summit sir 2015 year end market update for the greater park city area

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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, Upper Deer Valley ® Resort, 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 2015 REPORT 7831 Hawk Court, Park City

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This market update report shows sold data for the past 4 years for the Greater Park City area, Summit County, Wasatch County, 84060, 84098 and PCMLS (Areas 1-41) with a year-over-year percentage comparing 2015 to 2014.

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Page 1: Summit SIR 2015 Year End Market Update for the Greater Park City Area

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, Upper Deer Valley® Resort, 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

2015 REPORT

7831 Hawk Court, Park City

Page 2: Summit SIR 2015 Year End Market Update for the Greater Park City Area
Page 3: Summit SIR 2015 Year End Market Update for the Greater Park City Area

GREATER PARK CITY AREAGREATER PARK CITY AREA ...........................PG 4SUMMIT COUNTY ...............................................PG 5WASATCH COUNTY ........................................PG 6 84060 .............................................................................PG 7 84098 .............................................................................PG 8

PARK CITY AREASAERIE ..............................................................................PG 9DEER CREST .............................................................PG 10EMPIRE PASS .............................................................PG 11GLENWILD - SILVER CREEK ..........................PG 12JEREMY RANCH .....................................................PG 13JORDANELLE............................................................PG 14KIMBALL JUNCTION ..........................................PG 15LOWER DEER VALLEY® RESORT ...............PG 16UPPER DEER VALLEY® RESORT ..................PG 17OLD TOWN ..............................................................PG 18PARK MEADOWS..................................................PG 19

PINEBROOK ..............................................................PG 20PROMONTORY ......................................................PG 21PROSPECTOR ..........................................................PG 22SILVER SPRINGS ....................................................PG 23SUMMIT PARK ..........................................................PG 24SUN PEAK - BEAR HOLLOW .......................PG 25THE CANYONS .....................................................PG 26TRAILSIDE PARK .....................................................PG 27

OUTLYING AREAS HEBER - DANIEL’S .................................................PG 27MIDWAY - CHARLESTON ..............................PG 28TIMBERLAKES ...........................................................PG 29KAMAS - MARION ...............................................PG 30OAKLEY - WEBER CANYON ........................PG 31WANSHIP - HOYTSVILLE - COALVILLE - ECHO AND HENEFER .......................................PG 32WOODLAND - FRANCIS ...............................PG 33

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. ©MMXV 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.

TABLE OF CONTENTS

Page 4: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

GREATER PARK CITY - ALL MLSThe statistics below show sold data for the past 4 years for the entire Park City MLS (Areas 1-41) with a year-over-year percentage comparing 2015 to 2014. 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 2012 2013 2014 2015 2015 vs 2014

Units Sold 850 986 959 1008 5%

Sold Dollar Volume $742,592,036 $913,481,459 $924,973,354 $1,072,293,502 16%

For Sale at End of Quarter 720 776 716 686 -4%

Average Months Supply of Inventory 10.6 11.8 9.4 8.6 -9%

Average Days on Market 149 127 126 107 -15%Average List Price $943,221 $985,913 $1,025,108 $1,111,054 8%

Average Sale Price $873,638 $926,452 $964,519 $1,063,783 10%

Median Sale Price $546,250 $598,000 $613,000 $675,000 10%

Average List Price/Square Feet $220 $242 $259 $278 7%

Average Sold Price/Square Feet $207 $230 $247 $265 7%

Average Sold Price/Original List Price 92.62% 93.97% 94.09% 95.75% 2%

Highest Sold Price $18,525,000 $12,450,000 $12,500,000 $18,952,500 52%

Lowest Sold Price $54,000 $55,000 $5 $1 -80%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 599 727 810 886 9%

Sold Dollar Volume $368,928,568 $420,802,763 $519,160,810 $554,774,292 7%

For Sale at End of Quarter 487 506 485 436 -10%

Average Months Supply of Inventory 8.5 11.0 5.9 6.4 8%

Average Days on Market 158 129 125 93 -26%

Average List Price $665,083 $607,415 $668,389 $642,063 -4%

Average Sale Price $615,907 $578,821 $640,939 $626,156 -2%

Median Sale Price $345,000 $375,000 $414,046 $430,043 4%

Average List Price/Square Feet $344 $332 $359 $378 5%

Average Sold Price/Square Feet $321 $318 $345 $368 7%

Average Sold Price/Original List Price 92.61% 95.29% 95.89% 97.52% 2%Highest Sold Price $8,250,000 $6,370,000 $6,299,000 $7,595,250 21%Lowest Sold Price $28,000 $40,000 $49,400 $82,000 66%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 282 406 475 548 15%

Sold Dollar Volume $93,686,032 $150,022,033 $188,704,843 $205,797,693 9%

For Sale at End of Quarter 738 754 751 745 -1%

Average Months Supply of Inventory 21.1 30.2 15.0 10.3 -31%

Average Days on Market 222 269 212 175 -17%

Average List Price $382,745 $399,859 $433,760 $407,775 -6%

Average Sale Price $332,220 $369,512 $397,273 $375,543 -5%

Median Sale Price $200,000 $195,000 $213,000 $240,000 13%

Average Sold Price/Original List Price 86.80% 92.41% 91.59% 92.10% 1%

Highest Sold Price $3,800,000 $4,625,000 $4,000,000 $4,400,000 10%

Lowest Sold Price $8,750 $8,000 $5,000 $6,500 30%

Page 5: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

SUMMIT COUNTYThe statistics below show sold data for the past 4 years for Summit County with a year-over-year percentage comparing 2015 to 2014. 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 2012 2013 2014 2015 2015 vs 2014

Units Sold 604 698 642 637 -1%

Sold Dollar Volume $597,481,802 $748,876,866 $721,802,201 $835,632,135 16%

For Sale at End of Quarter 469 466 435 412 -5%

Average Months Supply of Inventory 10.4 9.9 9.7 8.8 -9%

Average Days on Market 154 127 127 109 -14%Average List Price $1,073,436 $1,139,501 $1,185,194 $1,371,650 16%

Average Sale Price $989,208 $1,072,889 $1,124,302 $1,311,824 17%

Median Sale Price $663,750 $720,000 $765,000 $860,000 12%

Average List Price/Square Feet $249 $278 $298 $327 10%

Average Sold Price/Square Feet $233 $264 $285 $314 10%

Average Sold Price/Original List Price 92.15% 94.15% 94.86% 95.64% 1%

Highest Sold Price $18,525,000 $12,450,000 $12,500,000 $18,952,500 52%Lowest Sold Price $54,000 $55,000 $85,000 $1 -100%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 512 596 634 682 8%

Sold Dollar Volume $313,532,634 $363,285,292 $437,916,751 $465,731,539 6%

For Sale at End of Quarter 408 389 386 345 -11%

Average Months Supply of Inventory 8.5 10.0 5.9 6.2 5%

Average Days on Market 159 125 115 81 -30%

Average List Price $667,631 $644,719 $723,084 $702,954 -3%

Average Sale Price $612,368 $609,539 $690,720 $682,891 -1%

Median Sale Price $347,000 $384,750 $428,750 $450,000 5%

Average List Price/Square Feet $348 $359 $397 $418 5%

Average Sold Price/Square Feet $323 $341 $380 $406 7%

Average Sold Price/Original List Price 91.72% 94.54% 95.52% 97.15% 2%Highest Sold Price $8,250,000 $6,370,000 $6,299,000 $7,595,250 21%Lowest Sold Price $28,000 $47,200 $49,400 $82,000 66%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 179 245 271 294 8%

Sold Dollar Volume $66,388,550 $111,500,269 $126,928,717 $127,427,100 0%

For Sale at End of Quarter 443 446 409 401 -2%

Average Months Supply of Inventory 18.5 37.2 25.6 11.8 -54%

Average Days on Market 261 285 234 177 -24%

Average List Price $418,866 $492,861 $502,992 $468,729 -7%

Average Sale Price $370,886 $455,103 $468,372 $433,426 -7%

Median Sale Price $250,000 $255,000 $250,000 $254,950 2%

Average Sold Price/Original List Price 88.55% 92.34% 93.12% 92.47% -1%

Highest Sold Price $3,400,000 $4,625,000 $3,700,000 $4,400,000 19%

Lowest Sold Price $8,750 $10,000 $8,000 $11,500 44%

Page 6: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

WASATCH COUNTYThe statistics below show sold data for the past 4 years for Wasatch County with a year-over-year percentage comparing 2015 to 2014. 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 2012 2013 2014 2015 2015 vs 2014

Units Sold 201 228 243 287 18%

Sold Dollar Volume $123,947,172 $129,939,990 $146,901,638 $189,927,613 29%

For Sale at End of Quarter 194 223 188 171 -9%

Average Months Supply of Inventory 10.2 14.9 7.8 6.8 -13%

Average Days on Market 141 134 129 106 -18%Average List Price $651,011 $607,988 $658,777 $686,988 4%

Average Sale Price $616,653 $569,912 $604,533 $661,769 9%

Median Sale Price $300,000 $360,000 $370,000 $426,000 15%

Average List Price/Square Feet $150 $154 $174 $191 10%

Average Sold Price/Square Feet $141 $147 $165 $185 12%

Average Sold Price/Original List Price 94.72% 93.74% 91.77% 96.33% 5%

Highest Sold Price $11,225,000 $8,500,000 $7,700,000 $8,500,000 10%Lowest Sold Price $63,000 $75,000 $75,000 $70,000 -7%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 83 119 160 164 3%

Sold Dollar Volume $53,351,934 $53,719,329 $73,789,059 $74,251,590 1%

For Sale at End of Quarter 65 106 77 74 -4%

Average Months Supply of Inventory 9.3 26.5 4.8 7.4 54%

Average Days on Market 155 133 145 146 1%

Average List Price $653,369 $447,505 $468,375 $452,277 -3%

Average Sale Price $642,794 $451,423 $461,182 $452,754 -2%

Median Sale Price $342,338 $351,000 $385,926 $364,175 -6%

Average List Price/Square Feet $314 $212 $218 $234 7%

Average Sold Price/Square Feet $308 $213 $215 $234 9%

Average Sold Price/Original List Price 98.38% 100.88% 98.46% 100.11% 2%Highest Sold Price $6,200,000 $5,320,000 $3,000,000 $3,497,069 17%Lowest Sold Price $48,000 $40,000 $130,000 $128,000 -2%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 100 154 193 228 18%

