Reading headlines can be confusing to those looking to buy a Salt Lake Home.

Last week, depending on where you looked, you could find a headline that declared that the recession was over, or that home sales were up for the 5th month in a row, (so the drought was a thing of the past) or that the comparison between the number of homes for sale was less last month than the same month last year. I guess less inventory means we have achieved recovery.

But it's not that simple.

South Dakota is not Utah. Dallas is not Salt Lake City.

So for the next few days I'm going to help you see the Real numbers in areas  that you might find helpful as you make your home buying decision.

Today we will offer statistics for Salt Lake County. Each day we well analyze a separate area around Salt Lake. If you are interested in a particular Salt Lake town or Community give us a call and we might be able to re arrange our schedule; 801-567-0946. Later this week we will be looking at West Jordan Homes and homes in Murray Utah.

If you are looking at Salt Lake Homes for Sale you should find these stats important. These are current statistics provided by the Wasatch Front Regional Multiple Listing Service for the month of July.

County of Salt Lake Homes For Sale:

There are usually about 7500 listed homes for sale in Salt Lake County.

The absorption rate in the entire county is 7.31 months.

Homes Sold In Salt Lake County in July 2009:

There were 958 Homes sold in Salt Lake.

That was 247 fewer than the homes sold the previous month.

Salt lake Homes sold in 2009 were less by 86 homes for sale.

July 09 Homes sales decreased over $40 million dollars from 08 July sales.

The average price of a Salt Lake County Home Sold in July of 09 was almost $250,000.

The average price of the Salt Lake homes sold in July 09, was 6% less than in 08.

Salt Lake Homes sold for 86% of the listed price of homes for sale in SLC.

Average price per square foot this July ($101.68) was almost $17.00 less than a year ago.

Days on the market have increased from 110 days in July 08, to 117 days this year.

There you have it, real information to help you make that all important decision about where you want to start looking for a Salt lake home to buy.

To see all of the salt Lake Homes For sale, go to our website Salt Lake Homes and you can see photos, maps, prices, and real info about all of the homes for sale in SLC.

Or call us and lets talk about how headlines can confuse someone looking to buy a Salt Lake Home !