Wasatch Back Quarterly Market Reports 2017 Q2 Wasatch Back Market Report | Page 6
EAST SUMMIT COUNTY
Open space and farmland encompass the scenic Heber Valley. This area features remarkable views of Mount Timpanogos Known as the “Gateway to the Uintas,” the charming Kamas Valley within East Summit County boasts endless outdoor activities.
and countless recreational opportunities. The Heber Valley includes the neighborhoods of Midway, Charleston, Provo Canyon, The East Summit County area includes the neighborhoods of Woodland, Francis, Kamas, Marion, Oakley, Weber Canyon, Peoa,
Heber, Daniels, and Timberlakes. Browns Canyon, Wanship, Hoytsville, Coalville, Echo, and Henefer.
Q2 2013
Q2 2014
Q2 2017
single family home
AVERAGE
SALES PRICE
2.70%
6%
$494,721
Q2 2015
Q2 2016
Q2 2017
single family home
MEDIAN
SALES PRICE
0.78%
$415,000
Q2 2017
Q2 2017
condo/townhome
AVERAGE
SALES PRICE
12.81%
$363,949
Q2 2013
50 K
Q2 2014
ave
Q2 2015
Q2 2016
Q2 2017
vacant land
AVERAGE
SALES PRICE
med
Q2 2017
0
Q2 2017
vacant land
MEDIAN
med
Q2 2013
ave
med
Q2 2014
ave
AVERAGE
3.67%
6%
$190,000
med
Q2 2015
SALES PRICE
1.33%
$435,318
ave
med
Q2 2016
ave
med
0
Q2 2017
Q2 2017
single family home
ave
Q2 2013
Q2 2017
vacant land
MEDIAN
AVERAGE
SALES PRICE
SALES PRICE
9.07%
84.35%
$326,750
$184,941
med
ave
med ave
Q2 2014
Q2 2015
med
med
Q2 2016
ave
ave
med
25 K
ave
Q2 2017
single family home
SALES PRICE
9.92%
$224,445
ave
75 K
med
100 K
50 K
ave
*Percentage change compared to the same time previous year
Q2
17
med
ave med med
125 K
0
ave
150 K
50 K
med
175 K
ave
100 K
200 K
med
150 K
Average and Median Sales Price
ave
200 K
VACANT LAND
$
Average and Median Sales Price
med
250 K
ave med
ave
med
0
ave
100 K
100 K
$185
200 K
150 K
UNITS
300 K
200 K
400 K
250 K 500 K 300 K
300 K 600 K 350 K
350 K 700 K 400 K
400 K 800 K
SINGLE FAMILY HOME
$
Average and Median Sales Price
VACANT LAND
$
Average and Median Sales Price
SINGLE FAMILY HOME
$
HEBER VALLEY
med
Q2 2017
Q2 2017
vacant land
MEDIAN
SALES PRICE
42.86%
$110,000
*Percentage change compared to the same time previous year
i i
Takeaway: The Heber Valley saw a 30% decrease in total quantity of single family homes sold compared to this time last Takeaway: East Summit County saw a decrease in average and median price of single family homes sold compared to this
year and approximately a 75% increase in total condominiums sold. Additionally, the Heber Valley saw a 45% increase in the time last year and approximately a 40% increase in median price of land sales specifically in the Kamas and Marion areas.
number of land sales. Affordable options continue to provide opportunities for home buyers. Overall, land sales in East Summit County are robust and proved buyers with a variety of options.
All statistics are based upon Park City Board of Realtors MLS data for the period of 4/1/17 to 6/30/17..
© 2017 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.
Q2
17
All statistics are based upon Park City Board of Realtors MLS data for the period of 4/1/17 to 6/30/17.
© 2017 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.