Wasatch Back Quarterly Market Reports 2019 Q2 Wasatch Back Market Report

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 200 K 100 K med avg 2015 med 2016 avg med 2017 avg med 2018 avg med 0 2019 UNITS 351 327 365 376 357 2019 single family homes AVERAGE SALES PRICE 9% $1,664,863 2019 single family homes MEDIAN SALES PRICE 11% $1,250,000 avg med 2015 avg med 2016 avg med 2017 avg med med avg 2018 300 K 400 K 500 K 200 K avg 600 K K 700 K 400 K 0 Average and Median Sales Price 600 K 800 K 1 .0 M 1 .2 M 1 .4 M CONDOMINIUMS & TOWN HOMES 800 K 1 .6 M $ med 2019 UNITS 299 354 308 307 276 2019 vacant land MEDIAN SALES PRICE 2% $493,000 2019 condos/town homes AVERAGE SALES PRICE 19% $693,982 2019 condos/town homes MEDIAN SALES PRICE 9% $549,000 *Percentage change compared to the same time previous year, rolling 12 month format. Please note small sample size in some instances. i Takeaway: Similar to Park City Limits, the increase in median single family home sales price in Snyderville Basin is more than double the national average. Ample opportunity exists at the lower end of the market (under the average/median price) in Kimball Junction and along the I-80 corridor. In Canyons Village, the number of condominiums sold is slightly fewer while average sales price increased significantly reflecting robust new development activity in the area. 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.

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