Wasatch Back Quarterly Market Reports 2019 Q1 Wasatch Back Market Report

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 avg 2015 med 2016 2019 single family homes AVERAGE SALES PRICE 5% $1,471,940 avg med 2017 avg med 2018 2019 single family homes MEDIAN SALES PRICE 35% $1,127,500 avg med 0 2019 2019 vacant land AVERAGE SALES PRICE 7% $499,778 avg med 2015 med 2016 avg med avg 2017 2019 condos/town homes AVERAGE SALES PRICE 12% $556,427 avg 100 K med 2018 200 K 300 K 400 K 500 K 600 K 700 K avg 800 K 0 Average and Median Sales Price 131 UNITS 200 K CONDOMINIUMS & TOWN HOMES $400 K 400 K 600 K 800 K 1 .0 M 1 .2 M 1 .4 M 1 .6 M $ avg med 2019 2019 condos/town homes MEDIAN SALES PRICE 7% $559,000 *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. The availability of new condominium construction inventory was prevalent as the number of condominiums sold over the past 12 months increased 11%. Tuhaye and Hideout remain stable in the number of vacant land sales but with the maturation of the Victory Ranch area, few luxury lots were available for purchase which affected the overall number of vacant land sales over the past 12 months. Although fewer higher priced properties were sold this past year than the previous 12 months the market remains strong in the Jordanelle area. FIRST QTR 2019 All statistics are based upon Park City Board of Realtors MLS data for the period of 4/1/18 to 3/31/19. © 2019 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.

Wasatch Back Quarterly Market Reports 2019 Q1 Wasatch Back Market Report | Page 5