Page 1

MARK E T R E PO RT SUMMIT COUNTY Q3 2019


CONTE N TS SUMMIT COUNTY Q3 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 7-1-2019 through 9-30-2019; 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 Q3 2018 TO Q3 2019

S F N UMBE R O F SA L ES Q3 2019

392

Q3 2018

365

S F SOL D VOLU ME 7%

Single Family Homes

Q3 2019

$522,804,944

Q3 2018

$448,912,111

Condos

Vacant Land

2018

2019

%

2018

2019

%

365

392

7%

202

286

$448,912,111

$522,804,944

16%

$152,351,511

$1,229,896

$1,333,686

8%

Average Sales Price Per Sq. Ft.

$313

$325

List Price to Sales Price Ratio

94.72%

95.95%

81

67

904

8.1

Number of Sales

Sold Volume

Average Sales Price

Average Days On Market

Active Listings

Months of Inventory

4

– Market Report

16%

2018

2019

%

42%

167

167

0%

$232,875,799

53%

$78,086,329

$71,546,000

-8%

$754,215

$814,251

8%

$467,583

$428,419

-8%

4%

$427

$445

4%

$0

$0

0%

1%

97.39%

97.84%

0%

93.93%

94.22%

0%

-17%

103

121

17%

187

136

-27%

722

-20%

582

425

-27%

819

805

-2%

6.0

-26%

8.6

3.9

-55%

14.9

16.4

10%


PA R K C I T Y P R O P E R REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N U MBE R O F SA L ES Q3 2019

53

Q3 2018

39

S F SOL D VOLU ME 36%

Single Family Homes

53

$108,959,667

$108,959,667

Condos %

30%

Vacant Land

36%

73

101

$141,248,415

30%

$80,628,637

$2,793,838

$2,665,064

-5%

Average Sales Price Per Sq. Ft.

$615

$568

List Price to Sales Price Ratio

93.22%

94.37%

Average Days On Market

180

111

Active Listings

192

Months of Inventory

16.0

Average Sales Price

39

Q3 2018

2019

Sold Volume

2019

$141,248,415

2018

Number of Sales

2018

Q3 2019

%

2018

2019

%

38%

6

6

0%

$97,128,764

20%

$9,010,000

$7,710,000

-14%

$1,104,502

$961,671

-13%

$1,501,667

$1,285,000

-14%

-8%

$600

$541

-10%

$0

$0

0%

1%

96.04%

95.68%

0%

96.37%

95.26%

-1%

-38%

122

109

-11%

128

140

9%

145

-24%

220

174

-21%

53

65

23%

12.1

-24%

10.5

4.7

-55%

26.5

13.0

-51%

Market Report –

5


PA R K C I T Y E X T E N D E D REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N UMBE R O F SA LES Q3 2019

102

Q3 2018

116

S F SOL D VOLU ME

-12%

Single Family Homes

Q3 2019

$172,073,106

Q3 2018

$180,748,431

Condos 2019

-12%

56

96

$172,073,106

-5%

$37,351,766

$1,558,176

$1,686,991

8%

Average Sales Price Per Sq. Ft.

$362

$380

List Price to Sales Price Ratio

95.94%

97.27%

74

59

Active Listings

219

Months of Inventory

7.8

Sold Volume

Average Sales Price

Average Days On Market

6

– Market Report

2019

%

116

102

$180,748,431

Vacant Land

2018

Number of Sales

2018

-5%

%

2018

2019

%

71%

48

27

-44%

$92,154,851

147%

$24,753,512

$14,419,000

-42%

$666,996

$959,946

44%

$515,698

$534,037

4%

5%

$431

$528

23%

$0

$0

0%

1%

98.05%

98.38%

0%

96.49%

95.45%

-1%

-20%

105

183

74%

86

173

101%

191

-13%

230

175

-24%

187

176

-6%

6.4

-18%

11.0

4.3

-61%

12.5

29.3

134%


SUMMIT COUNTY REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SA L ES Q3 2019

207

Q3 2018

210

S F SOL D VOLU ME -1%

Single Family Homes

Q3 2019

$341,194,079

Q3 2018

$311,417,963

Condos

Vacant Land

2018

2019

%

2018

2019

%

210

207

-1%

130

200

Sold Volume

$311,417,963

$341,194,079

10%

$118,166,303

Average Sales Price

$1,482,943

$1,648,281

11%

Average Sales Price Per Sq. Ft.

