Wasatch Front Quarterly Market Reports 2018 Q2 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 HOMES
$ CONDOMINIUMS
Average and Median Sales Price Average and Median Sales Price
$
TOWN HOMES
Average and Median Sales Price
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
AVG MED
$ 100 K $ 200 K $ 300 K $ 400 K
5,227 UNITS $ 268 K $ 237 K
6,130 UNITS $ 284 K $ 255 K
6,492 UNITS $ 305 K $ 275 K
6,532 UNITS $ 330 K $ 297 K
6,696 UNITS $ 362 K $ 325 K
$ 100 K $ 200 K $ 300 K $ 400 K
558 UNITS $ 142 K $ 132 K
664 UNITS $ 145 K $ 135 K
837 UNITS $ 154 K $ 145 K
901 UNITS $ 172 K $ 166 K
1,009 UNITS $ 188 K $ 183 K
$ 100 K $ 200 K $ 300 K $ 400 K
956 UNITS $ 177 K $ 171 K
1,204 UNITS $ 191 K $ 185 K
1,204 UNITS $ 202 K $ 198 K
1,433 UNITS $ 221 K $ 218 K
1,533 UNITS $ 244 K $ 240 K
2014 2015 2016 2017 2018 2014 2015 2016 2017 2018
2014 2015 2016 2017 2018
2018 single family homes
2018 single family homes
2018 condominiums
2018 condominiums
2018 town homes
2018 town homes
AVERAGE SALES PRICE
MEDIAN SALES PRICE
AVERAGE SALES PRICE
MEDIAN SALES PRICE
AVERAGE SALES PRICE
MEDIAN SALES PRICE

10 % 9 % 10 % 10 % 10 % 10 %

$ 362,165 $ 324,500 $ 188,235 $ 183,000 $ 244,228 $ 240,000
* Percentage change compared to the same time previous year , rolling 12 month format .
i
Takeaway : Utah County saw an increase in the number of condominiums and town homes sold with a slight decrease in the number of single family homes sold over the last 12 months . Across all property types , median sales prices have increased around 10 % in Utah County as consumers continue to move into the area . We expect continued appreciation and strong sales throughout Utah County , especially in the areas of Lehi and Saratoga Springs .
Q2 18
All statistics are based upon Wasatch Front Regional MLS data for the period of 7 / 1 / 17 to 6 / 30 / 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 .
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. $ 2016 2018 single family homes AVERAGE SALES PRICE 10% $362,165 2017 2018 single family homes MEDIAN SALES PRICE 9% $324,500 Average and Median Sales Price 2018 condominiums 2018 2018 condominiums AVERAGE MEDIAN SALES PRICE 2014 2015 2018 town homes AVERAGE 2016 2017 MED 956 UNITS K 2017 2016 2015 2014 2018 TOWN HOMES Average and Median Sales Price 2015 2014 CONDOMINIUMS $ Average and Median Sales Price SINGLE FAMILY HOMES $ 2018 2018 town homes MEDIAN SALES PRICE SALES PRICE SALES PRICE 10% 10% 10% 10% $188,235 $183,000 $244,228 $240,000 *Percentage change compared to the same time previous year, rolling 12 month format. i Takeaway: Utah County saw an increase in the number of condominiums and town homes sold with a slight decrease in the number of single family homes sold over H\ L[۝ˈXܛ[\H\\YYX[[\X\]H[ܙX\Y\[ L H[]Z[H\ۜ[Y\۝[YH[ݙH[H\XKH^X۝[YY\XX][ۈ[ۙ[\Y]]Z[K\XX[H[H\X\وZH[\]H[˂LN[]\X\H\Y\ۈ\]۝Y[ۘ[S]H܈H\[و KM N 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