Sold Dollar Volume $27,055,682 $37,963,364 $55,456,876 $68,602,043 24%

For Sale at End of Quarter 269 267 280 268 -4%

Average Months Supply of Inventory 24.5 22.3 9.0 8.1 -10%

Average Days on Market 151 233 183 162 -11%

Average List Price $326,703 $264,848 $317,738 $326,741 3%

Average Sale Price $270,557 $246,515 $287,341 $300,886 5%

Median Sale Price $180,000 $155,000 $189,000 $234,000 24%

Average Sold Price/Original List Price 82.81% 93.08% 90.43% 92.09% 2%

Highest Sold Price $3,800,000 $1,900,000 $4,000,000 $3,025,000 -24%

Lowest Sold Price $15,000 $8,000 $5,000 $6,500 30%

Page 7: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

PARK CITY - 84060The statistics below show sold data for the past 4 years for the Park City MLS Areas 1-9 with a year-over-year percentage comparing 2015 to 2014. 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 2012 2013 2014 2015 2015 vs 2014

Units Sold 173 195 181 159 -12%

Sold Dollar Volume $276,767,751 $351,177,710 $342,751,997 $359,621,810 5%

For Sale at End of Quarter 185 144 152 155 2%

Average Months Supply of Inventory 15.4 11.1 9.5 15.5 63%

Average Days on Market 156 169 141 117 -17%Average List Price $1,715,620 $1,936,011 $2,022,524 $2,386,873 18%

Average Sale Price $1,599,814 $1,800,911 $1,893,657 $2,261,772 19%

Median Sale Price $1,025,000 $1,295,000 $1,310,000 $1,515,000 16%

Average List Price/Square Feet $370 $435 $467 $539 15%

Average Sold Price/Square Feet $348 $407 $443 $512 16%

Average Sold Price/Original List Price 93.25% 93.02% 93.63% 94.76% 1%

Highest Sold Price $18,525,000 $10,600,000 $12,500,000 $18,952,500 52%

Lowest Sold Price $344,000 $225,000 $428,000 $365,000 -15%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 304 347 373 327 -12%

Sold Dollar Volume $255,724,995 $277,319,485 $346,332,092 $320,854,804 -7%

For Sale at End of Quarter 301 253 258 228 -12%

Average Months Supply of Inventory 10.8 9.7 6.8 8.4 24%

Average Days on Market 194 156 139 91 -35%

Average List Price $921,886 $850,301 $978,681 $1,018,951 4%

Average Sale Price $841,201 $799,192 $928,504 $981,207 6%

Median Sale Price $513,750 $520,000 $535,000 $605,000 13%

Average List Price/Square Feet $424 $424 $473 $528 12%

Average Sold Price/Square Feet $390 $401 $449 $509 13%

Average Sold Price/Original List Price 91.25% 93.99% 94.87% 96.30% 2%Highest Sold Price $8,250,000 $6,370,000 $6,299,000 $7,595,250 21%Lowest Sold Price $28,000 $53,000 $49,400 $82,000 66%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 44 59 57 37 -35%

Sold Dollar Volume $31,813,905 $57,884,575 $58,584,927 $51,576,870 -12%

For Sale at End of Quarter 98 83 51 51 0%

Average Months Supply of Inventory 12.3 27.7 17.0 25.5 50%

Average Days on Market 320 400 323 212 -34%

Average List Price $785,582 $1,054,964 $1,110,120 $1,450,635 31%

Average Sale Price $723,043 $981,094 $1,027,806 $1,393,969 36%

Median Sale Price $495,000 $665,000 $775,000 $1,100,000 42%

Average Sold Price/Original List Price 92.04% 93.00% 92.59% 96.09% 4%

Highest Sold Price $3,400,000 $4,625,000 $3,400,000 $3,800,000 12%

Lowest Sold Price $115,000 $165,000 $226,915 $379,500 67%

Page 8: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

PARK CITY - 84098The statistics below show sold data for the past 4 years for the Park City MLS Areas 10-21 with a year-over-year percentage comparing 2015 to 2014. 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 2012 2013 2014 2015 2015 vs 2014

Units Sold 340 377 331 339 2%

Sold Dollar Volume $293,888,311 $349,818,036 $350,320,273 $436,347,673 25%

For Sale at End of Quarter 187 224 191 191 0%

Average Months Supply of Inventory 8.5 8.3 10.1 7.6 -25%

Average Days on Market 147 89 112 99 -12%Average List Price $926,532 $973,884 $1,120,996 $1,336,711 19%

Average Sale Price $864,377 $927,899 $1,058,369 $1,287,161 22%

Median Sale Price $642,500 $700,000 $775,000 $885,000 14%

Average List Price/Square Feet $219 $241 $272 $303 11%

Average Sold Price/Square Feet $206 $232 $261 $295 13%

Average Sold Price/Original List Price 93.29% 95.28% 94.41% 96.29% 2%

Highest Sold Price $6,100,000 $12,450,000 $7,930,000 $12,750,000 61%Lowest Sold Price $268,275 $139,900 $290,000 $325,000 12%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 210 246 264 361 37%

Sold Dollar Volume $67,625,139 $90,486,207 $105,177,659 $160,336,872 52%

For Sale at End of Quarter 111 142 130 129 -1%

Average Months Supply of Inventory 6.2 10.9 4.8 4.3 -10%

Average Days on Market 108 83 81 69 -15%

Average List Price $341,002 $381,925 $409,557 $448,273 9%

Average Sale Price $322,024 $367,830 $398,400 $444,146 11%

Median Sale Price $274,775 $320,000 $366,850 $400,000 9%

Average List Price/Square Feet $261 $278 $304 $329 8%

Average Sold Price/Square Feet $247 $267 $295 $323 9%

Average Sold Price/Original List Price 94.43% 96.31% 97.28% 99.08% 2%Highest Sold Price $1,800,000 $1,710,000 $1,950,000 $2,302,919 18%Lowest Sold Price $82,500 $76,500 $93,500 $90,000 -4%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 101 141 150 157 5%

Sold Dollar Volume $31,596,150 $48,031,244 $64,238,385 $66,154,631 3%

For Sale at End of Quarter 198 173 176 164 -7%

Average Months Supply of Inventory 15.2 21.6 17.6 10.3 -41%

Average Days on Market 221 225 197 138 -30%

Average List Price $364,219 $370,183 $457,038 $463,486 1%

Average Sale Price $312,833 $340,647 $428,256 $421,367 -2%

Median Sale Price $250,000 $255,000 $270,000 $320,000 19%

Average Sold Price/Original List Price 85.89% 92.02% 93.70% 90.91% -3%

Highest Sold Price $1,150,000 $4,000,000 $3,700,000 $4,400,000 19%

Lowest Sold Price $33,500 $27,800 $39,500 $62,000 57%

Page 9: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

AERIEThe Aerie is a great neighborhood centrally located on the mountain between Old Town, Lower Deer Valley® Resort and Prospector Square. Elevated about 500 vertical feet above the town of Park City, the Aerie offers incredible views of the three area ski resorts, luxury homes and the April Mountain subdivision.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 4 5 5 4 -20%

Sold Dollar Volume $6,985,000 $11,567,750 $9,430,000 $11,429,999 21%

For Sale at End of Quarter 7 6 6 9 50%

Average Months Supply of Inventory 0.0 0.0 0.0 0.0 0%

Average Days on Market 150 104 260 307 18%

Average List Price $2,010,000 $2,386,400 $2,000,800 $3,195,000 60%

Average Sale Price $1,746,250 $2,313,550 $1,886,000 $2,857,500 52%

Median Sale Price $1,700,000 $2,250,000 $1,825,000 $2,512,500 38%

Average List Price/Square Feet $316 $413 $368 $476 29%

Average Sold Price/Square Feet $279 $402 $345 $426 23%

Average Sold Price/Original List Price 86.88% 96.95% 94.26% 89.44% -5%

Highest Sold Price $2,585,000 $2,655,250 $2,800,000 $4,750,000 70%

Lowest Sold Price $1,000,000 $2,000,000 $1,375,000 $1,655,000 20%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 0 1 4 2 -50%

Sold Dollar Volume $0 $1,025,000 $6,060,000 $3,290,000 -46%

For Sale at End of Quarter 1 2 2 3 50%

Average Months Supply of Inventory 0.0 0.0 0.0 0.0 0%

Average Days on Market 0 334 192 70 -64%

Average List Price $0 $1,099,000 $1,550,000 $1,785,000 15%

Average Sale Price $0 $1,025,000 $1,515,000 $1,645,000 9%

Median Sale Price $0 $1,025,000 $1,510,000 $1,645,000 9%

Average List Price/Square Feet $0 $376 $454 $565 24%

Average Sold Price/Square Feet $0 $350 $444 $522 18%

Average Sold Price/Original List Price 0.00% 93.27% 97.74% 92.16% -6%

Highest Sold Price $0 $1,025,000 $1,790,000 $1,865,000 4%

Lowest Sold Price $0 $1,025,000 $1,250,000 $1,425,000 14%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 1 5 0 2 200%

Sold Dollar Volume $775,000 $3,152,000 $0 $1,800,000 180000000%

For Sale at End of Quarter 2 1 0 3 300%

Average Months Supply of Inventory 2.0 0.0 0.0 0.0 0%

Average Days on Market 201 174 0 60 6000%

Average List Price $850,000 $682,600 $0 $924,500 92450000%

Average Sale Price $775,000 $630,400 $0 $900,000 90000000%

Median Sale Price $775,000 $710,000 $0 $900,000 90000000%

Average Sold Price/Original List Price 91.18% 92.35% 0.00% 97.35% 97%

Highest Sold Price $775,000 $792,000 $0 $1,100,000 110000000%

Lowest Sold Price $775,000 $355,000 $0 $700,000 70000000%

Page 10: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

DEER CRESTThe Deer Crest community of Park City, Utah 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 and many overlook the waters of the Jordanelle Reservoir.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 10 4 7 5 -29%

