Home Prices
Home prices in Salt Lake County, Utah County, Tooele County and Davis County struggled in the third quarter 2008. The depressed real estate market continued to struggle under the weight of an ailing U.S. economy and tighter lending requirements.
Single-family Salt Lake County home prices declined 3.75% in the third quarter, with the median home [...]
Continue reading about Home Price Data for the Third Quarter 2008
After several months of increased home sales, Salt Lake County suffered a drop in the number of homes sold in July 2008. There were 968 homes sold in July, down from 1113 in June. While this may seem like bad news, it must be remembered that July is traditionally a slower month, in fact the [...]
Continue reading about Salt Lake County July 2008 Home Sales
Home sales data for the second quarter 2008 is now available. The median single-family Salt Lake County home price was $249,000, which when compared to the same quarter in 2007 ($255,000) is a 2.41% drop. Condominium prices also saw a small drop in price going from $173,950 to $172,600. The prices are coming under pressure [...]
Continue reading about Wasatch Front 2nd Quarter 2008 Home Prices
The number of single family homes sold in Salt Lake County increased for the fourth-straight month. There were 835 homes sold in May, which was an increase of 4.11% over April’s numbers. While the numbers are still way down on last years numbers (in fact year to date they are 37% lower), at least [...]
Continue reading about Salt Lake County Homes Sold Increase for the Fourth Straight Month
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 [...]
Continue reading about Salt Lake First Quarter 2008 Home Prices
While places like California and Florida saw their home prices decline over the last year, Utah was a different story. Home prices for the fourth quarter 2007 went up 9.27% compared to the same quarter in 2006, which was the largest increase in all 50 states. What’s more, that was the fifth consecutive quarter Utah [...]
Continue reading about Utah Leads Nation In House Price Appreciation
I have updated our Salt Lake new homes map to incorporate the latest developments and pricing information. This interactive map uses Google Maps functionality to show the location and prices for the major new home builders and developments in Salt Lake County, Davis County, and Utah County. New home prices across the Salt Lake Valley [...]
Continue reading about Salt Lake Valley New Home Developments
The median annual home price information for 2007 is now available at Salt Lake County Home Prices , Utah County Home Prices , and Davis County Home Prices. Home prices went up in the vast majority of zip codes in all 3 counties, but not at the same pace as 2006.
Here is an interesting article in the Utah Business Magazine on why Utah real estate may not suffer the same as Florida, California and most of the rest of the country. It explains that we are now in more of a balanced market with home prices still increasing, and that the strong economic growth is helping [...]
Continue reading about Article in Utah Business Magazine on Utah Real Estate Market
The 2nd quarter 2007 home prices are now available for Salt Lake County, Utah County and Davis County. On the surface everything looks OK with the vast majority of zip codes seeing their home prices showing double digit increases compared to prices in the 2nd quarter 2006.
That is until the look at the underlying data. Take the [...]
Continue reading about Transitional Salt Lake Housing Market