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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 View our monthly Market Update Videos at summitsothebysrealty.com/market-update Q4 2015

Greater Park City Area Market Update | Q4 2015

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Greater Park City, Utah Area Real Estate Market Update for Q4 2015 courtesy of Summit Sotheby's International Realty.

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Page 1: Greater Park City Area Market Update | Q4 2015

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

View our monthly Market Update Videos at summitsothebysrealty.com/market-update

Q4 2015

Page 2: Greater Park City Area Market Update | Q4 2015
Page 3: Greater Park City Area Market Update | Q4 2015

GREATER PARK CITY AREAGREATER PARK CITY AREA ...........................PG 4SUMMIT COUNTY ...............................................PG 5WASATCH COUNTY ........................................PG 6

PARK CITY AREA84060 .............................................................................PG 7 84098 .............................................................................PG 8 AERIE ..............................................................................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: Greater Park City Area Market Update | Q4 2015

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 compare Fourth Quarter 2012 to 2015 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 229 240 276 249 -10%

Sold Dollar Volume $214,122,347 $205,509,075 $278,813,514 $284,106,223 2%

For Sale at End of Quarter 720 776 716 662 -8%

Average Months Supply of Inventory 10.6 11.8 9.4 8.4 -11%

Average Days on Market 168 114 129 112 -13%Average List Price $1,027,879 $911,170 $1,079,542 $1,188,314 10%

Average Sale Price $935,032 $856,288 $1,010,194 $1,140,989 13%

Median Sale Price $581,250 $542,000 $665,000 $650,000 -2%

Average List Price/Square Feet $229 $240 $264 $286 8%

Average Sold Price/Square Feet $214 $228 $251 $278 11%

Average Sold Price/Original List Price 90.97% 93.98% 93.58% 96.02% 3%

Highest Sold Price $16,000,000 $10,600,000 $9,452,500 $18,952,500 101%

Lowest Sold Price $73,000 $55,000 $5 $92,000 1839900%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 164 186 245 219 -11%

Sold Dollar Volume $101,252,895 $93,558,779 $150,938,926 $132,555,508 -12%

For Sale at End of Quarter 487 506 485 425 -12%

Average Months Supply of Inventory 8.5 11.0 5.9 6.3 7%

Average Days on Market 166 97 118 87 -26%

Average List Price $662,473 $520,819 $633,365 $621,168 -2%

Average Sale Price $617,396 $503,004 $616,077 $605,276 -2%

Median Sale Price $370,000 $375,459 $432,000 $425,000 -2%

Average List Price/Square Feet $345 $318 $355 $389 10%

Average Sold Price/Square Feet $324 $307 $345 $379 10%

Average Sold Price/Original List Price 93.20% 96.58% 97.27% 97.44% 0%Highest Sold Price $4,918,000 $4,200,000 $4,400,000 $3,503,757 -20%Lowest Sold Price $54,000 $53,000 $52,500 $91,000 73%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 87 97 111 162 46%

Sold Dollar Volume $36,600,092 $28,773,400 $37,475,529 $58,091,138 55%

For Sale at End of Quarter 738 754 749 719 -4%

Average Months Supply of Inventory 21.1 30.2 15.0 10.1 -33%

Average Days on Market 180 219 153 159 4%

Average List Price $456,326 $317,963 $369,636 $409,749 11%

Average Sale Price $420,691 $296,633 $337,617 $358,587 6%

Median Sale Price $235,600 $200,000 $190,000 $234,000 23%

Average Sold Price/Original List Price 92.19% 93.29% 91.34% 87.51% -4%

Highest Sold Price $3,400,000 $1,495,000 $2,895,000 $4,400,000 52%

Lowest Sold Price $14,000 $16,250 $13,500 $6,500 -52%

Page 5: Greater Park City Area Market Update | Q4 2015

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 compare Fourth Quarter 2012 to 2015 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 163 163 177 147 -17%

Sold Dollar Volume $169,109,618 $175,724,074 $208,687,444 $217,644,786 4%

For Sale at End of Quarter 469 466 435 398 -9%

Average Months Supply of Inventory 10.4 9.9 9.7 8.5 -12%

Average Days on Market 162 109 135 118 -13%Average List Price $1,156,209 $1,152,724 $1,236,139 $1,548,933 25%

Average Sale Price $1,037,482 $1,078,062 $1,179,025 $1,480,577 26%

Median Sale Price $735,000 $675,000 $825,000 $958,000 16%

Average List Price/Square Feet $257 $287 $311 $351 13%

Average Sold Price/Square Feet $240 $272 $297 $339 14%

Average Sold Price/Original List Price 89.73% 93.52% 95.38% 95.59% 0%

Highest Sold Price $16,000,000 $10,600,000 $9,452,500 $18,952,500 101%Lowest Sold Price $73,000 $55,000 $158,000 $92,000 -42%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 139 148 199 156 -22%

Sold Dollar Volume $88,706,662 $79,575,083 $127,328,399 $100,154,388 -21%

For Sale at End of Quarter 408 389 386 336 -13%

Average Months Supply of Inventory 8.5 10.0 5.9 6.0 2%

Average Days on Market 169 101 112 97 -13%

Average List Price $689,336 $561,648 $660,528 $664,205 1%

Average Sale Price $638,177 $537,669 $639,841 $642,015 0%

Median Sale Price $365,000 $375,000 $428,500 $445,500 4%

Average List Price/Square Feet $362 $355 $382 $445 16%

Average Sold Price/Square Feet $339 $340 $369 $431 17%

Average Sold Price/Original List Price 92.58% 95.73% 96.87% 96.66% 0%Highest Sold Price $4,918,000 $4,200,000 $4,400,000 $3,503,757 -20%Lowest Sold Price $54,000 $53,000 $52,500 $91,000 73%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 59 57 52 78 50%

Sold Dollar Volume $27,872,743 $19,674,500 $22,093,662 $33,368,910 51%

For Sale at End of Quarter 443 446 407 379 -7%

Average Months Supply of Inventory 18.5 37.2 25.4 11.5 -55%

Average Days on Market 194 233 194 159 -18%

Average List Price $511,704 $368,325 $459,354 $493,112 7%

Average Sale Price $472,419 $345,167 $424,878 $427,807 1%

Median Sale Price $250,000 $229,500 $213,950 $197,000 -8%

Average Sold Price/Original List Price 92.32% 93.71% 92.49% 86.76% -6%

Highest Sold Price $3,400,000 $1,495,000 $2,895,000 $4,400,000 52%

Lowest Sold Price $14,000 $16,250 $13,500 $20,000 48%

Page 6: Greater Park City Area Market Update | Q4 2015

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 compare Fourth Quarter 2012 to 2015 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 55 60 79 85 8%

Sold Dollar Volume $38,810,429 $23,942,667 $55,602,565 $58,498,787 5%

For Sale at End of Quarter 194 223 188 163 -13%

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

Average Days on Market 173 135 121 109 -10%Average List Price $734,489 $411,550 $801,506 $704,132 -12%

Average Sale Price $705,644 $399,044 $703,830 $688,221 -2%

Median Sale Price $324,000 $338,750 $354,900 $455,000 28%

Average List Price/Square Feet $153 $143 $186 $194 4%

Average Sold Price/Square Feet $146 $137 $173 $190 10%

Average Sold Price/Original List Price 96.07% 96.96% 87.81% 97.74% 11%

Highest Sold Price $11,225,000 $1,370,000 $7,700,000 $6,500,000 -16%Lowest Sold Price $87,500 $75,000 $85,000 $129,000 52%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 23 31 42 52 24%

Sold Dollar Volume $11,991,233 $11,585,054 $21,365,027 $27,650,525 29%

For Sale at End of Quarter 65 106 77 72 -6%

Average Months Supply of Inventory 9.3 26.5 4.8 7.2 50%

Average Days on Market 161 61 148 52 -65%

Average List Price $532,990 $364,152 $508,567 $528,684 4%

Average Sale Price $521,358 $373,711 $508,691 $531,741 5%

Median Sale Price $399,900 $375,917 $448,481 $351,033 -22%

Average List Price/Square Feet $252 $176 $231 $239 3%

Average Sold Price/Square Feet $244 $179 $232 $241 4%

Average Sold Price/Original List Price 97.82% 102.63% 100.02% 100.58% 1%Highest Sold Price $2,980,000 $725,000 $2,725,000 $3,497,069 28%Lowest Sold Price $155,500 $136,000 $150,000 $145,000 -3%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 28 38 55 79 44%

Sold Dollar Volume $8,727,349 $8,866,900 $13,438,117 $21,958,428 63%

For Sale at End of Quarter 269 267 280 265 -5%

Average Months Supply of Inventory 24.5 22.3 9.0 8.0 -11%

Average Days on Market 151 184 117 157 34%

Average List Price $339,636 $250,946 $266,622 $304,944 14%

Average Sale Price $311,691 $233,339 $244,329 $277,955 14%

Median Sale Price $219,375 $187,500 $185,000 $250,000 35%

Average Sold Price/Original List Price 91.77% 92.98% 91.64% 91.15% -1%

Highest Sold Price $2,375,000 $965,000 $1,600,000 $1,850,000 16%

Lowest Sold Price $33,000 $23,000 $15,000 $6,500 -57%

Page 7: Greater Park City Area Market Update | Q4 2015

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 compare Fourth Quarter 2012 to 2015 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 Interna-tional Realty REALTOR® for help interpreting these charts.

