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
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...
About 11,000 Houses Will Sell In The USA Today
About 11,000 Houses Will Sell Today Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the frenzy of a...
There’s Only Half the Inventory of a Normal Housing Market Today
There's Only Half the Inventory of a Normal Housing Market Today Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today. You may have heard inventory is low right now,...
Things To Know When Getting Ready To Buy A Home
Things To Know When Getting Ready To Buy A Home Are you in the market to buy your dream home? Congratulations! This is an exciting step in your life, but it can also be overwhelming and confusing at times. From navigating the financial aspects to understanding the...
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...
