Salt Lake Housing Market
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 [...]
Continue reading about December 2011 Salt Lake Real Estate Market Update
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 [...]
Continue reading about Nov. 2011 Salt Lake Housing Market Update
A recent article in the Builder Magazine predicts a bright 2012 for the Salt Lake City Housing Market. They teamed up with Hanley Wood Market Intelligence to produce their list of healthiest housing markets in the United States. The list was compiled using various criteria including the local employment market, population growth, and income growth. [...]
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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 [...]
Continue reading about Salt Lake County Home Sales Data August 2011
There was some encouraging Salt Lake County home sales data for July 2011, with the number of homes sold rising over 34% year on year, increasing from 744 to 1,002. While the number of Salt Lake UT Homes sold was up, home prices over the last year were down 14% with the average sales price [...]
Continue reading about Salt Lake County Home Sales Up Sharply in July 2011
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 [...]
Continue reading about Salt Lake Home Sales Data for the Second Quarter 2011
Salt Lake was recently named 7th in the top 10 markets for real estate investors. The top 10 cities were: 1. Indianapolis-Carmel, Ind. 2. Winchester, Va.-W.Va. 3. Gainesville, Fla. 4. Tucson, Ariz. 5. Tallahassee, Fla. 6. Hagerstown-Martinsburg, Md.-W.Va. 7. Salt Lake City, Ut 8. Richmond, Va.; 9. Gainesville, Ga. 10. Winston-Salem, N.C. The study by [...]
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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 [...]
Continue reading about April 2011 Homes Sales Data for Salt Lake County
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. [...]
Continue reading about February 2011 Salt Lake County Housing Market Stats
The 2010 median home price for a single family home in Salt Lake County declined 5.91% to $220,000. While most areas declined in value, a few of the areas, especially those in the more expensive neighborhoods actually saw their median home prices increase. The zip code that performed the best was 84020 (Draper), which returned [...]
Continue reading about 2010 Annual Salt Lake County Home Prices