SINGLE FAMILY HOMES Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 41 39 55 35 -36%

Sold Dollar Volume $54,386,700 $77,056,350 $97,431,735 $104,019,780 7%

For Sale at End of Quarter 185 144 152 152 0%

Average Months Supply of Inventory 15.4 11.1 9.5 15.2 60%

Average Days on Market 119 155 146 129 -12%Average List Price $1,432,485 $2,147,933 $1,959,371 $3,123,971 59%

Average Sale Price $1,326,505 $1,975,804 $1,771,486 $2,971,994 68%

Median Sale Price $1,080,000 $1,300,000 $1,300,000 $1,630,000 25%

Average List Price/Square Feet $327 $482 $437 $594 36%

Average Sold Price/Square Feet $307 $451 $408 $569 39%

Average Sold Price/Original List Price 92.60% 91.99% 90.41% 95.14% 5%

Highest Sold Price $5,500,000 $10,600,000 $7,700,000 $18,952,500 146%

Lowest Sold Price $344,000 $325,000 $437,500 $565,000 29%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 92 80 126 75 -40%

Sold Dollar Volume $78,011,807 $54,225,000 $96,667,774 $73,354,376 -24%

For Sale at End of Quarter 301 253 258 225 -13%

Average Months Supply of Inventory 10.8 9.7 6.8 8.3 22%

Average Days on Market 202 140 130 108 -17%

Average List Price $920,029 $709,455 $795,817 $1,016,200 28%

Average Sale Price $847,954 $677,813 $767,205 $978,058 27%

Median Sale Price $510,250 $435,000 $469,525 $619,650 32%

Average List Price/Square Feet $450 $409 $417 $564 35%

Average Sold Price/Square Feet $419 $392 $402 $542 35%

Average Sold Price/Original List Price 92.17% 95.54% 96.40% 96.25% 0%Highest Sold Price $4,918,000 $4,200,000 $4,400,000 $3,503,757 -20%Lowest Sold Price $54,000 $53,000 $52,500 $91,000 73%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 16 10 10 7 -30%

Sold Dollar Volume $17,098,000 $6,363,050 $9,525,512 $12,357,500 30%

For Sale at End of Quarter 98 83 51 50 -2%

Average Months Supply of Inventory 12.3 27.7 17.0 25.0 47%

Average Days on Market 197 403 99 133 34%

Average List Price $1,136,744 $664,900 $1,051,893 $1,852,857 76%

Average Sale Price $1,068,625 $636,305 $952,551 $1,765,357 85%

Median Sale Price $675,000 $512,500 $914,000 $1,700,000 86%

Average Sold Price/Original List Price 94.01% 95.70% 90.56% 95.28% 5%

Highest Sold Price $3,400,000 $1,390,000 $1,700,000 $2,707,500 59%

Lowest Sold Price $140,000 $230,000 $363,084 $500,000 38%

Page 8: Greater Park City Area Market Update | Q4 2015

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 compare Fourth Quarter 2012 to 2015 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 Interna-tional Realty REALTOR® for help interpreting these charts.

SINGLE FAMILY HOMES Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 98 93 86 78 -9%

Sold Dollar Volume $88,837,748 $87,587,094 $103,677,210 $101,845,391 -2%

For Sale at End of Quarter 187 224 191 182 -5%

Average Months Supply of Inventory 8.5 8.3 10.1 7.3 -28%

Average Days on Market 148 87 142 119 -16%Average List Price $961,845 $995,321 $1,260,279 $1,358,470 8%

Average Sale Price $906,508 $941,797 $1,205,549 $1,305,710 8%

Median Sale Price $701,500 $700,000 $820,000 $973,950 19%

Average List Price/Square Feet $227 $255 $303 $326 8%

Average Sold Price/Square Feet $216 $244 $290 $319 10%

Average Sold Price/Original List Price 94.25% 94.62% 95.66% 96.12% 0%

Highest Sold Price $5,850,000 $4,000,000 $7,930,000 $9,405,000 19%Lowest Sold Price $292,000 $139,900 $355,000 $325,000 -8%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 46 67 74 86 16%

Sold Dollar Volume $13,257,355 $25,160,183 $33,385,625 $37,356,581 12%

For Sale at End of Quarter 111 142 130 123 -5%

Average Months Supply of Inventory 6.2 10.9 4.8 4.1 -15%

Average Days on Market 108 55 82 83 1%

Average List Price $302,578 $390,712 $458,069 $442,314 -3%

Average Sale Price $288,203 $375,525 $451,157 $434,379 -4%

Median Sale Price $239,000 $325,000 $385,250 $439,000 14%

Average List Price/Square Feet $221 $292 $332 $351 6%

Average Sold Price/Square Feet $210 $280 $325 $344 6%

Average Sold Price/Original List Price 95.25% 96.11% 98.49% 98.21% 0%Highest Sold Price $910,000 $1,710,000 $1,950,000 $985,000 -49%Lowest Sold Price $91,000 $86,000 $93,500 $152,500 63%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 29 36 29 34 17%

Sold Dollar Volume $8,233,400 $12,081,700 $11,397,150 $17,043,510 50%

For Sale at End of Quarter 198 173 174 146 -16%

Average Months Supply of Inventory 15.2 21.6 17.4 9.1 -48%

Average Days on Market 209 151 164 125 -24%

Average List Price $310,069 $359,214 $418,097 $612,225 46%

Average Sale Price $283,910 $335,603 $393,005 $501,280 28%

Median Sale Price $225,000 $227,250 $275,000 $327,500 19%

Average Sold Price/Original List Price 91.56% 93.43% 94.00% 81.88% -13%

Highest Sold Price $1,150,000 $1,495,000 $2,895,000 $4,400,000 52%

Lowest Sold Price $33,500 $27,800 $42,000 $62,000 48%

Page 9: Greater Park City Area Market Update | Q4 2015

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 ver-tical 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 1 1 1 0%

Sold Dollar Volume $2,300,000 $2,562,500 $1,375,000 $1,655,000 20%

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 207 1 106 154 45%

Average List Price $2,475,000 $2,600,000 $1,449,000 $1,900,000 31%

Average Sale Price $2,300,000 $2,562,500 $1,375,000 $1,655,000 20%

Median Sale Price $2,300,000 $2,562,500 $1,375,000 $1,655,000 20%

Average List Price/Square Feet $527 $520 $287 $373 30%

Average Sold Price/Square Feet $489 $513 $272 $325 19%

Average Sold Price/Original List Price 92.93% 98.56% 94.89% 87.11% -8%

Highest Sold Price $2,300,000 $2,562,500 $1,375,000 $1,655,000 20%

Lowest Sold Price $2,300,000 $2,562,500 $1,375,000 $1,655,000 20%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 0 0 1 1 0%

Sold Dollar Volume $0 $0 $1,790,000 $1,865,000 4%

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 0 190 108 -43%

Average List Price $0 $0 $1,795,000 $2,085,000 16%

Average Sale Price $0 $0 $1,790,000 $1,865,000 4%

Median Sale Price $0 $0 $1,790,000 $1,865,000 4%

Average List Price/Square Feet $0 $0 $525 $610 16%

Average Sold Price/Square Feet $0 $0 $523 $545 4%

Average Sold Price/Original List Price 0.00% 0.00% 99.72% 89.45% -10%

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

Lowest Sold Price $0 $0 $1,790,000 $1,865,000 4%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 1 0 0 0%