Sold Dollar Volume $55,225,250 $22,420,250 $43,580,500 $31,100,000 -29%

For Sale at End of Quarter 8 15 12 12 0%

Average Months Supply of Inventory 0.0 0.0 6.0 0.0 -100%

Average Days on Market 240 308 352 183 -48%

Average List Price $5,848,500 $6,022,500 $7,497,857 $6,809,000 -9%

Average Sale Price $5,522,525 $5,605,063 $6,225,786 $6,220,000 0%

Median Sale Price $5,342,500 $5,602,625 $5,600,000 $6,300,000 13%

Average List Price/Square Feet $596 $605 $775 $781 1%

Average Sold Price/Square Feet $560 $561 $652 $711 9%

Average Sold Price/Original List Price 94.43% 93.07% 83.03% 91.35% 10%

Highest Sold Price $11,225,000 $7,750,000 $7,780,500 $8,500,000 9%

Lowest Sold Price $2,560,000 $3,465,000 $4,300,000 $4,275,000 -1%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 10 4 10 6 -40%

Sold Dollar Volume $29,105,000 $13,335,000 $20,951,000 $17,897,069 -15%

For Sale at End of Quarter 12 20 18 22 22%

Average Months Supply of Inventory 0.0 0.0 9.0 22.0 144%

Average Days on Market 284 841 107 3 -97%

Average List Price $2,957,200 $3,347,500 $2,245,500 $3,050,000 36%

Average Sale Price $2,910,500 $3,333,750 $2,095,100 $2,982,845 42%

Median Sale Price $2,807,500 $3,087,500 $2,307,500 $2,975,000 29%

Average List Price/Square Feet $1,402 $1,448 $912 $1,088 19%

Average Sold Price/Square Feet $1,373 $1,461 $840 $1,054 25%

Average Sold Price/Original List Price 98.42% 99.59% 93.30% 97.80% 5%

Highest Sold Price $6,200,000 $5,320,000 $3,000,000 $3,497,069 17%

Lowest Sold Price $1,400,000 $1,840,000 $1,050,000 $2,500,000 138%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 6 9 6 2 -67%

Sold Dollar Volume $5,740,250 $9,585,000 $5,195,000 $3,625,000 -30%

For Sale at End of Quarter 8 6 9 6 -33%

Average Months Supply of Inventory 8.0 0.0 0.0 0.0 0%

Average Days on Market 183 254 238 200 -16%

Average List Price $1,141,167 $1,127,889 $904,167 $1,997,500 121%

Average Sale Price $956,708 $1,065,000 $865,833 $1,812,500 109%

Median Sale Price $827,625 $990,000 $747,500 $1,812,500 142%

Average Sold Price/Original List Price 83.84% 94.42% 95.76% 90.74% -5%

Highest Sold Price $1,350,000 $1,900,000 $1,425,000 $2,100,000 47%

Lowest Sold Price $715,000 $700,000 $640,000 $1,525,000 138%

Page 11: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

EMPIRE PASSEmpire Pass is the newest ski-in/ski-out real estate community developed in Deer Valley® Resort. Empire Pass is located at the top of Deer Valley on the slopes of Flagstaff Mountain and Empire Canyon. Developed with the highest levels of service and luxury in mind, the homes, townhomes, and condos for sale add a new enjoyment and access to the Deer Valley® Resort lifestyle.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 2 4 1 4 300%

Sold Dollar Volume $9,825,000 $27,825,000 $4,905,000 $30,377,500 519%

For Sale at End of Quarter 10 12 14 9 -36%

Average Months Supply of Inventory 0.0 0.0 0.0 0.0 0%

Average Days on Market 243 437 754 519 -31%

Average List Price $5,347,000 $7,810,000 $4,900,000 $7,985,000 63%

Average Sale Price $4,912,500 $6,956,250 $4,905,000 $7,594,375 55%

Median Sale Price $4,912,500 $6,062,500 $4,905,000 $6,982,500 42%

Average List Price/Square Feet $972 $1,020 $974 $1,117 15%

Average Sold Price/Square Feet $896 $925 $975 $1,063 9%

Average Sold Price/Original List Price 91.87% 89.07% 100.10% 95.11% -5%

Highest Sold Price $5,175,000 $10,600,000 $4,905,000 $11,162,500 128%

Lowest Sold Price $4,650,000 $5,100,000 $4,905,000 $5,250,000 7%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 3 2 1 1 0%

Sold Dollar Volume $9,385,000 $8,520,000 $3,400,000 $3,795,250 12%

For Sale at End of Quarter 10 10 4 2 -50%

Average Months Supply of Inventory 5.0 0.0 0.0 0.0 0%

Average Days on Market 113 1158 79 124 57%

Average List Price $3,316,667 $4,674,500 $3,850,000 $3,995,000 4%

Average Sale Price $3,128,333 $4,260,000 $3,400,000 $3,795,250 12%

Median Sale Price $3,150,000 $4,260,000 $3,400,000 $3,795,250 12%

Average Sold Price/Original List Price 94.32% 91.13% 88.31% 95.00% 8%

Highest Sold Price $3,400,000 $4,625,000 $3,400,000 $3,795,250 12%

Lowest Sold Price $2,835,000 $3,895,000 $3,400,000 $3,795,250 12%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 30 22 37 28 -24%

Sold Dollar Volume $84,722,510 $67,021,500 $113,287,700 $92,418,250 -18%

For Sale at End of Quarter 39 45 61 50 -18%

Average Months Supply of Inventory 13.0 22.5 30.5 25.0 -18%

Average Days on Market 431 184 140 118 -16%

Average List Price $3,292,830 $3,352,864 $3,306,351 $3,433,321 4%

Average Sale Price $2,824,084 $3,046,432 $3,061,830 $3,300,652 8%

Median Sale Price $2,835,880 $3,079,250 $2,800,000 $3,090,000 10%

Average List Price/Square Feet $1,193 $1,198 $1,203 $1,321 10%

Average Sold Price/Square Feet $1,024 $1,091 $1,110 $1,273 15%

Average Sold Price/Original List Price 85.76% 90.86% 92.60% 96.14% 4%

Highest Sold Price $8,250,000 $6,370,000 $6,299,000 $7,595,250 21%

Lowest Sold Price $1,150,000 $1,360,000 $1,500,000 $1,420,000 -5%

Page 12: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

GLENWILD – SILVERCREEKThis private, gated golf community is situated within the Silver Creek area and features luxurious homes with tremendous views of all three local ski areas plus a fabulous golf course and clubhouse. Glenwild is conveniently located close to the Kimball Junction commercial area with direct access to I-80 and is only 30 minutes to the Salt Lake International Airport.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 26 25 22 39 77%

Sold Dollar Volume $30,266,950 $35,092,500 $32,842,500 $59,925,214 82%

For Sale at End of Quarter 37 42 36 32 -11%

Average Months Supply of Inventory 7.4 14.0 36.0 16.0 -56%

Average Days on Market 189 210 217 135 -38%

Average List Price $1,268,081 $1,494,196 $1,615,480 $1,650,105 2%

Average Sale Price $1,164,113 $1,403,700 $1,492,841 $1,536,544 3%

Median Sale Price $737,500 $918,500 $1,215,000 $1,225,000 1%

Average List Price/Square Feet $253 $293 $344 $310 -10%

Average Sold Price/Square Feet $234 $277 $309 $293 -5%

Average Sold Price/Original List Price 91.80% 93.94% 92.41% 93.12% 1%

Highest Sold Price $5,850,000 $2,945,000 $3,262,500 $3,450,000 6%

Lowest Sold Price $306,000 $368,000 $370,000 $395,000 7%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 30 31 35 43 23%

Sold Dollar Volume $10,389,200 $11,518,150 $17,521,750 $18,198,790 4%

For Sale at End of Quarter 53 43 42 43 2%

Average Months Supply of Inventory 10.6 21.5 14.0 6.1 -56%

Average Days on Market 260 276 240 143 -40%

Average List Price $398,840 $408,197 $534,637 $466,229 -13%

Average Sale Price $346,307 $371,553 $500,621 $423,228 -15%

Median Sale Price $325,000 $340,000 $371,000 $435,000 17%

Average Sold Price/Original List Price 86.83% 91.02% 93.64% 90.78% -3%

Highest Sold Price $700,000 $801,000 $3,700,000 $925,000 -75%

Lowest Sold Price $90,000 $162,000 $65,000 $100,000 54%

Page 13: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

JEREMY RANCHJeremy Ranch is a popular family community situated in the outskirts of Park City. In the center of the neighborhood you find the 18-hole Jeremy Ranch Golf & Country Club. Jeremy Ranch is located near I-15 and makes for a easy commute to Salt Lake City. The 7,327 yard par 72 championship golf course was designed by Arnold Palmer and is as beautiful as it is challenging.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 58 73 45 41 -9%

Sold Dollar Volume $40,847,894 $56,821,513 $37,055,971 $36,532,860 -1%

For Sale at End of Quarter 24 26 14 19 36%

Average Months Supply of Inventory 4.8 6.5 3.5 9.5 171%

Average Days on Market 123 121 82 66 -20%

Average List Price $739,996 $812,472 $853,636 $918,151 8%

Average Sale Price $704,274 $778,377 $823,466 $891,045 8%

Median Sale Price $663,750 $725,000 $712,500 $874,000 23%

Average List Price/Square Feet $173 $181 $208 $208 0%

Average Sold Price/Square Feet $164 $174 $201 $202 0%

Average Sold Price/Original List Price 95.17% 95.80% 96.47% 97.05% 1%

Highest Sold Price $1,860,000 $2,587,000 $2,222,500 $2,410,000 8%

Lowest Sold Price $280,000 $325,000 $426,000 $514,300 0.21

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 12 13 14 19 36%

Sold Dollar Volume $4,541,150 $5,474,550 $7,044,321 $11,255,550 60%

For Sale at End of Quarter 4 3 2 2 0%

Average Months Supply of Inventory 4.0 3.0 0.7 1.0 43%

Average Days on Market 126 90 58 38 -34%

Average List Price $393,217 $429,800 $516,993 $599,563 16%

Average Sale Price $378,429 $421,119 $503,166 $592,397 18%

Median Sale Price $380,000 $457,500 $500,000 $574,000 15%

Average List Price/Square Feet $163 $184 $207 $232 12%

Average Sold Price/Square Feet $157 $180 $202 $230 14%

Average Sold Price/Original List Price 96.24% 97.98% 97.33% 98.80% 2%

Highest Sold Price $459,900 $509,000 $625,000 $830,000 33%

Lowest Sold Price $228,000 $230,000 $435,000 $460,750 6%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 6 15 13 14 8%

