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 1.2% from the previous month.
The median number of days active properties have been listed is 53. This is significantly shorter than the national average.
The number of sales in May dropped by 23% 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
|
$522,770
Median Listing Price
|
53
Median Days on Market
|
76
Active Listings
|
2.6%
Distressed Listings
(foreclosures and short sales) |
For more homes on the market click Millcreek Homes and I will be happy to make some appointments so you can preview some homes.
Looking for more information on your area. . . . click Market Insider and put in your zip code to find out what is happening in the real estatate market in your area.
Need a home evaluation. . . . click Free Home Evaluation and I will be happy to get you the information on your real estate.
Sandy Straley, Broker
Rindlesbach Homes
801-808-8110
www.saltlakecityvalleynewhome.com
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