MARKET STATS Q3 2019 GREATER PARK CITY AREA Q3 2019 Market Report | Page 16

SUMMARY CONTINUED…
SUPPLY GREATER PARK CITY (AREA 1 THROUGH 23)
Inventory Levels are slightly down from 1,131 listings as of 10/1/2019
compared to 1142 in the same period in 2018
Absorption Rate as of 9/2019 is 6.4 months compared to 7.4 months
the same period last year.
HOME PRICES GREATER PARK CITY (AREA 1 THROUGH 23)
12 month median price as of 9/19 is 6.6% higher than 2018
5.2% compound growth since 2001
* Absorption rate defined as number of months it takes for a listing to sell is highly dependent on area/ neighborhood and price