October 2010 Salt Lake County Market Summary

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 be due to the average size of home sold, which dropped 4.3% to 2,492 square feet (smaller homes mean cheaper homes).

Total Sales 707
Average List Price $254,732
Average Sale Price $245,351
Sale Vs List 96%
Average Sq. Ft. 2,492
Price Per Sq. Feet $98
Days on Market 90

You can read this post about Salt Lake County Home Prices and other posts on my real estate blog.

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