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. One discouraging stat was the decline of the average price per square foot, which dropped to $94, the lowest seen since August 2005.
Total Sales 727
Average List Price $249,814
Average Sale Price $242,628
Sale Vs List 97%
Average Sq. Ft. 2,577
Price Per Sq. Feet $94
Days on Market 90
You can read this post about Salt Lake County Home Prices and other posts on my real estate blog.