Price Trends - Sold vs. Listed
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay). By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month. Some sales are not immediately available from public records. As they become available, the data are updated.
Market Inventory Trends
The number of active listings in Salt Lake City (84109) dropped by 18% from the previous month. The median number of days active properties have been listed is 57. This is significantly shorter than the national average. The number of sales in January dropped by 89.3% from the previous month.
Property Ownership
The percent of unoccupied properties is very low in Salt Lake City (84109) . It is -8.66% below the national average
Additional Statistics for Single Family Homes and Condos in Salt Lake City, UT
$563,650 Median Listing Price 57 Median Days on Market 61 Active Listings 1.6% Distressed Listings (foreclosures and short sales)
Looking to purchase a home in the area. . . . click Millcreek Homes for Sale. Let me know which homes you would like to preview and I will be happy to make some appointments for you to see the inside of the homes.
Thinking of selling. . . . click Free Home Evaluation. . and I will let you know the market value of your real estate.
Sandy Straley, Broker
Rindlesbach Homes
801-808-8110
www.saltlakecityvalleynewhome.com
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