$367

$394

List Price to Sales Price Ratio

95.08%

95.97%

89

73

525

9.1

Number of Sales

Average Days On Market

Active Listings

Months of Inventory

10%

2018

2019

%

54%

98

72

-27%

$190,756,115

61%

$43,558,712

$28,911,400

-34%

$908,972

$953,781

5%

$444,477

$401,547

-10%

7%

$524

$533

2%

$0

$0

0%

1%

96.67%

96.98%

0%

95.06%

94.60%

0%

-18%

114

144

26%

236

155

-34%

410

-22%

454

351

-23%

404

408

1%

6.4

-30%

10.8

4.5

-58%

13.5

20.4

51%

Market Report –

7


WA S AT C H C O U N T Y REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA L ES Q3 2019

126

Q3 2018

117

S F SOL D VOLU ME 8%

Single Family Homes

Q3 2019

$105,640,000

Q3 2018

$102,881,916

Condos

3%

Vacant Land

2018

2019

%

2018

2019

2018

2019

117

126

8%

61

60

-2%

66

83

26%

$102,881,916

$105,640,000

3%

$29,367,425

$33,659,109

15%

$32,700,467

$37,827,100

16%

$879,333

$838,413

-5%

$481,433

$560,985

17%

$495,462

$455,748

-8%

Average Sales Price Per Sq. Ft.

$248

$247

0%

$248

$257

4%

$0

$0

0%

List Price to Sales Price Ratio

96.85%

97.28%

0%

100.43%

102.00%

2%

92.07%

94.73%

3%

61

60

-2%

67

65

-3%

108

124

15%

Active Listings

265

237

-11%

88

62

-30%

373

344

-8%

Months of Inventory

6.3

6.1

-3%

4.2

2.7

-36%

14.9

15.6

5%

Number of Sales

Sold Volume

Average Sales Price

Average Days On Market

8

– Market Report

%

%


AERIE REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SA L ES Q 3 2019

0

Q 3 2018

3

S F SOL D VOLU ME -100%

Single Family Homes 2018

Number of Sales

2019

Q3 2019

0

Q3 2018

$13,597,500

-100%

Condos %

Vacant Land

2018

2019

%

2018

2019

%

3

0 -100%

0

1

100%

0

0

0%

Sold Volume

$13,597,500

$0 -100%

$0

$1,500,000

150M%

$0

$0

0%

Average Sales Price

$4,532,500

$0 -100%

$0

$1,500,000

150M%

$0

$0

0%

Average Sales Price Per Sq. Ft.

$742

$0 -100%

$0

$0

$0

0%

List Price to Sales Price Ratio

93.49%

0.00% -100%

0.00%

93.23%

0.00%

0.00%

0%

152

0 -100%

0

35

3,500%

0

0

0%

1

-89%

2

3

50%

2

2

0%

0.0 -100%

0.0

0.0

0%

0.0

0.0

0%

Average Days On Market

Active Listings

Months of Inventory

9

4.5

$525 52,500%

93%

Market Report –

9


OLD RANCH ROAD REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SA LES Q 3 2019

1

Q 3 2018

3

S F SOL D VOLU ME

-67%

Q3 2018

$9,200,000

Single Family Homes 2018

2019

3

1

Sold Volume

$9,200,000

Average Sales Price

Vacant Land 2018

2019

-67%

0

1

100%

$2,200,000

-76%

$0

$2,150,000

215M%

$3,066,667

$2,200,000

-28%

$0

$2,150,000

215M%

Average Sales Price Per Sq. Ft.

$482

$488

1%

$0

$0

0%

List Price to Sales Price Ratio

95.29%

93.62%

-2%

0.00%

97.73%

98%

122

15

-88%

0

118

6

4

-33%

7

9

29%

0.0

0.0

0.0

0.0

0%

Number of Sales

Average Days On Market

Active Listings

Months of Inventory

10

-76%

$2,200,000

Q3 2019

– Market Report

%

0%

%

11,800%


OLD TOWN REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

18

Q3 2018

12

S F SOL D VOLU ME 50%

Q3 2019 Q3 2018

Single Family Homes

50%

22

34

$35,887,809

72%

$16,622,835

$1,737,097

$1,993,767

15%

Average Sales Price Per Sq. Ft.

$697

$758

List Price to Sales Price Ratio

92.54%

94.84%

Average Days On Market

217

170

Active Listings

54

Months of Inventory

9.0

Average Sales Price

12

18

$20,845,167

%

Vacant Land 2019

Sold Volume

2019

$20,845,167

Condos 2018

Number of Sales

2018

72%

$35,887,809

%

2018

2019

%

55%

2

2

0%

$23,341,613

40%

$2,435,000

$2,925,000

20%

$755,583

$686,518

-9%

$1,217,500

$1,462,500

20%

9%

$636

$560

-12%

$0

$0

0%

2%

96.79%

97.07%

0%

93.65%

99.15%

6%

-22%

97

82

-15%

143

198

38%

52

-4%

76

67

-12%

10

18

80%

13.0

44%

12.7

5.6

-56%

10.0

18.0

80%

Market Report –

11


LOW E R D E E R VA L L E Y R ESO RT REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

3

Q3 2018

2

S F SOL D VOLU ME 50%

Single Family Homes 2018

2019

2

3

Sold Volume

$4,985,000

Average Sales Price

Q3 2019

$6,030,302

Q3 2018

$4,985,000

Condos

Vacant Land

2018

2019

50%

13

17

$6,030,302

21%

$12,010,500

$2,492,500

$2,010,101

-19%

Average Sales Price Per Sq. Ft.

