February 2011 Salt Lake County Housing Market Stats

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. The average days on market (number of days it takes to sell a Salt Lake County home) stayed steady at 96.

Total Sales 626
Average List Price $220,927
Average Sale Price $214,125
Sale Vs List 97%
Average Sq. Ft. 2,426
Price Per Sq. Feet $88
Days on Market 96

You can read this post about Salt Lake County Housing Market Stats and other posts on my real estate blog.

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