Wasatch Front Quarterly Market Reports 2019 Q3 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. $ 2017 2018 2019 UNITS 4,855 5,059 5,073 4,940 4,872 2019 2019 single family homes single family homes AVERAGE SALES PRICE 9% $365,999 MEDIAN SALES PRICE TOWNHOMES Average and Median Sales Price 2016 2017 2018 2019 2015 2016 2017 2018 2019 185 193 212 198 180 546 563 658 566 563 2019 condominiums 2019 condominiums AVERAGE MEDIAN SALES PRICE 10% 14% $338,000 $220,703 SALES PRICE 2019 townhomes AVERAGE SALES PRICE 19% $209,500 9% $259,658 2019 townhomes MEDIAN SALES PRICE 10% $258,575 i Takeaway: Davis County saw a slight decrease in the number of sales among all property types. This trend has lasted for a full year. Davis County continues to have a shortage in dense affordable housing. For this reason, Davis County saw double digit appreciation over all property types. Affordable inventory is limited in Davis County which contributed to a 19% increase in the median sales price of a condominium. The increases in average and median sales prices over the past 12 months are due in part to the population growth in this beautiful county. 19 2015 *Percentage change compared to the same time previous year, rolling 12 month format Q3 MED $177 2016 2015 Average and Median Sales Price CONDOMINIUMS $ Average and Median Sales Price SINGLE FAMILY HOMES $ All statistics are based upon Wasatch Front Regional 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.