Sold Dollar Volume $775,000 $710,000 $0 $0 0%

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 201 154 0 0 0%

Average List Price $850,000 $745,000 $0 $0 0%

Average Sale Price $775,000 $710,000 $0 $0 0%

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

Average Sold Price/Original List Price 91.18% 95.30% 0.00% 0.00% 0%

Highest Sold Price $775,000 $710,000 $0 $0 0%

Lowest Sold Price $775,000 $710,000 $0 $0 0%

Page 10: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 2 0 3 1 -67%

Sold Dollar Volume $16,375,000 $0 $20,300,000 $6,500,000 -68%

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 375 0 578 261 -55%

Average List Price $8,312,500 $0 $8,816,667 $6,995,000 -21%

Average Sale Price $8,187,500 $0 $6,766,667 $6,500,000 -4%

Median Sale Price $8,187,500 $0 $7,600,000 $6,500,000 -14%

Average List Price/Square Feet $632 $0 $818 $821 0%

Average Sold Price/Square Feet $618 $0 $639 $763 19%

Average Sold Price/Original List Price 98.50% 0.00% 76.75% 92.92% 21%

Highest Sold Price $11,225,000 $0 $7,700,000 $6,500,000 -16%

Lowest Sold Price $5,150,000 $0 $5,000,000 $6,500,000 30%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 0 3 3 0%

Sold Dollar Volume $2,980,000 $0 $5,280,000 $9,447,069 79%

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 238 0 9 4 -56%

Average List Price $3,200,000 $0 $1,770,000 $3,166,667 79%

Average Sale Price $2,980,000 $0 $1,760,000 $3,149,023 79%

Median Sale Price $2,980,000 $0 $1,325,000 $3,350,000 153%

Average List Price/Square Feet $1,737 $0 $792 $814 3%

Average Sold Price/Square Feet $1,618 $0 $787 $799 2%

Average Sold Price/Original List Price 93.13% 0.00% 99.44% 99.44% 0%

Highest Sold Price $2,980,000 $0 $2,725,000 $3,497,069 28%

Lowest Sold Price $2,980,000 $0 $1,230,000 $2,600,000 111%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 0 0 0 0%

Sold Dollar Volume $1,350,000 $0 $0 $0 0%

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 320 0 0 0 0%

Average List Price $1,699,000 $0 $0 $0 0%

Average Sale Price $1,350,000 $0 $0 $0 0%

Median Sale Price $1,350,000 $0 $0 $0 0%

Average Sold Price/Original List Price 79.46% 0.00% 0.00% 0.00% 0%

Highest Sold Price $1,350,000 $0 $0 $0 0%

Lowest Sold Price $1,350,000 $0 $0 $0 0%

Page 11: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 0 2 0 1 100%

Sold Dollar Volume $0 $16,900,000 $0 $7,500,000 750000000%

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 0 470 0 671 67100%

Average List Price $0 $9,725,000 $0 $7,790,000 779000000%

Average Sale Price $0 $8,450,000 $0 $7,500,000 750000000%

Median Sale Price $0 $8,450,000 $0 $7,500,000 750000000%

Average List Price/Square Feet $0 $1,011 $0 $1,147 114700%

Average Sold Price/Square Feet $0 $895 $0 $1,104 110400%

Average Sold Price/Original List Price 0.00% 86.89% 0.00% 96.28% 96%

Highest Sold Price $0 $10,600,000 $0 $7,500,000 750000000%

Lowest Sold Price $0 $6,300,000 $0 $7,500,000 750000000%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 3 0 0 0 0%

Sold Dollar Volume $9,385,000 $0 $0 $0 0%

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 0 0 0 0%

Average List Price $3,316,667 $0 $0 $0 0%

Average Sale Price $3,128,333 $0 $0 $0 0%

Median Sale Price $3,150,000 $0 $0 $0 0%

Average Sold Price/Original List Price 94.32% 0.00% 0.00% 0.00% 0%

Highest Sold Price $3,400,000 $0 $0 $0 0%

Lowest Sold Price $2,835,000 $0 $0 $0 0%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 10 5 5 6 20%

Sold Dollar Volume $29,629,250 $14,515,500 $16,038,750 $17,151,000 7%

For Sale at End of Quarter 39 45 61 49 -20%

Average Months Supply of Inventory 13.0 22.5 30.5 24.5 -20%

Average Days on Market 249 444 38 126 232%

Average List Price $3,330,990 $3,034,000 $3,350,000 $2,974,167 -11%

Average Sale Price $2,962,925 $2,903,100 $3,207,750 $2,858,500 -11%

Median Sale Price $3,020,000 $3,600,500 $3,100,000 $3,100,000 0%

Average List Price/Square Feet $1,228 $981 $1,206 $1,436 19%

Average Sold Price/Square Feet $1,097 $941 $1,144 $1,378 20%

Average Sold Price/Original List Price 88.95% 95.69% 95.75% 96.11% 0%

Highest Sold Price $4,918,000 $4,200,000 $4,400,000 $3,201,000 -27%

Lowest Sold Price $1,350,000 $1,365,000 $2,300,000 $1,950,000 -15%

Page 12: Greater Park City Area Market Update | Q4 2015

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 fea-tures luxurious homes with tremendous views of all three local ski areas plus a fabu-lous 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 13 9 7 10 43%

Sold Dollar Volume $19,573,450 $11,242,500 $11,117,500 $18,121,000 63%

For Sale at End of Quarter 37 42 36 29 -19%

Average Months Supply of Inventory 7.4 14.0 36.0 14.5 -60%

Average Days on Market 172 96 365 103 -72%

Average List Price $1,627,892 $1,367,322 $1,794,129 $2,054,779 15%

Average Sale Price $1,505,650 $1,249,167 $1,588,214 $1,812,100 14%

Median Sale Price $750,000 $768,000 $1,395,000 $1,968,500 41%

Average List Price/Square Feet $293 $304 $469 $325 -31%

Average Sold Price/Square Feet $275 $281 $390 $300 -23%

Average Sold Price/Original List Price 92.49% 91.36% 88.52% 88.19% 0%

Highest Sold Price $5,850,000 $2,500,000 $3,087,500 $3,200,000 4%

Lowest Sold Price $306,000 $368,000 $710,000 $659,000 -7%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 9 8 7 12 71%

Sold Dollar Volume $2,995,050 $3,378,000 $3,218,250 $5,134,200 60%

For Sale at End of Quarter 53 43 42 35 -17%

Average Months Supply of Inventory 10.6 21.5 14.0 5.0 -64%

Average Days on Market 206 169 239 134 -44%

Average List Price $376,767 $457,500 $485,214 $456,750 -6%

Average Sale Price $332,783 $422,250 $459,750 $427,850 -7%

Median Sale Price $300,000 $332,000 $451,250 $490,540 9%

Average Sold Price/Original List Price 88.33% 92.30% 94.75% 93.67% -1%

Highest Sold Price $575,000 $801,000 $799,000 $600,000 -25%

Lowest Sold Price $239,000 $162,000 $77,500 $199,000 157%

Page 13: Greater Park City Area Market Update | Q4 2015

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 Palm-er and is as beautiful as it is challenging.

SINGLE FAMILY HOMES Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 13 17 10 8 -20%

Sold Dollar Volume $10,325,500 $14,072,363 $9,445,921 $6,012,300 -36%

For Sale at End of Quarter 24 26 14 16 14%

Average Months Supply of Inventory 4.8 6.5 3.5 8.0 129%

Average Days on Market 113 136 85 66 -22%

Average List Price $825,431 $853,522 $969,965 $776,863 -20%

Average Sale Price $794,269 $827,786 $944,592 $751,538 -20%

Median Sale Price $750,000 $700,000 $812,500 $675,000 -17%

Average List Price/Square Feet $180 $190 $222 $189 -15%

Average Sold Price/Square Feet $173 $184 $216 $182 -16%

Average Sold Price/Original List Price 96.22% 96.98% 97.38% 96.74% -1%

Highest Sold Price $1,860,000 $2,587,000 $2,079,671 $1,034,300 -50%

Lowest Sold Price $395,000 $403,000 $639,000 $550,000 -0.14

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 3 4 4 5 25%

Sold Dollar Volume $983,000 $1,580,550 $2,133,000 $3,102,500 45%

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 60 88 19 54 184%

Average List Price $339,000 $407,950 $540,000 $627,580 16%

Average Sale Price $327,667 $395,138 $533,250 $620,500 16%

Median Sale Price $370,000 $445,275 $514,000 $582,500 13%

Average List Price/Square Feet $158 $196 $213 $216 1%

Average Sold Price/Square Feet $152 $189 $211 $214 1%

Average Sold Price/Original List Price 96.66% 96.86% 98.75% 98.87% 0%

Highest Sold Price $385,000 $460,000 $625,000 $820,000 31%

Lowest Sold Price $228,000 $230,000 $480,000 $540,000 13%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 3 3 1 4 300%

