GREATER PARK CITY MARKET UPDATE Greater Park City Market (Entire MLS), Summit County, Wasatch County, 84060, 84098 Aerie, Deer Crest, Empire Pass, Glenwild - Silver Creek, Jeremy Ranch, Jordanelle, Kimball Junction, Lower Deer Valley ® Resort, Up- per Deer Valley ® Resort, Old Ranch Road, Old Town, Park Meadows, Pinebrook, Promontory, Prospector, Silver Springs, Summit Park, Sun Peak - Bear Hollow, The Canyons, Trailside Park Heber - Daniels, Midway - Charleston, Timberlakes, Kamas - Marion, Oakley - Weber Canyon, Wanship - Hoytsville - Coalville - Echo and Henefer, Woodland - Francis View our monthly Market Update Videos at summitsothebysrealty.com/market-update Q1 2016 7870 Moon Dog Court, Promontory
Greater Park City, Utah Area Real Estate Market Update for Q1 2016 courtesy of Summit Sotheby's International Realty.
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GREATER PARK CITY MARKET UPDATEGreater Park City Market (Entire MLS), Summit County, Wasatch County, 84060, 84098
Aerie, Deer Crest, Empire Pass, Glenwild - Silver Creek, Jeremy Ranch, Jordanelle, Kimball Junction, Lower Deer Valley® Resort, Up-per Deer Valley® Resort, Old Ranch Road, Old Town, Park Meadows, Pinebrook, Promontory, Prospector, Silver Springs, Summit Park, Sun Peak - Bear Hollow, The Canyons, Trailside Park
View our monthly Market Update Videos at summitsothebysrealty.com/market-update
Q1 2016
7870 Moon Dog Court, Promontory
GREATER PARK CITY AREAGREATER PARK CITY AREA ...........................PG 4SUMMIT COUNTY ...............................................PG 5WASATCH COUNTY ........................................PG 6
is a licensed trademark to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Each Office Is Independently Owned And Operated.
GREATER PARK CITY - ALL MLSThe statistics below compare 1st Quarter 2013 to 2016 for the entire Park City MLS (Areas 1-41) with a year-over-year percentage comparing 2015 to 2015. All of the numbers in these charts are Closed Transactions. Ask a Summit Sotheby’s International Realty REALTOR® for help interpreting these charts.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 169 162 183 180 -2%
Sold Dollar Volume $169,625,323 $169,468,331 $198,022,691 $225,880,354 14%
For Sale at End of Quarter 718 732 737 660 -10%
Avg MSI 10.3 10.9 9.8 8.5 -13%
Avg DOM 171 161 143 114 -20%Avg List Price $1,097,075 $1,112,881 $1,142,945 $1,316,455 15%
Avg Sale Price $1,003,700 $1,046,101 $1,082,091 $1,254,891 16%
Median Sale Price $619,000 $632,000 $754,000 $722,000 -4%
Avg LP/Sq. Ft. $241 $273 $292 $292 0%
Avg SP/Sq. Ft. $224 $258 $261 $282 8%
Avg SP/OLP 91.49% 94.00% 94.68% 95.32% 1%
Highest Sold Price $8,500,000 $12,500,000 $12,750,000 $11,500,000 -10%
Lowest Sold Price $75,000 $66,000 $1 $75,000 7499900%
SUMMIT COUNTYThe statistics below compare 1st Quarter 2013 to 2016 for Summit County with a year-over-year percentage comparing 2016 to 2015. All of the numbers in these charts are Closed Transactions. Ask a Summit Sotheby’s International Realty REAL-TOR® for help interpreting these charts.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 112 112 121 107 -12%
Sold Dollar Volume $127,669,411 $139,973,635 $166,569,901 $184,703,513 11%
For Sale at End of Quarter 473 443 449 378 -16%
Avg MSI 10.1 10.1 8.6 9.7 13%
Avg DOM 175 167 140 115 -18%Avg List Price $1,228,295 $1,321,658 $1,452,909 $1,818,907 25%
Avg Sale Price $1,139,905 $1,249,765 $1,376,611 $1,726,201 25%
Median Sale Price $797,500 $777,250 $957,000 $960,000 0%
Avg LP/Sq. Ft. $284 $305 $333 $374 12%
Avg SP/Sq. Ft. $265 $290 $317 $361 14%
Avg SP/OLP 92.80% 94.56% 94.75% 94.90% 0%
Highest Sold Price $7,973,920 $12,500,000 $12,750,000 $11,500,000 -10%Lowest Sold Price $75,000 $85,000 $1 $75,000 7499900%
WASATCH COUNTYThe statistics below compare 1st Quarter 2013 to 2016 for Wasatch County with a year-over-year percentage comparing 2016 to 2015. All of the numbers in these charts are Closed Transactions. Ask a Summit Sotheby’s International Realty REAL-TOR® for help interpreting these charts.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 49 32 47 58 23%
Sold Dollar Volume $35,953,912 $16,312,696 $22,829,839 $33,890,441 48%
For Sale at End of Quarter 179 201 194 185 -5%
Avg MSI 9.4 13.4 10.8 6.0 -44%
Avg DOM 156 166 146 107 -27%Avg List Price $815,555 $547,888 $511,907 $599,053 17%
Avg Sale Price $733,753 $509,772 $485,741 $584,318 20%
Median Sale Price $375,000 $393,000 $356,000 $434,000 22%
Avg LP/Sq. Ft. $157 $177 $161 $171 6%
Avg SP/Sq. Ft. $146 $165 $154 $167 8%
Avg SP/OLP 89.97% 93.04% 94.89% 97.54% 3%
Highest Sold Price $8,500,000 $1,850,000 $2,050,000 $4,850,000 137%Lowest Sold Price $100,700 $151,000 $150,000 $128,750 -14%
PARK CITY - 84060The statistics below compare 1st Quarter 2013 to 2016 for the Park City MLS Areas 1-9 with a year-over-year percentage comparing 2016 to 2015. All of the numbers in these charts are Closed Transactions. Ask a Summit Sotheby’s International Realty REALTOR® for help interpreting these charts.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 42 38 35 37 6%
