Wasatch Back Quarterly Market Reports 2019 Q1 Wasatch Back Market Report | Page 4
SNYDERVILLE BASIN
Snyderville Basin begins at the iconic white barn at the McPolin Farm, off of Highway 224 and includes the neighborhoods: The
Canyons, The Colony, Sun Peak, Bear Hollow, Silver Springs, Old Ranch Road, Kimball, Pinebrook, Summit Park, Jeremy Ranch,
Glenwild, Silver Creek, Trailside Park, Silver Creek, Promontory, and Quinn’s Junction.
SINGLE FAMILY HOMES
$
Average and Median Sales Price
avg
med
avg
2015
med
2016
2019
single family homes
AVERAGE
avg
med
2017
avg
2018
2019
single family homes
MEDIAN
SALES PRICE SALES PRICE
13% 22%
$1,615,894
med
$1,265,000
avg
med
0
med
avg med
2019
2019
vacant land
MEDIAN
SALES PRICE
9%
$491,500
2015
2016
2017
2019
condos/town homes
AVERAGE
SALES PRICE
21%
$675,230
med
med
avg
avg
100 K
med
avg
200 K
300 K
400 K
500 K
345
600 K
700 K
Average and Median Sales Price
800 K
200 K
0
CONDOMINIUMS & TOWN HOMES
$427
400 K
600 K
800 K
1 .0 M
1 .2 M
1 .4 M
1 .6 M
$
avg med
2018
2019
2019
condos/town homes
MEDIAN
SALES PRICE
11%
$545,000
*Percentage change compared to the same time previous year, rolling 12 month format. Please note small sample size in some instances.
i
Takeaway: Single family home sales throughout Synderville Basin have remained stable while average and median
sales price have increased over the last 12 months. In the Canyons Village, the number of condominiums sold
remains consistent while median and average sales price have increased reflecting the strong new development
activity in the area.
FIRST QTR
2019
All statistics are based upon Park City Board of Realtors MLS data for the period of 4/1/18 to 3/31/19.
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