SNYDERVILLE BASIN
Snyderville Basin begins at the iconic white barn , McPolin Farm , off Highway 224 and includes the neighborhoods : The Canyons , The Colony , Sun Peak , Bear Hollow , Silver Springs , Old Ranch Road , Kimball , Pinebrook , Summit Park , Jeremy Ranch , Glenwild , Silver Creek , Trailside Park , Silver Creek , Promontory , and Quinn ’ s Junction .
$ |
SINGLE FAMILY HOMES Average and Median Sales Price |
$ |
CONDOMINIUMS & TOWN HOMES Average and Median Sales Price |
1.6 M |
|
800 K |
|
1.4 M 1.2 M 1.0 M 800 K 600 K 400 K 200 K 0 |
372 UNITS $ 983 K $ 705 K
avg med 2013
|
327 UNITS $ 1.09 M $ 775 K
avg med 2014
|
334 UNITS $ 1.25 M $ 881 K
avg med 2015
|
353 UNITS $ 1.38 M $ 959 K
avg med
2016
|
389 UNITS $ 1.43 M $ 1.02 M
avg med 2017
|
700 K 600 K 500 K 400 K 300 K 200 K 100 K
0
|
240 UNITS $ 364 K $ 326 K
avg med 2013
|
262 UNITS $ 393 K $ 361 K
avg med
2014
|
359 UNITS $ 441 K $ 400 K
avg med 2015
|
303 UNITS $ 542 K $ 440 K
avg med med 2016
|
302 UNITS $ 585 K $ 502 K
avg med 2017
|
2017 single family homes |
2017 single family homes |
2017 vacant land |
2017 condos / town homes |
2017 condos / town homes |
AVERAGE SALES PRICE |
MEDIAN SALES PRICE |
MEDIAN SALES PRICE |
AVERAGE SALES PRICE |
|
MEDIAN SALES PRICE |
3 % 6 % 1 %
8 % 14 %
$ 1,429,255 $ 1,019,000 $ 450,000 $ 585,069 $ 502,500
* Percentage change compared to the same time previous year . Please note small sample size in some instances .
i
Takeaway : Overall , Snyderville Basin saw a 7 % increase in the number of single family homes sold from 2016 to 2017 . The area of Old Ranch Road saw a significant increase in median sales price , but stability in the number of single family homes sold . Additionally , Pinebrook , Jeremy Ranch and Summit Park continue to provide excellent opportunities for consumers seeking single family homes below $ 1M ; while the Kimball Junction area provides condominium opportunities for buyers with a median price under $ 500K .
YEAR END
2017
All statistics are based upon Park City Board of Realtors MLS data for the period of 1 / 1 / 17 to 12 / 31 / 17 .
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