Wasatch Back Quarterly Market Reports 2019 Q2 Wasatch Back Market Report

PARK CITY LIMITS The heart of Park City spans from the world-class Deer Valley® Resort to the iconic white barn, McPolin Farm. Park City Proper includes the neighborhoods: Old Town, Thaynes Canyon, Deer Valley, Aerie, Prospector, and Park Meadows. SINGLE FAMILY HOMES med avg med 2016 avg med 2017 avg med 2018 avg med 0 2019 UNITS 185 147 151 165 164 2019 single family homes AVERAGE SALES PRICE 18% $2,857,348 2019 single family homes MEDIAN SALES PRICE 9% $2,075,000 avg med 2015 avg med 2016 avg med 2017 200 K 600 K 800 K 1 .0 M 300 K 2015 1 .2 M 1 .4 M 400 K avg Average and Median Sales Price 1 .6 M 600 K 0 CONDOMINIUMS & TOWN HOMES 900 K 1 .2 M 1 .8 M 2. 1 M 2.4 M 1 .5 M $ Average and Median Sales Price $ avg med avg 2018 med 2019 UNITS 375 280 325 351 300 2019 vacant land MEDIAN SALES PRICE 27% $1,042,500 2019 condos/town homes AVERAGE SALES PRICE 12% $1,126,326 2019 condos/town homes MEDIAN SALES PRICE 2% $805,000 *Percentage change compared to the same time previous year, rolling 12 month format. Please note small sample size in some instances. i Takeaway: The single family home market remains strong throughout Park City Limits with activity levels increasing significantly in Park Meadows and Upper Deer Valley. As inventory in Old Town and other neighborhoods becomes more constrained, prices have moved upward in single family homes. Although volume of condominium sales is down, median sales price remains stable. Also, there were fewer very expensive condominium sales in the past 12 months compared to the same time period last year. Q2 19 All statistics are based upon Park City Board of Realtors MLS data for the period of 7/1/18 to 6/30/19. © 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 Q2 Wasatch Back Market Report | Page 3