Sold Dollar Volume $1,303,050 $3,497,000 $5,302,400 $4,211,900 -21%

For Sale at End of Quarter 14 16 11 9 -18%

Average Months Supply of Inventory 7.0 16.0 0.0 9.0 900%

Average Days on Market 240 217 119 174 46%

Average List Price $230,500 $245,267 $441,531 $311,261 -30%

Average Sale Price $217,175 $233,133 $407,877 $300,850 -26%

Median Sale Price $195,000 $225,000 $300,000 $278,500 -7%

Average Sold Price/Original List Price 94.22% 95.05% 92.38% 96.66% 5%

Highest Sold Price $327,500 $440,000 $1,900,000 $482,500 -75%

Lowest Sold Price $165,000 $115,000 $120,000 $190,000 0.58

Page 14: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

JORDANELLEThe Jordanelle neighborhood is named after the reservoir it surrounds. It features single family homes, condos and vacant land with views of the lake or Deer Crest are stunning. This location is convenient to shopping, hiking, biking, services and entertainment in Park City, Heber City and Kamas.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 19 20 20 37 85%

Sold Dollar Volume $17,576,852 $16,052,429 $18,678,615 $40,373,272 116%

For Sale at End of Quarter 31 33 36 22 -39%

Average Months Supply of Inventory 31.0 0.0 18.0 7.3 -59%

Average Days on Market 168 211 205 120 -41%

Average List Price $1,007,019 $850,560 $988,195 $1,112,554 13%

Average Sale Price $925,097 $802,621 $933,931 $1,091,170 17%

Median Sale Price $750,000 $674,375 $795,382 $900,000 13%

Average List Price/Square Feet $217 $215 $240 $283 18%

Average Sold Price/Square Feet $199 $205 $229 $282 23%

Average Sold Price/Original List Price 91.86% 94.36% 94.51% 98.08% 4%

Highest Sold Price $2,400,000 $2,300,000 $1,850,000 $3,000,000 62%

Lowest Sold Price $427,000 $365,000 $383,000 $481,500 26%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 63 103 124 134 8%

Sold Dollar Volume $21,858,934 $38,823,571 $49,901,959 $53,044,281 6%

For Sale at End of Quarter 45 82 49 46 -6%

Average Months Supply of Inventory 6.4 20.5 4.5 9.2 104%

Average Days on Market 151 108 154 165 7%

Average List Price $352,265 $370,886 $398,615 $391,403 -2%

Average Sale Price $346,967 $376,928 $402,435 $395,853 -2%

Median Sale Price $329,266 $357,188 $408,385 $374,316 -8%

Average List Price/Square Feet $172 $175 $195 $220 13%

Average Sold Price/Square Feet $169 $177 $196 $222 13%

Average Sold Price/Original List Price 98.50% 101.63% 100.96% 101.14% 0%

Highest Sold Price $1,200,000 $850,250 $815,000 $850,000 4%

Lowest Sold Price $48,000 $69,900 $131,000 $128,000 -2%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 22 40 36 69 92%

Sold Dollar Volume $6,824,999 $8,761,700 $10,336,500 $23,385,700 126%

For Sale at End of Quarter 89 103 104 79 -24%

Average Months Supply of Inventory 0.0 103.0 20.8 26.3 26%

Average Days on Market 153 159 198 154 -22%

Average List Price $384,732 $233,020 $322,314 $358,297 11%

Average Sale Price $310,227 $219,043 $287,125 $338,923 18%

Median Sale Price $126,000 $159,000 $190,000 $250,000 32%

Average Sold Price/Original List Price 80.63% 94.00% 89.08% 94.59% 6%

Highest Sold Price $3,800,000 $595,000 $1,325,000 $900,000 -32%

Lowest Sold Price $65,500 $66,100 $15,000 $75,000 400%

Page 15: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

KIMBALL JUNCTIONKimball Junction offers charming single family homes for sale, comfortable condominiums and a constantly growing number of amenities, including free outdoor music every Thursday at Newpark during the summer.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 15 27 33 23 -30%

Sold Dollar Volume $3,837,020 $10,625,890 $10,936,411 $8,269,910 -24%

For Sale at End of Quarter 13 20 11 14 27%

Average Months Supply of Inventory 4.3 10.0 3.7 7.0 89%

Average Days on Market 95 115 138 119 -14%

Average List Price $269,453 $424,563 $337,458 $373,126 11%

Average Sale Price $255,801 $393,551 $331,406 $359,561 8%

Median Sale Price $198,000 $272,000 $265,000 $272,000 3%

Average List Price/Square Feet $137 $153 $144 $152 6%

Average Sold Price/Square Feet $129 $145 $141 $147 4%

Average Sold Price/Original List Price 94.93% 92.70% 98.21% 96.36% -2%

Highest Sold Price $560,000 $1,625,000 $684,426 $1,265,000 85%

Lowest Sold Price $121,020 $55,000 $158,000 $92,000 -42%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 56 72 68 135 99%

Sold Dollar Volume $11,224,360 $17,662,005 $17,117,756 $47,050,925 175%

For Sale at End of Quarter 22 38 27 15 -44%

Average Months Supply of Inventory 3.1 7.6 3.0 1.9 -37%

Average Days on Market 89 74 77 45 -42%

Average List Price $209,465 $253,273 $260,374 $349,559 34%

Average Sale Price $200,435 $245,306 $251,732 $348,525 38%

Median Sale Price $191,250 $220,000 $224,500 $375,000 67%

Average List Price/Square Feet $189 $225 $245 $299 22%

Average Sold Price/Square Feet $180 $218 $236 $298 26%

Average Sold Price/Original List Price 95.69% 96.85% 96.68% 99.70% 3%

Highest Sold Price $415,000 $439,000 $470,000 $630,000 34%

Lowest Sold Price $82,500 $99,000 $107,500 $112,500 0.05

Page 16: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

LOWER DEER VALLEY® RESORTDeer Valley® Ski Resort is consistently rated as one of the best ski resorts in the U.S. by readers of ski magazines. The neighborhood at the base of the ski area is called Snow Park, after the early ski resort that preceded Deer Valley® Resort. The Snow Park area offers a variety of condos, home sites and single family homes.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 14 21 13 11 -15%

Sold Dollar Volume $24,674,500 $32,209,050 $24,485,000 $21,675,000 -11%

For Sale at End of Quarter 28 21 11 14 27%

Average Months Supply of Inventory 0.0 21.0 3.7 0.0 -100%

Average Days on Market 280 210 139 129 -7%

Average List Price $1,892,064 $1,667,714 $2,019,462 $2,113,455 5%

Average Sale Price $1,762,464 $1,533,764 $1,883,462 $1,970,455 5%

Median Sale Price $1,930,000 $1,519,050 $1,855,000 $1,900,000 2%

Average List Price/Square Feet $307 $307 $374 $399 7%

Average Sold Price/Square Feet $286 $284 $349 $372 7%

Average Sold Price/Original List Price 93.15% 91.97% 93.27% 93.23% 0%

Highest Sold Price $2,650,000 $3,250,000 $2,875,000 $2,800,000 -3%

Lowest Sold Price $715,000 $825,000 $1,300,000 $1,090,000 -16%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 38 40 51 64 25%

Sold Dollar Volume $25,721,005 $29,190,050 $37,641,824 $55,395,050 47%

For Sale at End of Quarter 52 51 44 37 -16%

Average Months Supply of Inventory 17.3 25.5 5.5 9.3 69%

Average Days on Market 152 146 217 118 -46%

Average List Price $713,028 $757,538 $772,429 $904,962 17%

Average Sale Price $676,869 $729,751 $738,075 $865,548 17%

Median Sale Price $654,550 $630,000 $712,500 $780,000 9%

Average List Price/Square Feet $378 $385 $389 $463 19%

Average Sold Price/Square Feet $360 $371 $372 $442 19%

Average Sold Price/Original List Price 94.93% 96.33% 95.55% 95.64% 0%

Highest Sold Price $2,375,000 $2,350,000 $1,325,000 $2,500,000 89%

Lowest Sold Price $237,000 $375,000 $350,000 $375,000 7%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 5 8 4 8 100%

Sold Dollar Volume $2,155,000 $5,347,325 $1,543,428 $5,236,620 239%

For Sale at End of Quarter 18 12 13 4 -69%

Average Months Supply of Inventory 9.0 0.0 0.0 0.0 0%

Average Days on Market 7 487 440 440 0%

Average List Price $436,600 $736,500 $441,000 $686,188 56%

Average Sale Price $431,000 $668,416 $385,857 $654,578 70%

Median Sale Price $435,000 $567,000 $360,000 $572,000 59%

Average Sold Price/Original List Price 98.72% 90.76% 87.50% 95.39% 9%

Highest Sold Price $475,000 $1,635,000 $523,428 $1,100,000 110%

Lowest Sold Price $380,000 $349,000 $300,000 $379,500 27%

Page 17: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

UPPER DEER VALLEY® RESORTThe Silver Lake community is the site of many single family subdivisions and condominium lodges. The most desirable homes and town homes offer direct ski access. Many other homes are just a short walk from access trails. Perched above Silver Lake Village is the prestigious gated Bald Eagle community.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 11 9 10 12 20%

Sold Dollar Volume $39,367,750 $42,037,500 $54,827,500 $58,517,031 7%

For Sale at End of Quarter 22 20 30 29 -3%

Average Months Supply of Inventory 0.0 0.0 0.0 9.7 970%

Average Days on Market 238 344 166 130 -22%

Average List Price $3,820,909 $5,136,444 $6,439,500 $5,070,333 -21%

Average Sale Price $3,578,886 $4,670,833 $5,482,750 $4,876,419 -11%

Median Sale Price $2,845,250 $3,617,500 $3,900,000 $3,466,875 -11%

Average List Price/Square Feet $529 $708 $775 $750 -3%

Average Sold Price/Square Feet $495 $643 $692 $723 4%

Average Sold Price/Original List Price 93.67% 90.94% 85.14% 96.18% 13%

Highest Sold Price $7,600,000 $8,170,000 $12,500,000 $12,345,250 -1%

Lowest Sold Price $1,687,500 $2,200,000 $2,086,500 $2,185,000 5%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 35 33 22 27 23%

