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
Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season?
Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season? This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays? Some sellers with homes already on the market may even remove their...
Selling Property to Family Creates Tax Complications
Our Friend Karl from K.A.N. Accounting & Tax, Inc. Sent us this and we thought we should share! Selling property to a family member or loved one is deemed a related party transaction by the IRS. If contemplating a transaction like this, you need to review the tax...
502 So 1040 E H 143 American Fork Utah 84003
502 So 1040 E H 143 American Fork Utah 84003 Mt Timpanogos Village Comparative Market Analysis and Broker Opinion of Value 502 So 1040 E H 143 American Fork Utah 84003 Sold $317,578 [dflip id="110816"][/dflip] 502 So 1040 W H 143 American Fork Utah 84003...
2024 Housing Market Forecast
2024 Housing Market Forecast Some Highlights Thinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024. And climbing prices help...
People Are Still Moving, Even with Today’s Affordability Challenges
People Are Still Moving, Even with Today’s Affordability Challenges If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are...
The Latest 2024 Housing Market Forecast – Utah Realty
The Latest 2024 Housing Market Forecast The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to...
Reasons To Sell Your House Before the New Year
Reasons To Sell Your House Before the New Year As the year winds down, you may have decided it's time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here...
Don’t Believe Everything You Read About Home Prices
Don’t Believe Everything You Read About Home Prices According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the...
A Real Estate Agent Helps Take the Fear Out of the Market
A Real Estate Agent Helps Take the Fear Out of the Market Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you’ve even seen or heard something lately that scares you and makes you wonder if you should...
8 Great Quotes
Buy or Sell with Marty Gale "Its The Experience" Principal Broker and Owner of Utah Realty™ Licensed Since 1986 CERTIFIED LUXURY...