$544

$364

-33%

List Price to Sales Price Ratio

86.10%

93.58%

204

Number of Sales

Average Days On Market

Active Listings

Months of Inventory

12

– Market Report

%

2 1%

%

2018

2019

%

31%

1

1

0%

$18,935,000

58%

$775,000

$545,000

-30%

$923,885

$1,113,824

21%

$775,000

$545,000

-30%

$469

$508

8%

$0

$0

0%

9%

97.43%

95.53%

-2%

96.88%

95.63%

-1%

293

44%

85

81

-5%

27

33

22%

18

11

-39%

22

11

-50%

2

5

150%

0.0

0.0

0%

7.3

2.2

-70%

0.0

5.0 500%


U P P E R D E E R VA L L E Y R ESO RT REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

3

Q3 2018

5

S F SOL D VOLU ME

-40%

Single Family Homes 2018

2019

5

3

Sold Volume

$22,735,000

Average Sales Price

Q3 2019

$14,750,000

Q3 2018

$22,735,000

Condos 2019

-40%

6

11

$14,750,000

-35%

$17,684,000

$4,547,000

$4,916,667

8%

Average Sales Price Per Sq. Ft.

$779

$728

List Price to Sales Price Ratio

93.25%

Average Days On Market

Active Listings

Months of Inventory

%

Vacant Land

2018

Number of Sales

-35%

%

2018

2019

%

83%

0

1

100%

$17,643,500

0%

$0

$1,700,000

170M%

$2,947,333

$1,603,955

-46%

$0

$1,700,000

170M%

-7%

$817

$619

-24%

$0

$0

0%

90.56%

-3%

94.95%

93.46%

-2%

0.00%

85.00%

85%

464

188

-59%

321

344

7%

0

25

2,500%

25

19

-24%

39

36

-8%

1

2

100%

12.5

19.0

52%

0.0

4.5

450%

0.0

2.0

200%

Market Report –

13


PA R K M E A D O W S REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

18

Q3 2018

8

S F SOL D VOLU ME 125%

Single Family Homes 2018

2019

8

18

Sold Volume

$15,709,500

Average Sales Price

Q3 2019

$37,496,500

Q3 2018

$15,709,500

Condos

Vacant Land

2018

2019

125%

8

16

$37,496,500

139%

$7,105,000

$1,963,688

$2,083,139

6%

Average Sales Price Per Sq. Ft.

$503

$453

List Price to Sales Price Ratio

95.15%

Average Days On Market

Active Listings

Number of Sales

Months of Inventory

14

– Market Report

%

139%

%

2018

2019

%

100%

0

0

0%

$18,626,251

162%

$0

$0

0%

$888,125

$1,164,141

31%

$0

$0

0%

-10%

$404

$463

15%

$0

$0

0%

94.56%

-1%

98.90%

97.10%

-2%

0.00%

0.00%

0%

31

61

97%

26

75

188%

0

0

0%

38

23

-39%

15

11

-27%

3

0 -100%

38.0

11.5

-70%

3.8

1.6

-58%

0.0

0.0

0%


T H AY N E S C A N YO N REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SA L ES Q 3 2019

2

Q 3 2018

3

S F SOL D VOLU ME

-33%

Single Family Homes 2018

2019

3

2

Sold Volume

$5,587,500

Average Sales Price

Q3 2019

$4,130,000

Q3 2018

$5,587,500

-26%

Vacant Land 2018

2019

-33%

1

0

-100%

$4,130,000

-26%

$525,000

$0

-100%

$1,862,500

$2,065,000

11%

$525,000

$0

-100%

Average Sales Price Per Sq. Ft.

$408

$441

8%

$0

$0

0%

List Price to Sales Price Ratio

93.62%

95.93%

2%

87.65%

0.00%

-100%

119

13

-89%

91

0

-100%

12

13

8%

1

2

100%

12.0

13.0

8%

0.0

0.0

Number of Sales

Average Days On Market

Active Listings

Months of Inventory

%

%

0%

Market Report –

15


T R A I L S I D E PA R K REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SA LES Q 3 2019

9

Q 3 2018

10

S F SOL D VOLU ME

-10 %

Q3 2019

$8,462,500

Q3 2018

$10,052,000

Single Family Homes 2018

2019

10

9

Sold Volume

$10,052,000

Average Sales Price

Vacant Land 2018

2019

%

-10%

0

0

0%

$8,462,500

-16%

$0

$0

0%

$1,005,200

$940,278

-6%

$0

$0

0%

Average Sales Price Per Sq. Ft.

