Top 10 Highest Median Single-Family Home Prices along the Greater Wasatch Front
Salt Lake County home prices climbed to an all-time high in the third quarter, according to the Salt Lake Board of Realtors®. The median single-family home price in the July-through-September period reached $381,500. That’s up 7.5 percent compared to a median price of $355,000 in last year’s third quarter. Just three years ago, the median single-family home price reached $300,000, which was then an all-time high price. The previous peak home price was in the third quarter of 2007, when home prices topped $256,000 (or $298,085 in inflation-adjusted dollars). Home prices increased across all Wasatch Front counties including: Davis, up 6.2 percent; Tooele, up 2.6 percent; Utah, up 4.4 percent; and Weber, up 10.3 percent. Sales of single-family homes in Salt Lake County were flat (up 0.7 percent) in the third quarter year-over-year. Davis County saw sales increase 9.8 percent. Sales in Tooele County were up 4.7 percent. Utah County sales were up 11.8 percent. Sales in Weber County were up 12.1 percent. In the third quarter, the typical Salt Lake home was on the market 37 days before it sold – six days longer than the average time for a home to sell during the third quarter of 2018
What is Housing going to do this fall in Salt Lake County?
Housing is always a hot topic in Utah and the anticipated Fall housing market in Salt Lake County. As seasons change, so do the dynamics of real estate, and we are here to provide you with an insightful glimpse into what can be expected in this vibrant and dynamic...
Plenty of Buyers Are Still Active Today
Plenty of Buyers Are Still Active Today Some Highlights Holding off on selling your house because you believe there aren’t any buyers out there? Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and...
Should Baby Boomers Buy or Rent After Selling Their Houses?
Should Baby Boomers Buy or Rent After Selling Their Houses? Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider. Will you move to a different...
Today’s Housing Market Has Only Half the Usual Inventory
Today’s Housing Market Has Only Half the Usual Inventory Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to...
Why You Need a True Expert in Today’s Housing Market
Why You Need a True Expert in Today’s Housing Market The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your...
How To Get Property Tax Relief In Salt Lake County. Elderly Or Low Income
How To Get Property Tax Relief In Salt Lake County. Elderly Or Low Income Navigating through the maze of property taxes can be a daunting task, particularly for the elderly or those with low incomes. However, in Salt Lake County, there are several options available to...
People Want Less Expensive Homes – And Builders Are Responding
People Want Less Expensive Homes – And Builders Are Responding In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low...
55 Plus Townhomes Reviewed
As the demand for comfortable and inclusive living spaces for seniors continues to rise, it's crucial to understand the key factors that make a community truly exceptional. In this piece, we will specifically focus on the South Jordan and Daybreak areas in Utah...
What Makes Garden Park Town Homes In Daybreak South Jordan The Best Place For 55 And Older Adults
What Makes Garden Park Town Homes In Daybreak South Jordan The Best Place For 55 And Older Adults Welcome to the Utah Realty Blog Article where we delve into the reasons why Garden Park Town Homes in Daybreak South Jordan is an exceptional choice for 55 and older...
Home Prices Are Back on the Rise
Home Prices Are Back on the Rise Some Highlights Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally. If you’ve put your plans to move on pause because you were worried about...