Sold Dollar Volume $50,480,577 $47,717,200 $36,033,550 $36,777,203 2%

For Sale at End of Quarter 41 43 56 40 -29%

Average Months Supply of Inventory 8.2 14.3 56.0 13.3 -76%

Average Days on Market 174 239 217 159 -27%

Average List Price $1,560,160 $1,558,285 $1,710,182 $1,436,289 -16%

Average Sale Price $1,442,302 $1,445,976 $1,637,889 $1,362,119 -17%

Median Sale Price $1,360,000 $1,225,000 $1,523,750 $995,000 -35%

Average List Price/Square Feet $510 $541 $561 $617 10%

Average Sold Price/Square Feet $472 $501 $537 $585 9%

Average Sold Price/Original List Price 92.45% 92.79% 95.77% 94.84% -1%

Highest Sold Price $3,100,000 $3,396,250 $3,562,500 $3,125,000 -12%

Lowest Sold Price $416,900 $465,000 $725,000 $645,000 -11%

Page 18: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

OLD TOWNOld Town is listed on the National Register of Historic Places for its well preserved and renovated Main Street. As a result of historical preservation, Old Town has retained its small, old-western mining town charm. This area is situated between Park City Mountain Resort and Deer Valley® Resort.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 47 68 58 52 -10%

Sold Dollar Volume $44,841,496 $89,670,420 $75,419,896 $80,177,499 6%

For Sale at End of Quarter 51 27 35 48 37%

Average Months Supply of Inventory 17.0 5.4 5.0 12.0 140%

Average Days on Market 188 147 104 94 -10%

Average List Price $1,028,843 $1,414,327 $1,346,041 $1,625,673 21%

Average Sale Price $954,074 $1,318,683 $1,300,343 $1,541,875 19%

Median Sale Price $800,000 $912,500 $1,240,000 $1,312,500 6%

Average List Price/Square Feet $430 $549 $557 $668 20%

Average Sold Price/Square Feet $404 $514 $536 $635 18%

Average Sold Price/Original List Price 92.73% 93.24% 96.61% 94.85% -2%

Highest Sold Price $2,850,000 $7,973,920 $4,200,000 $4,000,000 -5%

Lowest Sold Price $375,000 $225,000 $428,000 $365,000 -15%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 108 156 167 109 -35%

Sold Dollar Volume $51,019,965 $81,855,035 $86,642,274 $71,194,207 -18%

For Sale at End of Quarter 128 76 51 62 22%

Average Months Supply of Inventory 12.8 5.4 3.6 5.6 56%

Average Days on Market 191 175 136 77 -43%

Average List Price $498,774 $552,863 $541,213 $673,725 24%

Average Sale Price $472,407 $524,712 $518,816 $653,158 26%

Median Sale Price $324,750 $385,000 $390,000 $449,900 15%

Average List Price/Square Feet $325 $389 $388 $483 24%

Average Sold Price/Square Feet $307 $370 $373 $469 26%

Average Sold Price/Original List Price 94.71% 94.91% 95.86% 96.95% 1%

Highest Sold Price $2,120,000 $2,750,000 $2,350,000 $3,532,800 50%

Lowest Sold Price $108,000 $119,900 $112,750 $139,000 23%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 11 11 13 9 -31%

Sold Dollar Volume $2,772,500 $6,960,000 $9,829,999 $7,430,000 -24%

For Sale at End of Quarter 8 7 2 8 300%

Average Months Supply of Inventory 0.0 3.5 0.7 8.0 1043%

Average Days on Market 417 172 200 31 -85%

Average List Price $269,064 $665,364 $821,846 $863,333 5%

Average Sale Price $252,045 $632,727 $756,154 $825,556 9%

Median Sale Price $209,000 $257,050 $425,000 $600,000 41%

Average Sold Price/Original List Price 93.68% 95.09% 92.01% 95.62% 4%

Highest Sold Price $500,000 $3,800,000 $2,500,000 $1,775,000 -29%

Lowest Sold Price $115,000 $165,000 $226,915 $500,000 120%

Page 19: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

PARK MEADOWSPark Meadows 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. It is popular for its “in-town” location as it is close to everything but also far enough away for a perfect family home or mountain vacation property.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 52 56 56 49 -13%

Sold Dollar Volume $63,940,055 $93,465,340 $92,433,105 $84,665,981 -8%

For Sale at End of Quarter 40 28 29 16 -45%

Average Months Supply of Inventory 5.7 7.0 9.7 8.0 -18%

Average Days on Market 110 139 160 91 -43%

Average List Price $1,314,756 $1,773,658 $1,740,324 $1,811,743 4%

Average Sale Price $1,229,616 $1,669,024 $1,650,591 $1,727,877 5%

Median Sale Price $1,077,500 $1,317,500 $1,300,000 $1,439,000 11%

Average List Price/Square Feet $281 $333 $358 $382 7%

Average Sold Price/Square Feet $264 $316 $342 $366 7%

Average Sold Price/Original List Price 93.52% 94.10% 94.84% 95.37% 1%

Highest Sold Price $3,000,000 $8,000,000 $5,100,000 $5,367,500 5%

Lowest Sold Price $379,905 $592,000 $617,500 $625,000 1%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 43 52 46 39 -15%

Sold Dollar Volume $27,351,850 $37,328,600 $43,371,344 $32,705,725 -25%

For Sale at End of Quarter 17 9 13 5 -62%

Average Months Supply of Inventory 17.0 3.0 4.3 2.5 -42%

Average Days on Market 163 94 56 65 16%

Average List Price $669,986 $742,834 $962,961 $864,482 -10%

Average Sale Price $636,090 $717,858 $942,855 $838,608 -11%

Median Sale Price $560,000 $600,000 $768,750 $585,000 -24%

Average List Price/Square Feet $274 $297 $351 $360 3%

Average Sold Price/Square Feet $262 $286 $342 $349 2%

Average Sold Price/Original List Price 94.94% 96.64% 97.91% 97.01% -1%

Highest Sold Price $1,475,000 $1,800,000 $2,279,000 $2,285,000 0%

Lowest Sold Price $115,000 $147,500 $315,000 $335,000 0.06

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 13 10 8 3 -63%

Sold Dollar Volume $7,656,405 $4,942,500 $6,488,000 $2,837,500 -56%

For Sale at End of Quarter 10 4 4 6 50%

Average Months Supply of Inventory 10.0 0.0 0.0 0.0 0%

Average Days on Market 274 281 127 295 132%

Average List Price $659,377 $531,890 $845,613 $1,016,667 20%

Average Sale Price $588,954 $494,250 $811,000 $945,833 17%

Median Sale Price $505,000 $462,500 $816,500 $970,000 19%

Average Sold Price/Original List Price 89.32% 92.92% 95.91% 93.03% -3%

Highest Sold Price $1,050,000 $665,000 $1,225,000 $1,060,000 -13%

Lowest Sold Price $329,000 $375,000 $400,000 $807,500 102%

Page 20: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

PINEBROOKPinebrook is another great family neighborhood for full-time residents. You are a little further away from downtown Park City but you do not have to miss out on much. 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 2012 2013 2014 2015 2015 vs 2014

Units Sold 65 52 37 48 30%

Sold Dollar Volume $42,415,319 $37,064,850 $27,614,000 $38,186,069 38%

For Sale at End of Quarter 26 18 14 10 -29%

Average Months Supply of Inventory 6.5 9.0 7.0 3.3 -53%

Average Days on Market 119 89 98 71 -28%

Average List Price $675,138 $733,448 $768,834 $825,202 7%

Average Sale Price $652,543 $712,786 $746,324 $795,543 7%

Median Sale Price $555,000 $633,800 $746,000 $733,750 -2%

Average List Price/Square Feet $165 $177 $195 $205 5%

Average Sold Price/Square Feet $159 $173 $190 $198 4%

Average Sold Price/Original List Price 96.65% 97.18% 97.07% 96.41% -1%

Highest Sold Price $1,417,000 $1,575,000 $1,220,000 $1,545,000 27%

Lowest Sold Price $319,220 $360,000 $390,000 $432,000 11%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 35 46 58 53 -9%

Sold Dollar Volume $10,144,725 $14,557,675 $21,836,981 $21,201,801 -3%

For Sale at End of Quarter 7 10 7 8 14%

Average Months Supply of Inventory 2.3 3.3 3.5 2.0 -43%

Average Days on Market 93 52 53 51 -4%

Average List Price $301,120 $322,195 $382,817 $404,380 6%

Average Sale Price $289,849 $316,471 $376,500 $400,034 6%

Median Sale Price $269,000 $317,500 $387,500 $416,293 7%

Average List Price/Square Feet $184 $207 $233 $260 12%

Average Sold Price/Square Feet $177 $204 $229 $257 12%

Average Sold Price/Original List Price 96.26% 98.22% 98.35% 98.93% 1%

Highest Sold Price $428,000 $510,000 $589,000 $595,000 1%

Lowest Sold Price $105,000 $154,300 $175,000 $241,500 38%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 4 8 10 10 0%

Sold Dollar Volume $900,000 $1,287,300 $1,831,800 $2,329,500 27%

For Sale at End of Quarter 14 15 16 7 -56%

Average Months Supply of Inventory 0.0 0.0 16.0 0.0 -100%

Average Days on Market 100 230 324 147 -55%

Average List Price $234,250 $201,788 $197,030 $247,500 26%

Average Sale Price $225,000 $160,913 $183,180 $232,950 27%

Median Sale Price $186,000 $170,500 $158,950 $221,500 39%

Average Sold Price/Original List Price 96.05% 79.74% 92.97% 94.12% 1%

Highest Sold Price $380,000 $225,000 $330,000 $374,500 13%

Lowest Sold Price $148,000 $90,000 $119,000 $142,000 19%

Page 21: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

PROMONTORYPromontory 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. Promontory also offers equestrian, spa and fitness facilities and services. Promontory opened its club house “The Shed” with activities for the entire family.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 42 36 44 60 36%