Sold Dollar Volume $75,866,760 $78,342,850 $65,583,250 $112,367,830 71%
For Sale at End of Quarter 187 148 155 144 -7%
Avg MSI 10.4 9.3 10.3 16.0 55%
Avg DOM 212 177 128 91 -29%Avg List Price $1,955,662 $2,195,365 $1,975,183 $3,249,832 65%
Avg Sale Price $1,806,351 $2,061,654 $1,873,807 $3,036,968 62%
Median Sale Price $1,297,500 $1,300,000 $1,600,000 $1,550,000 -3%
Avg LP/Sq. Ft. $414 $482 $490 $577 18%
Avg SP/Sq. Ft. $384 $457 $464 $548 18%
Avg SP/OLP 92.37% 93.91% 94.87% 93.45% -1%
Highest Sold Price $7,973,920 $12,500,000 $6,400,000 $11,500,000 80%
Lowest Sold Price $344,000 $500,000 $365,000 $75,000 -79%
PARK CITY - 84098The statistics below compare 1st Quarter 2013 to 2016 for the Park City MLS Areas 10-21 with a year-over-year percentage comparing 2016 to 2015. All of the numbers in these charts are Closed Transactions. Ask a Summit Sotheby’s International Realty REALTOR® for help interpreting these charts.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 52 52 65 52 -20%
Sold Dollar Volume $44,095,550 $54,024,800 $94,957,415 $65,026,886 -32%
For Sale at End of Quarter 194 221 214 184 -14%
Avg MSI 9.2 13.8 7.9 8.0 1%
Avg DOM 107 122 134 137 2%Avg List Price $906,765 $1,095,455 $1,544,741 $1,291,617 -16%
Avg Sale Price $847,991 $1,038,938 $1,460,883 $1,250,517 -14%
Median Sale Price $634,500 $735,000 $957,000 $923,000 -4%
Avg LP/Sq. Ft. $223 $254 $312 $306 -2%
Avg SP/Sq. Ft. $210 $241 $300 $298 -1%
Avg SP/OLP 93.52% 94.84% 94.57% 96.82% 2%
Highest Sold Price $2,400,000 $3,750,000 $12,750,000 $5,440,400 -57%Lowest Sold Price $230,000 $374,000 $429,000 $425,000 -1%
AERIEThe statistics below compare 1st Quarter 2013 to 2016 for the Aerie with a year-over-year percentage comparing 2016 to 2015. The Aerie is a great neighborhood centrally located on the mountain between Old Town, Lower Deer Valley® Resort and Prospector Square.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
DEER CRESTThe statistics below compare 1st Quarter 2013 to 2016 for Deer Crest with a year-over-year percentage comparing 2016 to 2015. The Deer Crest community is a private, gated community resting along the ridgeline and throughout the hillside on the eastern edge of Deer Valley® Resort. The majority of the homes and condos in the Deer Crest neighborhood enjoy ski-in/ski-out access to Deer Valley.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 1 0 0 1 100%
Sold Dollar Volume $3,465,000 $0 $0 $4,850,000 485000000%
For Sale at End of Quarter 11 15 12 14 17%
Avg MSI 0.0 0.0 0.0 14.0 1400%
Avg DOM 58 0 0 83 8300%
Avg List Price $3,795,000 $0 $0 $4,999,000 499900000%
Avg Sale Price $3,465,000 $0 $0 $4,850,000 485000000%
Median Sale Price $3,465,000 $0 $0 $4,850,000 485000000%
Avg LP/Sq. Ft. $593 $0 $0 $662 66200%
Avg SP/Sq. Ft. $542 $0 $0 $642 64200%
Avg SP/OLP 91.30% 0.00% 0.00% 97.02% 97%
Highest Sold Price $3,465,000 $0 $0 $4,850,000 485000000%
Lowest Sold Price $3,465,000 $0 $0 $4,850,000 485000000%
EMPIRE PASSThe statistics below compare 1st Quarter 2013 to 2016 for Empire Pass with a year-over-year percentage comparing 2016 to 2015. Empire Pass is located at the top of Deer Valley on the slopes of Flagstaff Mountain and Empire Canyon and was developed with the highest levels of service and luxury in mind for its homes, townhomes, and condos.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 1 0 0 0 0%
Sold Dollar Volume $5,100,000 $0 $0 $0 0%
For Sale at End of Quarter 8 11 9 10 11%
Avg MSI 0.0 0.0 0.0 0.0 0%
Avg DOM 377 0 0 0 0%
Avg List Price $5,495,000 $0 $0 $0 0%
Avg Sale Price $5,100,000 $0 $0 $0 0%
Median Sale Price $5,100,000 $0 $0 $0 0%
Avg LP/Sq. Ft. $944 $0 $0 $0 0%
Avg SP/Sq. Ft. $877 $0 $0 $0 0%
Avg SP/OLP 92.81% 0.00% 0.00% 0.00% 0%
Highest Sold Price $5,100,000 $0 $0 $0 0%
Lowest Sold Price $5,100,000 $0 $0 $0 0%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 0 1 1 0 -100%
Sold Dollar Volume $0 $3,400,000 $3,795,250 $0 -100%
For Sale at End of Quarter 10 10 6 4 -33%
Avg MSI 0.0 10.0 6.0 0.0 -100%
Avg DOM 0 79 124 0 -100%
Avg List Price $0 $3,850,000 $3,995,000 $0 -100%
Avg Sale Price $0 $3,400,000 $3,795,250 $0 -100%
Median Sale Price $0 $3,400,000 $3,795,250 $0 -100%
Avg SP/OLP 0.00% 88.31% 95.00% 0.00% -100%
Highest Sold Price $0 $3,400,000 $3,795,250 $0 -100%
Lowest Sold Price $0 $3,400,000 $3,795,250 $0 -100%
GLENWILD – SILVERCREEKThe statistics below compare 1st Quarter 2013 to 2016 for Glenwild/Silver Creek with a year-over-year percentage comparing 2016 to 2015. This private, gated golf community is situated within the Silver Creek area and features tremendous views of all three local ski areas plus a fabulous golf course and clubhouse. Glenwild is also conveniently located close to the Kimball Junction commercial area.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 2 1 12 3 -75%
Sold Dollar Volume $1,743,500 $2,675,000 $17,342,786 $2,100,000 -88%
For Sale at End of Quarter 39 40 36 33 -8%
Avg MSI 39.0 40.0 5.1 16.5 224%