Sold Dollar Volume $555,000 $727,000 $190,000 $1,667,000 777%

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 351 33 325 150 -54%

Average List Price $199,667 $258,333 $199,000 $432,000 117%

Average Sale Price $185,000 $242,333 $190,000 $416,750 119%

Median Sale Price $165,000 $237,000 $190,000 $419,750 121%

Average Sold Price/Original List Price 92.65% 93.81% 95.48% 96.47% 1%

Highest Sold Price $225,000 $265,000 $190,000 $482,500 154%

Lowest Sold Price $165,000 $225,000 $190,000 $345,000 0.82

Page 14: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 3 3 8 13 63%

Sold Dollar Volume $3,027,000 $2,223,750 $6,838,412 $14,484,851 112%

For Sale at End of Quarter 31 33 36 20 -44%

Average Months Supply of Inventory 31.0 0.0 18.0 6.7 -63%

Average Days on Market 270 193 272 78 -71%

Average List Price $1,131,000 $774,667 $911,863 $1,101,130 21%

Average Sale Price $1,009,000 $741,250 $854,802 $1,114,219 30%

Median Sale Price $464,500 $710,000 $682,750 $1,291,900 89%

Average List Price/Square Feet $246 $236 $221 $324 47%

Average Sold Price/Square Feet $218 $226 $210 $330 57%

Average Sold Price/Original List Price 89.21% 95.69% 93.74% 101.19% 8%

Highest Sold Price $2,100,000 $825,000 $1,850,000 $2,000,000 8%

Lowest Sold Price $462,500 $688,750 $425,900 $501,409 18%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 21 29 34 40 18%

Sold Dollar Volume $8,550,733 $11,555,296 $14,998,027 $15,878,694 6%

For Sale at End of Quarter 45 82 49 44 -10%

Average Months Supply of Inventory 6.4 20.5 4.5 8.8 96%

Average Days on Market 161 64 172 53 -69%

Average List Price $408,560 $387,245 $438,968 $389,169 -11%

Average Sale Price $407,178 $398,458 $441,118 $396,967 -10%

Median Sale Price $387,470 $383,145 $449,933 $355,433 -21%

Average List Price/Square Feet $185 $182 $213 $217 2%

Average Sold Price/Square Feet $182 $187 $214 $222 4%

Average Sold Price/Original List Price 99.66% 102.90% 100.49% 102.00% 2%

Highest Sold Price $1,200,000 $725,000 $632,800 $850,000 34%

Lowest Sold Price $155,500 $160,000 $205,000 $145,000 -29%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 3 4 7 22 214%

Sold Dollar Volume $550,999 $1,057,100 $1,358,000 $6,506,500 379%

For Sale at End of Quarter 89 103 104 78 -25%

Average Months Supply of Inventory 0.0 103.0 20.8 26.0 25%

Average Days on Market 192 105 189 133 -30%

Average List Price $227,967 $284,750 $212,400 $317,695 50%

Average Sale Price $183,666 $264,275 $194,000 $295,750 52%

Median Sale Price $199,000 $230,000 $189,000 $250,000 32%

Average Sold Price/Original List Price 80.57% 92.81% 91.34% 93.09% 2%

Highest Sold Price $250,000 $420,000 $375,000 $650,000 73%

Lowest Sold Price $101,999 $177,100 $15,000 $89,000 493%

Page 15: Greater Park City Area Market Update | Q4 2015

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 offer charming single family homes for sale, comfortable conDays on Marketiniums and a constantly growing number of amenities, including free outdoor music every Thursday at Newpark during the summer.

SINGLE FAMILY HOMES Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 2 3 8 4 -50%

Sold Dollar Volume $875,000 $1,437,337 $4,095,909 $1,985,000 -52%

For Sale at End of Quarter 3 2 1 0 -100%

Average Months Supply of Inventory 0.0 0.0 1.0 0.0 -100%

Average Days on Market 95 90 73 60 -18%

Average List Price $460,750 $470,300 $519,350 $508,450 -2%

Average Sale Price $437,500 $479,112 $511,989 $496,250 -3%

Median Sale Price $437,500 $433,937 $516,712 $500,000 -3%

Average List Price/Square Feet $234 $250 $283 $319 13%

Average Sold Price/Square Feet $222 $256 $279 $312 12%

Average Sold Price/Original List Price 94.95% 101.87% 98.58% 97.60% -1%

Highest Sold Price $445,000 $569,900 $589,000 $520,000 -12%

Lowest Sold Price $430,000 $433,500 $445,000 $465,000 4%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 15 20 19 31 63%

Sold Dollar Volume $2,741,205 $5,548,300 $4,935,950 $10,913,540 121%

For Sale at End of Quarter 22 38 27 13 -52%

Average Months Supply of Inventory 3.1 7.6 3.0 1.6 -47%

Average Days on Market 58 63 100 62 -38%

Average List Price $188,353 $284,525 $266,642 $355,219 33%

Average Sale Price $182,747 $277,415 $259,787 $352,050 36%

Median Sale Price $179,500 $242,500 $225,000 $414,900 84%

Average List Price/Square Feet $167 $246 $244 $319 31%

Average Sold Price/Square Feet $162 $239 $237 $316 33%

Average Sold Price/Original List Price 97.02% 97.50% 97.43% 99.11% 2%

Highest Sold Price $385,000 $439,000 $467,000 $475,000 2%

Lowest Sold Price $91,000 $127,500 $148,000 $152,500 0.03

Page 16: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 3 2 4 3 -25%

Sold Dollar Volume $4,347,500 $4,769,050 $6,275,000 $6,300,000 0%

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 169 251 125 104 -17%

Average List Price $1,571,667 $2,917,000 $1,689,250 $2,191,333 30%

Average Sale Price $1,449,167 $2,384,525 $1,568,750 $2,100,000 34%

Median Sale Price $1,250,000 $2,384,525 $1,337,500 $1,900,000 42%

Average List Price/Square Feet $293 $428 $374 $409 9%

Average Sold Price/Square Feet $275 $356 $348 $391 12%

Average Sold Price/Original List Price 92.21% 81.75% 92.87% 95.83% 3%

Highest Sold Price $2,085,000 $3,250,000 $2,300,000 $2,600,000 13%

Lowest Sold Price $1,012,500 $1,519,050 $1,300,000 $1,800,000 38%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 12 8 20 13 -35%

Sold Dollar Volume $9,084,905 $4,984,000 $14,373,024 $12,261,500 -15%

For Sale at End of Quarter 52 51 44 36 -18%

Average Months Supply of Inventory 17.3 25.5 5.5 9.0 64%

Average Days on Market 200 141 194 66 -66%

Average List Price $787,892 $654,363 $755,000 $985,762 31%

Average Sale Price $757,075 $623,000 $718,651 $943,192 31%

Median Sale Price $690,000 $622,500 $713,750 $835,000 17%

Average List Price/Square Feet $416 $369 $409 $522 28%

Average Sold Price/Square Feet $400 $352 $389 $502 29%

Average Sold Price/Original List Price 96.09% 95.21% 95.19% 95.68% 1%

Highest Sold Price $2,375,000 $750,000 $1,085,000 $2,000,000 84%

Lowest Sold Price $250,000 $375,000 $350,000 $527,000 51%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 3 0 1 0 -100%

Sold Dollar Volume $1,309,000 $0 $523,428 $0 -100%

For Sale at End of Quarter 18 12 13 3 -77%

Average Months Supply of Inventory 9.0 0.0 0.0 0.0 0%

Average Days on Market 1 0 93 0 -100%

Average List Price $441,333 $0 $589,000 $0 -100%

Average Sale Price $436,333 $0 $523,428 $0 -100%

Median Sale Price $435,000 $0 $523,428 $0 -100%

Average Sold Price/Original List Price 98.87% 0.00% 88.87% 0.00% -100%

Highest Sold Price $475,000 $0 $523,428 $0 -100%

Lowest Sold Price $399,000 $0 $523,428 $0 -100%

Page 17: Greater Park City Area Market Update | Q4 2015

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 condo-minium 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 1 1 3 200%

Sold Dollar Volume $2,925,000 $3,230,000 $3,900,000 $25,600,281 556%

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 1 27 64 125 95%

Average List Price $2,925,000 $3,398,000 $4,100,000 $8,825,000 115%

Average Sale Price $2,925,000 $3,230,000 $3,900,000 $8,533,427 119%

Median Sale Price $2,925,000 $3,230,000 $3,900,000 $7,455,031 91%

Average List Price/Square Feet $574 $666 $743 $1,083 46%

Average Sold Price/Square Feet $574 $633 $707 $1,054 49%

Average Sold Price/Original List Price 100.00% 95.06% 95.12% 96.70% 2%

Highest Sold Price $2,925,000 $3,230,000 $3,900,000 $12,345,250 217%

Lowest Sold Price $2,925,000 $3,230,000 $3,900,000 $5,800,000 49%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 9 7 7 7 0%