Sold Dollar Volume $59,809,000 $62,292,314 $74,620,803 $114,951,881 54%

For Sale at End of Quarter 45 73 74 69 -7%

Average Months Supply of Inventory 22.5 18.3 24.7 9.9 -60%

Average Days on Market 262 118 266 231 -13%

Average List Price $1,578,799 $1,843,280 $1,765,239 $1,955,163 11%

Average Sale Price $1,424,024 $1,730,342 $1,695,927 $1,915,865 13%

Median Sale Price $1,225,000 $1,525,000 $1,582,025 $1,669,500 6%

Average List Price/Square Feet $346 $401 $396 $431 9%

Average Sold Price/Square Feet $321 $379 $387 $427 10%

Average Sold Price/Original List Price 90.20% 93.87% 96.07% 97.99% 2%

Highest Sold Price $6,100,000 $4,000,000 $3,750,000 $4,150,000 11%

Lowest Sold Price $800,000 $805,000 $825,000 $850,000 3%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 39 48 55 70 27%

Sold Dollar Volume $8,906,050 $13,912,194 $18,726,650 $26,905,941 44%

For Sale at End of Quarter 65 66 81 75 -7%

Average Months Supply of Inventory 16.3 16.5 27.0 15.0 -44%

Average Days on Market 177 145 122 134 10%

Average List Price $255,979 $312,467 $359,642 $397,883 11%

Average Sale Price $228,360 $289,837 $340,485 $384,371 13%

Median Sale Price $175,000 $227,250 $290,000 $299,500 3%

Average Sold Price/Original List Price 89.21% 92.76% 94.67% 96.60% 2%

Highest Sold Price $710,000 $725,000 $1,045,000 $1,210,000 16%

Lowest Sold Price $40,000 $99,000 $85,000 $98,000 15%

Page 22: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

PROSPECTORProspector 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 with a pond and playground.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 16 13 18 11 -39%

Sold Dollar Volume $8,602,200 $8,310,950 $14,470,726 $8,306,000 -43%

For Sale at End of Quarter 4 5 0 3 300%

Average Months Supply of Inventory 4.0 0.0 0.0 3.0 300%

Average Days on Market 103 72 91 49 -46%

Average List Price $563,169 $667,177 $835,272 $786,405 -6%

Average Sale Price $537,638 $639,304 $803,929 $755,091 -6%

Median Sale Price $460,000 $580,000 $697,500 $740,000 6%

Average List Price/Square Feet $204 $249 $252 $309 23%

Average Sold Price/Square Feet $195 $239 $242 $297 23%

Average Sold Price/Original List Price 95.47% 95.82% 96.25% 96.02% 0%

Highest Sold Price $1,012,500 $1,300,000 $1,300,000 $1,235,000 -5%

Lowest Sold Price $344,000 $317,000 $521,100 $467,500 -10%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 48 46 40 55 38%

Sold Dollar Volume $7,714,088 $8,209,300 $7,172,400 $12,812,300 79%

For Sale at End of Quarter 15 9 17 14 -18%

Average Months Supply of Inventory 2.5 4.5 1.9 3.5 84%

Average Days on Market 130 82 107 69 -36%

Average List Price $170,558 $183,611 $186,406 $238,829 28%

Average Sale Price $160,710 $178,463 $179,310 $232,951 30%

Median Sale Price $90,750 $90,000 $122,000 $155,000 27%

Average List Price/Square Feet $182 $220 $254 $293 15%

Average Sold Price/Square Feet $168 $212 $243 $282 16%

Average Sold Price/Original List Price 94.23% 97.20% 96.19% 97.54% 1%

Highest Sold Price $535,000 $759,000 $625,000 $735,000 18%

Lowest Sold Price $28,000 $47,200 $49,400 $82,000 66%

Page 23: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

SILVER SPRINGSSilver 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 2012 2013 2014 2015 2015 vs 2014

Units Sold 33 58 44 38 -14%

Sold Dollar Volume $21,280,100 $41,183,533 $34,586,840 $36,916,750 7%

For Sale at End of Quarter 6 9 2 6 200%

Average Months Supply of Inventory 3.0 1.8 0.7 2.0 186%

Average Days on Market 110 27 57 27 -53%

Average List Price $670,809 $728,072 $810,077 $1,000,721 24%

Average Sale Price $644,852 $710,061 $786,065 $971,493 24%

Median Sale Price $625,000 $697,500 $769,500 $960,000 25%

Average List Price/Square Feet $232 $258 $286 $328 15%

Average Sold Price/Square Feet $223 $252 $277 $319 15%

Average Sold Price/Original List Price 96.13% 97.53% 97.04% 97.08% 0%

Highest Sold Price $1,100,000 $1,197,000 $2,300,000 $1,300,000 -43%

Lowest Sold Price $470,000 $507,000 $505,000 $640,000 27%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 5 8 7 10 43%

Sold Dollar Volume $1,530,000 $3,088,300 $2,926,884 $5,038,300 72%

For Sale at End of Quarter 2 2 1 3 200%

Average Months Supply of Inventory 0.0 0.0 0.0 1.5 150%

Average Days on Market 50 62 58 40 -31%

Average List Price $325,700 $400,125 $425,843 $517,480 22%

Average Sale Price $306,000 $386,038 $418,126 $503,830 20%

Median Sale Price $290,000 $375,850 $430,000 $507,250 18%

Average List Price/Square Feet $195 $217 $262 $253 -3%

Average Sold Price/Square Feet $183 $209 $258 $246 -5%

Average Sold Price/Original List Price 93.95% 96.48% 98.19% 97.36% -1%

Highest Sold Price $420,000 $470,000 $485,000 $587,800 21%

Lowest Sold Price $220,000 $278,000 $328,000 $421,000 28%

Page 24: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

SUMMIT PARK Summit Park is tucked on the ridges at the top of Parley’s Summit, mountain living that is just minutes to Park City and Salt Lake City. Enjoy golf in the summer months at Jeremy Ranch, East Canyon, or nearby Glenwild as well as entertainment, shopping and dining in Jeremy Ranch and Kimball Junction year-round.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 28 30 34 30 -12%

Sold Dollar Volume $11,449,975 $13,196,801 $16,938,400 $16,951,749 0%

For Sale at End of Quarter 10 6 6 7 17%

Average Months Supply of Inventory 10.0 1.5 3.0 2.3 -23%

Average Days on Market 135 49 68 55 -19%

Average List Price $428,769 $449,807 $510,115 $579,230 14%

Average Sale Price $408,928 $439,893 $498,188 $565,058 13%

Median Sale Price $395,000 $438,400 $480,000 $554,500 16%

Average List Price/Square Feet $126 $151 $167 $196 17%

Average Sold Price/Square Feet $121 $147 $164 $192 17%

Average Sold Price/Original List Price 95.37% 97.80% 97.66% 97.55% 0%

Highest Sold Price $575,000 $669,000 $839,000 $885,000 5%

Lowest Sold Price $268,275 $139,900 $290,000 $325,000 12%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 7 17 20 8 -60%

Sold Dollar Volume $494,100 $994,600 $1,471,000 $709,000 -52%

For Sale at End of Quarter 21 14 9 14 56%

Average Months Supply of Inventory 0.0 0.0 4.5 7.0 56%

Average Days on Market 323 281 235 92 -61%

Average List Price $71,100 $64,591 $80,510 $91,119 13%

Average Sale Price $70,586 $58,506 $73,550 $88,625 20%

Median Sale Price $57,500 $54,900 $72,750 $68,750 -5%

Average Sold Price/Original List Price 99.28% 90.58% 91.36% 97.26% 6%

Highest Sold Price $180,000 $121,000 $140,000 $135,000 -4%

Lowest Sold Price $33,500 $27,800 $39,500 $62,000 57%

Page 25: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

SUN PEAK - BEAR HOLLOWSun Peak/Bear Hollow covers the area around the base of the Olympic Sports Park as well as the neighborhoods around Sun Peak. This area presents a diverse range of housing options, from cozy cottages to high-end homes and close to skiing, biking, and hiking trails throughout the area.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 21 21 28 22 -21%

Sold Dollar Volume $19,629,850 $17,811,088 $33,587,250 $28,973,182 -14%

For Sale at End of Quarter 7 9 6 7 17%

Average Months Supply of Inventory 0.0 0.0 6.0 7.0 17%

Average Days on Market 115 85 89 46 -48%

Average List Price $1,001,119 $879,748 $1,251,425 $1,281,899 2%

Average Sale Price $934,755 $848,147 $1,199,545 $1,316,963 10%

Median Sale Price $746,000 $825,000 $1,020,000 $782,730 -23%

Average List Price/Square Feet $240 $245 $273 $329 21%

Average Sold Price/Square Feet $225 $238 $263 $333 27%

Average Sold Price/Original List Price 93.37% 96.41% 95.85% 102.74% 7%

Highest Sold Price $2,210,000 $1,618,888 $3,225,250 $4,639,103 44%

Lowest Sold Price $419,750 $355,000 $560,000 $619,000 11%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 23 29 33 58 76%

Sold Dollar Volume $7,551,700 $11,900,479 $18,198,284 $33,738,582 85%

For Sale at End of Quarter 7 17 10 13 30%

Average Months Supply of Inventory 3.5 17.0 2.5 6.5 160%

Average Days on Market 85 77 68 75 10%

Average List Price $348,800 $423,910 $556,469 $570,644 3%

Average Sale Price $328,335 $410,361 $551,463 $581,700 5%

Median Sale Price $360,000 $415,000 $445,000 $393,700 -12%

Average List Price/Square Feet $202 $236 $269 $295 10%

Average Sold Price/Square Feet $191 $228 $264 $295 12%

Average Sold Price/Original List Price 94.13% 96.80% 99.10% 101.94% 3%

Highest Sold Price $465,000 $1,410,000 $1,950,000 $2,302,919 18%

Lowest Sold Price $135,000 $170,000 $164,272 $165,971 1%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 1 4 4 2 -50%