Avg DOM 67 1 195 176 -10%
Avg List Price $912,000 $2,815,800 $1,497,914 $742,967 -50%
Avg Sale Price $871,750 $2,675,000 $1,445,232 $700,000 -52%
Median Sale Price $871,750 $2,675,000 $1,345,250 $715,000 -47%
Avg LP/Sq. Ft. $156 $437 $309 $233 -25%
Avg SP/Sq. Ft. $151 $415 $298 $220 -26%
Avg SP/OLP 95.59% 95.00% 96.48% 94.22% -2%
Highest Sold Price $918,500 $2,675,000 $2,625,000 $745,000 -72%
Lowest Sold Price $825,000 $2,675,000 $646,458 $640,000 -1%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 6 11 8 3 -63%
Sold Dollar Volume $2,220,000 $8,573,500 $2,365,050 $1,144,000 -52%
For Sale at End of Quarter 53 41 58 50 -14%
Avg MSI 8.8 6.8 29.0 25.0 -14%
Avg DOM 248 394 263 92 -65%
Avg List Price $414,467 $829,036 $317,917 $401,000 26%
Avg Sale Price $370,000 $779,409 $295,631 $381,333 29%
Median Sale Price $372,500 $479,000 $315,000 $375,000 19%
Avg SP/OLP 89.27% 94.01% 92.99% 95.10% 2%
Highest Sold Price $490,000 $3,700,000 $475,000 $520,000 9%
Lowest Sold Price $225,000 $65,000 $160,000 $249,000 56%
JEREMY RANCHThe statistics below compare 1st Quarter 2013 to 2016 for Jeremy Ranch with a year-over-year percentage comparing 2016 to 2015. Jeremy Ranch is a popular family community situated in the outskirts of Park City. In the center of the neighborhood, you’ll find the 18-hole Jeremy Ranch Golf & Country Club. Jeremy Ranch is located near I-80 and makes for a easy commute to Salt Lake City.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 9 9 6 10 67%
Sold Dollar Volume $6,258,000 $8,106,500 $4,755,000 $9,423,500 98%
For Sale at End of Quarter 33 24 20 20 0%
Avg MSI 16.5 12.0 6.7 5.0 -25%
Avg DOM 175 88 191 119 -38%
Avg List Price $811,411 $945,217 $819,450 $976,500 19%
Avg Sale Price $695,333 $900,722 $792,500 $942,350 19%
Median Sale Price $680,000 $660,000 $812,500 $853,250 5%
Avg LP/Sq. Ft. $179 $189 $210 $236 12%
Avg SP/Sq. Ft. $156 $181 $203 $228 12%
Avg SP/OLP 85.69% 95.29% 96.71% 96.50% 0%
Highest Sold Price $1,027,500 $1,870,000 $957,000 $1,940,000 103%
Lowest Sold Price $417,000 $565,000 $537,000 $556,000 0.04
JORDANELLEThe statistics below compare 1st Quarter 2013 to 2016 for the Jordanelle area with a year-over-year percentage comparing 2016 to 2015. The Jor-danelle neighborhood is named after the Jordanelle Reservoir it surrounds. It features single family homes, condos and vacant land with views of the reservoir or Deer Valley Resort.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 4 7 7 6 -14%
Sold Dollar Volume $2,549,400 $6,528,296 $7,718,500 $6,480,429 -16%
For Sale at End of Quarter 26 35 36 20 -44%
Avg MSI 6.5 11.7 7.2 6.7 -7%
Avg DOM 93 182 277 97 -65%
Avg List Price $659,600 $986,286 $1,203,714 $1,087,000 -10%
Avg Sale Price $637,350 $932,614 $1,102,643 $1,080,072 -2%
Median Sale Price $642,200 $885,000 $900,000 $917,500 2%
Avg LP/Sq. Ft. $146 $266 $250 $297 19%
Avg SP/Sq. Ft. $142 $254 $230 $297 29%
Avg SP/OLP 96.63% 94.56% 91.60% 99.36% 8%
Highest Sold Price $900,000 $1,850,000 $2,050,000 $1,781,926 -13%
Lowest Sold Price $365,000 $383,000 $745,000 $591,000 -21%
KIMBALL JUNCTIONThe statistics below compare 1st Quarter 2013 to 2016 for Kimball Junction with a year-over-year percentage comparing 2016 to 2015. Kimball Junction offers charming single family homes for sale, comfortable condominiums and a constantly growing number of amenities.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 1 2 2 2 0%
Sold Dollar Volume $499,000 $892,000 $951,500 $1,034,500 9%
For Sale at End of Quarter 5 1 0 2 200%
Avg MSI 5.0 0.0 0.0 2.0 200%
Avg DOM 242 747 31 20 -35%
Avg List Price $505,000 $462,000 $491,950 $537,500 9%
Avg Sale Price $499,000 $446,000 $475,750 $517,250 9%
Median Sale Price $499,000 $446,000 $475,750 $517,250 9%
Avg LP/Sq. Ft. $265 $207 $294 $296 1%
Avg SP/Sq. Ft. $262 $200 $287 $285 -1%
Avg SP/OLP 98.81% 96.54% 96.71% 96.23% 0%
Highest Sold Price $499,000 $490,000 $492,500 $522,000 6%
Lowest Sold Price $499,000 $402,000 $459,000 $512,500 12%
LOWER DEER VALLEY® RESORTThe statistics below compare 1st Quarter 2013 to 2016 for Lower Deer Valley with a year-over-year percentage comparing 2016 to 2015. Many of the homes and condominiums for sale in Lower Deer Valley have fantastic views and are all within a mile from the lift. Real estate here is in great demand during all four seasons due to its ideal location with close proximity to both slopes and Main Street.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 8 4 5 3 -40%
Sold Dollar Volume $9,540,000 $8,415,000 $11,185,000 $5,790,000 -48%
For Sale at End of Quarter 29 19 14 12 -14%
Avg MSI 4.8 6.3 7.0 12.0 71%
Avg DOM 187 203 143 163 14%
Avg List Price $1,279,750 $2,279,250 $2,425,000 $2,116,333 -13%
Avg Sale Price $1,192,500 $2,103,750 $2,237,000 $1,930,000 -14%
Median Sale Price $1,020,000 $2,120,000 $2,225,000 $2,100,000 -6%
Avg LP/Sq. Ft. $292 $403 $409 $290 -29%
Avg SP/Sq. Ft. $273 $372 $379 $268 -29%
Avg SP/OLP 93.18% 92.30% 92.25% 91.20% -1%
Highest Sold Price $2,000,000 $2,875,000 $2,800,000 $2,200,000 -21%
