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
Considering Selling Your Home As A Senior?
Considering Selling Your Home As A Senior? Let A Senior Real Estate Specialist (SRES) Be Your Guide! Are you a senior considering a move or possibly selling your home? Making decisions related to real estate can be overwhelming, especially as you enter the golden...
Salt Lake County Market Insights By Marty Gale Utah Realty
Salt Lake County Market Insights from May 2022 to June 2023 Buy or Sell with Marty Gale "Its The Experience" Principal Broker and Owner of Utah Realty™ Licensed Since 1986 CERTIFIED LUXURY HOME MARKETING SPECIALIST (CLHM) PSA (Pricing Strategy Advisor) General...
What Makes A Great Real Estate Agent
What Makes A Great Real Estate Agent Are you on the hunt for your dream home or perhaps looking to sell your property for top dollar? Choosing the right real estate agent is essential in ensuring a smooth and successful transaction. But what exactly sets apart a...
Are you or a loved one facing the prospect of downsizing? It can be an overwhelming process.
Marty's Monday Blog Are you or a loved one facing the prospect of downsizing? It can be an overwhelming process, filled with practical and emotional challenges. That's why utilizing the expertise of a Senior Real Estate Specialist (SRES) can make all the difference....
Key Housing Market Trends
Key Housing Market Trends Some Highlights If you’re considering buying or selling a home, you’ll want to know what’s happening in the housing market. Housing inventory is still very low, prices are climbing back up, and homes are selling fast when priced right. If you...
Economic Trends And Factors Influencing The Luxury Home Market In Utah
Welcome to our blog article all about the exciting developments and trends in Utah's luxury home market this fall! As the leaves change color and the cool autumn breeze settles in, Utah's real estate market is buzzing with activity. Whether you're a potential buyer or...
Homebuyers Are Still More Active Than Usual
Homebuyers Are Still More Active Than Usual Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In actuality, buyer traffic is still strong...
Tips for Making Your Best Offer on a Home
Tips for Making Your Best Offer on a Home While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know...
Don’t Fall for the Next Shocking Headlines About Home Prices
Don’t Fall for the Next Shocking Headlines About Home Prices If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on...
Low Housing Inventory Is a Sweet Spot for Sellers
Low Housing Inventory Is a Sweet Spot for Sellers Some Highlights Today’s housing inventory is still well below more normal years. This low inventory is why homes that are priced right are still selling quickly and seeing multiple offers. If you want to sell your...