$286

$314

10%

$0

$0

0%

List Price to Sales Price Ratio

98.77%

98.99%

0%

0.00%

0.00%

0%

Average Days On Market

17

37

118%

0

0

0%

Active Listings

4

4

0%

4

3

-25%

0.0

0.0

Number of Sales

Months of Inventory

16

-16%

– Market Report

4.0

%

0.0 -100%

0%


QUINN’S JUNCTION REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA L ES Q3 2019

0

Q3 2018

0

S F SOL D VOLU ME 0%

Single Family Homes

Q3 2019

0

Q3 2018

0

0%

Condos

Vacant Land

2018

2019

%

2018

2019

%

2018

2019

%

0

0

0%

0

0

0%

0

0

0%

Sold Volume

$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

1

100%

0

0

0%

0.0

0.0

0%

0.0

0.0

0.0

0.0

0%

Number of Sales

Months of Inventory

0%

Market Report –

17


PROSPECTOR REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

6

Q3 2018

2

S F SOL D VOLU ME 200%

Single Family Homes

$6,743,804

241%

$4,717,242

$987,500

$1,123,967

14%

Average Sales Price Per Sq. Ft.

$302

$311

List Price to Sales Price Ratio

101.54%

97.74%

Months of Inventory

18

– Market Report

1

%

241%

Vacant Land

18

Active Listings

$1,975,000

Condos

15

Average Days On Market

6

$1,975,000

200%

Average Sales Price

2

Q3 2018

2019

Sold Volume

2019

$6,743,804

2018

Number of Sales

2018

Q3 2019

2018

2019

%

20%

0

0

0%

$4,088,400

-13%

$0

$0

0%

$314,483

$227,133

-28%

$0

$0

0%

3%

$389

$423

9%

$0

$0

0%

-4%

97.22%

97.19%

0%

0.00%

0.00%

0%

63

81

29%

0

0

0%

3 200%

14 1,300%

%

11

4

-64%

20

9

-55%

1

0.0

1.3

130%

4.0

1.8

-55%

0.0

0.0

0%


DEER CREST REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

1

Q3 2018

2

S F SOL D VOLU ME Q3 2019

-50%

Q3 2018

Single Family Homes 2018

2019

2

1

Sold Volume

$12,462,500

Average Sales Price

$12,462,500

Condos

Vacant Land

2018

2019

%

2018

-50%

0

0

0%

1

0 -100%

$23,750,000

91%

$0

$0

0%

$3,200,000

$0 -100%

$6,231,250

$23,750,000

281%

$0

$0

0%

$3,200,000

$0 -100%

Average Sales Price Per Sq. Ft.

$687

$1,161

69%

$0

$0

0%

$0

List Price to Sales Price Ratio

94.20%

95.00%

1%

0.00%

0.00%

0%

94.12%

0.00% -100%

460

27

-94%

0

0

0%

175

0 -100%

14

9

-36%

8

6

-25%

9.0 900%

0.0

0.0

Number of Sales

Average Days On Market

Active Listings

Months of Inventory

0.0

%

91%

$23,750,000

0%

2019

$0

%

0%

2

3

50%

0.0

0.0

0%

Market Report –

19


E M P I R E PA S S REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

0

Q3 2018

0

S F SOL D VOLU ME 0%

Single Family Homes

Q3 2019

$0

Q3 2018

$0

Condos

0%

Vacant Land

2018

2019

%

2018

2019

0

0

0%

10

4

-60%

1

0 -100%

Sold Volume

$0

$0

0%

$23,339,060

$13,234,000

-43%

$2,875,000

$0 -100%

Average Sales Price

$0

$0

0%

$2,333,906

$3,308,500

42%

$2,875,000

$0 -100%

Average Sales Price Per Sq. Ft.

$0

$0

0%

$1,007

$1,193

18%

$0

List Price to Sales Price Ratio

0.00%

0.00%

0%

94.60%

94.57%

0%

97.46%

0.00% -100%

Average Days On Market

0

0

0%

262

91

-65%

289

0 -100%

Active Listings

6

4

-33%

39

31

-21%

5

0.0

0.0

0%

13.0

31.0

138%

5.0

Number of Sales

Months of Inventory

20

– Market Report

%

2018

2019

$0

4

%

0%

-20%

0.0 -100%


GLENWILD REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SAL ES Q3 2019

5

Q3 2018

8

S F SOL D VOLU ME

-38%

Q3 2019

$15,154,500

Q3 2018

$23,292,000

Single Family Homes

2019

-38%

7

5

-29%

$15,154,500

-35%

$4,475,000

$2,804,000

-37%

$2,911,500

$3,030,900

4%

$639,286

$560,800

-12%

Average Sales Price Per Sq. Ft.

