, the parking structure is expected to play a major role in streamlining arrival into the village and helping organize circulation in a more efficient and thoughtful way. Rather than relying as heavily on dispersed surface parking, visitors will increasingly be funneled through a more centralized and coordinated arrival point.





A Better Experience for the Broader Canyons Village Community


Taken together, these projects represent far more than simple transportation upgrades. They reflect a broader investment in the long term future of Canyons Village and in the overall quality of the guest and homeowner experience. Easier parking, a more comfortable transition into the village, and stronger internal connectivity all contribute to a setting that feels more polished, more accessible, and better equipped for the next phase of growth.


For the surrounding public, this is welcome news. Whether visiting for skiing, dining, shopping, events, or simply spending time in the village, people can expect an arrival experience that feels more seamless and more refined. Public infrastructure has a direct effect on how a destination is perceived, and these upgrades reinforce Canyons Village as a place that continues to evolve in meaningful ways.


In a resort environment like Park City, first impressions matter. The way guests enter a village, move between parking and the base area, and connect to the mountain all shape the overall experience. The Canyons Village Skyway and expanded parking structure are designed to improve exactly those moments, bringing a stronger sense of ease and connectivity to one of the region’s most active resort hubs.


As construction moves forward, these improvements point to a very clear future for Canyons Village. This is not just about replacing an older lift or adding more parking. It is about creating a more complete and elevated arrival experience that better serves visitors, homeowners, and guests alike. With the new Skyway and parking structure on the way, Canyons Village is positioning itself for a more connected and more dynamic future.


For those considering buying, selling, or investing in Canyons Village, this kind of investment in access and infrastructure is worth paying close attention to. Improvements that enhance convenience, connectivity, and the overall guest experience can have a meaningful impact on how an area is perceived over time. If you would like to better understand what these changes may mean for property values, ownership experience, or opportunities in Canyons Village and Park City, our team would be delighted to help guide the conversation.
 ]]> </description>
    <pubDate>Wed, 01 Apr 2026 13:09:00 -0500</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/beyond-the-peaks-unveiling-the-2026-mountain-west-resort-report-what-it-means-for-park-city.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/beyond-the-peaks-unveiling-the-2026-mountain-west-resort-report-what-it-means-for-park-city.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>Beyond the Peaks: Unveiling the 2026 Mountain West Resort Report &amp; What It Means for Park City</title>
    <description> <![CDATA[ 



The definitive guide to luxury mountain living has arrived. Summit Sotheby’s International Realty is proud to present the 2026 Resort Report, our comprehensive annual lifestyle and real estate data guide that expertly compares nineteen of the most iconic ski and mountain communities throughout the Mountain West. If you are navigating the complexities of the luxury landscape—deciding where to plant your roots or deploy your capital—this report is your essential roadmap. We are diving deep into the data to show you not only where the market is heading but specifically how Park City continues to define the standard for alpine excellence.


Inside the 2026 Resort Report: Key Trends Driving the West


This year's report goes beyond standard metrics to analyze the specialized forces shaping our unique mountain microclimates. Our data reveals several significant shifts:






The Lifestyle First Mandate: For the first time, a majority of luxury advisors report that lifestyle, wellness, and direct access to nature are the primary drivers for a purchase, surpassing traditional investment return metrics.






The Four Season Phenomenon: The &quot;ski town&quot; label is evolving. The data highlights a dramatic rise in summer and autumn activity, with buyers prioritizing properties that offer seamless access to hiking and biking trail systems just as much as proximity to the slopes.






A Shift in Inventory Dynamics: We are observing a healthy normalization of inventory across these prominent markets. This return to pre-pandemic norms is rewarding strategic pricing and preparation, offering buyers more choices while supporting strong property values for well-positioned homes.






The Park City Perspective: Where Lifestyle Meets Value


The Park City Perspective: Where Lifestyle Meets Value


When we translate these broader trends to our local landscape, Park City emerges as a uniquely resilient and attractive market.






Unmatched Value Proposition: While some Colorado peers are seeing record breaking prices per square foot that can feel prohibitive, the 2026 data confirms that Park City continues to offer a world class experience and equivalent luxury amenities at a more accessible entry point. We remain a prime choice for those seeking the ultimate mountain lifestyle without sacrificing relative value.






The Ultimate Legacy Destination: The generational wealth transfer we are tracking globally is finding a home in Park City. Our gated communities, such as The Colony at White Pine Canyon, and private club offerings like Promontory, are specifically designed to be family gathering places that offer the security, privacy, and curated outdoor experiences that modern legacy buyers crave.






Capitalizing on Micro-Growth: While national headlines focus on general market stabilization, the Resort Report allows us to pinpoint specific pockets of growth. In Park City, the exciting expansion at Deer Valley and continued boutique development in Canyons Village are creating fresh inventory and unique opportunities that did not exist in recent years.









Navigating the luxury resort market requires sophisticated intelligence and a nuanced understanding of the unique microclimates that define the Mountain West. The 2026 Resort Report provides the data clarity you need, and my team is here to provide the local expertise required to translate those insights into your next move. Click the link below for your digital copy.


 View the Full 2026 Resort Report
 ]]> </description>
    <pubDate>Tue, 17 Mar 2026 11:43:00 -0500</pubDate>
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