Wasatch Back Quarterly Market Reports 2017 Q3 Wasatch Back Market Report | Page 5

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. SINGLE FAMILY HOME $ Average and Median Sales Price AVERAGE SALES PRICE 12% $1,531,931 med ave med Q3 2015 ave med Q3 2016 Q3 2017 single family home MEDIAN SALES PRICE 1% $1,761,083 ave med 0 Q3 2017 Q3 2013 Q3 2017 vacant land ave med Q3 2014 med Q3 2015 ave med Q3 2017 condo/townhome MEDIAN SALES PRICE 60% $595,000 AVERAGE SALES PRICE 2% $501,967 Q3 2016 ave ave 100 K med ave 27 UNITS 200 K Q3 2014 Q3 2017 single family home 300 K ave 400 K med Q3 2013 500 K ave 600 K 0 700 K 200 K Average and Median Sales Price $385 K 400 K 600 K 800 K 1 .0 M 1 .2 M 1 .4 M CONDOMINIUM & TOWNHOME 800 K 1 .6 M $ med Q3 2017 Q3 2017 condo/townhome MEDIAN SALES PRICE 3% $519,551 *Percentage change compared to the same time previous year. Please note small sample size. i An increase in the number of high-end single family home sites and one significant land sale increased the median price for the third quarter of 2017 compared to 2016. Takeaway: The number of single family homes sold doubled in the Jordanelle area this quarter with more homes sold than in the third quarter of last five years. Overall, the Jordanelle is experiencing growth due to new development opportunities providing consumers with a variety of product offerings, while prices of single family homes and condominiums remain stable. Q3 17 All statistics are based upon Park City Board of Realtors MLS data for the period of 7/1/17 to 9/30/17. © 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.