Wasatch Back Quarterly Market Reports 2018 Q1 Wasatch Back Market Overview - Page 7

EAST SUMMIT COUNTY
Known as the “ Gateway to the Uintas ,” the charming Kamas Valley within East Summit County boasts endless outdoor activities . The East Summit County area includes the neighborhoods of Woodland , Francis , Kamas , Marion , Oakley , Weber Canyon , Peoa , Browns Canyon , Wanship , Hoytsville , Coalville , Echo , and Henefer .
$
SINGLE FAMILY HOMES Average and Median Sales Price
$
VACANT LAND Average and Median Sales Price
800 K
400 K
700 K 600 K 500 K 400 K 300 K 200 K 100 K 0
131 UNITS $ 348 K $ 285 K
AVG MED
2014
134 UNITS $ 338 K $ 285 K
AVG MED 2015
142 UNITS $ 437 K $ 314 K
AVG MED
2016
145 UNITS $ 616 K $ 380 K
AVG MED 2017
155 UNITS $ 508 K $ 375 K
AVG MED 2018
350 K 300 K 250 K 200 K 150 K 100 K 50 K 0
61 UNITS $ 162 K $ 80 K
AVG MED 2014
77 UNITS $ 152 K $ 87 K
AVG MED 2015
110 UNITS $ 155 K $ 77 K
AVG MED 2016
126 UNITS $ 195 K $ 98 K
AVG MED MED 2017
152 UNITS $ 253 K $ 120 K
AVG MED 2018
2018 SINGLE FAMILY HOMES
2018 SINGLE FAMILY HOMES
2018 VACANT LAND
2018 VACANT LAND
AVERAGE SALES PRICE
MEDIAN SALES PRICE
AVERAGE SALES PRICE
MEDIAN SALES PRICE

6 % 17 % 1 % 30 % 22 %

$ 507,926 $ 375,000 $ 253,421 $ 120,000
* Percentage change compared to the same time previous year , rolling 12 month format . Please note small sample size in some instances .
Takeaway : East Summit County saw a decrease in average single family home price due to fewer estate sales , with stability in median price . Kamas and Marion saw a 38 % increase in total quantity sold , and a 51 % increase in total dollar volume sold resulting in an 8 % increase in median sales price in that general area .
i
FIRST QTR
2018
All statistics are based upon Park City Board of Realtors MLS data for the period of 4 / 1 / 17 to 3 / 31 / 18 .
© 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 .
EAST SUMMIT COUNTY Known as the “Gateway to the Uintas,” the charming Kamas Valley within East Summit County boasts endless outdoor activities. The East Summit County area includes the neighborhoods of Woodland, Francis, Kamas, Marion, Oakley, Weber Canyon, Peoa, Browns Canyon, Wanship, Hoytsville, Coalville, Echo, and Henefer. 2014 AVG 2015 2016 2018 SINGLE FAMILY HOMES AVERAGE AVG MED 2017 MED 0 2018 2018 SINGLE FAMILY HOMES MED 2014 2018 VACANT LAND AVERAGE SALES PRICE $507,926 AVG 1% $375,000 AVG MED 2015 AVG MED AVG 2016 2017 AVG MED 2018 2018 VACANT LAND MEDIAN SALES PRICE SALES PRICE 30% 22% $253,421 MED MED AVG MEDIAN SALES PRICE 6% 17% MED MED AVG 50 K MED 100 K AVG 150 K 0 200 K Average and Median Sales Price 100 K 200 K 250 K 300 K 400 K 500 K 300 K 600 K 350 K 700 K 400 K 800 K VACANT LAND UNITS $ Average and Median Sales Price SINGLE FAMILY HOMES $ $120,000 *Percentage change compared to the same [YH][\YX\[ L[۝ܛX] X\HHX[[\H^H[YH[[\˂BZX]^NX\[[Z][H]HXܙX\H[]\YH[H[Z[HYHXHYH]\\]H[\]X[]H[YYX[XK[X\[X\[ۈ]H H[ܙX\H[[]X[]H [H LIH[ܙX\H[[\[YH\[[[[ H[ܙX\H[YYX[[\XH[][\[\XKTU N[]\X\H\Y\ۈ\]H\وX[ܜS]H܈H\[و KM KN H NY[X]\ˈ[[\[[HۙY[\]Y[\YHوY[X]\ˈ\\H]]^HYT\X\[H\\H]]^HYT\X\[X\HY\\Y\XHX\وYT\X\و[Y\XK[˰\]X[\[ܝ[]K[ܛX][ۈ\YYY܈X\[YY