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According to the Salt Lake Board of Realtors, Taylorsville/Kearns top area for Wasatch Front home sales

By
Real Estate Broker/Owner with Utah Realty 5451933-PB00

SALT LAKE CITY — A new report released Wednesday showed more people purchased homes in the Taylorsville/Kearns area during the fourth quarter of 2010 than any other city along the Wasatch Front.

Data from the Salt Lake Board of Realtors indicated that there were 151 existing single-family homes sold in ZIP code 84118. More affordable home prices were a driving factor the report stated, with the median price of a home in Taylorsville/Kearns at $138,000 compared to the Wasatch Front’s median home price of $199,900.

Of the top 10 areas for home sales, only one had a median price above $300,000 — ZIP code 84020 in Draper at $349,900, which ranked sixth in sales for the period.

Half of the top 10 cities ranked had sales prices above the Wasatch Front’s median fourth quarter sales price, the report stated. Single-family home prices along the Wasatch Front have fallen 16 percent from their high point in the summer of 2007, said DeAnna Dipo, president of the Salt Lake Board of Realtors.

More than 4,000 homes were sold along the Wasatch Front during the last three months of 2010, down 21 percent from the same quarter in 2009.

Top 10 cities for home sales in fourth quarter 2010 — with median sales price:

1.   Taylorsville/Kearns (84118), 151 sales – $138,000

2.   Lehi (84043), 144 sales – $210,000

3.   Farr West (84404), 128 sales – $133,225

4.   South Jordan (84095), 127 sales – $272,000

5.   Clearfield (84015), 117 sales – $160,000

6.   Draper (84020), 111 sales – $349,900

7.   Tooele (84074), 104 sales – $160,450

8.   Riverton (84065), 100 sales – $259,950

9.   Herriman (84096), 93 sales – $295,000

10. Roy (84067), 90 sales – $145,655