Wasatch Back Quarterly Market Reports 2018 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 HOMES $ Average and Median Sales Price 8% $1,513,486 avg med 2016 avg med 2017 2018 single family homes MEDIAN SALES PRICE 0% $1,575,000 avg med 0 2018 2018 vacant land AVERAGE SALES PRICE 8% $459,461 avg med 2014 avg 2015 med 2016 2018 condos/town homes AVERAGE avg avg 132 med 2018 single family homes AVERAGE med 100 K 2015 SALES PRICE 200 K avg 300 K med 2014 400 K avg 500 K 0 600 K 200 K 700 K K 400 K 600 K 1 .0 M 1 .2 M 1 .4 M 800 K Average and Median Sales Price 800 K 1 .6 M CONDOMINIUMS & TOWN HOMES $390 $ med avg med 2017 2018 condos/town homes MEDIAN SALES PRICE SALES PRICE 14% 16% $514,877 2018 $511,795 *Percentage change compared to the same time previous year, rolling 12 month format. Please note small sample size in some instances. i Takeaway: More buyers are discovering the unique amenities and easy access to Park City and the Wasatch Front from the Jordanelle area. Thus, the market in the Jordanelle area remains highly active in quantity of single family homes sold over the last 12 months. New ownership opportunities at Tuhaye and new product offerings in Hideout and Soaring Hawk contributed to a significant increase in average and median sales price of single family homes. A wide variety of condominiums and single family homesites abound in this picturesque area. 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. © 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.