Page 1

MARK E T R E PO RT SUMMIT COUNTY Q1 2019


CONTE N TS SUMMIT COUNTY Q1 2019 MARKET REPORT

04 – GREATER PARK CITY 05 – PARK CITY PROPER 06 – PARK CITY EXTENDED 07 – SUMMIT COUNTY 08 – WASATCH COUNTY 09 – AERIE 10 – OLD RANCH ROAD 11 – OLD TOWN 12 – LOWER DEER VALLEY RESORT 13 – UPPER DEER VALLEY RESORT 14 – PARK MEADOWS 15 – THAYNES CANYON 16 – TRAILSIDE PARK 17 – QUINN’S JUNCTIO N 18 – PROSPECTOR 19 – DEER CREST 20 – EMPIRE PASS 21 – GLENWILD 22 – SILVER CREEK ESTATES 23 – PROMONTORY 24 – CANYONS VILLAGE 25 – SILVER SPRINGS 26 – KIMBALL 27 – SUN PEAK / BEAR HOLLOW 28 – JEREMY RANCH 29 – PINEBROOK 30 – SUMMIT PARK 31 – JORDANELLE PARK 32 – SOUTH JORDANELLE 33 – TUHAYE / HIDEOUT 34 – DEER MOUNTAIN 35 – PEOA & BROWNS CANYON 36 – KAMAS & MARION 37 – OAKLEY & WEBER CANYON 38 – WANSHIP, HOYTSVILLE, COALVILLE, ROCKPORT 39 – WOODLAND & FRANCIS Based on information from sources including Park City Board of REALTORS® MLS for the period 1-1-2018 through 12-31-2018; information not verifiable by Park City Board of REALTORS®. ©MMXIX Sotheby’s International Realty Affiliates, Inc. All Rights Reserved. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Each Office Is Independently Owned And Operated. Copyright© Summit Sotheby’s International Realty 2019.


G R E AT E R PA R K C I T Y REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SA LES Q1 2019

196

Q1 2018

224

S F SOL D VOLU ME

-13%

Single Family Homes

Q1 2019

$300,545,695

Q1 2018

$284,707,698

Condos

2018

2019

%

224

196

$284,707,698

6%

Vacant Land

2018

2019

2018

2019

-13%

175

212

21%

144

68

-53%

$300,545,695

6%

$176,978,900

$176,508,118

0%

$60,384,832

$42,975,210

-29%

$1,271,017

$1,533,396

21%

$1,011,308

$832,585

-18%

$419,339

$631,988

51%

Average Sales Price Per Sq. Ft.

$331

$333

1%

$532

$445

-16%

$0

$0

0%

List Price to Sales Price Ratio

94.78%

95.67%

1%

97.13%

97.75%

1%

93.06%

91.20%

-2%

90

121

34%

72

104

44%

240

241

0%

Active Listings

696

667

-4%

498

514

3%

670

703

5%

Months of Inventory

9.2

8.9

-3%

6.6

7.1

8%

13.1

29.3

124%

Number of Sales

Sold Vo lume

Average Sales Price

Average Days on Market

4

– Market Report

%

%


PA R K C I T Y P R O P E R REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

37

Q1 2018

36

S F SOL D VOLU ME 3%

Single Family Homes

Q1 2019

$115,989,500

Q1 2018

$81,599,863

Condos

42%

Vacant Land

2018

2019

%

2018

2019

2018

2019

36

37

3%

78

66

-15%

7

8

14%

Sold Volume

$81,599,863

$115,989,500

42%

$121,682,788

$81,706,084

-33%

$7,655,000

$13,125,000

71%

Average Sales Price

$2,266,663

$3,134,851

38%

$1,560,036

$1,237,971

-21%

$1,093,571

$1,640,625

50%

Average Sales Price Per Sq. Ft.

$645

$605

-6%

$734

$667

-9%

$0

$0

0%

List Price to Sales Price Ratio

94.74%

95.26%

1%

96.68%

96.20%

0%

90.13%

93.93%

4%

Average Days on Market

125

212

70%

78

126

62%

464

85

-82%

Active Listings

176

165

-6%

231

255

10%

47

60

28%

Months of Inventory

14.7

13.8

-6%

8.0

14.2

78%

23.5

20.0

-15%

Number of Sales

%

%

Market Report –

5


PA R K C I T Y E X T E N D E D REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N UMBE R O F SA LES Q1 2019

56

Q1 2018

52

S F SOL D VOLU ME 8%

Single Family Homes

Q1 2019

$89,198,107

Q1 2018

$88,736,240

Condos

1%

Vacant Land

2018

2019

%

2018

2019

2018

2019

52

56

8%

58

70

21%

25

12

-52%

Sold Vo lume

$88,736,240

$89,198,107

1%

$36,420,752

$55,601,326

53%

$15,364,250

$10,265,000

-33%

Average Sales Price

$1,706,466

$1,592,823

-7%

$627,944

$794,305

26%

$614,570

$855,417

39%

Average Sales Price Per Sq. Ft.

