Salt Lake County

Mark on November 29th, 2010

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

Mark on August 18th, 2010

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

Mark on July 26th, 2010

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 [...]

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Mark on March 23rd, 2010

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 [...]

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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 [...]

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Mark on October 14th, 2009

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

Mark on September 10th, 2009

Home sales for Salt Lake County in August 2009 were flat compared to July. The average home price fell slightly to $255,375 (from $257,186), but the average size also fell to 2,479 square ft, which meant that the average price per square ft. actually rose slightly to $103. The number of homes sold dipped below [...]

Continue reading about Home Sales for Salt Lake County August 2009

Mark on August 18th, 2009

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

Mark on June 12th, 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

Mark on June 5th, 2009

Ivory homes are building a new over 55’s community located in South Jordan’s Daybreak development. The community just like Daybreak itself will be big, in fact when finished it will be the largest Active Adult Community in Utah. Garden Park will feature approximately 200 single level living homes, and will have its own facilities including [...]

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