homes sold: Salt Lake October 2012 Housing Market Update
- 11/07/12 02:06 AM
The Salt Lake County Housing Market again produced strong home sales in October 2012. There were 1,129 homes sold in the month, which is an improvement of 9.19% over October 2011. Median Salt Lake home prices again finished above the $200,000 mark, with a new median home price of $205,000, a healthy increase of 10.81%. The median price per square foot rose to $93.34, the highest level seen since June 2010. With the holidays approaching home inventory levels are currently very low, with many homes selling soon after they appear on the market. At a national level a recent report … (0 comments)
homes sold: Salt Lake County Market Updated for September 2012
- 10/08/12 03:55 AM
Salt Lake County Market Updated for September 2012 Another good month for the Salt Lake County real estate market saw home sales and prices on the increase. A total of 1,016 homes were sold in September (includes all types of homes), up from 997 a year earlier. Home prices were also up, with the median home price increasing from $185,000 to $195,000. Homes were also selling fast, with a CDOM of 34 days, considerably faster than the 74 days seen in September 2011. Total Sales 1,016 Median Sales Price $195,000 Median Sq. Ft. 2,089 Median Price Per Sq. Ft. … (0 comments)
homes sold: May 2012 Sees Salt Lake Home Prices on the Rise
- 06/18/12 05:05 AM
For the 4th month in a row the median home price for a Salt Lake County home increased, with the new median price standing at $199,950, up from last years $189,423. Over the last 4 months the median home price has risen 15.2%, with May 2012 home sales topping 1,202, the highest level since May 2010 when the home buyer tax credit was in place. The median price per square foot is also up, standing at $89.62, up for 6 straight months, and the highest level seen since October 2010. Homes are also selling faster, with the median time taken … (0 comments)
homes sold: Salt Lake County Prices Up in April 2012
- 05/22/12 02:31 AM
Salt Lake Home Prices were on the rise in April 2012. For the second month in a row home prices went up, with the median home price rising 4.28% (when compared to April 2011 prices) to $195,000. If we look at month on month data, prices have actually increased for 3 months in a row. This encouraging home sales data may well point to the bottom on the market and even shows that prices are starting to rebound, especially in the more trendy areas like the Avenues, 9th and 9th and Sugarhouse. In addition to prices going up, the number … (1 comments)
homes sold: Salt Lake County Home Prices Increase in March 2012
- 05/01/12 04:28 AM
For the first time in a long time Salt Lake County home prices increased in March 2012. The average home price for a Salt Lake County home in March 2012 stood at $218,674, up from $218,170 in March 2011, and $209,718 in Feb 2012. These modest price increases are the result of an improving market, with more homes selling, and a declining Salt Lake homes for sale inventory level. Home sales stood at 1,037, the best March number since 2007. The average days on market declined to 112 (lower numbers mean homes are selling faster), the best number since May … (1 comments)
homes sold: February 2012 Home Sales on the Rise
- 03/15/12 12:44 PM
There were a total of 809 homes sold in Salt Lake County during February 2012. This number shows a strong increase when compared to Feb. 2011 when just 647 homes were sold. While Salt Lake home sales were up, the time taken to sell a home fell considerably, (another positive sign), with the average time taken to sell a home falling from 144 to 124 days. The average home price increased slightly from last month, climbing 1.23% to $209,743, but was down 2.76% when compared to Feb. 2011. Total Sales 809 Average Sale Price $209,743 Average Sq. Ft. 2,404 Price … (1 comments)
homes sold: Jan. 2012 Salt Lake Market Update
- 02/24/12 06:12 AM
There were a total of 730 Salt Lake County homes sold in Jan 2012, which is the highest level seen for 5 years. Those homes that are selling are also selling faster, with the average number of days taken to sell a home falling to 133 days (last Jan it was 144 days). The average price for homes sold in Salt Lake County did drop to $206,869, but this drop is in part due to a drop in the average size of homes sold (more smaller home sales = lower average price), which was 2,341 sq. feet (down from 2,579). In … (0 comments)
The Salt Lake County Housing Market again produced strong home sales in October 2012. There were 1,129 homes sold in the month, which is an improvement of 9.19% over October 2011. Median Salt Lake home prices again finished above the $200,000 mark, with a new median home price of $205,000, a healthy increase of 10.81%. The median price per square foot rose to $93.34, the highest level seen since June 2010. 
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