Wasatch Back Quarterly Market Reports 2018 Year End 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
med
2015
2018
single family homes
AVERAGE
SALES PRICE
7%
$1,534,511
avg
med
2016
avg
med
2017
2018
single family homes
MEDIAN
SALES PRICE
1%
$1,562,500
avg
med
0
2018
2018
vacant land
AVERAGE
SALES PRICE
1%
$478,522
avg
med
2014
avg
med
2015
avg med avg med
2016
2018
condos/town homes
AVERAGE
2017
avg med
2018
2018
condos/town homes
MEDIAN
SALES PRICE SALES PRICE
14% 10%
$537,932
avg
2014
100 K
200 K
300 K
400 K
136
med
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
$402
$
$527,670
*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. However, due to demand for single family homes and condominiums, land
sales throughout the Jordanelle area have increased 41%. Continued growth in the area, including new
development activity, promises to provide an increased variety of condominiums and single family homesites
in this picturesque area.
YEAR END
2018
All statistics are based upon Park City Board of Realtors MLS data for the period of 1/1/18 to 12/31/18.
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