Wasatch Front Quarterly Market Reports 2017 Q3 Wasatch Front Market Report | Page 5

UTAH COUNTY
Utah County is home to community-focused neighborhoods , high-tech companies , and entrepreneurial start-ups . Utah county includes Alpine , American Fork , Cedar Hills , Draper , Eagle Mountain , Elk Ridge , Highland , Lehi , Lindon , Mapleton , Orem , Payson , Pleasant Grove , Provo , Salem , Santaquin , Saratoga Springs , Spanish Fork , Springville , Woodland Hills .
$ SINGLE FAMILY HOME
$ CONDOMINIUM
Average and Median Sales Price Average and Median Sales Price
$
TOWNHOME
Average and Median Sales Price
AVE MED
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$ 100 K $ 200 K $ 300 K $ 400 K
1509 UNITS $ 271 K $ 238 K
1590 UNITS $ 282 K $ 250 K
1911 UNITS $ 301 K $ 270 K
1966 UNITS $ 331 K $ 297 K
1831 UNITS $ 353 K $ 315 K
$ 100 K $ 200 K $ 300 K $ 400 K
180 UNITS $ 142 K $ 130 K
185 UNITS $ 140 K $ 130 K
275 UNITS $ 153 K $ 141 K
240 UNITS $ 158 K $ 154 K
280 UNITS $ 179 K $ 172 K
$ 100 K $ 200 K $ 300 K $ 400 K
225 UNITS $ 163 K $ 165 K
277 UNITS $ 185 K $ 179 K
311 UNITS $ 190 K $ 189 K
336 UNITS $ 208 K $ 207 K
377 UNITS $ 230 K $ 229 K
Q3 2013 Q3 2014 Q3 2015 Q3 2016 Q3 2017 Q3 2013 Q3 2014 Q3 2015 Q3 2016 Q3 2017
Q3 2013 Q3 2014 Q3 2015 Q3 2016 Q3 2017
Q3 2017 single family home
Q3 2017 single family home
Q3 2017 condominium
Q3 2017 condominium
Q3 2017 townhome
Q3 2017 townhome
AVERAGE SALES PRICE
MEDIAN SALES PRICE
AVERAGE SALES PRICE
MEDIAN SALES PRICE
AVERAGE SALES PRICE
MEDIAN SALES PRICE

6.66 % 6.09 % 12.89 % 11.65 % 10.62 % 10.65 %

$ 353,045 $ 314,990 $ 178,713 $ 172,500 $ 229,889 $ 229,000
* Percentage change compared to the same time previous year i
Takeaway : Utah County , which includes the growing Silicon Slopes region , saw an increase of approximately 17 % in number of condominiums sold and an increase of approximately 12 % in average and median price compared to this time last year . The condominium sales in Utah County are the strongest property type on the Wasatch Front over the past year . We predict continued growth in this area .
Q3 1 7
All statistics are based upon Wasatch Front Regional MLS data for the period of 7 / 1 / 17 to 9 / 30 / 17 .
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