MARKET STATS Q3 2019 GREATER PARK CITY AREA Q3 2019 Market Report | Page 20

SUMMARY CONTINUED…
Although other parts of the country may be experiencing a softening of certain
segments in their respective markets, the overall real estate market in the
Greater Park City Area for Q3 2019 remained stable. In the Park City Proper
Area the # of transactions for Single Family Homes Sold was up 13% with,
Volume Sold was up 27% and Median prices rose by 7% to $2.05 Million. The
Volume Sold for Single Family Homes in Snyderville Basin was flat, however
Median Prices also rose by 7% to $1.285 Million. The Jordanelle area saw a 17%
increase in Volume Sold for Single Family Homes and Median Prices increased
by 36% to $2.147 Million likely due to more sales in Tuhaye.
The Condo/Townhouse market was slightly more mixed. In the Park City Proper
Area Sales Volume was down 19% and Median Prices decreased by 4% to
$785,000. In Snyderville Basin Volume was up 8% and Median Prices increased
by 9% to $577,500; while the Jordanelle area saw a 44% increase in Volume
Sold and a 23% increase in Median Prices, now $639,000.