Home Prices

Mark on January 24th, 2012

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 [...]

Continue reading about December 2011 Salt Lake Real Estate Market Update

Mark on December 19th, 2011

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 [...]

Continue reading about Nov. 2011 Salt Lake Housing Market Update

Mark on November 26th, 2011

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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Mark on November 1st, 2011

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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Mark on September 27th, 2011

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

Mark on August 26th, 2011

There was some encouraging Salt Lake County home sales data for July 2011, with the number of homes sold rising over 34% year on year, increasing from 744 to 1,002. While the number of Salt Lake UT Homes sold was up, home prices over the last year were down 14% with the average sales price [...]

Continue reading about Salt Lake County Home Sales Up Sharply in July 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

Mark on May 19th, 2011

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 [...]

Continue reading about April 2011 Homes Sales Data for Salt Lake County

Mark on April 29th, 2011

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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