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 Price $220,708
Average Sq. Ft. 2,492
Price Per Sq. Feet $88
Days on Market 129

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 price per square foot fell to $87.81.

While we are seeing stronger Salt Lake home sales, year on year prices are still dropping, even if at a lower rate than declines seen over the past few years. In fact since Feb this year, prices have remained around the same level, which continue to provide some reassurances that we may have seen the worst of the housing market.

Total Sales 849
Average Sale Price $216,163
Average Sq. Ft. 2,438
Price Per Sq. Feet $88
Days on Market 121

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 to sell a home continued its downward trend falling to 116 days, the best level seen since May 2010.

With Salt Lake home sales up, and prices over the last several months appearing to stabilize, there are some signs we are starting to see the bottom on the market. Having said that only time will tell if this is the bottom, or just a pause on the way down.

Total Sales 971
Average Sale Price $216,563.16
Average Sq. Ft. 2,411
Price Per Sq. Feet $89
Days on Market 116

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 last month. The average time taken to sell a home was 118 days, which is an improvement from the 123 days seen last year.

Total Sales 971
Average Sale Price $223,043.90
Average Sq. Ft. 2,442
Price Per Sq. Feet $91
Days on Market 118

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 last month. The other positive data was the Average Days on Market (amount of time it takes to sell a home), which dropped to 81, the lowest level seen since Mar 2010.

Helping to boost home sales this summer was a rebound in Utah’s job market, which over the past 12 months has added 30,000 new jobs, a nearly 3 percent increase, according to the Utah Department of Workforce Services.

More jobs means more people able / wanting to buy a home.

Total Sales 1,086
Average List Price $226,218
Average Sale Price $219,684
Sale Vs List 97%
Average Sq. Ft. 2,479
Price Per Sq. Feet $89
Days on Market 81

You can read this post about Salt Lake County August 2011 Housing Sales and other posts on my real estate blog.

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 slight increase going from $187,000 to $189,900. The number of homes sold was the best we have seen for a full year and the average time taken to sell a property (84 days) also dropped to the lowest level for a year.

Time will tell if this is truly a bottom, or just a breather on the way down.

2nd Quarter 2011
Median Home Price: $189,900
Homes Sold: 3034
Avg. Days on Market: 84

1st Quarter 2011
Median Home Price: $187,000
Homes Sold: 2168
Avg. Days on Market: 95

4th Quarter 2010
Median Home Price: $200,000
Homes Sold: 2324
Avg. Days on Market: 90

3rd Quarter 2010
Median Home Price: $219,925
Homes Sold: 2245
Avg. Days on Market: 88

2nd Quarter 2010
Median Home Price: $208,000
Homes Sold: 3500
Avg. Days on Market: 82

You can read this Salt Lake Homes Sales Data for the Second Quarter 2011 post on my real estate blog.

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 2,455 square ft. The average price per square foot increased from $89 to $90. Average number of days it took to sell a home decreased from 92 to 88.

All in all this is the best data I have seen for some time, with most of the indicators going in the right direction. Hopefully this is a sign of something positive rather than just a blip.

Total Sales 2455
Average List Price $226,643
Average Sale Price $219,720
Sale Vs List 97%
Average Sq. Ft. 2,455
Price Per Sq. Feet $90
Days on Market 88

You can read this post about Salt Lake County April 2011 Housing Sales and other posts on my real estate blog.

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: $234,338
Average Days on Market: 91
Homes Sold: 1787

First Quarter 2010
Median Home Price: $218,500
Average Home Price: $260,761
Average Days on Market: 81
Homes Sold: 1800

Salt Lake County Condo Sales

First Quarter 2011
Median Home Price: $150,000
Average Home Price: $162,225
Average Days on Market: 112
Homes Sold: 355

First Quarter 2010
Median Home Price: $164,000
Average Home Price: $179,914
Average Days on Market: 95
Homes Sold: 378

Utah County Single Family Home Sales

First Quarter 2011
Median Home Price: $192,000
Average Home Price: $220,385
Average Days on Market: 109
Homes Sold: 908

First Quarter 2010
Median Home Price: $215,750
Average Home Price: $249,562
Average Days on Market: 102
Homes Sold: 844

Utah County Condo Sales

First Quarter 2011
Median Home Price: $134,000
Average Home Price: $141,635
Average Days on Market: 122
Homes Sold: 172

First Quarter 2010
Median Home Price: $145,900
Average Home Price: $152,458
Average Days on Market: 87
Homes Sold: 198

Davis County Single Family Home Sales

First Quarter 2011
Median Home Price: $195,000
Average Home Price: $213,393
Average Days on Market: 91
Homes Sold: 506

First Quarter 2010
Median Home Price: $210,000
Average Home Price: $236,286
Average Days on Market: 83
Homes Sold: 575

Davis County Condo Sales

First Quarter 2011
Median Home Price: $150,750
Average Home Price: $152,670
Average Days on Market: 119
Homes Sold: 59

First Quarter 2010
Median Home Price: $165,250
Average Home Price: $164,502
Average Days on Market: 85
Homes Sold: 83

You can see detailed Salt Lake County median home price information for all zip codes in Salt Lake County on my Best Salt Lake Homes website. You can also view information about Davis County Home Prices and Utah County Home Prices.

You can read this post about 2011 First Quarter Salt Lake Home Prices and other posts on my real estate blog.

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. The average days on market (number of days it takes to sell a Salt Lake County home) stayed steady at 96.

Total Sales 626
Average List Price $220,927
Average Sale Price $214,125
Sale Vs List 97%
Average Sq. Ft. 2,426
Price Per Sq. Feet $88
Days on Market 96

You can read this post about Salt Lake County Housing Market Stats and other posts on my real estate blog.

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. One discouraging stat was the decline of the average price per square foot, which dropped to $94, the lowest seen since August 2005.

Total Sales 727
Average List Price $249,814
Average Sale Price $242,628
Sale Vs List 97%
Average Sq. Ft. 2,577
Price Per Sq. Feet $94
Days on Market 90

You can read this post about Salt Lake County Home Prices and other posts on my real estate blog.