Park City · Knoxville, TN

Is Now a Good Time to Sell in Park City, Knoxville?

The median home in Park City sells for $190,000 with prices down 8% year-over-year. Ridley's flat fee saves you $2,201.

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Park City Real Estate Market Conditions

45out of 100

Ridley Sell Score

How it's scored →

Cooling

45/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Park City market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Tennessee average is 5.9.

Price MomentumFavors buyers

Prices down 8.389585342% year-over-year — vs. -0.3% statewide.

Seller LeverageFavors buyers

Homes selling at 87.85% of asking — buyers are negotiating 12.2% below list. Tennessee average is 97%.

Bidding ActivityFavors buyers

6.25% of homes selling above list price — 52% below the Tennessee average of 13%.

Sale SpeedNeutral

57 median days on market — 32 days faster than the Tennessee average.

Market UrgencyFavors buyers

6.67% of listings go pending within 2 weeks — vs. 22.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Tennessee average is 21.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$190,000

-8%

Days on Market

57

Price per Sq Ft

$186

Sale-to-List Ratio

87.85%

Homes Sold

16

Sold Above List

6.25%

Pending in 2 Weeks

6.67%

Source: public market records

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Knoxville — delivered monthly.

Your savings

How much can you save selling in Park City?

$0Estimated savings

That could furnish your new living room — save 1.2% of your home value

$190,000

$50,000$10M

Traditional Agent (3%)

$5,700

Ridley Pro (flat fee)

$3,499

Ready to sell in Park City?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Park City

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$5,700$3,499$999
Buyer agent$5,3202.8% avg$3,800~2% avg$3,800~2% avg
Closing costs (~1.5%)$2,850$2,850$2,850
Total cost$13,870$10,149$7,649
You save$2,201$4,701

Based on the Park City median home price of $190,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Park City

A flat fee of $3,499 instead of the typical $5,700 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Park City market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Park City buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $2,201 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Park City

Ready to sell in Park City?

Save $2,201

Get Your Selling Strategy