Sold Dollar Volume $11,274,602 $7,796,550 $16,425,000 $10,955,000 -33%

For Sale at End of Quarter 41 43 56 39 -30%

Average Months Supply of Inventory 8.2 14.3 56.0 13.0 -77%

Average Days on Market 244 163 127 304 139%

Average List Price $1,360,983 $1,185,357 $2,444,857 $1,679,707 -31%

Average Sale Price $1,252,734 $1,113,793 $2,346,429 $1,565,000 -33%

Median Sale Price $850,000 $1,325,000 $2,232,500 $1,775,000 -20%

Average List Price/Square Feet $512 $508 $627 $655 4%

Average Sold Price/Square Feet $478 $474 $600 $614 2%

Average Sold Price/Original List Price 92.05% 93.96% 95.97% 93.17% -3%

Highest Sold Price $3,100,000 $1,804,050 $3,562,500 $2,800,000 -21%

Lowest Sold Price $416,900 $465,000 $1,480,000 $650,000 -56%

Page 18: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 10 12 19 11 -42%

Sold Dollar Volume $8,226,000 $15,461,000 $24,518,750 $14,451,999 -41%

For Sale at End of Quarter 51 27 35 47 34%

Average Months Supply of Inventory 17.0 5.4 5.0 11.8 136%

Average Days on Market 147 135 114 79 -31%

Average List Price $859,300 $1,353,782 $1,351,079 $1,359,727 1%

Average Sale Price $822,600 $1,288,417 $1,290,461 $1,313,818 2%

Median Sale Price $793,750 $1,117,500 $1,250,000 $1,165,000 -7%

Average List Price/Square Feet $433 $590 $521 $678 30%

Average Sold Price/Square Feet $414 $561 $495 $662 34%

Average Sold Price/Original List Price 95.73% 95.17% 95.51% 96.62% 1%

Highest Sold Price $1,220,000 $2,300,000 $2,795,000 $2,450,000 -12%

Lowest Sold Price $405,000 $325,000 $437,500 $565,000 29%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 34 41 56 28 -50%

Sold Dollar Volume $16,648,300 $18,507,200 $30,209,300 $15,839,907 -48%

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 217 139 134 111 -17%

Average List Price $519,550 $472,332 $559,248 $577,229 3%

Average Sale Price $489,656 $451,395 $539,452 $565,711 5%

Median Sale Price $309,000 $370,000 $435,750 $310,500 -29%

Average List Price/Square Feet $347 $405 $392 $486 24%

Average Sold Price/Square Feet $327 $386 $379 $474 25%

Average Sold Price/Original List Price 94.25% 95.57% 96.46% 98.00% 2%

Highest Sold Price $1,750,000 $1,925,000 $2,350,000 $3,503,757 49%

Lowest Sold Price $108,000 $165,000 $123,000 $158,500 29%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 0 2 0 4 400%

Sold Dollar Volume $0 $33,250 $0 $519,000 51900000%

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 0 117 0 292 29200%

Average List Price $0 $18,750 $0 $178,375 17837500%

Average Sale Price $0 $16,625 $0 $129,750 12975000%

Median Sale Price $0 $16,625 $0 $107,000 10700000%

Average Sold Price/Original List Price 0.00% 88.67% 0.00% 72.74% 73%

Highest Sold Price $0 $17,000 $0 $275,000 27500000%

Lowest Sold Price $0 $16,250 $0 $30,000 3000000%

Page 19: Greater Park City Area Market Update | Q4 2015

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 MEADOWSThe Park Meadows subdivision 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 it’s “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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 17 13 20 10 -50%

Sold Dollar Volume $24,497,500 $16,016,750 $34,150,050 $15,755,000 -54%

For Sale at End of Quarter 40 28 29 15 -48%

Average Months Supply of Inventory 5.7 7.0 9.7 7.5 -23%

Average Days on Market 115 92 148 148 0%

Average List Price $1,554,765 $1,324,962 $1,821,450 $1,698,600 -7%

Average Sale Price $1,441,029 $1,232,058 $1,707,503 $1,575,500 -8%

Median Sale Price $1,350,000 $732,250 $1,375,000 $1,432,500 4%

Average List Price/Square Feet $290 $345 $352 $359 2%

Average Sold Price/Square Feet $269 $326 $333 $332 0%

Average Sold Price/Original List Price 92.68% 92.99% 93.74% 92.75% -1%

Highest Sold Price $3,000,000 $4,000,000 $5,100,000 $2,850,000 -44%

Lowest Sold Price $590,000 $592,000 $974,000 $785,000 -19%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 13 8 9 5 -44%

Sold Dollar Volume $6,076,750 $6,227,000 $10,474,500 $3,074,000 -71%

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 116 68 30 87 190%

Average List Price $488,423 $809,125 $1,184,500 $642,400 -46%

Average Sale Price $467,442 $778,375 $1,163,833 $614,800 -47%

Median Sale Price $505,500 $582,500 $1,150,000 $629,000 -45%

Average List Price/Square Feet $268 $341 $380 $300 -21%

Average Sold Price/Square Feet $258 $329 $373 $284 -24%

Average Sold Price/Original List Price 95.70% 96.20% 98.26% 95.70% -3%

Highest Sold Price $860,000 $1,800,000 $2,279,000 $920,000 -60%

Lowest Sold Price $115,000 $369,000 $437,500 $335,000 -0.23

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 4 3 2 0 -100%

Sold Dollar Volume $2,729,000 $1,655,000 $1,833,000 $0 -100%

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 44 320 16 0 -100%

Average List Price $699,750 $575,000 $942,500 $0 -100%

Average Sale Price $682,250 $551,667 $916,500 $0 -100%

Median Sale Price $675,000 $550,000 $916,500 $0 -100%

Average Sold Price/Original List Price 97.50% 95.94% 97.24% 0.00% -100%

Highest Sold Price $1,050,000 $630,000 $975,000 $0 -100%

Lowest Sold Price $329,000 $475,000 $858,000 $0 -100%

Page 20: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 15 6 9 10 11%

Sold Dollar Volume $10,041,550 $3,386,100 $7,134,500 $7,276,750 2%

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 108 109 105 95 -10%

Average List Price $690,199 $584,650 $818,361 $759,190 -7%

Average Sale Price $669,437 $564,350 $792,722 $727,675 -8%

Median Sale Price $616,000 $605,550 $775,000 $689,950 -11%

Average List Price/Square Feet $165 $156 $200 $212 6%

Average Sold Price/Square Feet $160 $150 $194 $203 5%

Average Sold Price/Original List Price 96.99% 96.53% 96.87% 95.85% -1%

Highest Sold Price $1,417,000 $712,000 $1,007,500 $1,000,000 -1%

Lowest Sold Price $345,000 $360,000 $575,000 $518,000 -10%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 8 12 15 12 -20%

Sold Dollar Volume $2,300,900 $3,683,450 $5,688,558 $5,335,000 -6%

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 41 39 71 35 -51%

Average List Price $296,825 $310,863 $387,880 $448,658 16%

Average Sale Price $287,613 $306,954 $379,237 $444,583 17%

Median Sale Price $247,500 $338,000 $380,000 $447,500 18%

Average List Price/Square Feet $187 $215 $243 $274 13%

Average Sold Price/Square Feet $180 $213 $238 $272 14%

Average Sold Price/Original List Price 96.90% 98.74% 97.77% 99.09% 1%

Highest Sold Price $428,000 $405,000 $580,000 $593,500 2%

Lowest Sold Price $192,900 $158,950 $237,000 $337,500 42%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 1 2 1 -50%

Sold Dollar Volume $380,000 $90,000 $405,000 $170,000 -58%

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 42 197 116 33 -72%

Average List Price $350,000 $109,500 $210,000 $170,000 -19%

Average Sale Price $380,000 $90,000 $202,500 $170,000 -16%

Median Sale Price $380,000 $90,000 $202,500 $170,000 -16%

Average Sold Price/Original List Price 108.57% 82.19% 96.43% 100.00% 4%

Highest Sold Price $380,000 $90,000 $230,000 $170,000 -26%

Lowest Sold Price $380,000 $90,000 $175,000 $170,000 -3%

Page 21: Greater Park City Area Market Update | Q4 2015

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 rid-ing 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 14 13 13 17 31%