Lowest Sold Price $835,000 $1,300,000 $1,675,000 $1,490,000 -11%
UPPER DEER VALLEY® RESORTThe statistics below compare 1st Quarter 2013 to 2016 for Upper Deer Valley with a year-over-year percentage comparing 2016 to 2015. Known as Park City’s first min-ing settlement, Silver Lake Village is located in Upper Deer Valley. The Upper Deer Valley real estate area is a very popular site for single family subdivisions and luxury condominium lodges.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 5 4 5 6 20%Sold Dollar Volume $16,167,500 $27,572,000 $17,736,250 $46,626,580 163%For Sale at End of Quarter 22 22 28 28 0%Avg MSI 22.0 22.0 9.3 9.3 0%Avg DOM 289 210 103 132 28%Avg List Price $3,546,000 $7,582,500 $3,730,800 $8,473,333 127%Avg Sale Price $3,233,500 $6,893,000 $3,547,250 $7,771,097 119%Median Sale Price $2,750,000 $6,061,000 $2,725,000 $7,907,875 190%Avg LP/Sq. Ft. $611 $833 $593 $1,026 73%Avg SP/Sq. Ft. $554 $760 $564 $973 73%Avg SP/OLP 91.19% 90.91% 95.08% 91.71% -4%
OLD RANCH ROADThe statistics below compare 1st Quarter 2013 to 2016 for the Old Ranch Road area with a year-over-year percentage comparing 2016 to 2015. This area located near the Canyons Village at Park City, offers some great opportunities to buy equestrian property with amazing ski area views. Also located in the Old Ranch Road area is the luxury home subdivision of Willow Creek Estates.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 1 3 3 2 -33%
Sold Dollar Volume $2,033,750 $5,682,000 $7,165,000 $3,956,500 -45%
For Sale at End of Quarter 8 7 12 12 0%
Avg MSI 0.0 0.0 4.0 0.0 -100%
Avg DOM 191 157 9 172 1811%
Avg List Price $2,195,000 $2,095,000 $2,498,333 $2,024,000 -19%
Avg Sale Price $2,033,750 $1,894,000 $2,388,333 $1,978,250 -17%
Median Sale Price $2,033,750 $1,720,000 $3,000,000 $1,978,250 -34%
Avg LP/Sq. Ft. $357 $473 $561 $419 -25%
Avg SP/Sq. Ft. $330 $425 $537 $408 -24%
Avg SP/OLP 92.65% 90.41% 95.60% 97.74% 2%
Highest Sold Price $2,033,750 $2,437,000 $3,300,000 $2,138,500 -35%
Lowest Sold Price $2,033,750 $1,525,000 $865,000 $1,818,000 110%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 2 3 1 2 100%
Sold Dollar Volume $1,887,500 $4,025,335 $610,000 $1,379,000 126%
For Sale at End of Quarter 5 4 4 5 25%
Avg MSI 5.0 4.0 4.0 0.0 -100%
Avg DOM 259 73 517 196 -62%
Avg List Price $1,047,500 $1,398,300 $649,000 $662,000 2%
Avg Sale Price $943,750 $1,341,778 $610,000 $689,500 13%
Median Sale Price $943,750 $1,499,900 $610,000 $689,500 13%
Avg SP/OLP 90.10% 95.96% 93.99% 104.15% 11%
Highest Sold Price $1,050,000 $1,872,435 $610,000 $904,000 48%
Lowest Sold Price $837,500 $653,000 $610,000 $475,000 -22%
OLD TOWNThe statistics below compare 1st Quarter 2013 to 2016 for Old Town with a year-over-year percentage comparing 2016 to 2015. This area is situated between Park City Resort, Lower Deer Valley® Resort, Aerie and Prospector. As a result of historical preservation, the Old Town area has retained its small, old-western mining town charm.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 13 12 12 9 -25%
Sold Dollar Volume $18,335,420 $13,807,000 $16,216,000 $12,310,000 -24%
For Sale at End of Quarter 47 33 40 45 13%
Avg MSI 9.4 11.0 13.3 45.0 238%
Avg DOM 154 144 130 90 -31%
Avg List Price $1,546,445 $1,202,490 $1,435,083 $1,436,889 0%
Avg Sale Price $1,410,417 $1,150,583 $1,351,333 $1,367,778 1%
Median Sale Price $769,000 $1,252,500 $1,130,000 $1,500,000 33%
Avg LP/Sq. Ft. $504 $591 $643 $637 -1%
Avg SP/Sq. Ft. $466 $562 $602 $608 1%
Avg SP/OLP 91.20% 95.68% 94.16% 95.19% 1%
Highest Sold Price $7,973,920 $2,050,000 $2,600,000 $1,950,000 -25%
Lowest Sold Price $344,000 $500,000 $365,000 $765,000 110%
PARK MEADOWSThe statistics below compare 1st Quarter 2013 to 2016 for Park Meadows with a year-over-year percentage comparing 2016 to 2015. The Park Meadows subdivision is located in town and is the largest community in the Park City limits. Much of the area has ski resort views of Park City and Deer Valley and contains many luxury homes throughout the community and golf course.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 12 13 11 10 -9%
Sold Dollar Volume $23,208,840 $22,348,850 $17,216,000 $14,375,500 -16%
For Sale at End of Quarter 33 27 27 16 -41%
Avg MSI 8.3 3.4 6.8 5.3 -22%
Avg DOM 267 201 122 76 -38%
Avg List Price $2,078,920 $1,779,115 $1,632,945 $1,518,500 -7%
Avg Sale Price $1,934,070 $1,719,142 $1,565,091 $1,437,550 -8%
Median Sale Price $1,660,000 $1,300,000 $1,505,000 $1,274,500 -15%
Avg LP/Sq. Ft. $327 $370 $337 $377 12%
Avg SP/Sq. Ft. $305 $358 $325 $358 10%
Avg SP/OLP 93.03% 96.63% 95.84% 94.67% -1%
Highest Sold Price $4,475,000 $4,050,000 $3,400,000 $2,800,000 -18%
Lowest Sold Price $648,090 $617,500 $831,000 $815,000 -2%
PINEBROOKThe statistics below compare 1st Quarter 2013 to 2016 for Pinebrook with a year-over-year percentage comparing 2016 to 2015. Pinebrook is another great family neighborhood for full-time residents. Shopping and entertainment are close by and the Pinebrook area has its own private trail system for great hiking and biking near your home. It offers an easy commute to Salt Lake City.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 10 10 10 5 -50%