$357

$352

-1%

$452

$441

-2%

$0

$0

0%

List Price to Sales Price Ratio

93.41%

96.16%

3%

98.03%

97.32%

-1%

93.53%

93.55%

0%

Average Days on Market

101

87

-14%

56

89

59%

218

226

4%

Active Listings

177

156

-12%

173

192

11%

161

161

0%

Months of Inventory

13.6

9.2

-32%

5.8

7.4

28%

20.1

32.2

60%

Number of Sales

6

– Market Report

%

%


SUMMIT COUNTY REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N U MBE R O F SA L ES Q1 2019

119

Q1 2018

109

S F SOL D VOLU ME 9%

Single Family Homes

Q1 2019

$225,059,443

Q1 2018

$171,276,060

Condos

31%

Vacant Land

2018

2019

%

2018

2019

%

2018

2019

109

119

9%

135

137

1%

63

31

-51%

$171,276,060

$225,059,443

31%

$156,359,040

$132,089,810

-16%

$30,675,350

$26,229,650

-14%

$1,571,340

$1,891,256

20%

$1,158,215

$964,159

-17%

$486,910

$846,118

74%

Average Sales Price Per Sq. Ft.

$410

$399

-3%

$609

$529

-13%

$0

$0

0%

List Price to Sales Price Ratio

94.14%

95.46%

1%

96.98%

96.50%

0%

92.59%

93.39%

1%

Average Days on Market

108

139

29%

69

107

55%

221

201

-9%

Active Listings

424

375

-12%

400

451

13%

337

347

3%

Months of Inventory

12.5

9.4

-25%

6.9

10.5

52%

18.7

31.5

68%

Number of Sales

Sold Volume

Average Sales Price

%

Market Report –

7


WA S AT C H C O U N T Y REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

48

Q1 2018

83

S F SOL D VOLU ME

-42%

Single Family Homes

30

59

97%

78

28

-64%

$48,170,252

-48%

$16,083,213

$37,955,633

136%

$28,235,482

$13,003,400

-54%

$1,108,114

$1,003,547

-9%

$536,107

$643,316

20%

$361,993

$464,407

28%

Average Sales Price Per Sq. Ft.

$282

$243

-14%

$289

$307

6%

$0

$0

0%

List Price to Sales Price Ratio

95.77%

98.35%

3%

99.94%

101.84%

2%

95.16%

86.89%

-9%

70

103

47%

69

112

62%

262

247

-6%

Active Listings

182

201

10%

76

49

-36%

287

313

9%

Months of Inventory

5.2

10.1

94%

6.3

2.0

-68%

9.3

31.3

237%

– Market Report

%

Vacant Land

-42%

8

$91,973,438

Condos

2019

Average Days on Market

48

$91,973,438

-48%

2018

Average Sales Price

83

Q1 2018

2019

Sold Vo lume

2019

$48,170,252

2018

Number of Sales

2018

Q1 2019

%

%


AERIE REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

2

Q1 2018

2

S F SOL D VOLU ME 0%

Single Family Homes 2019

%

2018

2

2

0%

1

Sold Volume

$6,050,000

$7,445,000

23%

Average Sales Price

$3,025,000

$3,722,500

Average Sales Price Per Sq. Ft.

$640

$474

List Price to Sales Price Ratio

96.11%

94.90%

77

7

Average Days on Market

Active Listings

Months of Inventory

0.0

$7,445,000

Q1 2018

$6,050,000

23%

Condos

2018

Number of Sales

Q1 2019

Vacant Land 2019

%

2018

2019

%

0 -100%

0

2

200%

$1,640,000

$0 -100%

$0

$3,300,000

330M%

23%

$1,640,000

$0 -100%

$0

$1,650,000

165M%

-26%

$561

$0 -100%

$0

$0

0%

-1%

96.76%

0.00% -100%

0.00%

91.69%

92%

113

47%

185

0 -100%

0

15

1,500%

6

-14%

2

3

50%

2

1

-50%

6.0 600%

0.0

0.0

0%

0.0

1.0

100%

Market Report –

9


OLD RANCH ROAD REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SA L ES Q1 2019

1

Q1 2018

1

S F SOL D VOLU ME

0%

Q1 2019 Q1 2018

Single Family Homes

$27,283,125

Vacant Land

2018

2019

%

2018

1

1

0%

2

0 -100%

Sold Volume

$1,450,000

$2,820,000

94%

$4,760,000

$0 -100%

Average Sales Price

$1,450,000

$2,820,000

94%

$2,380,000

$0 -100%

Average Sales Price Per Sq. Ft.

$360

$455

26%

$0

List Price to Sales Price Ratio

85.29%

95.59%

12%

88.15%

0.00% -100%

24

4

-83%

127

0 -100%

8

5

-38%

6

7

17%

8.0

5.0

-38%

0.0

0.0

0%

Number of Sales

Average Days on Market

Active Listings

Months of Inventory

10

94%

$2,820,000

– Market Report

2019

$0

%

0%


OLD TOWN REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

8

Q1 2018

14

S F SOL D VOLU ME

-43%

Single Family Homes 2018

2019

14

8

Sold Vo lume

$23,583,006

Average Sales Price

Q1 2019

$19,717,500

Q1 2018

$23,583,006

Condos

Vacant Land

2018

2019

2018

2019

-43%

20

23

15%

2

3

50%

$19,717,500

-16%

$16,252,200

$17,781,650

9%

$2,100,000

$4,475,000

113%

$1,684,500

$2,464,688

46%

$812,610

$773,115

-5%

$1,050,000

$1,491,667

42%

Average Sales Price Per Sq. Ft.

