Wasatch Front Quarterly Market Reports 2018 Q1 Wasatch Front Market Report - Page 6

DAVIS COUNTY Davis County is a vibrant recreation and entertainment hub with unbeatable outdoor adventures. Davis County includes Bountiful, Centerville, Clearfield, Clinton, Farmington, Fruit Heights, Kaysville, Layton, North Salt Lake, South Weber, Sunset, Syracuse, Val Verda, West Point, Woods Cross, and South Hooper. $ Average and Median Sales Price AVERAGE 7% $319,177 2017 2018 2018 single family homes MEDIAN SALES PRICE 8% $290,000 TOWN HOMES Average and Median Sales Price MEDIAN SALES PRICE 11% 2014 $175,000 13% $225,351 2016 AVERAGE SALES PRICE MED 2015 2018 town homes 9% $187,064 UNITS AVERAGE 2018 2018 condominiums SALES PRICE K 2018 condominiums 2017 2016 2015 2014 2016 2018 single family homes SALES PRICE 2015 2014 CONDOMINIUMS $ Average and Median Sales Price SINGLE FAMILY HOMES $ 2017 2018 2018 town homes MEDIAN SALES PRICE 13% $220,000 *Percentage change compared to the same time previous year, rolling 12 month format i Takeaway: Davis County has seen strong appreciation over the last 12 months, especially in the average and median price of town homes. Similar to Salt Lake County, Davis County saw a slight decrease in the number of single family homes sold. Overall, we expect an increase in the development of Davis County, specifically in construction of condominiums and town homes. All statistics are based upon Wasatch Front Regional MLS data for the period of 4/1/2017 to 3/31/2018. FIRST QTR 2018 © 2018 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.