Sold Dollar Volume $7,039,500 $7,092,000 $8,731,750 $4,531,000 -48%
For Sale at End of Quarter 21 21 15 13 -13%
Avg MSI 5.3 5.3 5.0 4.3 -14%
Avg DOM 111 62 83 21 -75%
Avg List Price $737,340 $726,320 $920,000 $948,280 3%
Avg Sale Price $703,950 $709,200 $873,175 $906,200 4%
Median Sale Price $625,000 $740,000 $894,250 $950,000 6%
Avg LP/Sq. Ft. $168 $195 $193 $216 12%
Avg SP/Sq. Ft. $162 $190 $184 $206 12%
Avg SP/OLP 95.47% 97.64% 94.91% 95.56% 1%
Highest Sold Price $1,110,000 $858,000 $1,200,000 $980,000 -18%
Lowest Sold Price $395,500 $390,000 $600,000 $781,000 30%
PROMONTORYThe statistics below compare 1st Quarter 2013 to 2016 for Promontory with a year-over-year percentage comparing 2016 to 2015. Promontory is one of Park City real estate’s premier golf communities. It offers world-class recreation, championship golf courses as well as skiing, horseback riding and fishing nearby.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 5 6 10 13 30%
Sold Dollar Volume $7,053,000 $12,722,500 $16,006,750 $24,640,986 54%
For Sale at End of Quarter 42 68 70 63 -10%
Avg MSI 14.0 68.0 23.3 9.0 -61%
Avg DOM 173 223 214 255 19%
Avg List Price $1,526,800 $2,259,000 $1,671,179 $1,951,828 17%
Avg Sale Price $1,410,600 $2,120,417 $1,600,675 $1,895,460 18%
Median Sale Price $1,500,000 $1,648,750 $1,532,625 $1,845,000 20%
Avg LP/Sq. Ft. $392 $395 $374 $434 16%
Avg SP/Sq. Ft. $364 $369 $361 $429 19%
Avg SP/OLP 92.39% 93.87% 95.78% 97.11% 1%
Highest Sold Price $1,775,000 $3,750,000 $2,450,000 $3,350,000 37%
Lowest Sold Price $928,000 $1,000,000 $1,265,000 $1,050,000 -17%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 6 15 17 7 -59%
Sold Dollar Volume $1,460,000 $4,168,000 $5,952,999 $2,198,500 -63%
For Sale at End of Quarter 70 52 88 72 -18%
Avg MSI 17.5 10.4 17.6 18.0 2%
Avg DOM 117 173 182 210 15%
Avg List Price $255,917 $294,027 $357,518 $364,114 2%
Avg Sale Price $243,333 $277,867 $350,176 $314,071 -10%
Median Sale Price $187,000 $225,000 $264,000 $285,000 8%
Avg SP/OLP 95.08% 94.50% 97.95% 86.26% -12%
Highest Sold Price $502,500 $585,000 $1,210,000 $450,000 -63%
Lowest Sold Price $136,000 $85,000 $160,000 $205,000 28%
PROSPECTORThe statistics below compare 1st Quarter 2013 to 2016 for Prospector with a year-over-year percentage comparing 2016 to 2015. Prospector is a locals favorite for convenience and affordability. Located on the bus route and close to shopping, schools, movie theaters, the Rail Trail and Prospector Square, Prospector is well known for its Victorian-style architecture and neighborhood park and playground.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 2 2 1 1 0%
Sold Dollar Volume $2,165,000 $1,880,000 $1,235,000 $750,000 -39%
For Sale at End of Quarter 8 6 3 2 -33%
Avg MSI 8.0 6.0 3.0 0.0 -100%
Avg DOM 78 4 179 1 -99%
Avg List Price $1,135,000 $947,000 $1,269,000 $750,000 -41%
Avg Sale Price $1,082,500 $940,000 $1,235,000 $750,000 -39%
Median Sale Price $1,082,500 $940,000 $1,235,000 $750,000 -39%
Avg LP/Sq. Ft. $248 $263 $241 $379 57%
Avg SP/Sq. Ft. $238 $260 $235 $379 61%
Avg SP/OLP 95.37% 99.26% 97.32% 100.00% 3%
Highest Sold Price $1,300,000 $1,195,000 $1,235,000 $750,000 -39%
Lowest Sold Price $865,000 $685,000 $1,235,000 $750,000 -39%
SILVER SPRINGSThe statistics below compare 1st Quarter 2013 to 2016 for Silver Springs with a year-over-year percentage comparing 2016 to 2015. Silver Springs is home for many local residents and is located on next to the Swaner Nature Preserve. It is a peaceful neighborhood with private lakes, tennis courts, basketball courts, volleyball courts, children’s playgrounds, and a picnic pavilion.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 7 7 4 4 0%
Sold Dollar Volume $4,284,000 $5,136,500 $4,363,000 $3,478,000 -20%
For Sale at End of Quarter 8 8 5 4 -20%
Avg MSI 1.1 4.0 1.7 2.0 18%
Avg DOM 26 83 28 90 221%
Avg List Price $642,857 $759,571 $1,160,250 $890,000 -23%
Avg Sale Price $612,000 $733,786 $1,090,750 $869,500 -20%
Median Sale Price $598,000 $765,000 $1,104,000 $862,500 -22%
Avg LP/Sq. Ft. $242 $270 $333 $278 -17%
Avg SP/Sq. Ft. $231 $261 $315 $272 -14%
Avg SP/OLP 95.20% 96.61% 94.01% 97.70% 4%
Highest Sold Price $778,000 $955,000 $1,300,000 $958,000 -26%
Lowest Sold Price $507,000 $568,500 $855,000 $795,000 -7%
SUMMIT PARK The statistics below compare 1st Quarter 2013 to 2016 for Summit Park with a year-over-year percentage comparing 2016 to 2015. Summit Park is tucked on the ridges at the top of Parley’s Summit and features mountain living that is just minutes to Park City and Salt Lake City.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 4 4 2 3 50%
Sold Dollar Volume $1,750,800 $1,897,000 $1,019,000 $1,621,000 59%
For Sale at End of Quarter 9 11 8 4 -50%
Avg MSI 0.0 5.5 8.0 0.0 -100%
Avg DOM 44 82 10 91 810%
Avg List Price $448,200 $485,700 $514,500 $549,000 7%