$478

$472

-1%

$0

$0

0%

List Price to Sales Price Ratio

94.19%

94.16%

0%

96.60%

93.56%

-3%

178

128

-28%

120

211

76%

Active Listings

24

17

-29%

36

38

6%

Months of Inventory

8.0

17.0

113%

12.0

19.0

58%

Sold Volume

Average Sales Price

Average Days On Market

2019

8

5

$23,292,000

Vacant Land 2018

Number of Sales

2018

-35%

%

%

Market Report –

21


S I LV E R C R E E K E S TAT E S REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

5

Q3 2018

6

S F SOL D VOLU ME

-17 %

Single Family Homes 2018

2019

6

5

Sold Volume

$9,242,500

Average Sales Price

Q3 2019

$5,336,000

Q3 2018

$9,242,500

Condos

Vacant Land

2018

2019

-17%

4

3

-25%

2

0 -100%

$5,336,000

-42%

$2,525,000

$2,150,000

-15%

$1,046,000

$0 -100%

$1,540,417

$1,067,200

-31%

$631,250

$716,667

14%

$523,000

$0 -100%

Average Sales Price Per Sq. Ft.

$386

$409

6%

$176

$152

-14%

$0

List Price to Sales Price Ratio

95.05%

96.75%

2%

100.00%

100.00%

0%

89.40%

0.00% -100%

Average Days On Market

52

30

-42%

60

187

212%

127

0 -100%

Active Listings

16

18

13%

16

7

-56%

16

10

-38%

16.0

18.0

13%

8.0

0.0 -100%

0.0

0.0

0%

Number of Sales

Months of Inventory

22

– Market Report

%

-42%

%

2018

2019

$0

%

0%


PROMONTORY REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SAL ES Q 3 2019

22

Q 3 2018

18

S F SOL D VOLU ME

22%

38%

Q3 2019 $64,046,269 Q3 2018

Single Family Homes 2018

2019

18

22

Sold Volume

$46,536,764

Average Sales Price

$46,536,764

Vacant Land 2018

2019

22%

32

18

-44%

$64,046,269

38%

$18,570,000

$9,456,000

-49%

$2,585,376

$2,911,194

13%

$580,313

$525,333

-9%

Average Sales Price Per Sq. Ft.

$460

$582

27%

$0

$0

0%

List Price to Sales Price Ratio

95.54%

99.54%

4%

97.07%

95.19%

-2%

154

89

-42%

52

74

77

4%

87

83

-5%

10.6

9.6

-9%

8.7

20.8

139%

Number of Sales

Average Days On Market

Active Listings

Months of Inventory

%

%

190 265%

Market Report –

23


CANYONS VILLAGE REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

3

Q3 2018

8

S F SOL D VOLU ME

-63%

Single Family Homes 2018

2019

8

3

Sold Volume

$27,164,512

Average Sales Price

Q3 2019

$17,909,500

Q3 2018

$27,164,512

Condos

Vacant Land

2018

2019

-63%

23

51

$17,909,500

-34%

$15,937,595

$3,395,564

$5,969,833

76%

$692,939

$1,359,801

Average Sales Price Per Sq. Ft.

$600

$537

-11%

$575

$690

List Price to Sales Price Ratio

93.04%

93.04%

0%

97.14%

98.47%

Average Days On Market

49

130

165%

193

Active Listings

17

19

12%

Number of Sales

Months of Inventory

24

– Market Report

8.5

%

0.0 -100%

-34%

%

2018

2019

%

122%

1

1

0%

$69,349,851 335%

$2,400,000

$1,995,000

-17%

96%

$2,400,000

$1,995,000

-17%

20%

$0

$0

0%

1%

100.00%

100.00%

0%

280

45%

76

316

316%

169

115

-32%

28

27

-4%

18.8

5.2

-72%

0.0

27.0 2,700%


S I LV E R S P R I N G S REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

13

Q3 2018

14

S F SOL D VOLU ME

-7%

Single Family Homes 2018

2019

14

13

Sold Volume

$16,808,930

Average Sales Price

Q3 2019

$18,114,460

Q3 2018

$16,808,930

Condos

Vacant Land

2018

2019

-7%

1

6

$18,114,460

8%

$800,000

$1,200,638

$1,393,420

16%

Average Sales Price Per Sq. Ft.

$421

$383

List Price to Sales Price Ratio

97.04%

97.27%

Average Days On Market

31

13

Active Listings

10

10.0

Number of Sales

Months of Inventory

%

8%

%

2018

2019

%

500%

0

0

0%

$3,684,250

361%

$0

$0

0%

$800,000

$614,042

-23%

$0

$0

0%

-9%

$281

$367

31%

$0

$0

0%

0%

96.97%

97.33%

0%

0.00%

0.00%

0%

-58%

9

31

244%

0

0

0%

6

-40%

1

2

100%

0

1

100%

1.2

-88%

0.0

0.5

50%

0.0

0.0

0%

Market Report –

25


KIMBALL REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

3

Q3 2018

3

S F SOL D VOLU ME 0%

Single Family Homes

Q3 2019

$1,849,800

Q3 2018

$1,587,000

Condos

Vacant Land

2018

2019

%

2018

2019

3

3

0%

14

18

Sold Volume

$1,587,000

$1,849,800

17%

$5,826,000

Average Sales Price

$529,000

$616,600

17%

Average Sales Price Per Sq. Ft.

