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        <title>Real Estate Blog</title>
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        <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/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.


 
 ]]> </description>
    <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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    <guid>https://www.nchevreparkcityrealestate.com/blog/reflecting-on-2025-and-being-ranked-top-ten-at-summit-sothebys-international-realty.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/reflecting-on-2025-and-being-ranked-top-ten-at-summit-sothebys-international-realty.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>Proud to be Recognized as Top Ten Ranked Luxury Real Estate Advisor at Summit Sotheby's International Realty in Park City Utah in 2025</title>
    <description> <![CDATA[ 



Reflecting on 2025 | Being Ranked Among the Top Ten at Summit Sotheby's International Realty in Park City Utah


As I reflect on 2025, I am deeply grateful and humbled to share that I closed the year ranked among the top ten agents in production volume at Summit Sotheby's International Realty. As a luxury real estate advisor based in Park City Utah, this recognition represents far more than numbers. It reflects the trust my clients place in me and the relationships built over many years.


My business is rooted in people and trust. Every client relationship is personal, and being invited into important decisions is something I never take lightly. Guiding buyers and sellers as they find a place that becomes home, a mountain retreat, or the start of a new chapter is the most meaningful part of my work.


This ranking reflects a referral driven business built on consistency, thoughtful strategy, and long term relationships. It would not be possible without the incredible clients who continue to believe in me and refer friends and family. Your trust means everything to me.


I am also grateful for the partnership I share with my husband and business partner, Jean Marc. His insight, steadiness, and support are at the heart of our success. Watching our son Cameron recently join the business has added another layer of meaning to this journey, and I am truly enjoying seeing him step into this work with curiosity and heart.


Serving clients in Park City and the surrounding communities is a privilege. I am thankful, motivated, and excited for what lies ahead.


 
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    <pubDate>Sat, 14 Mar 2026 19:00:00 -0500</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/where-is-the-upper-tier-of-the-park-city-luxury-market-heading-in-2026.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/where-is-the-upper-tier-of-the-park-city-luxury-market-heading-in-2026.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>Where Is the Upper Tier of the Park City Luxury Market Heading in 2026?</title>
    <description> <![CDATA[ 



At the upper end of the Park City market, three areas are showing real strength.


Over the past year, the shift has not been about overall demand. It has been about focus. Buyers at the top of the market are allocating capital with greater intention, and that discernment is shaping where liquidity is concentrating.


1. New or Fully Re Imagined Homes Continue to Lead


The divide between new or fully re imagined homes and older inventory has widened. Buyers are showing little interest in renovation projects unless pricing reflects a meaningful discount.


Time has become a premium asset. Sophisticated buyers are prioritizing completion, design relevance, and ease over potential upside. Homes that feel current in scale, finishes, and architectural integrity are trading with greater confidence.


This is not about size. It is about readiness.


2. Amenity Rich Communities Are Commanding Strength


Communities that provide a full lifestyle ecosystem continue to outperform.


In 2025, Promontory recorded $555,521,890 in total sales across 111 transactions, reflecting strong year over year growth in both volume and activity. Properties with the ability to purchase a full golf membership traded at an average 25 premium over homes limited to social membership.


That premium is telling.


Access to golf, wellness facilities, dining, programming, and club infrastructure is not secondary. It directly influences value and liquidity. Buyers are underwriting the full experience, not simply the residence.


3. Gated Ski In Ski Out Acreage Is Seeing Renewed Momentum


At the very top of the market, gated ski in ski out communities offering acreage and privacy are gaining traction.


The Colony at White Pine Canyon provides a strong example. In 2025, there were 10 transactions, a 150 increase year over year. Total volume reached $178,772,514, with an average sales price of $17,877,251. Lots averaging roughly five acres offer a level of land and seclusion that is increasingly rare within a resort setting.


When ski access is paired with privacy and scale, buyers respond.


Across these three segments, a common thread emerges.


Completion. Amenity depth. Privacy.


The upper tier of the Park City market remains active, but the decisions being made are deliberate. Capital is flowing toward finished product inside strong ecosystems and toward rare land positions with enduring scarcity.


