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The real estate industry standard for determining how a market is performing is the median home price or in some places the average home price. You hear it everywhere, median home price falls in first quarter, median home price for Salt Lake City is... But is the median home price a true indicato...
Home sales for Salt Lake County in August 2009 were flat compared to July. The average home price fell slightly to $255,375 (from $257,186), but the average size also fell to 2,479 square ft, which meant that the average price per square ft. actually rose slightly to $103. The number of homes sol...