Wasatch Back Quarterly Market Reports 2018 Q3 Wasatch Back Market Report | Page 7
EAST SUMMIT COUNTY
Known as the “Gateway to the Uintas,” the charming Kamas Valley within East Summit County boasts endless outdoor activities.
The East Summit County area includes the neighborhoods of Woodland, Francis, Kamas, Marion, Oakley, Weber Canyon, Peoa,
Browns Canyon, Wanship, Hoytsville, Coalville, Echo, and Henefer.
SINGLE FAMILY HOMES
$
Average and Median Sales Price
800 K
2014
2015
2016
2018
single family homes
AVERAGE
med
2017
avg
med
0
2018
2018
single family homes
18%
6% 21%
2014
AVERAGE
SALES PRICE
13%
$432,000
$222,281
med avg
2015
med
2016
avg
med
med avg
2017
avg
med
2018
vacant land
MEDIAN
SALES PRICE
avg
50 K
SALES PRICE
$595,146
avg
100 K
med
150 K
avg
200 K
med
250 K
85 UNITS
avg
med
300 K
avg
350 K
0
100 K
200 K
300 K
600 K
400 K
Average and Median Sales Price
400 K
700 K
500 K
VACANT LAND
$
med
2018
2018
vacant land
MEDIAN
SALES PRICE
10%
$122,000
*Percentage change compared to the same time previous year, rolling 12 month format. Please note small sample size in some instances.
i
Takeaway: East Summit County saw an increase in average and median sales price with a decrease in number
of single family homes sold over the last 12 months. As the quantity of land sales remains stable throughout East
Summit County, the median sales price increased and the average sales price decreased, mostly due to one large
land sale in the previous 12 months. The ‘Gateway to the Uintas’ continues to be popular amongst people downsizing
from Park City, looking to find entry level inventory, or searching for large estate lots to build their dream home.
Q3
18
All statistics are based upon Park City Board of Realtors MLS data for the period of 10/1/17 to 9/30/18.
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