For executives, founders, and investors evaluating resort market exposure, understanding where demand is concentrating matters. If you would like to discuss how this positioning applies to your own portfolio or future plans in Park City, I welcome a thoughtful conversation.
 ]]> </description>
    <pubDate>Tue, 17 Feb 2026 09:15:00 -0600</pubDate>
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    <guid>https://www.nchevreparkcityrealestate.com/blog/2026-park-city-real-estate-pulse.html</guid>
    <link>https://www.nchevreparkcityrealestate.com/blog/2026-park-city-real-estate-pulse.html</link>
        <author>negar.parkcity@gmail.com (Negar Chevre)</author>
        <title>The 2026 Park City Luxury Real Estate Pulse: Why &quot;Stabilization&quot; is the New Luxury Opportunity</title>
    <description> <![CDATA[ 





Park City recently closed 2025 with $5.75 billion in sales, the second-highest volume in our history. But as we move deeper into 2026, the strategy for luxury buyers and sellers must shift from &quot;speculative growth&quot; to economic precision.


We aren't just &quot;slowing down&quot;; we are recalibrating. In this new &quot;Foundation Mode,&quot; the market is rewarding quality over quantity and wisdom over hype.


The 2026 Reality: Deer Valley East Village


The biggest story in North American skiing is unfolding right now in our backyard. However, there is a significant &quot;Information Gap&quot; regarding what is open versus what is coming. Here is the current 2026 status:






The Gates are Open: On January 28, 2026, we celebrated the ribbon-cutting of the East Village Express Gondola. This 10-passenger system now links the new base area to Park Peak in just 15 minutes, doubling Deer Valley’s footprint to 4,300 skiable acres this season.






The &quot;Construction-to-Community&quot; Gap: While the Grand Hyatt Deer Valley is already hosting guests, the permanent 88,000-square-foot East Village Lodge is currently under construction. With the concrete structure complete, we are on track for substantial completion by September 2026, with full skier services debuting for the 2026/27 season.






The Luxury Horizon: The true global center of gravity arrives in 2028 with the opening of Four Seasons and the recently announced Waldorf Astoria.






The Takeaway: We are currently in a unique &quot;Value Gap.&quot; Early movers in projects like Marcella (where all 144 estate lots have already sold) and Cormont (now under construction) are betting on the transition from a live construction site to a world-class village core.


The Rise of the &quot;Small House Premium&quot;


A fascinating trend is emerging in the 2026 data: total sales volume is leveling, but price-per-square-foot is rising, specifically in the $950–$1,150 range.


Buyers are no longer seeking raw square footage; they are seeking Turnkey Excellence. A 4,500-square-foot home with modern wellness amenities and smart-home integration is currently outperforming a 7,000-square-foot legacy estate with dated finishes. In 2026, we aren't just selling &quot;space&quot;, we are selling time and lifestyle readiness.


Neighborhood Spotlights: 2026 Outlook






Promontory: Golf-access remains the most resilient asset class in the Wasatch Back. We are seeing continued demand for &quot;Adventure Cabins&quot; that offer low-maintenance luxury without sacrificing club access.






Tuhaye: Now established as a primary luxury powerhouse, median prices here are hovering near the $6 million mark, driven by multi-generational families seeking expansive views and long-term privacy.






Canyons Village: As the village continues to mature, we are seeing a shift toward &quot;Lifestyle Investment&quot; condos, where rental yields are secondary to personal usage during the peak 2026 season. The demand for the high-end ski-in ski-out properties in the private and gated Colony at White Pine Canyon neighborhood surged in 2025 with average prices surpassing $17 million.  






Negar's Take: For sellers, 2026 rewards pricing accuracy, not optimism. For buyers, the &quot;gridlock&quot; of high rates is easing, creating a window to enter the market before the next cycle of appreciation takes hold. In this &quot;foundation mode&quot; year, the winner isn't the one with the most listings—it’s the one with the best data.


About the Author:


Negar Chevre-Shams is a premier Luxury Real Estate Advisor at Summit Sotheby’s International Realty, specializing in the high-end markets of Park City, Deer Valley, and Promontory. With over 25 years of global experience in private equity and technology, Negar provides a sophisticated, data-driven approach to the Utah luxury market.


Recognized by RealTrends as one of the Top 1,000 agents in the U.S., Negar has closed over $600 million in sales volume, establishing herself as a top 1 producer. Known for her &quot;Art of Storytelling&quot; marketing philosophy, she helps discerning buyers and sellers navigate complex transactions in The Colony at White Pine Canyon, Deer Crest and Empire Pass with professional precision and local economic insight.


 ]]> </description>
    <pubDate>Sat, 31 Jan 2026 18:13:00 -0600</pubDate>
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