Why Live in Silver Summit
Silver Summit is an upscale mountain community in the Wasatch Mountain Range known for its luxurious yet rural atmosphere. The neighborhood features a prominent country club and equestrian presence, with ample opportunities for outdoor recreation such as hiking, mountain biking, golfing, and skiing. Deer Valley Resort, located about 10 miles south, is a renowned ski area. Silver Summit boasts a low crime risk, safer than the national average. The community offers access to scenic trails like Spring Creek Trail and Bad Apple Trail, and the Glenwild Golf Club and Spa, ranked as Utah's best course by Golf Digest in 2023. Homes in Silver Summit vary from contemporary houses on multiacre lots to luxury mansions with high-end amenities, and condos with communal pools and fitness centers. The local schools, including Trailside School, Ecker Hill Middle School, and Park City High School, are highly rated. While retail options are limited, residents can enjoy Lush’s Tennessee BBQ and shop at Anaya's Market Park City. Essential services and additional shopping are available a few miles west. Silver Summit is approximately 10 miles from downtown Park City and 30 miles from Salt Lake City, with limited public transportation options.
Home Trends in Silver Summit, UT
On average, homes in Silver Summit, UT sell after 123 days on the market compared to the national average of 50 days. The median sale price for homes in Silver Summit, UT over the last 12 months is $4,150,000, up 22% from the median home sale price over the previous 12 months.
Median Sale Price
$4,150,000
Median Single Family Sale Price
$5,250,000
Median Townhouse Sale Price
$960,000
Median 1 Bedroom Sale Price
$542,500
Average Price Per Sq Ft
$885
Number of Homes for Sale
11
Last 12 months Home Sales
42
Median List Price
$5,250,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
22%