The greater Park City real estate market opened 2026 with a split personality. Single-family home sales surged forward with impressive momentum, transactions up 14% and total volume up 9% from Q1 2025, while the condominium market hit the brakes hard, posting steep declines in both units sold and total volume. Below the headline numbers, however, the story is more nuanced: prices held firm or rose in most areas, and the broader rolling 12-month data (April 2025 through March 2026) tells a much more stable, even optimistic tale. If Q1 felt like a mixed bag, context reveals a market that remains fundamentally healthy.