Avg Sale Price $437,700 $474,250 $509,500 $540,333 6%
Median Sale Price $401,150 $465,500 $509,500 $545,000 7%
Avg LP/Sq. Ft. $152 $149 $188 $198 5%
Avg SP/Sq. Ft. $148 $146 $187 $196 5%
Avg SP/OLP 97.66% 97.64% 99.03% 98.42% -1%
Highest Sold Price $587,000 $592,000 $590,000 $651,000 10%
Lowest Sold Price $361,500 $374,000 $429,000 $425,000 -1%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 2 4 2 3 50%
Sold Dollar Volume $67,500 $225,000 $135,000 $223,000 65%
For Sale at End of Quarter 21 15 5 8 60%
Avg MSI 21.0 7.5 2.5 8.0 220%
Avg DOM 385 331 123 41 -67%
Avg List Price $36,000 $60,725 $69,475 $98,333 42%
Avg Sale Price $33,750 $56,250 $67,500 $74,333 10%
Median Sale Price $33,750 $52,750 $67,500 $82,000 21%
Avg SP/OLP 93.75% 92.63% 97.16% 75.59% -22%
Highest Sold Price $37,500 $80,000 $70,000 $110,000 57%
Lowest Sold Price $30,000 $39,500 $65,000 $31,000 -52%
SUN PEAK – BEAR HOLLOWThe statistics below compare 1st Quarter 2013 to 2016 for Sun Peak/Bear Hollow with a year-over-year percentage comparing 2016 to 2015. Sun Peak/Bear Hollow covers the area around the base of the Olympic Sports Park as well as the neighbor-hoods around Sun Peak. This area presents a diverse range of housing options, from cozy cottages to high-end homes.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 1 2 7 2 -71%
Sold Dollar Volume $985,000 $3,050,000 $7,917,629 $1,550,000 -80%
For Sale at End of Quarter 8 8 13 6 -54%
Avg MSI 0.0 0.0 6.5 6.0 -8%
Avg DOM 11 151 35 16 -54%
Avg List Price $995,000 $1,662,000 $1,150,400 $797,000 -31%
Avg Sale Price $985,000 $1,525,000 $1,131,090 $775,000 -31%
Median Sale Price $985,000 $1,525,000 $665,000 $775,000 17%
Avg LP/Sq. Ft. $230 $235 $348 $246 -29%
Avg SP/Sq. Ft. $228 $216 $341 $240 -30%
Avg SP/OLP 98.99% 91.76% 98.32% 97.24% -1%
Highest Sold Price $985,000 $1,850,000 $3,900,000 $855,000 -78%
Lowest Sold Price $985,000 $1,200,000 $619,000 $695,000 12%
THE CANYONSThe statistics below compare 1st Quarter 2013 to 2016 for The Canyons with a year-over-year percentage comparing 2016 to 2015. The Canyons offers world-class lodging properties: Waldorf Astoria, Hyatt Escala Lodge, Sundial Lodge, Silverado, Westgate, Grand Summit and Fairway Springs Villas. Residents of The Colony enjoy exclusive ski-in/ski-out privileges to Park City Mountain Resort.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 0 1 3 5 67%
Sold Dollar Volume $0 $1,605,000 $22,900,000 $34,413,150 50%
For Sale at End of Quarter 25 27 35 27 -23%
Avg MSI 0.0 27.0 35.0 0.0 -100%
Avg DOM 0 32 466 86 -82%
Avg List Price $0 $1,675,000 $8,414,667 $7,209,000 -14%
Avg Sale Price $0 $1,605,000 $7,633,333 $6,882,630 -10%
Median Sale Price $0 $1,605,000 $5,350,000 $6,930,250 30%
Avg LP/Sq. Ft. $0 $433 $601 $810 35%
Avg SP/Sq. Ft. $0 $415 $550 $773 41%
Avg SP/OLP 0.00% 95.82% 90.71% 95.47% 5%
Highest Sold Price $0 $1,605,000 $12,750,000 $8,500,000 -33%
Lowest Sold Price $0 $1,605,000 $4,800,000 $5,440,400 13%
TRAILSIDE PARK The statistics below compare 1st Quarter 2013 to 2016 for Trailside Park with a year-over-year percentage comparing 2016 to 2015. Trailside Park is a family oriented neighborhood. It offers newer luxury homes that tend to be larger and mountain contemporary. It is easy accessible through Kimball Junction or Silver Summit exit off Highway 40.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 10 7 6 8 33%
Sold Dollar Volume $9,819,000 $5,166,300 $4,305,000 $8,209,000 91%
For Sale at End of Quarter 6 8 12 11 -8%
Avg MSI 2.0 2.7 12.0 3.7 -69%
Avg DOM 83 54 65 96 48%
Avg List Price $1,014,590 $765,129 $743,167 $1,065,750 43%
Avg Sale Price $981,900 $738,043 $717,500 $1,026,125 43%
Median Sale Price $542,500 $533,500 $620,000 $884,500 43%
Avg LP/Sq. Ft. $216 $215 $258 $261 1%
Avg SP/Sq. Ft. $211 $208 $248 $251 1%
Avg SP/OLP 96.78% 96.46% 96.55% 96.28% 0%
Highest Sold Price $2,295,000 $1,900,000 $1,270,000 $1,720,000 35%
Lowest Sold Price $310,000 $465,000 $540,000 $600,000 11%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 1 1 1 0 -100%
Sold Dollar Volume $400,000 $340,000 $245,000 $0 -100%
For Sale at End of Quarter 5 2 1 4 300%
Avg MSI 5.0 0.0 1.0 0.0 -100%
Avg DOM 29 365 260 0 -100%
Avg List Price $425,000 $349,000 $260,000 $0 -100%
Avg Sale Price $400,000 $340,000 $245,000 $0 -100%
Median Sale Price $400,000 $340,000 $245,000 $0 -100%
Avg SP/OLP 94.12% 97.42% 94.23% 0.00% -100%
Highest Sold Price $400,000 $340,000 $245,000 $0 -100%
Lowest Sold Price $400,000 $340,000 $245,000 $0 -100%
HEBER - DANIELS The statistics below compare 1st Quarter 2013 to 2016 for the Heber Valley with a year-over-year percentage comparing 2016 to 2015. Heber is located in a beautiful mountain valley just a short drive from the Wasatch Front. The area offers outstanding year-round outdoor recreation including golf, fly fishing, boating and water sports, plus skiing and other winter sports.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 15 12 22 29 32%
Sold Dollar Volume $6,548,169 $4,713,000 $8,094,114 $12,165,400 50%