Sold Dollar Volume $18,265,750 $25,249,814 $19,854,040 $31,071,573 57%

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 233 89 308 261 -15%

Average List Price $1,404,554 $2,070,467 $1,557,921 $1,798,235 15%

Average Sale Price $1,304,696 $1,942,293 $1,527,234 $1,827,740 20%

Median Sale Price $1,225,000 $1,671,000 $1,322,830 $1,621,454 23%

Average List Price/Square Feet $328 $409 $428 $465 9%

Average Sold Price/Square Feet $308 $388 $427 $477 12%

Average Sold Price/Original List Price 92.89% 93.81% 98.03% 101.64% 4%

Highest Sold Price $2,800,000 $4,000,000 $2,575,000 $3,900,000 51%

Lowest Sold Price $840,000 $1,010,000 $1,110,000 $1,269,731 14%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 10 17 11 12 9%

Sold Dollar Volume $1,919,250 $4,671,000 $3,377,900 $3,457,810 2%

For Sale at End of Quarter 65 66 81 73 -10%

Average Months Supply of Inventory 16.3 16.5 27.0 14.6 -46%

Average Days on Market 234 121 107 131 22%

Average List Price $222,290 $299,318 $331,082 $305,970 -8%

Average Sale Price $191,925 $274,765 $307,082 $288,151 -6%

Median Sale Price $172,500 $195,000 $325,000 $233,750 -28%

Average Sold Price/Original List Price 86.34% 91.80% 92.75% 94.18% 2%

Highest Sold Price $350,000 $600,000 $525,000 $712,500 36%

Lowest Sold Price $40,000 $99,000 $120,000 $113,905 -5%

Page 22: Greater Park City Area Market Update | Q4 2015

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 neighbor-hood park with a pond and playground.

SINGLE FAMILY HOMES Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 5 3 4 1 -75%

Sold Dollar Volume $3,414,200 $1,522,000 $2,785,826 $625,000 -78%

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 110 162 43 103 140%

Average List Price $724,380 $542,500 $742,975 $649,000 -13%

Average Sale Price $682,840 $507,333 $696,457 $625,000 -10%

Median Sale Price $760,000 $555,000 $691,250 $625,000 -10%

Average List Price/Square Feet $258 $274 $214 $344 61%

Average Sold Price/Square Feet $242 $258 $200 $331 66%

Average Sold Price/Original List Price 94.27% 93.52% 93.74% 96.30% 3%

Highest Sold Price $1,012,500 $590,000 $843,326 $625,000 -26%

Lowest Sold Price $344,000 $377,000 $560,000 $625,000 12%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 13 13 25 12 -52%

Sold Dollar Volume $2,318,000 $2,585,750 $4,279,200 $2,760,900 -35%

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 179 47 122 56 -54%

Average List Price $185,769 $205,262 $177,864 $236,475 33%

Average Sale Price $178,308 $198,904 $171,168 $230,075 34%

Median Sale Price $109,500 $81,500 $104,000 $130,750 26%

Average List Price/Square Feet $189 $223 $257 $345 34%

Average Sold Price/Square Feet $181 $214 $246 $331 35%

Average Sold Price/Original List Price 95.98% 96.90% 96.24% 97.29% 1%

Highest Sold Price $515,000 $759,000 $535,000 $731,000 37%

Lowest Sold Price $54,000 $53,000 $52,500 $91,000 73%

Page 23: Greater Park City Area Market Update | Q4 2015

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, bas-ketball courts, volleyball courts, children’s playgrounds, and a picnic pavilion.

SINGLE FAMILY HOMES Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 11 12 10 12 20%

Sold Dollar Volume $6,788,750 $8,074,000 $9,105,290 $11,471,500 26%

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 125 44 52 51 -2%

Average List Price $641,354 $692,367 $935,300 $994,283 6%

Average Sale Price $617,159 $672,833 $910,529 $955,958 5%

Median Sale Price $615,000 $707,000 $789,500 $920,500 17%

Average List Price/Square Feet $235 $255 $299 $327 9%

Average Sold Price/Square Feet $226 $247 $292 $316 8%

Average Sold Price/Original List Price 96.23% 97.18% 97.35% 96.15% -1%

Highest Sold Price $790,000 $765,000 $2,300,000 $1,283,000 -44%

Lowest Sold Price $470,000 $516,000 $636,290 $640,000 1%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 1 2 3 50%

Sold Dollar Volume $420,000 $395,000 $885,184 $1,531,000 73%

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 60 61 44 48 9%

Average List Price $429,500 $445,000 $464,450 $524,967 13%

Average Sale Price $420,000 $395,000 $442,592 $510,333 15%

Median Sale Price $420,000 $395,000 $442,592 $538,000 22%

Average List Price/Square Feet $254 $224 $267 $266 0%

Average Sold Price/Square Feet $249 $199 $254 $259 2%

Average Sold Price/Original List Price 97.79% 88.76% 95.29% 97.21% 2%

Highest Sold Price $420,000 $395,000 $455,184 $550,000 21%

Lowest Sold Price $420,000 $395,000 $430,000 $443,000 3%

Page 24: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 10 7 9 6 -33%

Sold Dollar Volume $3,991,600 $2,621,080 $4,478,800 $3,745,500 -16%

For Sale at End of Quarter 10 6 6 6 0%

Average Months Supply of Inventory 10.0 1.5 3.0 2.0 -33%

Average Days on Market 160 64 82 82 0%

Average List Price $422,260 $386,557 $518,211 $642,150 24%

Average Sale Price $399,160 $374,440 $497,644 $624,250 25%

Median Sale Price $380,000 $385,000 $429,000 $655,000 53%

Average List Price/Square Feet $138 $153 $161 $172 7%

Average Sold Price/Square Feet $132 $149 $155 $167 8%

Average Sold Price/Original List Price 94.53% 96.87% 96.03% 97.21% 1%

Highest Sold Price $550,000 $581,500 $815,000 $885,000 9%

Lowest Sold Price $320,000 $139,900 $362,300 $325,000 -10%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 3 4 5 3 -40%

Sold Dollar Volume $116,600 $204,700 $321,000 $264,500 -18%

For Sale at End of Quarter 21 14 7 9 29%

Average Months Supply of Inventory 0.0 0.0 3.5 4.5 29%

Average Days on Market 101 143 106 52 -51%

Average List Price $50,067 $55,950 $70,480 $88,333 25%

Average Sale Price $38,867 $51,175 $64,200 $88,167 37%

Median Sale Price $37,100 $48,750 $64,000 $67,500 5%

Average Sold Price/Original List Price 77.63% 91.47% 91.09% 99.81% 10%

Highest Sold Price $46,000 $79,400 $85,000 $135,000 59%

Lowest Sold Price $33,500 $27,800 $42,000 $62,000 48%

Page 25: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 4 8 7 2 -71%

Sold Dollar Volume $4,351,750 $7,043,700 $10,435,250 $3,077,500 -71%

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 154 88 98 56 -43%

Average List Price $1,150,500 $932,125 $1,572,286 $1,637,000 4%

Average Sale Price $1,087,938 $880,463 $1,490,750 $1,538,750 3%

Median Sale Price $1,008,500 $832,500 $1,050,000 $1,538,750 47%

Average List Price/Square Feet $250 $252 $322 $296 -8%

Average Sold Price/Square Feet $236 $240 $305 $278 -9%

Average Sold Price/Original List Price 94.56% 94.46% 94.81% 94.00% -1%

Highest Sold Price $1,915,000 $1,452,000 $3,225,250 $1,850,000 -43%

Lowest Sold Price $419,750 $544,000 $655,000 $1,227,500 87%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 5 8 7 10 43%

Sold Dollar Volume $1,557,800 $2,521,985 $7,109,693 $4,151,041 -42%

For Sale at End of Quarter 7 17 10 10 0%

Average Months Supply of Inventory 3.5 17.0 2.5 5.0 100%

Average Days on Market 149 44 91 56 -38%

Average List Price $337,540 $331,454 $989,000 $420,299 -58%

Average Sale Price $311,560 $315,248 $1,015,670 $415,104 -59%

Median Sale Price $330,000 $278,750 $432,000 $413,450 -4%

Average List Price/Square Feet $194 $233 $327 $279 -15%

Average Sold Price/Square Feet $180 $221 $330 $275 -17%

Average Sold Price/Original List Price 92.30% 95.11% 102.70% 98.76% -4%

Highest Sold Price $452,000 $514,000 $1,950,000 $629,500 -68%

Lowest Sold Price $169,000 $235,485 $282,000 $172,634 -39%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 0 1 0 -100%

