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HEBER – DANIELS The statistics below compare 1st Quarter 2015 to 2018 for the Heber Valley with a year-over-year percentage comparing 2018 to 2017. 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 Units Sold

Q1 2015

Q1 2016

Q1 2017

Q1 2018

Q1 2018 vs Q1 2017

22

32

35

28

-20%

$8,094,114

$14,641,649

$15,289,900

$19,037,031

25%

For Sale at End of Quarter

69

106

85

71

-16%

Avg MSI

7.7

4.8

6.1

5.9

-3%

Sold Dollar Volume

Avg DOM

128

99

101

77

-24%

Avg List Price

$379,857

$467,125

$457,251

$688,824

51%

Avg Sale Price

$367,914

$457,552

$436,854

$679,894

56%

Median Sale Price

$288,657

$358,350

$362,000

$505,650

40%

Avg LP/Sq. Ft.

$147

$140

$152

$208

37%

Avg SP/Sq. Ft.

$142

$137

$145

$205

41%

96.86%

97.95%

95.54%

98.70%

3%

Highest Sold Price

Avg SP/OLP

$900,000

$1,420,250

$1,297,000

$2,018,369

56%

Lowest Sold Price

$150,000

$215,000

$195,000

$249,999

28%

VACANT LAND

Q1 2015

Q1 2016

Q1 2017

Q1 2018

Q1 2018 vs Q1 2017

Units Sold Sold Dollar Volume For Sale at End of Quarter Avg MSI Avg DOM

17

12

21

9

-57%

$4,688,750

$2,884,650

$7,234,575

$1,836,040

-75%

98

108

121

94

-22%

14.0

27.0

17.3

94.0

443%

107

80

131

137

5%

Avg List Price

$281,647

$290,325

$377,900

$242,444

-36%

Avg Sale Price

$275,809

$240,388

$344,504

$204,004

-41%

Median Sale Price

$260,000

$200,000

$192,500

$210,000

9%

Avg SP/OLP

97.93%

82.80%

91.16%

84.14%

-8%

Highest Sold Price

$451,250

$450,000

$2,688,075

$250,000

-91%

Lowest Sold Price

$69,000

$61,000

$75,000

$143,040

91%

Source: PCMLS 2014–2017. This material is based upon information that we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, including price, or withdrawal without notice; square footage is an estimate only. ©MMXVII 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.

Q1 2018 Summit SIR Market Update - Heber and Daniels  
Q1 2018 Summit SIR Market Update - Heber and Daniels