$847

$819

-3%

$581

$585

1%

$0

$0

0%

List Price to Sales Price Ratio

97.14%

94.69%

-3%

98.24%

96.61%

-2%

83.17%

95.21%

14%

Average Days on Market

95

78

-18%

46

117

154%

582

18

-97%

Active Listings

44

56

27%

79

94

19%

7

20

186%

Months of Inventory

7.3

28.0 284%

8.8

11.8

34%

7.0

20.0

186%

Number of Sales

%

-16%

%

%

Market Report –

11


LOW E R D E E R VA L L E Y R ESO RT REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

2

Q1 2018

4

S F SOL D VOLU ME

-50%

Single Family Homes 2018

2019

4

2

Sold Volume

$8,170,000

Average Sales Price

Q1 2019

$7,750,000

Q1 2018

$8,170,000

Condos

Vacant Land

2018

2019

-50%

12

9

$7,750,000

-5%

$10,486,050

$2,042,500

$3,875,000

90%

Average Sales Price Per Sq. Ft.

$446

$419

List Price to Sales Price Ratio

92.63%

Number of Sales

Average Days on Market

Active Listings

Months of Inventory

12

– Market Report

%

-5%

%

2018

2019

%

-25%

2

1

-50%

$9,924,000

-5%

$1,330,000

$555,000

-58%

$873,838

$1,102,667

26%

$665,000

$555,000

-17%

-6%

$505

$556

10%

$0

$0

0%

99.38%

7%

96.17%

96.70%

1%

97.15%

85.52%

-12%

225

293

30%

157

108

-31%

120

118

-2%

18

18

0%

18

18

0%

2

5

150%

18.0

18.0

0%

6.0

9.0

50%

0.0

0.0

0%


U P P E R D E E R VA L L E Y R ESO RT REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

7

Q1 2018

1

S F SOL D VOLU ME 600%

Single Family Homes 2018

2019

1

7

Sold Volume

$5,700,000

Average Sales Price

Q1 2019

$36,719,000

Q1 2018

$5,700,000

Condos

Vacant Land

2018

2019

2018

2019

%

600%

4

11

175%

0

0

0%

$36,719,000

544%

$8,975,000

$23,330,134

160%

$0

$0

0%

$5,700,000

$5,245,571

-8%

$2,243,750

$2,120,921

-5%

$0

$0

0%

Average Sales Price Per Sq. Ft.

$827

$773

-7%

$702

$780

11%

$0

$0

0%

List Price to Sales Price Ratio

95.80%

96.44%

1%

93.56%

94.53%

1%

0.00%

0.00%

0%

397

481

21%

145

233

61%

0

0

0%

Active Listings

29

24

-17%

42

54

29%

1

1

0%

Months of Inventory

0.0

12.0

1,200%

21.0

54.0

157%

0.0

0.0

0%

Number of Sales

Average Days on Market

%

544%

%

Market Report –

13


PA R K M E A D O W S REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

11

Q1 2018

7

S F SOL D VOLU ME 57%

Single Family Homes 2018

2019

7

11

Sold Volume

$16,204,500

Average Sales Price

Q1 2019

$25,248,000

Q1 2018

$16,204,500

Condos

Vacant Land

2018

2019

57%

8

5

-38%

1

0 -100%

$25,248,000

56%

$11,421,138

$4,245,000

-63%

$1,050,000

$0 -100%

$2,314,929

$2,295,273

-1%

$1,427,642

$849,000

-41%

$1,050,000

$0 -100%

Average Sales Price Per Sq. Ft.

$508

$513

1%

$425

$402

-5%

$0

List Price to Sales Price Ratio

93.50%

93.72%

0%

97.96%

93.75%

-4%

91.38%

0.00% -100%

107

143

34%

43

145

237%

377

0 -100%

Active Listings

24

24

0%

7

16

129%

3

0 -100%

Months of Inventory

6.0

8.0

33%

1.8

16.0 789%

3.0

0.0 -100%

Number of Sales

Average Days on Market

14

– Market Report

%

56%

%

2018

2019

$0

%

0%


T H AY N E S C A N YO N REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SA L ES Q1 2019

4

Q1 2018

3

S F SOL D VOLU ME

33%

Single Family Homes 2018

2019

3

4

Sold Volume

$5,904,000

Average Sales Price

Q1 2019

$6,750,000

Q1 2018

$5,904,000

14%

Vacant Land 2018

2019

33%

1

0

-100%

$6,750,000

14%

$800,000

$0

-100%

$1,968,000

$1,687,500

-14%

$800,000

$0

-100%

Average Sales Price Per Sq. Ft.

$460

$339

-26%

$0

$0

0%

List Price to Sales Price Ratio

96.63%

93.14%

-4%

94.12%

0.00%

-100%

Average Days on Market

63

152

141%

88

0

-100%

Active Listings

15

6

-60%

0

2

200%

2.0 200%

0.0

0.0

Number of Sales

Months of Inventory

0.0

%

%

0%

Market Report –

15


T R A I L S I D E PA R K REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SA LES Q1 2019

2

Q1 2018

4

S F SOL D VOLU ME

-50%

Q1 2019

$2,020,000

Q1 2018

$2,815,000

Single Family Homes

2019

-50%

0

1

$2,020,000

-28%

$0

$550,000 55M%

$703,750

$1,010,000

44%

$0

$550,000 55M%

Average Sales Price Per Sq. Ft.