Sold Dollar Volume $117,500 $0 $490,000 $0 -100%

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 0 145 0 -100%

Average List Price $129,000 $0 $525,000 $0 -100%

Average Sale Price $117,500 $0 $490,000 $0 -100%

Median Sale Price $117,500 $0 $490,000 $0 -100%

Average Sold Price/Original List Price 91.09% 0.00% 93.33% 0.00% -100%

Highest Sold Price $117,500 $0 $490,000 $0 -100%

Lowest Sold Price $117,500 $0 $490,000 $0 -100%

Page 26: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 5 4 1 -75%

Sold Dollar Volume $2,849,999 $16,758,050 $22,774,109 $18,952,500 -17%

For Sale at End of Quarter 24 24 30 27 -10%

Average Months Supply of Inventory 0.0 8.0 0.0 0.0 0%

Average Days on Market 124 253 183 59 -68%

Average List Price $2,999,999 $3,457,800 $5,808,250 $19,950,000 243%

Average Sale Price $2,849,999 $3,351,610 $5,693,527 $18,952,500 233%

Median Sale Price $2,849,999 $4,200,000 $5,297,500 $18,952,500 258%

Average List Price/Square Feet $529 $610 $729 $1,209 66%

Average Sold Price/Square Feet $503 $591 $724 $1,149 59%

Average Sold Price/Original List Price 95.00% 96.93% 98.02% 95.00% -3%

Highest Sold Price $2,849,999 $4,945,050 $7,930,000 $18,952,500 139%

Lowest Sold Price $2,849,999 $563,000 $4,249,109 $18,952,500 346%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 15 20 28 25 -11%

Sold Dollar Volume $5,589,450 $11,039,898 $12,721,240 $12,323,500 -3%

For Sale at End of Quarter 69 72 81 85 5%

Average Months Supply of Inventory 11.5 24.0 9.0 7.1 -21%

Average Days on Market 195 51 91 154 69%

Average List Price $396,900 $578,770 $466,992 $509,100 9%

Average Sale Price $372,630 $551,995 $454,330 $492,940 8%

Median Sale Price $330,000 $376,250 $395,500 $415,000 5%

Average List Price/Square Feet $317 $414 $463 $495 7%

Average Sold Price/Square Feet $297 $397 $453 $477 5%

Average Sold Price/Original List Price 93.89% 95.37% 97.29% 96.83% 0%

Highest Sold Price $910,000 $1,710,000 $1,295,000 $985,000 -24%

Lowest Sold Price $92,000 $100,000 $93,500 $202,500 117%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 2 3 3 7 133%

Sold Dollar Volume $1,800,000 $3,636,000 $6,095,000 $17,657,500 190%

For Sale at End of Quarter 34 34 22 19 -14%

Average Months Supply of Inventory 0.0 34.0 22.0 9.5 -57%

Average Days on Market 998 1055 316 164 -48%

Average List Price $1,072,500 $1,262,000 $2,193,333 $3,039,286 39%

Average Sale Price $900,000 $1,212,000 $2,031,667 $2,522,500 24%

Median Sale Price $900,000 $1,196,000 $1,700,000 $2,600,000 53%

Average Sold Price/Original List Price 83.92% 96.04% 92.63% 83.00% -10%

Highest Sold Price $900,000 $1,390,000 $2,895,000 $4,400,000 52%

Lowest Sold Price $900,000 $1,050,000 $1,500,000 $1,600,000 7%

Page 27: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 10 14 8 7 -13%

Sold Dollar Volume $5,805,400 $9,722,200 $4,863,000 $7,754,268 59%

For Sale at End of Quarter 5 12 8 12 50%

Average Months Supply of Inventory 2.5 4.0 4.0 6.0 50%

Average Days on Market 60 45 56 95 70%

Average List Price $623,340 $738,493 $630,188 $1,149,286 82%

Average Sale Price $580,540 $694,443 $607,875 $1,107,753 82%

Median Sale Price $445,000 $535,000 $569,000 $655,000 15%

Average List Price/Square Feet $182 $197 $190 $267 41%

Average Sold Price/Square Feet $173 $187 $184 $257 40%

Average Sold Price/Original List Price 93.13% 94.04% 96.46% 96.39% 0%

Highest Sold Price $1,250,000 $2,100,000 $860,000 $2,587,000 201%

Lowest Sold Price $315,000 $225,000 $355,000 $567,500 60%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 0 1 1 0 -100%

Sold Dollar Volume $0 $112,000 $500,000 $0 -100%

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 0 188 113 0 -100%

Average List Price $0 $128,000 $600,000 $0 -100%

Average Sale Price $0 $112,000 $500,000 $0 -100%

Median Sale Price $0 $112,000 $500,000 $0 -100%

Average Sold Price/Original List Price 0.00% 87.50% 83.33% 0.00% -100%

Highest Sold Price $0 $112,000 $500,000 $0 -100%

Lowest Sold Price $0 $112,000 $500,000 $0 -100%

Page 28: Greater Park City Area Market Update | Q4 2015

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 includ-ing 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 24 27 39 43 10%

Sold Dollar Volume $7,832,029 $9,331,850 $17,273,002 $26,190,565 52%

For Sale at End of Quarter 79 98 76 83 9%

Average Months Supply of Inventory 9.9 16.3 5.8 6.4 10%

Average Days on Market 134 192 77 108 40%

Average List Price $338,054 $360,448 $458,474 $627,021 37%

Average Sale Price $326,335 $345,624 $442,897 $609,083 38%

Median Sale Price $220,500 $263,500 $295,000 $432,415 47%

Average List Price/Square Feet $111 $125 $154 $169 10%

Average Sold Price/Square Feet $107 $118 $150 $165 10%

Average Sold Price/Original List Price 96.53% 95.89% 96.60% 97.14% 1%

Highest Sold Price $1,000,000 $1,200,000 $2,400,000 $4,100,000 71%

Lowest Sold Price $87,500 $75,000 $85,000 $195,000 129%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 18 23 33 45 36%

Sold Dollar Volume $5,095,250 $5,460,750 $7,512,250 $13,832,278 84%

For Sale at End of Quarter 78 74 77 97 26%

Average Months Supply of Inventory 8.7 12.3 3.5 4.0 14%

Average Days on Market 50 170 81 93 15%

Average List Price $309,667 $256,187 $244,780 $344,622 41%

Average Sale Price $283,069 $237,424 $227,644 $307,384 35%

Median Sale Price $265,000 $250,000 $225,000 $265,000 18%

Average Sold Price/Original List Price 91.41% 92.68% 93.00% 89.19% -4%

Highest Sold Price $705,000 $450,000 $505,000 $1,850,000 266%

Lowest Sold Price $150,000 $60,000 $56,000 $90,000 61%

Page 29: Greater Park City Area Market Update | Q4 2015

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 sev-eral 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 20 24 16 22 38%

Sold Dollar Volume $7,749,400 $9,719,067 $6,764,921 $9,842,872 45%

For Sale at End of Quarter 52 51 40 34 -15%

Average Months Supply of Inventory 5.8 6.4 10.0 6.8 -32%

Average Days on Market 196 72 80 128 60%

Average List Price $404,726 $416,211 $437,143 $459,260 5%

Average Sale Price $387,470 $404,961 $422,808 $447,403 6%

Median Sale Price $390,000 $385,000 $403,811 $431,000 7%

Average List Price/Square Feet $128 $147 $157 $155 -1%

Average Sold Price/Square Feet $123 $143 $152 $150 -1%

Average Sold Price/Original List Price 95.74% 97.30% 96.72% 97.42% 1%

Highest Sold Price $840,000 $642,000 $829,000 $1,146,000 38%

Lowest Sold Price $137,500 $186,000 $179,000 $129,000 -28%

CONDOS Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 1 3 5 6 20%

Sold Dollar Volume $460,500 $539,900 $1,087,000 $1,746,762 61%

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 67 67 65 78 20%

Average List Price $479,000 $182,133 $224,980 $306,967 36%

Average Sale Price $460,500 $179,967 $217,400 $291,127 34%

Median Sale Price $460,500 $185,000 $205,000 $249,700 22%

Average List Price/Square Feet $173 $144 $135 $149 10%

Average Sold Price/Square Feet $166 $142 $131 $142 8%

Average Sold Price/Original List Price 96.14% 98.81% 96.63% 94.84% -2%

Highest Sold Price $460,500 $199,900 $310,000 $506,512 63%

Lowest Sold Price $460,500 $155,000 $150,000 $182,500 22%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 7 4 7 8 14%

