Home Prices
While the number of homes sold increased 10.99% from Jan to Feb, home prices continue to struggle in the Salt Lake County housing market. The average sales price dropped from $243,717 to $214,125 over the last 12 months, and the average price per square foot dropped below $90 for the first time since April 2005. [...]
Continue reading about February 2011 Salt Lake County Housing Market Stats
The 2010 median home price for a single family home in Salt Lake County declined 5.91% to $220,000. While most areas declined in value, a few of the areas, especially those in the more expensive neighborhoods actually saw their median home prices increase. The zip code that performed the best was 84020 (Draper), which returned [...]
Continue reading about 2010 Annual Salt Lake County Home Prices
November 2010 saw a total of 727 homes sold in Salt Lake County. This was a slight increase of 0.41% over the previous month but a large drop of 35.09% compared to the previous year. On the bright side the average sales price saw a modest increase of 4.18% to $242,628 compared to November 2009. [...]
Continue reading about November 2010 Salt Lake County Home Sales
There were 707 Salt Lake County homes sold in October 2010, which was a decline of 35% compared to the same month in 2009. The average sales price was $245,341, an increase of 2.81% year on year, but a drop of 5.2% compared to last month. Some of the month on month price drop could [...]
Continue reading about October 2010 Salt Lake County Market Summary
While there are early signs of a housing market recovery, in the whole Salt Lake County yet again remained sluggish at best, with home prices continuing to come under pressure. Single Family Housing Stats Third Quarter 2010 Number of Homes Sold : 1902 Median Price : $229,900 Days On Market : 85 Third Quarter 2009 [...]
Continue reading about Salt Lake County 3rd Quarter 2010 Housing Sales
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 [...]
Continue reading about August 2010 Salt Lake County Home Sales
After four straight months where we have seen home sales top the 1,000 mark, they dropped back down to earth with a bump in July. Just like expected, the expiration of the home buyers tax credit resulted in a drop in home sales, with just 693 homes sold, the lowest number since February. Looking at [...]
Continue reading about July 2010 Salt Lake County Home Prices
While the number of homes sold increased sharply in the 2nd quarter 2010, prices continued to come under pressure. The number of single family homes sold increased 7.98% to 2746 compared to the same quarter last year, while at the same time the median home price fell 7.13% to $220,000. The bright spot in the [...]
Continue reading about Second Quarter 2010 Salt Lake County Home Prices
Just like we expected April saw a jump in Salt Lake County home sales, rising over 29% from April’s 2010 figures to 1,122. While the average home price fell 6.12% in the last 12 months, compared to March 2010 prices actually increased slightly going up 1.52% to $236,522. The price per square foot also tickup [...]
Continue reading about April 2010 Salt Lake County Home Prices
March was a little bit of a mixed bag when it comes to Salt Lake County home sales. On the bright side the month on month days on market (average time taken to sell a home) decreased from 87 to 80, number of homes sold increased 30.09% year on year and over 51% month on [...]
Continue reading about March 2010 Salt Lake County Home Prices
