April 2011 Homes Sales Data for Salt Lake County

Homes prices for Salt Lake County actually increased for the second month in a row. The median home price for April 2011 was $219,720 a small increase of 0.7%, and maybe a sign that prices have at least stabilized. Year on year prices fell 6.56%. There were 914 homes sold with an average size of 2,455 square ft. The average price per square foot increased from $89 to $90. Average number of days it took to sell a home decreased from 92 to 88.

All in all this is the best data I have seen for some time, with most of the indicators going in the right direction. Hopefully this is a sign of something positive rather than just a blip.

Total Sales 2455
Average List Price $226,643
Average Sale Price $219,720
Sale Vs List 97%
Average Sq. Ft. 2,455
Price Per Sq. Feet $90
Days on Market 88

You can read this post about Salt Lake County April 2011 Housing Sales and other posts on my real estate blog.

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