Home Sales
For the second month running, the number of homes sold in Salt Lake County exceeded 1000. There were a total of 1081 homes sold which was slightly down on last months figure, but is still an healthy sign of an improving real estate market. The average sales price and price per square feet was also [...]
Continue reading about July 2009 Home Prices for Salt Lake County Utah
For the first time since November 2008, there were more than 1,000 homes sold in Salt Lake County. June saw 1,191 homes sold, for an average sales price of $261,218. While the average sales price was slightly down on the previous month, the price per square ft. increased to $105, the highest level seen since [...]
Continue reading about Salt Lake County Home Sales for June 2009
May 2009 saw the number of homes sales in Salt Lake County go up for the forth straight month. There were 960 homes sold in May, compared to 850 in April. Another good sign was that the price per square foot increased for the second month in a row, and now stands at $102 per [...]
Continue reading about Salt Lake County Homes Sales for May 2009
The number of homes sold in Salt Lake County continued to climb in March 2009, with 713 homes sold, up from the 585 sold in the previous month. While these month on month increases are an encouraging sign, homes prices continue to fall, with the price per square foot falling into double digits for the [...]
Continue reading about Salt Lake County March Home Sales Up for Third Straight Month
We recently had an appraisal done on an existing home in a subdivision that still has new homes being constructed. When speaking to the appraiser, I mentioned that the builder had a recent sale of exactly the same model of home in the same subdivision that was not on the MLS. In [...]
Continue reading about Appraisers No Longer Using HUD-1 Settlement Statements?
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
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
The latest home price information for Salt Lake County, Utah County and Davis County are now available. Many areas are still seeing double digit growth, especially those areas that were less expensive. The more expensive areas days on market do seem to be increases but all in all it is still a great market. More [...]
NAR just released pending existing home sales data for Feb, http://www.realtor.org/rmodaily.nsf/pages/News2007040301 Home sales were up 0.7% which while not the greatest increase ever seen is a step in the right direction. NAR claims it would have been better but poor weather dampened sales. The question is when will the sub-prime fiasco impact these figures and how bad [...]
Continue reading about Pending existing home sales for feb 07