Real Estate Markets
Month on month average sales prices for Salt Lake County real estate ticked up in December 2011. The average sale price was $220,708, up from $216,413 in November. Compared to Dec. 2011 prices declined 4.25%. The number homes sold hit a 4 year high for December, with 897 homes sold. Total Sales 849 Average Sale [...]
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The average sales price for a home in Salt Lake County was $216,163 in November 2011. This was a drop of 0.26% compared to last month and 10.84% compared to November 2010. Despite November being a seasonally slow time of year, there were 849 homes sold, an increase of 13.05% from last year. The average [...]
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Salt Lake County home sales rose sharply in October 2011, with 971 homes sold compared to 737 in October 2010. While the number of sales was well up, the average sale price continued to struggle, dropping from $243,588.63 to $216,563.16 in the last 12 months. Homes were selling faster; the number of days it took [...]
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A recent article in the Builder Magazine predicts a bright 2012 for the Salt Lake City Housing Market. They teamed up with Hanley Wood Market Intelligence to produce their list of healthiest housing markets in the United States. The list was compiled using various criteria including the local employment market, population growth, and income growth. [...]
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September 2011 was another decent month for Salt Lake Utah Home Sales. While the number of homes sold dipped below the 1,000 mark, the 971 homes sold was still nearly 25% more than the same time last year. The average sales price was $223,043, down 14% from last year, but up from the $219,678 seen [...]
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There were some good pointers in the latest Salt Lake County housing sales data for August 2011. First of all the number of homes sold topped the 1000 mark for the forth month in a row. There were 1,086 homes sold, that’s an increase of 38.52% from Aug 2010, and an increase of 7.12% from [...]
Continue reading about Salt Lake County Home Sales Data August 2011
Salt Lake Homes sales data for Salt Lake County showed some of the most positive signs of recovery we have seen for some years now. While year on year prices for Single Family Homes and Condos declined from $208,000 to $189,900, compared to the last quarter prices actually seemed to stabilize, and even showed a [...]
Continue reading about Salt Lake Home Sales Data for the Second Quarter 2011
Salt Lake was recently named 7th in the top 10 markets for real estate investors. The top 10 cities were: 1. Indianapolis-Carmel, Ind. 2. Winchester, Va.-W.Va. 3. Gainesville, Fla. 4. Tucson, Ariz. 5. Tallahassee, Fla. 6. Hagerstown-Martinsburg, Md.-W.Va. 7. Salt Lake City, Ut 8. Richmond, Va.; 9. Gainesville, Ga. 10. Winston-Salem, N.C. The study by [...]
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With the recent economic downturn there’s been a lot of fear and concern regarding the housing market. Well, I’m here to tell you real estate in Logan Utah is weathering the storm quite nicely. Like many markets in Utah, home sales have declined in Logan, but considerably less than most other Utah markets. With a [...]
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The number of foreclosed homes being bought and sold in Utah is falling significantly, a new RealtyTrac report indicated. In Utah, foreclosed homes accounted for just over 20 percent homes sold during the third quarter, with the avarage sales prices of properties that sold while in some stage of foreclosure was 3 percent below the [...]
Continue reading about Foreclosure Rate in Utah Falls for Second Quarter