$197

$322

63%

$0

$0

List Price to Sales Price Ratio

98.64%

97.58%

-1%

0.00%

100.00%

100%

65

40

-38%

0

1

100%

3

3

0%

1

3 200%

0.0

0.0

0%

0.0

Sold Volume

Average Sales Price

Average Days on Market

Active Listings

Months of Inventory

16

– Market Report

2019

4

2

$2,815,000

Vacant Land 2018

Number of Sales

2018

-28%

%

0.0

%

100%

0%

0%


QUINN’S JUNCTION REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

0

Q1 2018

0

S F SOL D VOLU ME 0%

Single Family Homes

Q1 2019

$0

Q1 2018

$0

Condos

0%

Vacant Land

2018

2019

%

2018

2019

%

2018

2019

%

0

0

0%

0

0

0%

0

0

0%

Sold Vo lume

$0

$0

0%

$0

$0

0%

$0

$0

0%

Average Sales Price

$0

$0

0%

$0

$0

0%

$0

$0

0%

Average Sales Price Per Sq. Ft.

$0

$0

0%

$0

$0

0%

$0

$0

0%

List Price to Sales Price Ratio

0.00%

0.00%

0%

0.00%

0.00%

0%

0.00%

0.00%

0%

Average Days on Market

0

0

0%

0

0

0%

0

0

0%

Active Listings

0

0

0%

0

0

0%

1

1

0%

0.0

0.0

0%

0.0

0.0

0%

0.0

0.0

0%

Number of Sales

Months of Inventory

Market Report –

17


PROSPECTOR REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

1

Q1 2018

3

S F SOL D VOLU ME

-67%

Q1 2019 Q1 2018

Single Family Homes

-67%

8

10

$590,000

-78%

$1,421,900

$896,119

$590,000

-34%

Average Sales Price Per Sq. Ft.

$303

$328

List Price to Sales Price Ratio

96.87%

Average Sales Price

Average Days on Market

Active Listings

Months of Inventory

18

– Market Report

3

1

$2,688,357

2018

2019

%

25%

0

0

0%

$2,627,550

85%

$0

$0

0%

$177,738

$262,755

48%

$0

$0

0%

8%

$393

$408

4%

$0

$0

0%

92.91%

-4%

98.72%

96.84%

-2%

0.00%

0.00%

0%

201

83

-59%

34

52

53%

0

0

0%

4

5

25%

26

20

-23%

1

2

100%

6.5

6.7

3%

0.0

0.0

4.0

%

Vacant Land 2019

Sold Volume

2019

-78%

$2,688,357

Condos 2018

Number of Sales

2018

$590,000

0.0 -100%

%

0%


DEER CREST REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

1

Q1 2018

2

S F SOL D VOLU ME

-50%

Single Family Homes 2018

2019

2

1

Sold Volume

$14,425,000

Average Sales Price

Q1 2019

$6,850,000

Q1 2018

$14,425,000

Condos

Vacant Land

2018

2019

-50%

1

5

400%

1

0 -100%

$6,850,000

-53%

$1,744,500

$8,660,000

396%

$1,100,000

$0 -100%

$7,212,500

$6,850,000

-5%

$1,744,500

$1,732,000

-1%

$1,100,000

$0 -100%

Average Sales Price Per Sq. Ft.

$756

$744

-2%

$1,297

$1,077

-17%

$0

List Price to Sales Price Ratio

88.12%

97.93%

11%

97.73%

98.03%

0%

92.44%

0.00% -100%

Average Days on Market

54

254

370%

1

80

7,900%

220

0 -100%

Active Listings

15

11

-27%

9

8

-11%

4

1

15.0

11.0

-27%

9.0

4.0

-56%

0.0

0.0

Number of Sales

Months of Inventory

%

-53%

%

2018

2019

$0

%

0%

-75%

0%

Market Report –

19


E M P I R E PA S S REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

0

Q1 2018

0

S F SOL D VOLU ME 0%

Single Family Homes

Q1 2019

$0

Q1 2018

$0

Condos

Vacant Land

2018

2019

%

2018

2019

0

0

0%

25

6

Sold Volume

$0

$0

0%

$69,877,500

Average Sales Price

$0

$0

0%

Average Sales Price Per Sq. Ft.

$0

$0

List Price to Sales Price Ratio

0.00%

Average Days on Market

Active Listings

Number of Sales

Months of Inventory

20

– Market Report

0%

%

2018

2019

%

-76%

0

0

0%

$17,815,250

-75%

$0

$0

0%

$2,795,100

$2,969,208

6%

$0

$0

0%

0%

$1,156

$1,195

3%

$0

$0

0%

0.00%

0%

96.54%

96.74%

0%

0.00%

0.00%

0%

0

0

0%

82

121

48%

0

0

0%

9

6

-33%

48

44

-8%

8

4

-50%

0.0

0.0

0%

8.0

22.0

175%

0.0

0.0

0%


GLENWILD REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SAL ES Q1 2019

6

Q1 2018

3

S F SOL D VOLU ME

100%

Single Family Homes 2018

2019

3

6

Sold Volume

$15,925,000

Average Sales Price

Q1 2019

$14,960,000

Q1 2018

$15,925,000

-6%

Vacant Land 2018

2019

%

100%

2

2

0%

$14,960,000

-6%

$1,315,000

$1,005,000

-24%

$5,308,333

$2,493,333

-53%

$657,500

$502,500

-24%

Average Sales Price Per Sq. Ft.

