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 |
359 UNITS $ 1.03 M $ 720 K
avg med 2014
|
351 UNITS $ 1.20 M $ 850 K
avg med 2015
|
327 UNITS $ 1.31 M $ 910 K
avg med 2016
|
365 UNITS $ 1.39 M $ 965 K
avg med
2017
|
376 UNITS $ 1.54 M $ 1.13 M
avg med 2018
|
700 K 600 K 500 K 400 K 300 K 200 K 100 K 0 |
239 UNITS $ 369 K $ 335 K
avg med
2014
|
299 UNITS $ 443 K $ 381 K
avg med
2015
|
354 UNITS $ 468 K $ 426 K
avg med 2016
|
308 UNITS $ 578 K $ 485 K
avg med med 2017
|
307 UNITS $ 578 K $ 500 K
avg med 2018
|
2018 single family homes |
2018 single family homes |
2018 vacant land |
2018 condos / town homes |
|
2018 condos / town homes |
AVERAGE SALES PRICE
11 %
MEDIAN SALES PRICE
MEDIAN SALES PRICE
AVERAGE SALES PRICE
MEDIAN SALES PRICE
17 % 8 % 0 %
0 %
$ 1,543,951 $ 1,132,296 $ 484,575 $ 578,319 $ 500,000
* Percentage change compared to the same time previous year , rolling 12 month format . Please note small sample size in some instances .
i
Takeaway : Snyderville Basin remained stable in the number of single family homes sold over the last 12 months . Summit Park , Jeremy Ranch , and Silver Creek continue to provide opportunities for consumers seeking properties below $ 1M . An increase in the number of buyers locating to these neighborhoods has resulted in a significant increase in median sales price of single family homes across Snyderville Basin . Condominiums in this area have remained stable in average and median price providing opportunity for buyers .
Q2 18
All statistics are based upon Park City Board of Realtors MLS data for the period of 7 / 1 / 17 to 6 / 30 / 18 .
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