$335

$409

List Price to Sales Price Ratio

98.21%

100.00%

Average Days On Market

5

12

Active Listings

3

Number of Sales

Months of Inventory

26

– Market Report

0.0

17 %

2018

2019

%

29%

0

0

0%

$7,340,250

26%

$0

$0

0%

$416,143

$407,792

-2%

$0

$0

0%

22%

$371

$386

4%

$0

$0

0%

2%

98.55%

97.25%

-1%

0.00%

0.00%

0%

140%

44

57

30%

0

0

0%

0 -100%

25

13

-48%

0

2

200%

4.2

1.9

-55%

0.0

0.0

0.0

0%

%

0%


SUN PEAK/BEAR HOLLOW REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

6

Q3 2018

5

S F SOL D VOLU ME 20%

Q3 2019 Q3 2018

Single Family Homes 2018

2019

5

6

Sold Volume

$6,104,000

Average Sales Price

$6,104,000

Condos

Vacant Land

2018

2019

20%

4

3

$10,552,786

73%

$5,853,000

$1,220,800

$1,758,798

44%

Average Sales Price Per Sq. Ft.

$385

$318

List Price to Sales Price Ratio

96.45%

Number of Sales

Average Days On Market

Active Listings

Months of Inventory

2018

2019

%

-25%

0

0

0%

$1,671,000

-71%

$0

$0

0%

$1,463,250

$557,000

-62%

$0

$0

0%

-17%

$468

$339

-28%

$0

$0

0%

95.94%

-1%

98.32%

98.41%

0.00%

0.00%

0%

143

56

-61%

117

80

-32%

0

0

0%

9

11

22%

5

18 260%

1

2

100%

5.5 550%

2.5

9.0 260%

0.0

0.0

0.0

%

73%

$10,552,786

%

0%

0%

Market Report –

27


JEREMY RANCH REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

19

Q3 2018

14

S F SOL D VOLU ME 36%

Single Family Homes 2018

2019

14

19

Sold Volume

$17,643,325

Average Sales Price

Q3 2019

$23,126,000

Q3 2018

$17,643,325

Condos

Vacant Land

2018

2019

36%

3

1

$23,126,000

31%

$2,058,671

$1,260,238

$1,217,158

-3%

Average Sales Price Per Sq. Ft.

$264

$268

List Price to Sales Price Ratio

95.87%

95.87%

Average Days On Market

33

88

Active Listings

33

Months of Inventory

6.6

Number of Sales

28

– Market Report

%

31%

%

2018

2019

%

-67%

0

0

0%

$789,000

-62%

$0

$0

0%

$686,224

$789,000

15%

$0

$0

0%

2%

$269

$333

24%

$0

$0

0%

0%

98.83%

95.17%

-4%

0.00%

0.00%

0%

167%

7

20

186%

0

0

0%

18

-45%

4

4

0%

13

11

-15%

4.5

-32%

4.0

4.0

0%

0.0

0.0

0%


PINEBROOK REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

9

Q3 2018

14

S F SOL D VOLU ME

-36%

Single Family Homes

9

$13,107,500

$13,107,500

Condos %

-17%

Vacant Land 2018

2019

%

-36%

6

15

150%

0

0

0%

$10,885,500

-17%

$3,501,500

$7,370,500

110%

$0

$0

0%

$936,250

$1,209,500

29%

$583,583

$491,367

-16%

$0

$0

0%

Average Sales Price Per Sq. Ft.

$241

$259

7%

$294

$337

15%

$0

$0

0%

List Price to Sales Price Ratio

97.82%

95.60%

-2%

99.59%

98.64%

-1%

0.00%

0.00%

0%

Average Days On Market

36

35

-3%

7

0

0

0%

Active Listings

20

19

-5%

13

18

38%

10

8

-20%

Months of Inventory

6.7

9.5

42%

13.0

4.5

-65%

0.0

0.0

Average Sales Price

14

Q3 2018

2019

Sold Volume

2019

$10,885,500

2018

Number of Sales

2018

Q3 2019

%

90 1,186%

0%

Market Report –

29


S U M M I T PA R K REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

9

Q3 2018

15

S F SOL D VOLU ME

-40%

Single Family Homes 2018

2019

15

9

$11,072,400

$6,895,791

$738,160

Average Sales Price Per Sq. Ft. List Price to Sales Price Ratio

Q3 2019

$6,895,791

Q3 2018

$11,072,400

Condos

Vacant Land

2018

2019

%

2018

2019

-40%

0

0

0%

6

4

-33%

-38%

$0

$0

0%

$487,512

$554,000

14%

$766,199

4%

$0

$0

0%

$81,252

$138,500

70%

$254

$246

-3%

$0

$0

0%

$0

$0

0%

99.51%

97.59%

-2%

0.00%

0.00%

0%

91.24%

99.84%

9%

Average Days On Market

46

18

-61%

0

0

0%

215

35

-84%

Active Listings

11

10

-9%

0

0

0%

7

6

-14%

2.2

1.7

-23%

0.0

0.0

0%

7.0

6.0

-14%

Number of Sales

Sold Volume

Average Sales Price

Months of Inventory

30

– Market Report

%

-38%

%


J O R DA N E L L E PA R K REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N UMBE R O F SA L ES Q3 2019

