Salt Lake County Market Updated for September 2012

By
Real Estate Agent with Urban Utah Homes & Estates

 

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. $91.20

Median Days On Market 34

The outlook for the local real estate market remains upbeat, with the new construction property market being especially strong. This is partly due to the limited inventory of resale properties currently available on the market.

Visit our site to search Salt Lake City Homes for Sale

 

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Trela Bird

Realtor, Salt Lake City Utah
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