$572

$355

-38%

$0

$0

0%

List Price to Sales Price Ratio

89.27%

92.04%

3%

95.99%

94.37%

-2%

Average Days on Market

141

142

1%

141

264

87%

Active Listings

24

21

-13%

33

31

-6%

Months of Inventory

0.0

7.0 700%

0.0

0.0

0%

Number of Sales

%

Market Report –

21


S I LV E R C R E E K E S TAT E S REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

4

Q1 2018

6

S F SOL D VOLU ME

-33%

Single Family Homes 2018

2019

6

4

Sold Volume

$9,172,500

Average Sales Price

Q1 2019

$7,295,000

Q1 2018

$9,172,500

Condos

Vacant Land

2018

2019

-33%

0

2

$7,295,000

-20%

$0

$1,528,750

$1,823,750

19%

$0

$712,500

Average Sales Price Per Sq. Ft.

$370

$387

5%

$0

$132

List Price to Sales Price Ratio

95.70%

97.41%

2%

0.00%

100.00%

100%

94.65%

0.00% -100%

71

25

-65%

0

3

300%

133

0 -100%

8

9

13%

4

1

-75%

13

14

8%

0.0

0.0

0%

0.0

0.0

0%

Number of Sales

Average Days on Market

Active Listings

Months of Inventory

22

– Market Report

4.0

%

-20%

0.0 -100%

%

200%

$1,425,000 142500000%

71250000%

13200%

2018

2019

%

1

0 -100%

$850,000

$0 -100%

$850,000

$0 -100%

$0

$0

0%


PROMONTORY REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SAL ES Q1 2019

14

Q1 2018

9

S F SOL D VOLU ME

56%

Q1 2019 Q1 2018

Single Family Homes

56%

16

5

-69%

$29,578,107

42%

$7,544,250

$3,475,000

-54%

$2,318,278

$2,112,722

-9%

$471,516

$695,000

47%

Average Sales Price Per Sq. Ft.

$507

$437

-14%

$0

$0

0%

List Price to Sales Price Ratio

96.58%

99.44%

3%

96.55%

95.78%

-1%

156

112

-28%

265

175

-34%

74

61

-18%

77

83

8%

24.7

20.3

-18%

15.4

27.7

80%

Average Sales Price

Average Days on Market

Active Listings

Months of Inventory

9

14

$20,864,500

Vacant Land 2019

Sold Volume

2019

$20,864,500

2018

Number of Sales

2018

42%

$29,578,107

%

%

Market Report –

23


CANYONS VILLAGE REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

0

Q1 2018

0

S F SOL D VOLU ME 0%

Single Family Homes

Q1 2019

$15,720,000

Q1 2018

$16,270,000

Condos

Vacant Land

2018

2019

%

2018

2019

3

3

0%

35

28

Sold Vo lume

$16,270,000

$15,720,000

-3%

$24,032,252

Average Sales Price

$5,423,333

$5,240,000

-3%

Average Sales Price Per Sq. Ft.

$678

$667

List Price to Sales Price Ratio

89.69%

93.31%

145

385

Active Listings

22

Months of Inventory

0.0

Number of Sales

Average Days on Market

24

– Market Report

-3%

%

2018

2019

%

-20%

1

2

100%

$30,306,062

26%

$2,375,000

$4,795,000

102%

$686,636

$1,082,359

58%

$2,375,000

$2,397,500

1%

-2%

$526

$632

20%

$0

$0

0%

4%

97.15%

96.55%

-1%

91.35%

95.42%

4%

166%

80

172

115%

1378

241

-83%

18

-18%

141

152

8%

21

25

19%

0.0

0%

7.8

13.8

77%

0.0

25.0 2,500%


S I LV E R S P R I N G S REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SAL ES Q1 2019

3

Q1 2018

4

S F SOL D VOLU ME

-25%

Q1 2019

$3,535,000

Q1 2018

$4,329,000

Single Family Homes

-18%

Condos

2018

2019

4

3

-25%

1

0 -100%

Sold Volume

$4,329,000

$3,535,000

-18%

$629,000

$0 -100%

Average Sales Price

$1,082,250

$1,178,333

9%

$629,000

$0 -100%

Average Sales Price Per Sq. Ft.

$317

$392

24%

$330

$0 -100%

List Price to Sales Price Ratio

92.46%

94.65%

2%

98.44%

0.00% -100%

61

112

84%

66

0 -100%

4

3

-25%

0

0

0%

0.0

1.5

150%

0.0

0.0

0%

Number of Sales

Average Days on Market

Active Listings

Months of Inventory

%

2018

2019

%

Market Report –

25


KIMBALL REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

2

Q1 2018

1

S F SOL D VOLU ME 100%

Single Family Homes 2018

2019

1

2

Sold Vo lume

$573,000

Average Sales Price

Q1 2019

$1,279,000

Q1 2018

$573,000

100%

Condos 2018

2019

%

2018

2019

%

100%

11

12

9%

0

0

0%

$1,279,000

123%

$4,146,500

$4,862,800

17%

$0

$0

0%

$573,000

$639,500

12%

$376,955

$405,233

8%

$0

$0

0%

Average Sales Price Per Sq. Ft.

