Wasatch Back Quarterly Market Reports 2017 Year End Wasatch Back Market Overview

JORDANELLE Jordanelle is the picturesque area surrounding the Jordanelle Reservoir. Just minutes from Park City this area includes communities such as Hideout Canyon, Tuhaye, Victory Ranch, Soaring Hawk, and more. 2014 2017 single family homes AVERAGE SALES PRICE 9% $1,430,191 med avg 100 K avg med 2015 avg med 2016 2017 single family homes MEDIAN SALES PRICE 9% $1,551,570 avg med 0 2017 2017 vacant land MEDIAN SALES PRICE 13% $445,500 avg 2013 med 2014 avg med 2015 2017 condos/town homes med 200 K avg 300 K med 2013 400 K avg 500 K 0 600 K 125 UNITS 200 K Average and Median Sales Price 400 K 600 K 800 K 1 .0 M 1 .2 M 700 K 1 .4 M 800 K 1 .6 M CONDOMINIUMS & TOWN HOMES $ Average and Median Sales Price SINGLE FAMILY HOMES K $ avg med avg med 2016 2017 2017 condos/town homes AVERAGE SALES PRICE 4% $473,947 MEDIAN SALES PRICE 0% $481,681 *Percentage change compared to the same time previous year. Please note small sample size in some instances. i Takeaway: As more buyers are discovering the unique amenities and easy access to Park City and the surrounding areas that the Jordanelle provides, it’s easy to see why the Jordanelle area saw a 66% increase in the volume of single family homes sold and a significant increase in homesites sold from 2016 to 2017. 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. © 2018 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc. ® Equal Housing Opportunity. Information not verified or guaranteed.

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