For Sale at End of Quarter 79 79 69 92 33%
Avg MSI 19.8 15.8 7.7 4.6 -40%
Avg DOM 79 209 128 96 -25%
Avg List Price $463,813 $446,642 $379,857 $424,759 12%
Avg Sale Price $436,545 $392,750 $367,914 $419,497 14%
Median Sale Price $264,235 $285,000 $288,657 $356,500 24%
Avg LP/Sq. Ft. $117 $157 $147 $134 -9%
Avg SP/Sq. Ft. $111 $140 $142 $132 -7%
Avg SP/OLP 94.12% 87.93% 96.86% 98.76% 2%
Highest Sold Price $2,015,000 $1,300,000 $900,000 $1,239,237 38%
Lowest Sold Price $120,000 $151,000 $150,000 $215,000 43%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 5 12 17 12 -29%
Sold Dollar Volume $538,750 $2,090,000 $4,688,750 $2,884,650 -38%
For Sale at End of Quarter 73 71 98 100 2%
Avg MSI 18.3 17.8 14.0 25.0 79%
Avg DOM 214 174 107 80 -25%
Avg List Price $115,300 $195,750 $281,647 $290,325 3%
Avg Sale Price $107,750 $174,167 $275,809 $240,388 -13%
Median Sale Price $118,750 $167,500 $260,000 $200,000 -23%
Avg SP/OLP 93.45% 88.97% 97.93% 82.80% -15%
Highest Sold Price $205,000 $400,000 $451,250 $450,000 0%
Lowest Sold Price $34,000 $75,000 $69,000 $61,000 -12%
MIDWAY – CHARLESTONThe statistics below compare 1st Quarter 2013 to 2016 for Midway with a year-over-year percentage comparing 2016 to 2015. Midway is known for its Swiss influence in architecture as well as for hosting several 2002 Winter Olympic events at Soldier Hollow. The town is home to three golf courses: Homestead, Crater Springs, Wasatch State Park and Soldier Hollow.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 14 7 8 15 88%
Sold Dollar Volume $7,404,893 $3,687,500 $3,198,225 $7,843,862 145%
For Sale at End of Quarter 45 49 57 36 -37%
Avg MSI 11.3 12.3 19.0 7.2 -62%
Avg DOM 207 81 46 107 133%
Avg List Price $555,243 $553,429 $411,191 $549,484 34%
Avg Sale Price $528,921 $526,786 $399,778 $522,924 31%
Median Sale Price $494,747 $525,000 $417,000 $495,000 19%
Avg LP/Sq. Ft. $135 $156 $162 $170 5%
Avg SP/Sq. Ft. $130 $146 $157 $162 3%
Avg SP/OLP 95.26% 95.19% 97.22% 95.17% -2%
Highest Sold Price $1,100,000 $730,000 $577,725 $1,100,000 90%
Lowest Sold Price $162,000 $325,000 $215,000 $180,000 -16%
TIMBERLAKESThe statistics below compare 1st Quarter 2013 to 2016 for Timberlakes with a year-over-year percentage comparing 2016 to 2015. Timberlakes Estates subdivision is located just seven miles east of Heber City, Utah. This private gated community is filled with several lakes, numerous ponds and streams and features panoramic views of the Heber Valley and the Wasatch Mountains.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 13 5 9 7 -22%
Sold Dollar Volume $3,436,450 $1,183,900 $3,190,000 $2,550,750 -20%
For Sale at End of Quarter 9 14 12 11 -8%
Avg MSI 1.5 4.7 12.0 5.5 -54%
Avg DOM 153 79 127 165 30%
Avg List Price $273,323 $241,960 $374,694 $380,543 2%
Avg Sale Price $264,342 $236,780 $354,444 $364,393 3%
Median Sale Price $245,000 $231,000 $400,000 $390,000 -3%
Avg LP/Sq. Ft. $112 $136 $125 $145 16%
Avg SP/Sq. Ft. $108 $132 $119 $140 18%
Avg SP/OLP 96.71% 97.86% 94.60% 95.76% 1%
Highest Sold Price $425,900 $318,000 $525,000 $510,000 -3%
Lowest Sold Price $100,700 $174,900 $175,000 $128,750 -26%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 1 2 2 3 50%
Sold Dollar Volume $14,000 $165,000 $57,000 $80,000 40%
For Sale at End of Quarter 17 20 19 16 -16%
Avg MSI 0.0 20.0 0.0 8.0 800%
Avg DOM 218 69 133 163 23%
Avg List Price $30,000 $127,500 $31,700 $32,633 3%
Avg Sale Price $14,000 $82,500 $28,500 $26,667 -6%
Median Sale Price $14,000 $82,500 $28,500 $25,000 -12%
Avg SP/OLP 46.67% 64.71% 89.91% 81.72% -9%
Highest Sold Price $14,000 $150,000 $30,500 $35,000 15%
Lowest Sold Price $14,000 $15,000 $26,500 $20,000 -25%
KAMAS – MARIONThe statistics below compare 1st Quarter 2013 to 2016 for the Kamas Valley with a year-over-year percentage comparing 2016 to 2015. Kamas is known as “The Gate-way to the Uintas” and is located 15 miles east of Park City. Fishing, camping, hiking, mountain climbing and other outdoor recreational activities are popular among lo-cals.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 4 5 3 2 -33%
Sold Dollar Volume $2,119,000 $1,359,585 $788,635 $1,357,502 72%
For Sale at End of Quarter 15 17 16 14 -13%
Avg MSI 15.0 5.7 5.3 14.0 164%
Avg DOM 170 82 195 85 -56%
Avg List Price $586,200 $279,780 $274,667 $554,500 102%
Avg Sale Price $529,750 $271,917 $262,878 $678,751 158%
Median Sale Price $172,500 $271,920 $264,635 $678,751 156%
Avg LP/Sq. Ft. $138 $112 $136 $242 78%
Avg SP/Sq. Ft. $126 $106 $130 $300 131%
Avg SP/OLP 90.37% 97.19% 95.71% 122.41% 28%
Highest Sold Price $1,625,000 $336,100 $272,000 $1,058,502 289%
Lowest Sold Price $149,000 $187,900 $252,000 $299,000 19%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 1 7 2 2 0%
Sold Dollar Volume $110,000 $698,000 $267,500 $440,000 64%
For Sale at End of Quarter 36 34 39 33 -15%
Avg MSI 0.0 11.3 39.0 33.0 -15%
Avg DOM 587 263 64 181 183%
Avg List Price $120,000 $114,557 $142,000 $262,000 85%
Avg Sale Price $110,000 $99,714 $133,750 $220,000 64%
