Average Home Prices
Homes prices for Salt Lake County actually increased for the second month in a row. The median home price for April 2011 was $219,720 a small increase of 0.7%, and maybe a sign that prices have at least stabilized. Year on year prices fell 6.56%. There were 914 homes sold with an average size of [...]
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The Salt Lake housing market remained depressed in the first quarter 2011. The Salt Lake County home prices dropped 9.66% over the last 12 months, with the new median sales price for all types of home being $187,000. Salt Lake County Single Family Home Sales First Quarter 2011 Median Home Price: $200,000 Average Home Price: [...]
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August 2010 home sales remained weak in the Salt Lake County area. While the number of Salt Lake County homes sold saw a tick up from July, it was considerably lower than Aug 2009 going from 1031 to just 764. Another concerning sign was the average number of days taken to sell a home, which [...]
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October home sales in Salt Lake County saw a sharp increase compared to the same time last year. There were 1002 homes sold which was a 17.74% increase over October 2008 and a 6.26% increase over September 2009. The average sale price went up 0.4% to $239,924 compared to September 2009. The price per square [...]
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Home sales for Salt Lake County in August 2009 were flat compared to July. The average home price fell slightly to $255,375 (from $257,186), but the average size also fell to 2,479 square ft, which meant that the average price per square ft. actually rose slightly to $103. The number of homes sold dipped below [...]
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The real estate industry standard for determining how a market is performing is the median home price or in some places the average home price. You hear it everywhere, median home price falls in first quarter, median home price for Salt Lake City is… But is the median home price a true indicator of how [...]
Home prices for the first quarter 2008 are out, Salt Lake Home Prices. For the first time in a long time, more zip codes went down in value than increased in value. The average home price for Salt Lake County is now $287,119, which is a 0.33% increase from last years average home price of [...]
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