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Luxury Home Sales in Park City, Deer Valley and Heber City, Utah | Luxury Real Estate Market Trends | Million Dollar Home Trends
Utah luxury homes sales trends in Summit and Wasatch Counties for 2007 - Statistics, Home Prices, Trends, News, Housing Figures

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Luxury Home Sales in Utah’s Summit and Wasatch Counties

Analyzing Residential Sales of Over $1 Million


October 15, 2007

How many million dollar home sales have Summit and Wasatch Counties posted over the past seven years? In a research study conducted by using data from the Wasatch Front Regional Multiple Listing Service (WFRMLS) there have been 103 total sales above the $1,000,000 mark. These sales averaged 108 days listed on the market before securing a contract for purchase.

 There were only 14 homes sold above the $2.5 million mark. Only half of that number sold above $4.0 million. The largest sale was for a property in Deer Crest Estates of Summit County. It sold on March 12, 2007 for $8,455,000. This property had 10,494 square feet, resulting in a sale of $805.70 per square foot. This property had seven bedrooms, seven full baths, three family rooms/dens, two kitchens, nine fireplaces with .76 acres of land. Surprisingly there was only one laundry room and no marble floors in this estate.


The charts below display a summary of home sales in the two counties:


Total Listings for Wasatch and Summit Counties Since Jan 2000: 693

Median Home  Price

Average Home Price

Lowest Home Price

Highest Home Price

Avg Market Time







 Million Dollar Home Sales Since 1-1-2000 to 10-14-2007


List Price Range

# Listings Sold 

 Avg Days on Mkt











































and over





Source: WFRMLS and This information is deemed to be reliable, however WFRMLS and do not guarantee accuracy.




Links to other reports:

Million Dollar Properties on the Utah Market

Luxury Residential Property Trends

Park City Home Values Increase Over the Past Ten Years

Luxury Home Amenities & Buyer Demands

Park City and Deer Valley Luxury Home Trends (Summit & Wasatch County Trends)

Utah Luxury Condo Market











Equity Real Estate Logo


Barry J. Preusz
REALTOR | Luxury Property Specialist

Equity Real Estate, 1218 East 7800 South, Salt Lake City, Utah 84094

Office: 801-890-3770

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