Wasatch Front Quarterly Market Reports 2018 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. $ 2018 single family homes AVERAGE SALES PRICE 4% $370,210 2017 2018 2018 single family homes MEDIAN SALES PRICE 11% $333,000 Average and Median Sales Price 2018 condominiums 2018 2018 condominiums AVERAGE MEDIAN SALES PRICE SALES PRICE 10% $188,000 2015 2018 town homes AVERAGE SALES PRICE 11% $252,170 2016 2017 MED 2014 9% $193,346 1,086 UNITS $193 K 2017 2016 2015 2014 2016 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 12% $249,000 *Percentage change compared to the same time previous year, rolling 12 month format. i Takeaway: Utah County was the only county to see an increase in the number of homes sold across all property types over the past 12 months. Town homes are seeing the most growth as density, especially around I-15 and the Point of the Mountain, continues to increase. Median price for condominiums, town homes, and single family homes in Utah County have increased approximately 10%, as buyers continue to move to the area. Q3 18 All statistics are based upon Wasatch Front Regional MLS data for the period of 10/1/17 to 9/30/18. © 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.