Sold Dollar Volume $117,500 $5,205,000 $2,118,200 $2,059,000 -3%

For Sale at End of Quarter 4 2 1 1 0%

Average Months Supply of Inventory 4.0 0.0 0.0 0.0 0%

Average Days on Market 26 517 152 22 -86%

Average List Price $129,000 $1,485,500 $548,750 $1,049,500 91%

Average Sale Price $117,500 $1,301,250 $529,550 $1,029,500 94%

Median Sale Price $117,500 $460,000 $589,375 $1,029,500 75%

Average Sold Price/Original List Price 91.09% 87.60% 96.50% 98.09% 2%

Highest Sold Price $117,500 $4,000,000 $760,000 $1,500,000 97%

Lowest Sold Price $117,500 $285,000 $179,450 $559,000 212%

Page 26: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

THE CANYONSThe 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 the Canyons five-star year-round resort.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 8 9 10 9 -10%

Sold Dollar Volume $38,878,999 $31,054,050 $53,343,770 $68,522,500 28%

For Sale at End of Quarter 24 24 30 28 -7%

Average Months Supply of Inventory 0.0 8.0 0.0 0.0 0%

Average Days on Market 257 369 123 209 70%

Average List Price $5,203,362 $3,591,444 $5,514,800 $8,227,111 49%

Average Sale Price $4,859,875 $3,450,450 $5,334,377 $7,613,611 43%

Median Sale Price $3,337,500 $4,200,000 $5,507,489 $5,350,000 -3%

Average List Price/Square Feet $859 $516 $671 $688 3%

Average Sold Price/Square Feet $809 $497 $655 $639 -2%

Average Sold Price/Original List Price 93.40% 96.07% 96.73% 92.54% -4%

Highest Sold Price $18,525,000 $4,945,050 $8,185,000 $18,952,500 132%

Lowest Sold Price $280,000 $563,000 $1,605,000 $3,450,000 115%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 76 75 83 84 1%

Sold Dollar Volume $30,935,204 $37,461,698 $37,220,933 $41,405,214 11%

For Sale at End of Quarter 69 72 81 86 6%

Average Months Supply of Inventory 11.5 24.0 9.0 7.2 -20%

Average Days on Market 140 113 118 125 6%

Average List Price $436,890 $525,316 $466,832 $510,598 9%

Average Sale Price $407,042 $499,489 $448,445 $492,919 10%

Median Sale Price $315,000 $369,550 $387,000 $401,000 4%

Average List Price/Square Feet $390 $410 $437 $477 9%

Average Sold Price/Square Feet $367 $391 $421 $459 9%

Average Sold Price/Original List Price 93.17% 95.08% 96.06% 96.54% 0%

Highest Sold Price $1,800,000 $1,710,000 $1,900,000 $1,750,000 -8%

Lowest Sold Price $90,000 $100,000 $93,500 $90,000 -4%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 11 19 22 18 -18%

Sold Dollar Volume $9,671,000 $26,344,750 $38,238,250 $38,617,500 1%

For Sale at End of Quarter 34 34 22 21 -5%

Average Months Supply of Inventory 0.0 34.0 22.0 10.5 -52%

Average Days on Market 536 546 528 179 -66%

Average List Price $1,112,091 $1,482,737 $1,847,545 $2,396,333 30%

Average Sale Price $879,182 $1,386,566 $1,738,102 $2,145,417 23%

Median Sale Price $900,000 $1,300,000 $1,575,000 $1,925,000 22%

Average Sold Price/Original List Price 79.06% 93.51% 94.08% 89.53% -5%

Highest Sold Price $1,300,000 $3,500,000 $3,050,000 $4,400,000 44%

Lowest Sold Price $380,000 $215,000 $1,050,000 $650,000 -38%

Page 27: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

TRAILSIDE PARK Trailside 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 of Highway 40. It is also home to the Trailside Elementary and features many recreational trails.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 32 49 42 34 -19%

Sold Dollar Volume $20,738,275 $38,820,200 $32,888,550 $28,861,468 -12%

For Sale at End of Quarter 5 12 8 13 63%

Average Months Supply of Inventory 2.5 4.0 4.0 6.5 63%

Average Days on Market 93 46 40 62 55%

Average List Price $683,597 $831,122 $808,100 $880,900 9%

Average Sale Price $648,071 $792,249 $783,061 $848,867 8%

Median Sale Price $450,250 $520,000 $585,000 $639,500 9%

Average List Price/Square Feet $176 $208 $223 $249 12%

Average Sold Price/Square Feet $168 $201 $217 $242 12%

Average Sold Price/Original List Price 94.80% 95.32% 96.90% 96.36% -1%

Highest Sold Price $1,650,000 $2,295,000 $2,150,000 $2,587,000 20%

Lowest Sold Price $299,000 $225,000 $355,000 $380,000 7%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 2 4 6 1 -83%

Sold Dollar Volume $435,000 $911,000 $1,845,000 $245,000 -87%

For Sale at End of Quarter 3 5 2 4 100%

Average Months Supply of Inventory 0.0 5.0 0.0 0.0 0%

Average Days on Market 632 228 234 260 11%

Average List Price $299,000 $248,250 $340,467 $260,000 -24%

Average Sale Price $217,500 $227,750 $307,500 $245,000 -20%

Median Sale Price $217,500 $199,500 $287,500 $245,000 -15%

Average Sold Price/Original List Price 72.74% 91.74% 90.32% 94.23% 4%

Highest Sold Price $315,000 $400,000 $500,000 $245,000 -51%

Lowest Sold Price $120,000 $112,000 $190,000 $245,000 29%

Page 28: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

HEBER - DANIELS Heber City, Utah 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. In summer, temperatures are usually cool and pleasant. In winter, abundant snowfall makes this a paradise for winter recreation.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 83 92 117 131 12%

Sold Dollar Volume $27,693,741 $35,310,921 $49,037,110 $67,900,078 38%

For Sale at End of Quarter 79 98 76 88 16%

Average Months Supply of Inventory 9.9 16.3 5.8 6.8 17%

Average Days on Market 123 128 112 97 -13%

Average List Price $347,337 $402,333 $436,595 $537,898 23%

Average Sale Price $333,660 $383,814 $419,121 $518,321 24%

Median Sale Price $230,000 $273,850 $310,000 $349,000 13%

Average List Price/Square Feet $109 $127 $149 $160 7%

Average Sold Price/Square Feet $104 $121 $143 $155 8%

Average Sold Price/Original List Price 96.06% 95.40% 96.00% 96.36% 0%

Highest Sold Price $1,995,000 $2,015,000 $2,400,000 $4,100,000 71%

Lowest Sold Price $87,500 $75,000 $85,000 $150,000 76%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 48 61 90 106 18%

Sold Dollar Volume $11,520,900 $14,015,500 $24,669,696 $34,189,378 39%

For Sale at End of Quarter 78 74 77 100 30%

Average Months Supply of Inventory 8.7 12.3 3.5 4.2 20%

Average Days on Market 96 181 114 108 -5%

Average List Price $297,775 $248,738 $307,829 $356,243 16%

Average Sale Price $240,019 $229,762 $274,108 $322,541 18%

Median Sale Price $223,000 $205,000 $207,500 $252,500 22%

Average Sold Price/Original List Price 80.60% 92.37% 89.05% 90.54% 2%

Highest Sold Price $885,100 $570,000 $4,000,000 $3,025,000 -24%

Lowest Sold Price $59,000 $34,000 $56,000 $69,000 23%

Page 29: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

MIDWAY - CHARLESTONMidway 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. Charleston is located in the south-west corner of the Heber Valley.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 64 81 66 73 11%

Sold Dollar Volume $25,904,279 $38,391,740 $31,273,383 $34,217,964 9%

For Sale at End of Quarter 52 51 40 35 -13%

Average Months Supply of Inventory 5.8 6.4 10.0 5.8 -42%

Average Days on Market 162 115 112 103 -8%

Average List Price $431,036 $492,954 $487,634 $474,758 -3%

Average Sale Price $404,754 $473,972 $473,839 $468,739 -1%

Median Sale Price $327,500 $422,080 $431,804 $450,300 4%

Average List Price/Square Feet $138 $148 $148 $163 10%

Average Sold Price/Square Feet $129 $143 $144 $159 10%

Average Sold Price/Original List Price 93.90% 96.15% 97.17% 98.73% 2%

Highest Sold Price $1,600,000 $2,000,000 $1,325,000 $1,146,000 -14%

Lowest Sold Price $63,000 $94,500 $175,000 $129,000 -26%

CONDOS 2012 2013 2014 2015 2015 vs 2014

Units Sold 10 12 23 20 -13%

Sold Dollar Volume $2,388,000 $1,941,900 $4,494,300 $5,134,740 14%

For Sale at End of Quarter 10 7 19 15 -21%

Average Months Supply of Inventory 0.0 0.0 6.3 3.8 -40%

Average Days on Market 45 127 113 80 -29%

Average List Price $246,490 $168,342 $202,811 $265,770 31%

Average Sale Price $238,800 $161,825 $195,404 $256,737 31%

Median Sale Price $174,250 $180,000 $185,000 $197,387 7%

Average List Price/Square Feet $123 $131 $136 $148 9%

Average Sold Price/Square Feet $120 $121 $131 $143 9%

Average Sold Price/Original List Price 96.88% 96.13% 96.35% 96.60% 0%

Highest Sold Price $460,500 $242,000 $310,000 $506,512 63%

Lowest Sold Price $100,000 $40,000 $130,000 $153,000 18%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 23 31 43 29 -33%

Sold Dollar Volume $5,587,533 $3,298,114 $10,004,630 $5,608,165 -44%

For Sale at End of Quarter 51 45 50 52 4%

Average Months Supply of Inventory 25.5 0.0 50.0 17.3 -65%

Average Days on Market 276 328 259 299 15%

Average List Price $263,999 $116,103 $243,707 $203,100 -17%

Average Sale Price $242,936 $106,391 $232,666 $193,385 -17%

Median Sale Price $130,000 $96,000 $125,000 $155,000 24%

Average Sold Price/Original List Price 92.02% 91.63% 95.47% 95.22% 0%

Highest Sold Price $2,375,000 $230,000 $2,050,000 $490,000 -76%

Lowest Sold Price $18,500 $18,905 $16,500 $30,000 82%

Page 30: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

TIMBERLAKESEnjoy the panoramic views of Heber Valley and the Wasatch Mountains. Escape to the seclusion and serenity of towering aspens with easy access to Uinta National Forest. 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.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 23 28 27 37 37%