$305

$356

17%

$338

$368

9%

$0

$0

0%

List Price to Sales Price Ratio

99.65%

97.04%

-3%

99.83%

97.97%

-2%

0.00%

0.00%

0%

Average Days on Market

17

19

12%

17

46

171%

0

0

0%

Active Listings

0

1

100%

19

20

5%

1

2

100%

0.0

0.0

0%

2.7

3.3

22%

0.0

0.0

Number of Sales

Months of Inventory

26

– Market Report

%

Vacant Land

0%


SUN PEAK/BEAR HOLLOW REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

4

Q1 2018

6

S F SOL D VOLU ME

-33%

Single Family Homes 2018

2019

6

4

Sold Volume

$9,122,000

Average Sales Price

Q1 2019

$6,705,000

Q1 2018

$9,122,000

Condos

Vacant Land

2018

2019

-33%

3

6

$6,705,000

-26%

$3,387,500

$1,520,333

$1,676,250

10%

Average Sales Price Per Sq. Ft.

$409

$387

List Price to Sales Price Ratio

94.05%

93.84%

105

56

-47%

6

Active Listings

10

9

-10%

5

5

Months of Inventory

3.3

4.5

36%

1.7

5.0

Number of Sales

Average Days on Market

%

-26%

%

2018

2019

%

100%

0

0

0%

$5,975,200

76%

$0

$0

0%

$1,129,167

$995,867

-12%

$0

$0

0%

-5%

$435

$375

-14%

$0

$0

0%

0%

99.49%

98.00%

-1%

0.00%

0.00%

0%

0

0

0%

2

1

-50%

0.0

0.0

39 550%

0%

194%

0%

Market Report –

27


JEREMY RANCH REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

10

Q1 2018

5

S F SOL D VOLU ME 100%

Q1 2019 Q1 2018

Single Family Homes

$5,111,240

Condos

2019

5

10

100%

1

Sold Volume

$5,111,240

$9,674,000

89%

$590,000

Average Sales Price

$1,022,248

$967,400

-5%

$590,000

$679,066

Average Sales Price Per Sq. Ft.

$279

$238

-15%

$258

List Price to Sales Price Ratio

96.08%

96.37%

0%

97.52%

Average Days on Market

51

98

92%

22

Active Listings

21

16

-24%

2

21.0

5.3

-75%

0.0

Months of Inventory

28

– Market Report

2018

Vacant Land

2018

Number of Sales

%

89%

$9,674,000

2019

%

2018

2019

4 300%

1

2

100%

$2,716,264 360%

$545,000

$755,000

39%

15%

$545,000

$377,500

-31%

$286

11%

$0

$0

0%

97.61%

0%

99.09%

95.57%

-4%

133

382

187%

100%

9

8

-11%

4.0 400%

9.0

8.0

-11%

84 282%

4

%


PINEBROOK REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

6

Q1 2018

9

S F SOL D VOLU ME

-33%

Single Family Homes 2018

2019

9

6

$8,500,000

$5,822,000

$944,444

$970,333

Average Sales Price Per Sq. Ft.

$212

List Price to Sales Price Ratio

Number of Sales

Sold Volume

Average Sales Price

Average Days on Market

Active Listings

Months of Inventory

Q1 2019

$5,822,000

Q1 2018

$8,500,000

Condos %

-32%

Vacant Land

2018

2019

%

2018

2019

%

-33%

6

19

217%

1

1

0%

-32%

$3,500,000

$10,170,000

191%

$150,000

$330,000

120%

3%

$583,333

$535,263

-8%

$150,000

$330,000

120%

$254

20%

$275

$314

14%

$0

$0

0%

95.99%

98.06%

2%

100.72%

98.72%

-2%

100.00%

94.31%

-6%

130

28

-78%

7

28 300%

138

168

22%

9

15

67%

5

11

120%

1

5 400%

4.5

5.0

11%

2.5

1.6

-36%

1.0

5.0 400%

Market Report –

29


S U M M I T PA R K REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SA LES Q1 2019

3

Q1 2018

2

S F SOL D VOLU ME

50%

Q1 2019

$1,560,000

Q1 2018

$1,304,000

Single Family Homes

Vacant Land

2018

2019

2

3

50%

2

0 -100%

$1,304,000

$1,560,000

20%

$200,000

$0 -100%

$652,000

$520,000

-20%

$100,000

$0 -100%

Average Sales Price Per Sq. Ft.

