Housing Market 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.
Housing Inventory Trends
The number of active listings in SALT LAKE CITY (84117) increased by 4.9% from the previous month.
The median number of days active properties have been listed is 73.
The number of sales in April dropped by 71.3% from the previous month.
The percent of unoccupied properties is very low in SALT LAKE CITY (84117) . It is 9.25% below the national average.
The percent of rental properties in SALT LAKE CITY (84117) is 14.49% above the national average which is typical for urban areas.
Additional Statistics for Single Family Homes and Condos in SALT LAKE CITY, UT
$584,560 73 149 0.7%
Median List Price Median Days on the Market Active Listings Distressed Listings - forclosure & shorr sales
As you can see the real estate market is still very active and strong. With interest rates around 3.5% housing is will continue to be strong and affordable. Call me for more information or you can click on Market Insider and put in your zip code for find out more about the real estate market in your area. . . .
Awesome Home Evaluation. . looking to sell -- click the link and I will send you the information you have requested. I will also give you information on pricing your home to sell for top dollar in the shortest possible time with the least amount of inconvience.
Sandy Straley, Broker