Sold Dollar Volume $6,606,050 $8,004,900 $8,433,950 $11,945,799 42%

For Sale at End of Quarter 19 16 15 7 -53%

Average Months Supply of Inventory 19.0 16.0 7.5 2.3 -69%

Average Days on Market 120 112 105 80 -24%

Average List Price $306,283 $300,614 $330,146 $332,372 1%

Average Sale Price $287,220 $285,889 $312,369 $322,859 3%

Median Sale Price $212,000 $244,000 $235,000 $314,000 34%

Average List Price/Square Feet $104 $130 $150 $140 -7%

Average Sold Price/Square Feet $100 $124 $144 $135 -6%

Average Sold Price/Original List Price 93.78% 95.10% 94.62% 97.14% 3%

Highest Sold Price $1,075,000 $742,050 $940,000 $825,000 -12%

Lowest Sold Price $130,000 $100,000 $75,000 $70,000 -7%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 2 8 13 20 54%

Sold Dollar Volume $42,000 $194,000 $449,450 $535,800 19%

For Sale at End of Quarter 25 17 23 13 -43%

Average Months Supply of Inventory 0.0 5.7 11.5 4.3 -63%

Average Days on Market 103 130 185 188 2%

Average List Price $21,500 $30,325 $44,785 $30,554 -32%

Average Sale Price $21,000 $24,250 $34,573 $26,790 -23%

Median Sale Price $21,000 $24,000 $25,000 $20,050 -20%

Average Sold Price/Original List Price 97.67% 79.97% 77.20% 87.68% 14%

Highest Sold Price $27,000 $41,000 $150,000 $107,500 -28%

Lowest Sold Price $15,000 $8,000 $5,000 $6,500 30%

Page 31: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

KAMAS - MARIONKamas is known to outsiders as “The Gateway to the Uintas” and is located 42 miles east of downtown Salt Lake City. Fishing, camping, hiking, mountain climbing and other outdoor recreational activities are popular among locals. Marion is a small farming community located east of Park City in the upper Kamas Valley, part of the Wasatch Back region of Utah.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 15 27 33 23 -30%

Sold Dollar Volume $3,837,020 $10,625,890 $10,936,411 $8,269,910 -24%

For Sale at End of Quarter 13 20 11 14 27%

Average Months Supply of Inventory 4.3 10.0 3.7 7.0 89%

Average Days on Market 95 115 138 119 -14%

Average List Price $269,453 $424,563 $337,458 $373,126 11%

Average Sale Price $255,801 $393,551 $331,406 $359,561 8%

Median Sale Price $198,000 $272,000 $265,000 $272,000 3%

Average List Price/Square Feet $137 $153 $144 $152 6%

Average Sold Price/Square Feet $129 $145 $141 $147 4%

Average Sold Price/Original List Price 94.93% 92.70% 98.21% 96.36% -2%

Highest Sold Price $560,000 $1,625,000 $684,426 $1,265,000 85%

Lowest Sold Price $121,020 $55,000 $158,000 $92,000 -42%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 13 12 18 24 33%

Sold Dollar Volume $1,151,343 $1,213,500 $2,096,950 $2,897,210 38%

For Sale at End of Quarter 33 37 38 32 -16%

Average Months Supply of Inventory 16.5 0.0 38.0 6.4 -83%

Average Days on Market 227 308 345 199 -42%

Average List Price $95,281 $115,917 $125,744 $128,865 2%

Average Sale Price $88,565 $101,125 $116,497 $120,717 4%

Median Sale Price $77,000 $88,250 $90,000 $86,750 -4%

Average Sold Price/Original List Price 92.95% 87.24% 92.65% 93.68% 1%

Highest Sold Price $261,155 $230,000 $250,000 $510,000 104%

Lowest Sold Price $27,000 $34,000 $28,000 $15,000 -46%

Page 32: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

OAKLEY - WEBER CANYONOakley lies within Weber Canyon between Coalville and Peoa. The communities offers some luxury farms and log homes but you can also find reasonably priced cabins and small ramblers. Oakley is home to the world-renowned Oakley Rodeo every summer. Located only 17 miles from Park City, it is a great peaceful getaway - perfect to enjoy nature to its fullest.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 34 26 28 47 68%

Sold Dollar Volume $29,286,576 $7,532,879 $18,843,500 $22,349,160 19%

For Sale at End of Quarter 24 35 35 31 -11%

Average Months Supply of Inventory 4.8 11.7 17.5 10.3 -41%

Average Days on Market 207 152 196 139 -29%

Average List Price $1,149,197 $299,515 $702,946 $509,648 -27%

Average Sale Price $861,370 $289,726 $672,982 $475,514 -29%

Median Sale Price $232,450 $231,000 $288,750 $295,000 2%

Average List Price/Square Feet $191 $145 $176 $171 -3%

Average Sold Price/Square Feet $167 $141 $166 $161 -3%

Average Sold Price/Original List Price 74.95% 96.73% 95.74% 93.30% -3%

Highest Sold Price $16,000,000 $850,000 $9,452,500 $2,207,500 -77%

Lowest Sold Price $73,000 $90,100 $140,000 $55,000 -61%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 1 10 13 13 0%

Sold Dollar Volume $39,000 $1,244,000 $1,113,500 $2,909,500 161%

For Sale at End of Quarter 14 26 18 37 106%

Average Months Supply of Inventory 0.0 0.0 0.0 18.5 1850%

Average Days on Market 1547 254 150 289 93%

Average List Price $39,000 $139,100 $93,031 $265,962 186%

Average Sale Price $39,000 $124,400 $85,654 $223,808 161%

Median Sale Price $39,000 $38,375 $50,000 $135,000 170%

Average Sold Price/Original List Price 100.00% 89.43% 92.07% 84.15% -9%

Highest Sold Price $39,000 $685,000 $280,000 $700,000 150%

Lowest Sold Price $39,000 $12,000 $12,500 $23,500 88%

Page 33: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

WOODLAND – FRANCISWoodland is best known for its Wolf Creek Ranch development, which offers the largest residential land parcels in the area. Another part of Woodland offers one gated and one open community. The most recognized neighborhood in Francis is Wild Willow, which features large home sites and ranch style homes. Victory Ranch Golf development is located nearby with its luxury homes and home sites.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 16 26 27 22 -19%

Sold Dollar Volume $9,086,750 $21,506,901 $10,794,799 $11,368,000 5%

For Sale at End of Quarter 20 14 13 12 -8%

Average Months Supply of Inventory 20.0 0.0 4.3 6.0 40%

Average Days on Market 92 196 145 125 -14%

Average List Price $603,937 $944,458 $414,785 $534,845 29%

Average Sale Price $567,922 $827,189 $399,807 $516,727 29%

Median Sale Price $332,450 $385,000 $350,000 $444,000 27%

Average List Price/Square Feet $178 $174 $161 $207 29%

Average Sold Price/Square Feet $168 $158 $155 $200 29%

Average Sold Price/Original List Price 94.04% 87.58% 96.39% 96.61% 0%

Highest Sold Price $2,795,000 $8,500,000 $1,875,000 $2,800,000 49%

Lowest Sold Price $165,000 $110,000 $95,000 $143,000 51%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 7 7 16 7 -56%

Sold Dollar Volume $325,002 $3,584,050 $6,418,655 $2,149,000 -67%

For Sale at End of Quarter 40 44 40 49 23%

Average Months Supply of Inventory 0.0 22.0 20.0 0.0 -100%

Average Days on Market 369 1024 374 150 -60%

Average List Price $56,817 $545,714 $449,881 $362,829 -19%

Average Sale Price $46,429 $512,007 $401,166 $307,000 -23%

Median Sale Price $41,667 $675,000 $102,500 $90,000 -12%

Average Sold Price/Original List Price 81.72% 93.82% 89.17% 84.61% -5%

Highest Sold Price $75,000 $1,000,000 $1,600,000 $1,000,000 -38%

Lowest Sold Price $41,667 $45,000 $8,000 $39,000 388%

Page 34: Summit SIR 2015 Year End Market Update for the Greater Park City Area

Source: PCMLS 2012-2015. 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. ©MMXV 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.

WANSHIP - HOYTSVILLE - COALVILLE

Coalville, Wanship, Hoytsville 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 the small town living with many recreational opportunities such as boating and fishing at Rockport or Echo.

SINGLE FAMILY HOMES 2012 2013 2014 2015 2015 vs 2014

Units Sold 33 46 50 45 -10%

Sold Dollar Volume $7,608,550 $14,412,550 $14,239,801 $16,053,881 13%

For Sale at End of Quarter 43 41 38 19 -50%

Average Months Supply of Inventory 43.0 41.0 12.7 3.8 -70%

Average Days on Market 210 212 166 129 -22%

Average List Price $252,089 $331,459 $296,492 $376,602 27%

Average Sale Price $230,562 $313,316 $284,796 $356,753 25%

Median Sale Price $200,000 $245,500 $233,300 $247,000 6%

Average List Price/Square Feet $115 $134 $136 $151 11%

Average Sold Price/Square Feet $105 $126 $131 $143 9%

Average Sold Price/Original List Price 91.46% 94.53% 96.06% 94.73% -1%

Highest Sold Price $572,500 $895,000 $737,000 $2,500,000 239%

Lowest Sold Price $54,000 $75,000 $85,000 $80,000 -6%

VACANT LAND 2012 2013 2014 2015 2015 vs 2014

Units Sold 11 21 26 56 115%

Sold Dollar Volume $786,150 $1,503,500 $2,187,400 $5,179,984 137%

For Sale at End of Quarter 63 80 84 65 -23%

Average Months Supply of Inventory 0.0 80.0 42.0 8.1 -81%

Average Days on Market 218 309 209 229 10%

Average List Price $86,909 $82,919 $91,115 $102,500 12%

Average Sale Price $71,468 $71,595 $84,131 $92,500 10%

Median Sale Price $50,000 $58,000 $74,500 $70,500 -5%

Average Sold Price/Original List Price 82.23% 86.34% 92.33% 90.24% -2%

Highest Sold Price $225,000 $200,000 $229,000 $315,000 38%

Lowest Sold Price $8,750 $10,000 $13,500 $11,500 -15%

Page 35: Summit SIR 2015 Year End Market Update for the Greater Park City Area
Page 36: Summit SIR 2015 Year End Market Update for the Greater Park City Area

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