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2011-02-08 06:50:49
Median Shmedian 2/8/2011

The Salt Lake Board of REALTORS® reported that 1,934 existing single-family homes were sold in Salt Lake County in the fourth quarter of 2010, down 21 percent compared to 2,450 sales in the fourth quarter 2009.

Although single-family home prices in Salt Lake County were down 4 percent in the fourth quarter, there were a number of cities that saw house price gains. They included: Draper (84020) up 7 percent; West Jordan (84081) up 6 percent; Sandy (84092) up 12 percent; Herriman (84096) up 10 percent; Salt Lake City (84103) up 18 percent; Murray (84107) up 7 percent.

In 2010, there were 10,362 existing home sales (single-family, condominiums, townhomes, twin homes, recreational) in Salt Lake County, an 8 percent decrease compared to 11,205 total sales in 2009. In 2010, there were 8,523 single-family homes sold, a 4 percent decrease compared to 8,903 single-family homes sold in 2009.

In 2010, there were 1,752 condominiums, townhomes and twinhomes sold in Salt Lake County, a 23 percent decrease compared to 2,262 condo sales in 2009.

The median sales price of all housing types sold in Salt Lake County in 2010 was $208,000, down 4 percent compared to a median price of $216,000 in 2009. The median sales price for single-family homes sold in 2010 was $220,000, a 6 percent drop compared to a median sales price of $233,900 in 2009.

The median sales price for condominiums, townhouses and twin homes sold in 2010 was $162,000, a 5 percent decrease compared to a median sales price of $169,900 in 2009.

 

Median Shmedian if you want to know what is happening in your neigborhood send me an email and I will help you create a quick search on this site so you can stay on top of all prices and sales that affect your home's value.

 
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