0

Q3 2018

1

S F SOL D VOLU ME -100%

Single Family Homes 2018

2019

1

0

Sold Volume

$151,000

Average Sales Price

Q3 2019

$0

Q3 2018

$151,000

-100%

Condos 2018

2019

%

2018

2019

-100%

8

8

0%

2

4

100%

$0

-100%

$2,661,500

$4,153,000

56%

$660,000

$972,300

47%

$151,000

$0

-100%

$332,688

$519,125

56%

$330,000

$243,075

-26%

Average Sales Price Per Sq. Ft.

$346

$0

-100%

$281

$295

5%

$0

$0

0%

List Price to Sales Price Ratio

98.69%

0.00%

-100%

97.96%

96.76%

-1%

100.00%

100.00%

0%

63

0

-100%

46

56

22%

1

1

0%

0

0

0%

6

1

-83%

4

4

0%

0.0

0.0

0%

1.2

0.3

-75%

0.0

2.0

Number of Sales

Average Days On Market

Active Listings

Months of Inventory

%

Vacant Land %

200%

Market Report –

31


SOUTH JORDANELLE REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

7

Q3 2018

5

S F SOL D VOLU ME 40%

Single Family Homes 2019

5

7

40%

3

Sold Volume

$6,684,500

$15,497,906

132%

Average Sales Price

$1,336,900

$2,213,987

Average Sales Price Per Sq. Ft.

$392

List Price to Sales Price Ratio Average Days On Market

Active Listings

Months of Inventory

32

– Market Report

$15,497,906

Q3 2018

$6,684,500

Condos

2018

Number of Sales

Q3 2019

2019

0 -100%

10

11

10%

$1,598,675

$0 -100%

$8,727,000

$7,740,500

-11%

66%

$532,892

$0 -100%

$872,700

$703,682

-19%

$663

69%

$227

$0 -100%

$0

$0

0%

96.49%

98.16%

2%

97.30%

0.00% -100%

96.59%

94.72%

-2%

60

19

-68%

37

0 -100%

126

164

30%

12 200%

5

1

-80%

28

28

0%

0.0

0.0

0%

9.3

14.0

51%

4.0

3.0

-25%

2018

Vacant Land 2018

4

%

132%

2019

%

%


T U H AY E / H I D E O U T REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

7

Q3 2018

6

S F SOL D VOLU ME 17%

Q3 2019 Q3 2018

Single Family Homes 2018

2019

6

7

Sold Volume

$6,573,500

Average Sales Price

Vacant Land

2018

2019

17%

5

14

$12,077,840

84%

$3,770,675

$1,095,583

$1,725,406

57%

Average Sales Price Per Sq. Ft.

$337

$421

List Price to Sales Price Ratio

98.10%

96.04%

Number of Sales

$6,573,500

Condos %

84%

$12,077,840

%

2018

2019

%

180%

10

19

90%

$12,285,865

226%

$6,419,000

$9,890,500

54%

$754,135

$877,562

16%

$641,900

$520,553

-19%

25%

$240

$274

14%

$0

$0

0%

-2%

101.64%

108.78%

7%

98.54%

97.84%

-1%

59

48

-19%

50

59

18%

Average Days On Market

36

Active Listings

25

31

24%

20

11

-45%

80

66

-18%

25.0

7.8

-69%

10.0

2.2

-78%

16.0

16.5

3%

Months of Inventory

145 303%

Market Report –

33


D E E R M O U N TA I N REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

3

Q3 2018

1

S F SOL D VOLU ME 200%

Single Family Homes 2018

Number of Sales

2019

Q3 2019

$3,980,000

Q3 2018

$942,500

Condos %

322%

Vacant Land

2018

2019

%

2018

2019

%

1

3 200%

31

19

-39%

3

7

133%

Sold Volume

$942,500

$3,980,000 322%

$16,737,875

$10,417,900

-38%

$895,000

$3,145,500

251%

Average Sales Price

$942,500

$1,326,667

41%

$539,931

$548,311

2%

$298,333

$449,357

51%

Average Sales Price Per Sq. Ft.

$233

$368

58%

$265

$266

0%

$0

$0

0%

List Price to Sales Price Ratio

99.32%

97.55%

-2%

101.25%

98.49%

-3%

98.46%

99.29%

1%

77

107

39%

69

65

-6%

408

196

-52%

Active Listings

9

9

0%

31

35

13%

17

19

12%

Months of Inventory

9

0 -100%

3.4

7.0

106%

0.0

Average Days On Market

34

– Market Report

4.8 480%


PEOA & BROWNS CANYON REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SA L ES Q 3 2019

1

Q 3 2018

1

S F SOL D VOLU ME

0%

Q3 2018

-72%

$285,000

Q3 2019

$1,032,000

Single Family Homes

Vacant Land

2018

2019

%

2018

2019

1

1

0%

4

1

-75%

Sold Volume

$1,032,000

$285,000

-72%

$3,755,000

$240,000

-94%

Average Sales Price

$1,032,000

$285,000

-72%

$938,750

$240,000

-74%

Average Sales Price Per Sq. Ft.