$207

$265

28%

$0

List Price to Sales Price Ratio

97.46%

96.06%

-1%

81.63%

0.00% -100%

40

52

30%

145

0 -100%

8

5

-38%

16

0.0 -100%

16.0

Number of Sales

Sold Volume

Average Sales Price

Average Days on Market

Active Listings

Months of Inventory

30

20%

– Market Report

8.0

%

2018

2019

$0

3

%

0%

-81%

0.0 -100%


J O R DA N E L L E PA R K REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N UMBE R O F SA L ES Q1 2019

0

Q1 2018

0

S F SOL D VOLU ME 0%

Single Family Homes

Q1 2019

$0

Q1 2018

$0

Condos

Vacant Land

2018

2019

%

2018

2019

0

0

0%

2

1

Sold Vo lume

$0

$0

0%

$1,124,500

Average Sales Price

$0

$0

0%

Average Sales Price Per Sq. Ft.

$0

$0

List Price to Sales Price Ratio

0.00%

Average Days on Market

Active Listings

Number of Sales

Months of Inventory

0%

2018

2019

%

-50%

0

0

0%

$326,000

-71%

$0

$0

0%

$562,250

$326,000

-42%

$0

$0

0%

0%

$357

$317

-11%

$0

$0

0%

0.00%

0%

100.00%

97.34%

-3%

0.00%

0.00%

0%

0

0

0%

566

42

-93%

0

0

0%

0

1

100%

4

5

25%

2

5

150%

0.0

0.0

0.0

0.0

0%

0.0

0.0

0%

%

0%

Market Report –

31


SOUTH JORDANELLE REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

4

Q1 2018

10

S F SOL D VOLU ME

-60%

Single Family Homes 2018

2019

10

4

Sold Volume

$22,026,554

Average Sales Price

$9,678,877

Q1 2018

$22,026,554

Condos

Vacant Land

2018

2019

-60%

2

1

$9,678,877

-56%

$1,134,000

$2,202,655

$2,419,719

10%

Average Sales Price Per Sq. Ft.

$614

$713

List Price to Sales Price Ratio

99.02%

105.43%

64

1

-98%

7

7

0%

2.3

7.0

Number of Sales

Average Days on Market

Active Listings

Months of Inventory

32

– Market Report

%

-56%

Q1 2019

2018

2019

-50%

13

4

-69%

$629,000

-45%

$8,767,942

$2,845,000

-68%

$567,000

$629,000

11%

$674,457

$711,250

5%

16%

$201

$183

-9%

$0

$0

0%

6%

98.78%

100.00%

1%

97.11%

96.28%

-1%

134

126

-6%

156

142

-9%

6

2

-67%

22

29

32%

3.0

2.0

-33%

4.4

204%

%

%

14.5 230%


T U H AY E / H I D E O U T REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

1

Q1 2018

5

S F SOL D VOLU ME

-80%

Q1 2019 Q1 2018

Single Family Homes 2018

2019

5

1

Sold Vo lume

$8,355,250

Average Sales Price

Vacant Land

2018

2019

-80%

0

13

$2,100,000

-75%

$0

$10,697,572

$1,671,050

$2,100,000

26%

$0

$822,890

Average Sales Price Per Sq. Ft.

$359

$380

6%

$0

$253

List Price to Sales Price Ratio

93.56%

87.68%

-6%

0.00%

112.65%

Number of Sales

$8,355,250

Condos %

-75%

$2,100,000

%

1,300%

1B%

82M%

25,300%

113%

2018

2019

%

17

7

-59%

$5,189,500

$1,720,000

-67%

$305,265

$245,714

-20%

$0

$0

0%

94.23%

85.83%

-9%

Average Days on Market

45

172 282%

0

11

1,100%

307

249

-19%

Active Listings

19

24

2

3

50%

51

55

8%

0.0

0.5

50%

6.4

Months of Inventory

9.5

26%

0.0 -100%

27.5 330%

Market Report –

33


D E E R M O U N TA I N REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

1

Q1 2018

1

S F SOL D VOLU ME 0%

Single Family Homes

Q1 2019

$1,500,000

Q1 2018

$745,000

Condos

Vacant Land

2018

2019

%

2018

2019

1

1

0%

17

24

Sold Vo lume

$745,000

$1,500,000

101%

$9,756,963

Average Sales Price

$745,000

$1,500,000

101%

Average Sales Price Per Sq. Ft.

$240

$254

List Price to Sales Price Ratio

98.68%

Number of Sales

Average Days on Market

Active Listings

Months of Inventory

34

– Market Report

101%

2018

2019

41%

21

2

-90%

$13,169,326

35%

$7,584,500

$710,000

-91%

$573,939

$548,722

-4%

$361,167

$355,000

-2%

6%

$279

$253

-9%

$0

$0

0%

95.54%

-3%

100.89%

98.12%

-3%

99.46%

92.93%

-7%

241

312

29%

27

211

681%

297

250

-16%

6

7

17%

33

19

-42%

22

12

-45%

5.5

3.2

-42%

2.4

6.0

0.0 -100%

%

%

0.0 -100%


PEOA & BROWNS CANYON REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SA L ES Q1 2019

0

Q1 2018

0

S F SOL D VOLU ME

0%

Q1 2019

$0

Q1 2018

$0

0%

Single Family Homes

Vacant Land

2018

2019

%

2018

2019

0

0

0%

0

2

200%

Sold Volume

$0

$0

0%

$0

$1,394,400

139M%

Average Sales Price

$0

$0

0%

$0

$697,200

69M%

Average Sales Price Per Sq. Ft.

