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
Do Elections Impact the Housing Market?
Do Elections Impact the Housing Market? The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market. It’s a great...
More Than a House: The Emotional Benefits of Homeownership
More Than a House: The Emotional Benefits of Homeownership With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That’s only natural as you think about the dollars and cents of it...
How Missing or Ghosting A Home Showing Can Damage Your Reputation And Business In Real Estate
How Missing or Ghosting A Home Showing Can Damage Your Reputation And Business In Real Estate In the competitive world of real estate, maintaining a stellar reputation is not just important; it's paramount. Missing a home showing might seem like a minor mishap, easily...
Real Estate Agent Marketing Methods
Ready to sell your house? One of your top priorities may be getting help marketing your home. Partnering with a great agent can make all the difference. These are just a few strategies we can use to get your house more visibility. Ready to maximize your home's...
Hiring a PSA or Pricing Strategy Advisor is the Key to Pricing your Home Right
Your Agent Is the Key To Pricing Your House Right [INFOGRAPHIC] Some Highlights The asking price for your house can impact your bottom line and how quickly it sells. Both under- and overpricing have drawbacks. So to find the right price for your house, lean on your...
Home Prices Rising in the Next 5 Years
Wondering about the future of home prices? Here's the scoop. Experts forecast a steady rise in home prices until at least 2028. That means buying now sets you up to gain equity as values climb. But, if you wait, the price of a home will only be higher later on. If you...
The Number of Homes for Sale Is Increasing
The Number of Homes for Sale Is Increasing There’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around. But things are starting to look up. There are more homes up for grabs this...
Home Prices Are Climbing in These Top Cities
Home Prices Are Climbing in These Top Cities Thinking about buying a home or selling your current one to find a better fit? If so, you might be wondering what's going on with home prices these days. Here's the scoop. The latest national data from Case-Shiller and...
The Sun Is Shining on Sellers This Summer
The Sun Is Shining on Sellers This Summer Some Highlights If your needs have changed, now’s a great time to sell and get the features you want most. Many buyers are eager to move between the school years, so you may see a faster sale, multiple offers, a higher...
How Buying or Selling a Home Benefits Your Community
How Buying or Selling a Home Benefits Your Community If you're thinking of buying or selling a house, it's important to know it doesn't just impact you—it helps out the local economy and your community, too. Every year, the National Association of Realtors (NAR) puts...