$191

$182

-5%

$0

$0

0%

List Price to Sales Price Ratio

96.54%

95.32%

-1%

85.44%

87.27%

2%

245

8

-97%

326

65

-80%

1

1

0%

14

14

0%

0.0

0.0

0%

14.0

0.0

-100%

Number of Sales

Average Days On Market

Active Listings

Months of Inventory

%

Market Report –

35


KAMAS & MARION REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

SF N UMBE R O F SA LES Q3 2019

5

Q3 2018

15

S F SOL D VOLU ME

-67%

Single Family Homes

Number of Sales

Sold Volume

2018

2019

15

5

$6,953,900

Average Sales Price

$3,109,900

Q3 2019

$3,109,900

Q3 2018

$6.953.900

Condos %

-55%

Vacant Land

2018

2019

%

2018

2019

%

-67%

1

1

0%

10

3

-70%

-55%

$185,900

$437,500

135%

$1,942,800

$302,000

-84%

135%

$194,280

$100,667

-48%

$463,593

$621,980

34%

$185,900

$437,500

Average Sales Price Per Sq. Ft.

$224

$251

12%

$201

$211

5%

$0

$0

0%

List Price to Sales Price Ratio

96.23%

96.80%

1%

100.00%

101.98%

2%

93.50%

97.50%

4%

Average Days On Market

93

106

14%

64

114

78%

106

44

-58%

Active Listings

26

20

-23%

4

2

-50%

20

28

40%

Months of Inventory

8.7

20.0

130%

0.0

0.0

0%

10.0

0.0

-100%

36

– Market Report


OAKLEY & WEBER CANYON REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SAL ES Q 3 2019

9

Q 3 2018

20

S F SOL D VOLU ME

-55%

Single Family Homes

Number of Sales

Sold Volume

Average Sales Price

2018

2019

20

9

240%

Q3 2019

$34,577,400

Q3 2018

$10,181,235

Vacant Land %

2018

2019

%

-55%

7

9

29%

$10,181,235

$34,577,400 240%

$582,400

$1,547,000

166%

$509,062

$3,841,933 655%

$83,200

$171,889

107%

Average Sales Price Per Sq. Ft.

$207

$368

78%

$0

$0

0%

List Price to Sales Price Ratio

96.08%

95.64%

0%

94.78%

97.54%

3%

Average Days On Market

44

115

161%

47

150

219%

Active Listings

34

17

-50%

28

31

11%

Months of Inventory

5.7

4.3

-25%

28.0

7.8

-72%

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 Q3 2018 TO Q3 2019

S F N U MBE R O F SAL ES Q 3 2019

25

Q3 2018

11

S F SOL D VOLU ME

127%

Single Family Homes

Number of Sales

Sold Volume

Average Sales Price

2019

11

25

$4,864,500

$14,860,959

Q3 2018

$4,864,500

205%

Vacant Land %

2018

2019

%

127%

19

23

21%

$14,860,959 205%

$2,150,300

$2,578,400

20%

$442,227

$594,438

34%

$113,174

$112,104

-1%

Average Sales Price Per Sq. Ft.

$194

$285

47%

$0

$0

0%

List Price to Sales Price Ratio

97.39%

96.51%

-1%

96.31%

89.11%

-7%

Average Days On Market

46

57

24%

85

175

106%

Active Listings

40

36

-10%

80

71

-11%

10.0

2.4

-76%

10.0

17.8

78%

Months of Inventory

38

2018

Q3 2019

– Market Report


WOODLAND & FRANCIS REAL ESTATE DATA COMPARING Q3 2018 TO Q3 2019

S F N U MBE R O F SA L ES Q3 2019

12

Q3 2018

11

S F SOL D VOLU ME

9%

Q3 2019

$6,339,299

Q3 2018

$10,237,730

Single Family Homes

-38%

Vacant Land

2018

2019

%

2018

2019

11

12

9%

3

6

100%

$10,237,730

$6,339,299

-38%

$464,700

$4,710,000

914%

$930,703

$528,275

-43%

$154,900

Average Sales Price Per Sq. Ft.

$379

$202

-47%

$0

$0

0%

List Price to Sales Price Ratio

94.02%

96.09%

2%

98.31%

96.16%

-2%

Average Days On Market

51

65

27%

4256

100

-98%

Active Listings

23

14

-39%

31

29

-6%

Months of Inventory

3.8

7.0

84%

31.0

14.5

-53%

Number of Sales

Sold Volume

Average Sales Price

%

$785,000 407%

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

Summit County Market Report Q3 2019  

Summit County Market Report Q3 2019