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) increased by 0.7% from the previous month.
The median number of days active properties have been listed is 36. This is significantly shorter than the national average.
The number of sales in June dropped by 45.3% from the previous month.
Property Ownership
The percent of unoccupied properties is very low in Salt Lake City (84109) . It is -8.7% below the national average.
Additional Statistics for Single Family Homes and Condos in Salt Lake City, UT
|
$551,480
Median Listing Price
|
36
Median Days on Market
|
77
Active Listings
|
1.3%
Distressed Listings
(foreclosures and short sales) |
For more information on the Market Insider in your area click Market Insider and type in your area for great news in your area.
Looking for a home in the Millcreek area, click Luxury Homes to find your perfect home. Let me know if there are any homes you would like to preview and I will be happy to set up some appointments for you.
Interested in selling your home, click Home Evaluation and I will be happy to get you the information you need on your home. I will also be happy to give you information on how to sell your home in the shortest possible time for the highest market value with the least amount of inconvience.
Sandy Straley, Broker
Rindlesbach Homes
801-808-8110
www.saltlakecityvalleynewhome.com
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