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 1,000 to 976, and the days on market rose to 82.
September is shaping up to be a strong month, with activity being fueled by first time home buyers not wanting to miss out on the soon to be expiring $8000 tax credit.
Total Sales 976
Average List Price $263,422
Average Sale Price $255,365
Sale Vs List 97%
Average Sq. Ft. 2,479
Price Per Sq. Feet $103
Days on Market 82
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