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
While home sales in February did not exactly set the world on fire, there was further evidence that the Salt Lake County housing market is stabilizing. The number of home sales was not great, but was still a 3.84% gain over those seen in Feb 2008. The average time taken to sell a home remained [...]
Continue reading about Feb 2010 Salt Lake County Home Prices
December saw the median home price rise to the highest level seen since January 2009. The new median home price of $264,398 was a 6.27% increase over Novembers price, and is further evidence that the worst of the housing market may well be behind us. The number of homes sold did decrease month on month, [...]
Continue reading about January 2009 Sees Rise in Salt Lake County’s Median Home Price
Only one of the 32 zip codes in Salt Lake County experienced single family home price appreciation in 2009. The Holladay zip code of 84117 increased its single family home median home price 3.32%. The fact that Holladay is one Salt Lake’s more desirable areas is no accident. Areas such as this, The Avenues and [...]
Continue reading about 2009 Annual Home Prices for Salt Lake County
The home sales data for December 2009 saw a mixed bag of results. On the bright side Salt Lake County sales rose 15.86% year on year, and the average home sales price hit the highest level since August 2009, at just under $250,000.
On the other hand the price per square ft. dropped below $100 [...]
Continue reading about Salt Lake County See Tick Up In Home Prices For December 2009
Salt Lake County saw the number of homes sold in November 2009 rise sharply to 1041, a gain of over 74% compared to the same time last year. Fueled by first time home buyer tax credit, Salt Lake County experienced the largest number of November home sales for three years.
Month on month the housing [...]
Continue reading about Salt Lake County Home Sales Increase 74% in November 2009
October home sales in Salt Lake County saw a sharp increase compared to the same time last year. There were 1002 homes sold which was a 17.74% increase over October 2008 and a 6.26% increase over September 2009. The average sale price went up 0.4% to $239,924 compared to September 2009. The price per [...]
Continue reading about October 2009 Salt Lake County Home Prices
September home sales in Salt Lake County returned a mixed bag. While the average sales price dropped to just over $240,000, the price per square foot actually increased to $104. This implies people are buying smaller homes, in fact the average sized home dropped to 2,307 sq. ft., its lowest level since September 2008. The [...]
Continue reading about Salt Lake County September 2009 Home Sales