Wasatch Back Quarterly Market Reports 2019 Q3 Wasatch Back Market Report

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. SINGLE FAMILY HOMES $ Average and Median Sales Price 700 K 0 med 2015 350 K med avg 2016 med 2017 avg med 2018 avg med 0 2019 UNITS 148 127 177 149 165 2019 single family homes AVERAGE SALES PRICE 6% 41% $823,187 avg med 2015 avg med 2016 avg med 2017 100 K 150 K $157 200 K 50 K avg 250 K 300 K $84 avg Average and Median Sales Price 100 K 200 K 300 K 400 K 500 K 600 K VACANT LAND 400 K 800 K $ avg med med 2018 avg med 2019 UNITS 85 132 144 135 102 2019 single family homes 2019 vacant land MEDIAN AVERAGE SALES PRICE SALES PRICE 17% -3% $504,200 $215,904 2019 vacant land MEDIAN SALES PRICE 1% $123,500 *Percentage change compared to the same time previous year, rolling 12 month format. Please note small sample size in some instances. i Takeaway: East Summit County, The Gateway to the Uintas, continues to grow and expand. Single family home sales have increased 9% over the past year with average and median prices reflecting the desirability of the area. In addition, estate homes on large land parcels contributed to the 41% increase in average sales price. Wanship, Hoytsville, Coalville, and Rockport touted a 26% increase in the quantity of homes sold as people discover these beautiful neighborhoods. Kamas and Marion continue to be highly- desirable single family home markets with median sales price up 41%. East Summit County is popular among people downsizing from Park City, looking to find entry level inventory, or searching for large estate lots on which to build their dream home. Q3 19 All statistics are based upon Park City Board of Realtors MLS data for the period of 10/1/18 to 9/30/19. © 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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