Wasatch Front Quarterly Market Reports 2018 Q1 Wasatch Front Market Report - Page 7

WEBER COUNTY Named one of the “Best Places for Business and Careers” by Forbes magazine, Weber County includes Farr West, Harrisville, Hooper, Huntsville, Marriott-Slaterville, North Ogden, Ogden, Plain City, Pleasant View, Riverdale, Roy, South Ogden, Uintah, Washington Terrace, and West Haven. $ Average and Median Sales Price 2018 single family homes AVERAGE SALES PRICE 10% $253,863 2017 2018 2018 single family homes MEDIAN SALES PRICE 12% $225,000 2014 2015 TOWN HOMES Average and Median Sales Price 2018 condominiums 2018 AVERAGE MEDIAN SALES PRICE 13% $129,500 2018 2018 town homes MEDIAN SALES PRICE 8% 16% $173,138 $166,000 *Percentage change compared to the same time previous year, rolling 12 month format. i Takeaway: Weber County continues to be the most affordable major county across the Wasatch Front. All property types saw a slight increase in the number of properties sold over the last 12 months. Despite the impressive appreciation across Weber County including an significant 16% increase in median price of single family homes. We expect to see affordability continue and strong growth in new construction across single family homes, 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 2017 AVERAGE SALES PRICE 2016 2015 2018 town homes 4% $152,859 MED 2014 $116 297 2017 2018 condominiums SALES PRICE 2016 2016 2015 2014 CONDOMINIUMS $ Average and Median Sales Price SINGLE FAMILY HOMES $ © 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.