Salt Lake Real Estate
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 [...]
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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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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 [...]
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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 [...]
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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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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. [...]
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August 2010 home sales remained weak in the Salt Lake County area. While the number of Salt Lake County homes sold saw a tick up from July, it was considerably lower than Aug 2009 going from 1031 to just 764. Another concerning sign was the average number of days taken to sell a home, which [...]
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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
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
