Millcreek, Ut - Market Insider for December

By
Managing Real Estate Broker with Rindlesbach Homes 5479984-PB00

December homes

 

 

 

Taking a look at the December market in Holladay and Millcreek area. . . . .

 

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.

Chart Temporarily Unavailable

 

 

Housing Inventory Trends

The number of active listings in SALT LAKE CITY (84116) dropped by 15.2% from the previous month.

The median number of days active properties have been listed is 42. This is significantly shorter than the national average.

Chart Temporarily Unavailable

 

 

Property Ownership

The percent of unoccupied properties is very low in SALT LAKE CITY (84116) . It is 9.84% below the national average.

The percent of rental properties in SALT LAKE CITY (84116) is 19.88% above the national average which is typical for urban areas.

Chart Temporarily Unavailable

 

Additional Statistice

 

Median Listing Price                             $285,530

Median Days on the Market                       42

Active Listings                                          53

Distressed Listings                                   5.7%

   Foreclosures and Short Sales

 

As you can see the real estate market is still strong, but not many houses on the market at this time.  The interest rates are low close to 3.1%. . .. Check out more houses at infor at www.saltlakecityvalleynewhome.com and enter your desired zip code

 

Looking to see. . .  Call me

 

Sandy Straley, Broker

801-808-8110

www.saltlakecityvalleynewhome.com

 

 

 

 

 

 

 

 

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Topic:
Real Estate Market Trends
Location:
Utah Salt Lake County Salt Lake City
Tags:
millcreek home specialist
millcreek real estate professional
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holladay real estate professional

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Rainmaker
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Sara Wagner
The Woodland Companies - Adams, WI
Stevens Point Rentals

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Sara 😊

 

Dec 11, 2019 04:42 AM #1
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Rainmaker
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sandy straley

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