Wasatch Front Quarterly Market Reports 2019 Year End Wasatch Front Quarterly 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 2016 2017 2018 2019 UNITS 3,684 3,933 3,805 3,832 3,994 2019 single family homes AVERAGE SALES PRICE 11% $308,240 2019 single family homes MEDIAN SALES PRICE 10% $270,000 TOWN HOMES Average and Median Sales Price 2019 252 301 303 301 254 2019 condominiums 2019 condominiums AVERAGE MEDIAN 2015 2016 2018 2017 MED $127 $138 K 2018 2017 2016 2015 2015 CONDOMINIUMS $ Average and Median Sales Price SINGLE FAMILY HOMES $ 2019 373 447 458 475 458 2019 townhomes AVERAGE SALES PRICE SALES PRICE 10% 14% 12% $188,658 $172,000 $231,259 SALES PRICE 2019 townhomes MEDIAN SALES PRICE 13% $212,000 *Percentage change compared to the same time previous year, rolling 12 month format. i Takeaway: Single family home sales in Weber County saw a 4% increase in the total number of homes sold in 2019. All property types saw double-digit appreciation over the past year, marking Weber County as the county with the strongest appreciation across the Wasatch Front. Condominiums and townhomes saw a decrease in the number of properties sold due to constrained inventory in the area, while the median sales price appreciated approximately 12-14%. Weber County continues to allow flexibility in zoning which lets builders and developers deliver product that consumers need more quickly than other areas across the Wasatch Front.