$0

$0

0%

$0

$0

0%

List Price to Sales Price Ratio

0.00%

0.00%

0%

0.00%

85.81%

86%

Average Days on Market

0

0

0%

0

522

Active Listings

4

1

-75%

16

8

0.0

0.0

0%

0.0

0.0

Number of Sales

Months of Inventory

%

52,200%

-50%

0%

Market Report –

35


KAMAS & MARION REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

SF N UMBE R O F SA LES Q1 2019

8

Q1 2018

4

S F SOL D VOLU ME 100%

Q1 2019 Q1 2018

Single Family Homes 2018

2019

2018

2019

4

8

100%

0

2

$2,482,500

$4,359,950

76%

$0

$620,625

$544,994

-12%

Average Sales Price Per Sq. Ft.

$177

$238

List Price to Sales Price Ratio

97.35%

Number of Sales

Sold Volume

Average Sales Price

Average Days on Market

Active Listings

Months of Inventory

36

– Market Report

$2,482,500

Condos %

76%

$4,359,950

Vacant Land %

2018

2019

200%

9

1

-89%

$910,900

91M%

$1,538,000

$272,250

-82%

$0

$455,450

45M%

$170,889

$272,250

59%

34%

$0

$213

$0

$0

0%

96.17%

-1%

0.00%

100.32%

93.73%

99.00%

6%

103

142

38%

0

23

2,300%

133

14

-89%

18

16

-11%

0

6

600%

17

21

24%

9.0

8.0

-11%

0.0

0.0

0%

4.3

0.0

-100%

21,300%

100%

%


OAKLEY & WEBER CANYON REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SAL ES Q1 2019

7

Q1 2018

9

S F SOL D VOLU ME

-22 %

Q1 2019 Q1 2018

Single Family Homes

44%

$9,913,500

$6,898,657

Vacant Land

2018

2019

9

7

-22%

6

0 -100%

$6,898,657

$9,913,500

44%

$1,970,000

$0 -100%

$766,517

$1,416,214

85%

$328,333

$0 -100%

Average Sales Price Per Sq. Ft.

$211

$247

17%

$0

List Price to Sales Price Ratio

90.09%

91.75%

2%

90.62%

0.00% -100%

106

178

68%

135

0 -100%

18

12

-33%

25

6.0

6.0

0%

Number of Sales

Sold Volume

Average Sales Price

Average Days on Market

Active Listings

Months of Inventory

%

2018

25.0

2019

$0

26

%

0%

4%

0.0 -100%

Market Report –

37


WA N S H I P, H OY T S V I L L E , C O A LV I L L E , R O C K P O R T REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SAL ES Q1 2019

5

Q1 2018

6

S F SOL D VOLU ME

-17%

Single Family Homes

6

-50%

$2,226,750

-7%

$1,361,600

$880,000

-35%

$400,000

$445,350

11%

$113,467

$146,667

29%

Average Sales Price Per Sq. Ft.

$206

$160

-22%

$0

$0

0%

List Price to Sales Price Ratio

97.80%

93.48%

-4%

89.43%

93.33%

4%

158

133

-16%

166

228

37%

24

22

-8%

47

52

11%

24.0

11.0

-54%

23.5

17.3

-26%

Active Listings

Months of Inventory

38

– Market Report

$2,400,000

Vacant Land

12

Average Days on Market

5

$2,400,000

-17%

Average Sales Price

6

Q1 2018

-7%

2019

Sold Volume

2019

$2,226,750

2018

Number of Sales

2018

Q1 2019

%

%


WOODLAND & FRANCIS REAL ESTATE DATA COMPARING Q1 2018 TO Q1 2019

S F N U MBE R O F SA L ES Q1 2019

6

Q1 2018

4

S F SOL D VOLU ME

50%

Q1 2019 Q1 2018

Single Family Homes

50%

5

3

-40%

$3,371,636

54%

$4,134,000

$1,093,000

-74%

$545,950

$561,939

3%

$826,800

$364,333

-56%

Average Sales Price Per Sq. Ft.

$164

$157

-4%

$0

$0

0%

List Price to Sales Price Ratio

98.02%

95.55%

-3%

93.98%

95.25%

1%

Average Days on Market

31

127

310%

539

232

-57%

Active Listings

15

16

7%

30

24

-20%

5.0

3.2

-36%

15.0

Average Sales Price

Months of Inventory

4

6

$2,183,800

Vacant Land 2019

Sold Volume

2019

$2,183,800

2018

Number of Sales

2018

54%

$3,371,636

%

%

0.0 -100%

Market Report –

39


OUR O F F I C ES – 1750 Park Avenue Park City 625 Main Street Park City 545 Main Street #C Park City 1101 Park Avenue Park City Mont Cervin Plaza #105 Park City 8417 E Ranch Club Trail Drive Park City 7085 Glenwild Drive Park City 362 N Main Street Heber City 8020 Victor y Ranch Road Kamas 2455 Parley ’s Way, Suite 240 Salt Lake City 870 East 900 South Salt Lake City 13693 South 200 West, Suite 100 Draper 151 N Main Street St. George –

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Profile for Summit Sotheby's International Realty

2019 Q1 Summit SIR Market Report - Summit County  

2019 Q1 Summit SIR Market Report - Summit County