Market Update - Q2 2015 Wasatch Back Market Report

Jordanelle SP 100110-01

 

 

Jordanelle | Pricing Single Family Homes

Average Sales Price: $970,000

Median Sales Price: $865,000

Number of Sales (Year to Date): 17

Notes on Jordanelle area homes: When compared to last year, single family homes in the Jordanelle neighborhood have experienced a 0% change in price. However, the number of sales almost doubled. In other words, the market is bullish but stable.

 

 

 

Jordanelle | Pricing Condominium

Average Sales Price: $403, 000

Median Sales Price: $421,000

Number of Sales (Year to Date): 69

 

 

 

 

 

 

 

 

Heber Valley | Pricing Single Family Homes

Midway/Charleston

Average Sales Price: $460,000

Median Sales Price: $450,000

Number of Sales (Year to Date): 29

Heber and Daniels

Average Sales Price: $483,000

Median Sales Price: $335,500

Number of Sales (Year to Date): 53

Timberlakes

Average Sales Price: $341,000

Median Sales Price: $315,000

Number of Sales (Year to Date): 19

Total Heber Valley

Average Sales Price: $449,000

Median Sales Price: $356,000

Number of Sales (Year to Date): 102

Notes on Heber Valley homes: The market looks healthy and stable. Midway's market is holding fast in terms of price and number of sales when compared to last year. Heber and Daniels experienced a 20% increase in sales and a marginal increase in price. Overall, growth is measured. It's a great time to own here.

 

 

 

 

Kamas Valley | Pricing Single Family Homes

Woodland and Francis 

Average Sales Price: $366,000

Median Sales Price: $403,000

Number of Sales (Year to Date): 12

Kamas and Marion

Average Sales Price: $337,000

Median Sales Price: $272,000

Number of Sales (Year to Date): 7

Oakley and Weber Canyon

Average Sales Price: $445,000

Median Sales Price: $272,000

Number of Sales (Year to Date): 15

Total Kamas Valley

Average Sales Price: $394,000

Median Sales Price: $317,000

Number of Sales (Year to Date): 38

Notes on Kamas Valley homes: Woodland and Francis experienced a tremendous 200% increase in sales (12 in 2015, when compared to 4 in 2014). Oakley and Weber Canyon also saw a rise in the number of sales.

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