Median Sale Price $110,000 $80,000 $133,750 $220,000 64%
Avg SP/OLP 91.67% 87.04% 94.19% 83.97% -11%
Highest Sold Price $110,000 $225,000 $145,000 $400,000 176%
Lowest Sold Price $110,000 $62,000 $122,500 $40,000 -67%
OAKLEY – WEBER CANYONThe statistics below compare 1st Quarter 2013 to 2016 for Oakley with a year-over-year percentage comparing 2016 to 2015. Oakley lies within Weber Canyon between Coalville and Peoa and is located only 17 miles from Park City. It is a quiet, peaceful community and offers some luxury farms and log homes but you can also find reasonably priced cabins and small ramblers.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 3 4 1 4 300%
Sold Dollar Volume $1,203,600 $2,227,500 $272,000 $1,007,500 270%
For Sale at End of Quarter 24 28 29 23 -21%
Avg MSI 12.0 14.0 0.0 7.7 770%
Avg DOM 361 372 27 84 211%
Avg List Price $420,933 $521,225 $272,000 $259,750 -5%
Avg Sale Price $401,200 $556,875 $272,000 $251,875 -7%
Median Sale Price $263,500 $421,250 $272,000 $272,750 0%
Avg LP/Sq. Ft. $129 $124 $80 $120 50%
Avg SP/Sq. Ft. $122 $129 $80 $115 44%
Avg SP/OLP 95.31% 106.84% 100.00% 96.97% -3%
Highest Sold Price $850,000 $1,110,000 $272,000 $387,000 42%
Lowest Sold Price $90,100 $275,000 $272,000 $75,000 -72%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 3 0 2 4 100%
Sold Dollar Volume $358,750 $0 $714,000 $189,500 -73%
For Sale at End of Quarter 13 26 25 38 52%
Avg MSI 13.0 0.0 25.0 0.0 -100%
Avg DOM 59 0 214 163 -24%
Avg List Price $135,000 $0 $382,500 $65,000 -83%
Avg Sale Price $119,583 $0 $357,000 $47,375 -87%
Median Sale Price $100,000 $0 $357,000 $38,500 -89%
Avg SP/OLP 88.58% 0.00% 93.33% 72.88% -22%
Highest Sold Price $217,000 $0 $650,000 $97,500 -85%
WOODLAND – FRANCISThe statistics below compare 1st Quarter 2013 to 2016 for Woodland/Francis with a year-over-year percentage comparing 2016 to 2015. Woodland is best known for its Wolf Creek Ranch development, which offers the largest residential land parcels in the area. The most recognized neighborhood in Francis is Wild Willow, which fea-tures large home sites and ranch style homes.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 6 2 5 4 -20%
Sold Dollar Volume $14,494,001 $699,000 $1,870,000 $1,615,900 -14%
For Sale at End of Quarter 20 19 14 13 -7%
Avg MSI 6.7 19.0 7.0 13.0 86%
Avg DOM 311 282 227 80 -65%
Avg List Price $2,889,817 $341,950 $382,780 $411,100 7%
Avg Sale Price $2,415,667 $349,500 $374,000 $403,975 8%
Median Sale Price $711,750 $349,500 $363,000 $367,500 1%
Avg LP/Sq. Ft. $398 $112 $108 $135 25%
Avg SP/Sq. Ft. $338 $116 $105 $130 24%
Avg SP/OLP 83.59% 102.21% 97.71% 98.27% 1%
Highest Sold Price $8,500,000 $499,000 $545,000 $680,900 25%
Lowest Sold Price $230,101 $200,000 $180,000 $200,000 11%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 0 6 0 5 500%
Sold Dollar Volume $0 $2,029,055 $0 $3,399,775 339977500%
For Sale at End of Quarter 39 40 37 48 30%
Avg MSI 0.0 20.0 0.0 0.0 0%
Avg DOM 0 483 0 226 22600%
Avg List Price $0 $382,467 $0 $732,800 73280000%
Avg Sale Price $0 $338,176 $0 $679,955 67995500%
Median Sale Price $0 $136,450 $0 $180,000 18000000%
Avg SP/OLP 0.00% 88.42% 0.00% 92.79% 93%
Highest Sold Price $0 $1,250,000 $0 $1,930,500 193050000%
Lowest Sold Price $0 $71,155 $0 $105,275 10527500%
WANSHIP - HOYTSVILLE - COALVILLEThe statistics below compare 1st Quarter 2013 to 2016 for Wanship, Hoytsville and Coalville with a year-over-year percentage comparing 2016 to 2015. Wanship, Hoytsville, Coalville and Rockport are located off I-80 in Summit County making it an easy four season drive to Park City, Salt Lake City, Ogden and Evanston, Wyoming. Enjoy small town living with many recreational opportunities nearby.
SINGLE FAMILY HOMES Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 8 12 7 8 14%
Sold Dollar Volume $2,670,500 $3,519,900 $1,397,600 $2,958,895 112%
For Sale at End of Quarter 39 25 30 16 -47%
Avg MSI 13.0 4.2 7.5 5.3 -29%
Avg DOM 339 308 167 119 -29%
Avg List Price $352,113 $304,617 $211,814 $379,225 79%
Avg Sale Price $333,813 $293,325 $199,657 $369,862 85%
Median Sale Price $250,000 $261,500 $201,000 $360,000 79%
Avg LP/Sq. Ft. $122 $120 $153 $147 -4%
Avg SP/Sq. Ft. $113 $115 $140 $143 2%
Avg SP/OLP 94.80% 96.29% 94.26% 97.53% 3%
Highest Sold Price $895,000 $515,000 $344,600 $499,500 45%
Lowest Sold Price $75,000 $85,000 $80,000 $305,000 281%
VACANT LAND Q1 2013 Q1 2014 Q1 2015 Q1 2016 Q1 2016 vs Q1 2015
Units Sold 1 1 13 11 -15%
Sold Dollar Volume $47,000 $60,000 $1,410,684 $1,132,873 -20%
For Sale at End of Quarter 65 73 91 61 -33%
Avg MSI 0.0 73.0 13.0 12.2 -6%
Avg DOM 336 146 338 165 -51%
Avg List Price $65,000 $65,000 $118,308 $112,921 -5%
Avg Sale Price $47,000 $60,000 $108,514 $102,988 -5%
Median Sale Price $47,000 $60,000 $80,000 $65,000 -19%
Avg SP/OLP 72.31% 92.31% 91.72% 91.20% -1%
Highest Sold Price $47,000 $60,000 $275,000 $335,000 22%
Lowest Sold Price $47,000 $60,000 $15,684 $18,000 15%
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