Wasatch Back Quarterly Market Reports 2018 Q3 Wasatch Back Market Report | Page 5
JORDANELLE
Jordanelle is the picturesque area surrounding the Jordanelle Reservoir. Just minutes from Park City this area includes
communities such as Hideout Canyon, Tuhaye, Victory Ranch, Soaring Hawk, and more.
SINGLE FAMILY HOMES
$
Average and Median Sales Price
8%
$1,513,486
avg
med
2016
avg
med
2017
2018
single family homes
MEDIAN
SALES PRICE
0%
$1,575,000
avg
med
0
2018
2018
vacant land
AVERAGE
SALES PRICE
8%
$459,461
avg
med
2014
avg
2015
med
2016
2018
condos/town homes
AVERAGE
avg
avg
132
med
2018
single family homes
AVERAGE
med
100 K
2015
SALES PRICE
200 K
avg
300 K
med
2014
400 K
avg
500 K
0
600 K
200 K
700 K
K
400 K
600 K
1 .0 M
1 .2 M
1 .4 M
800 K
Average and Median Sales Price
800 K
1 .6 M
CONDOMINIUMS & TOWN HOMES
$390
$
med avg med
2017
2018
condos/town homes
MEDIAN
SALES PRICE SALES PRICE
14% 16%
$514,877
2018
$511,795
*Percentage change compared to the same time previous year, rolling 12 month format. Please note small sample size in some instances.
i
Takeaway: More buyers are discovering the unique amenities and easy access to Park City and the Wasatch Front
from the Jordanelle area. Thus, the market in the Jordanelle area remains highly active in quantity of single family
homes sold over the last 12 months. New ownership opportunities at Tuhaye and new product offerings in Hideout and
Soaring Hawk contributed to a significant increase in average and median sales price of single family homes. A wide
variety of condominiums and single family homesites abound in this picturesque area.
Q3
18
All statistics are based upon Park City Board of Realtors MLS data for the period of 10/1/17 to 9/30/18.
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