Wasatch Back Quarterly Market Reports 2019 Q2 Wasatch Back Market Report | Page 7

EAST SUMMIT COUNTY Known as the “Gateway to the Uintas,” the charming Kamas Valley within East Summit County boasts endless outdoor activities. The East Summit County area includes the neighborhoods of Woodland, Francis, Kamas, Marion, Oakley, Weber Canyon, Peoa, Browns Canyon, Wanship, Hoytsville, Coalville, Echo, and Henefer. 350 K 600 K 300 K 0 med 2015 avg med 100 K 50 K avg 2016 med 2017 avg med 2018 avg med 0 2019 UNITS 140 134 165 148 171 2019 single family homes AVERAGE avg 2015 avg med 2016 avg med 2017 avg med med 2018 avg med 2019 UNITS 86 112 139 143 104 2019 single family homes 2019 vacant land MEDIAN AVERAGE SALES PRICE SALES PRICE SALES PRICE 18% 6% 25% 20% $642,823 med K 150 K 200 K $72 K avg 250 K 100 K 200 K 300 K 400 K 500 K Average and Median Sales Price 700 K 400 K 800 K VACANT LAND $ Average and Median Sales Price SINGLE FAMILY HOMES $ $495,000 $207,981 2019 vacant land MEDIAN SALES PRICE 3% $129,250 *Percentage change compared to the same time previous year, rolling 12 month format. Please note small sample size in some instances. i Takeaway: The “Gateway to the Uintas” continues to be popular as the total number of single family homes sold over the past 12 months increased by 16%. The market also experienced significant increases in average and median sales price across East Summit County. Opportunities for single family homes under $500k are prevalent throughout this beautiful 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.