Sold Dollar Volume $3,081,100 $473,000 $876,867 $1,903,050 117%

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 392 42 84 437 420%

Average List Price $464,557 $132,963 $132,052 $251,725 91%

Average Sale Price $440,157 $118,250 $125,267 $237,881 90%

Median Sale Price $115,000 $128,000 $125,367 $205,500 64%

Average Sold Price/Original List Price 94.75% 88.93% 94.86% 94.50% 0%

Highest Sold Price $2,375,000 $185,000 $275,000 $490,000 78%

Lowest Sold Price $33,000 $32,000 $20,000 $104,000 420%

Page 30: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 10 14 8 7 -13%

Sold Dollar Volume $5,805,400 $9,722,200 $4,863,000 $7,754,268 59%

For Sale at End of Quarter 5 12 8 12 50%

Average Months Supply of Inventory 2.5 4.0 4.0 6.0 50%

Average Days on Market 60 45 56 95 70%

Average List Price $623,340 $738,493 $630,188 $1,149,286 82%

Average Sale Price $580,540 $694,443 $607,875 $1,107,753 82%

Median Sale Price $445,000 $535,000 $569,000 $655,000 15%

Average List Price/Square Feet $182 $197 $190 $267 41%

Average Sold Price/Square Feet $173 $187 $184 $257 40%

Average Sold Price/Original List Price 93.13% 94.04% 96.46% 96.39% 0%

Highest Sold Price $1,250,000 $2,100,000 $860,000 $2,587,000 201%

Lowest Sold Price $315,000 $225,000 $355,000 $567,500 60%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 0 4 5 6 20%

Sold Dollar Volume $0 $112,000 $149,400 $209,600 40%

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 0 102 153 322 110%

Average List Price $0 $32,200 $34,260 $37,912 11%

Average Sale Price $0 $28,000 $29,880 $34,933 17%

Median Sale Price $0 $24,000 $25,000 $16,550 -34%

Average Sold Price/Original List Price 0.00% 86.96% 87.22% 92.14% 6%

Highest Sold Price $0 $41,000 $48,000 $107,500 124%

Lowest Sold Price $0 $23,000 $16,900 $6,500 -62%

Page 31: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 4 7 10 5 -50%

Sold Dollar Volume $769,020 $2,655,500 $3,940,400 $1,337,725 -66%

For Sale at End of Quarter 13 20 11 13 18%

Average Months Supply of Inventory 4.3 10.0 3.7 6.5 76%

Average Days on Market 78 75 170 207 22%

Average List Price $200,750 $392,786 $401,270 $284,400 -29%

Average Sale Price $192,255 $379,357 $394,040 $267,545 -32%

Median Sale Price $161,500 $369,000 $268,200 $274,000 2%

Average List Price/Square Feet $164 $156 $175 $137 -22%

Average Sold Price/Square Feet $151 $149 $171 $131 -23%

Average Sold Price/Original List Price 95.77% 96.58% 98.20% 94.07% -4%

Highest Sold Price $325,000 $852,500 $675,000 $425,000 -37%

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

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 7 1 4 8 100%

Sold Dollar Volume $825,543 $86,500 $517,500 $960,400 86%

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 144 385 406 233 -43%

Average List Price $126,850 $97,000 $131,875 $126,375 -4%

Average Sale Price $117,935 $86,500 $129,375 $120,050 -7%

Median Sale Price $95,000 $86,500 $125,000 $85,700 -31%

Average Sold Price/Original List Price 92.97% 89.18% 98.10% 95.00% -3%

Highest Sold Price $261,155 $86,500 $180,000 $289,000 61%

Lowest Sold Price $35,000 $86,500 $87,500 $45,000 -49%

Page 32: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 10 6 8 12 50%

Sold Dollar Volume $21,719,750 $1,890,730 $12,199,500 $8,252,610 -32%

For Sale at End of Quarter 24 35 35 30 -14%

Average Months Supply of Inventory 4.8 11.7 17.5 10.0 -43%

Average Days on Market 384 121 144 137 -5%

Average List Price $3,096,800 $322,300 $1,609,613 $736,067 -54%

Average Sale Price $2,171,975 $315,122 $1,524,938 $687,718 -55%

Median Sale Price $210,000 $212,915 $350,000 $391,500 12%

Average List Price/Square Feet $383 $139 $244 $206 -16%

Average Sold Price/Square Feet $309 $137 $229 $193 -16%

Average Sold Price/Original List Price 70.14% 97.77% 94.74% 93.43% -1%

Highest Sold Price $16,000,000 $775,000 $9,452,500 $2,207,500 -77%

Lowest Sold Price $73,000 $149,900 $184,000 $157,000 -15%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 0 2 0 4 400%

Sold Dollar Volume $0 $33,250 $0 $519,000 51900000%

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 0 117 0 292 29200%

Average List Price $0 $18,750 $0 $178,375 17837500%

Average Sale Price $0 $16,625 $0 $129,750 12975000%

Median Sale Price $0 $16,625 $0 $107,000 10700000%

Average Sold Price/Original List Price 0.00% 88.67% 0.00% 72.74% 73%

Highest Sold Price $0 $17,000 $0 $275,000 27500000%

Lowest Sold Price $0 $16,250 $0 $30,000 3000000%

Page 33: Greater Park City Area Market Update | Q4 2015

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 gat-ed 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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 5 6 13 4 -69%

Sold Dollar Volume $3,209,750 $2,531,000 $4,395,379 $1,684,500 -62%

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 140 198 126 52 -59%

Average List Price $710,500 $440,633 $354,354 $434,000 22%

Average Sale Price $641,950 $421,833 $338,106 $421,125 25%

Median Sale Price $376,000 $435,000 $325,000 $387,250 19%

Average List Price/Square Feet $220 $94 $144 $166 15%

Average Sold Price/Square Feet $199 $90 $138 $162 17%

Average Sold Price/Original List Price 90.35% 95.73% 95.41% 97.03% 2%

Highest Sold Price $1,750,000 $475,000 $519,000 $650,000 25%

Lowest Sold Price $265,750 $355,000 $194,800 $260,000 33%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 0 4 5 1 -80%

Sold Dollar Volume $0 $1,864,050 $4,005,600 $60,000 -99%

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 0 724 324 76 -77%

Average List Price $0 $491,000 $895,600 $62,000 -93%

Average Sale Price $0 $466,013 $801,120 $60,000 -93%

Median Sale Price $0 $418,525 $966,600 $60,000 -94%

Average Sold Price/Original List Price 0.00% 94.91% 89.45% 96.77% 8%

Highest Sold Price $0 $965,000 $1,600,000 $60,000 -96%

Lowest Sold Price $0 $62,000 $75,000 $60,000 -20%

Page 34: Greater Park City Area Market Update | Q4 2015

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 Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 8 11 10 12 20%

Sold Dollar Volume $2,184,150 $3,713,500 $3,142,800 $5,349,780 70%

For Sale at End of Quarter 43 41 38 18 -53%

Average Months Supply of Inventory 43.0 41.0 12.7 3.6 -72%

Average Days on Market 361 112 109 77 -29%

Average List Price $309,550 $358,436 $325,080 $473,140 46%

Average Sale Price $273,019 $337,591 $314,280 $445,815 42%

Median Sale Price $247,825 $275,000 $256,000 $210,440 -18%

Average List Price/Square Feet $146 $154 $170 $154 -9%

Average Sold Price/Square Feet $131 $145 $165 $148 -10%

Average Sold Price/Original List Price 88.20% 94.18% 96.68% 94.22% -3%

Highest Sold Price $535,000 $749,000 $737,000 $2,500,000 239%

Lowest Sold Price $140,000 $139,000 $200,500 $99,000 -51%

VACANT LAND Q4 2012 Q4 2013 Q4 2014 Q4 2015 Q4 2015 vs Q4 2014

Units Sold 3 5 8 20 150%

Sold Dollar Volume $63,800 $455,000 $564,500 $1,455,500 158%

For Sale at End of Quarter 63 80 84 63 -25%

Average Months Supply of Inventory 0.0 80.0 42.0 7.9 -81%

Average Days on Market 127 374 305 192 -37%

Average List Price $29,900 $102,060 $77,025 $84,455 10%

Average Sale Price $21,267 $91,000 $70,563 $72,775 3%

Median Sale Price $19,900 $30,000 $54,750 $55,500 1%

Average Sold Price/Original List Price 71.13% 89.16% 91.61% 86.17% -6%

Highest Sold Price $29,900 $200,000 $150,000 $315,000 110%

Lowest Sold Price $14,000 $30,000 $13,500 $20,000 48%

Page 35: Greater Park City Area Market Update | Q4 2015
Page 36: Greater Park City Area Market Update | Q4 2015

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