Average Northern Utah Home Prices and Sales

Homes sales are strong in northern Utah, and Salt Lake real estate is doing very well. Here is the most recent chart (ending in 2nd quarter 2006). Notice the number of homes being listed has been fairly consistent with the fourth quarter always taking a big drop in listings taken.

This is important because it shows that the local market has been booming because of the amount of homes being sold, not because of how many people are selling. The prices continue to grow, and they took a good jump from the 1st quarter ($225,000) to 2nd quarter ($245,000).

And the better news is, based on the indicators, next year should be another strong year. Here is some data about Salt Lake real estate, and it’s trends since 2002.

sales-chart.png

  Back Menu Email Webmaster Market Summary Report

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 utah-county.png

 Here is Utah county

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 And here is Davis County

Here is a current market summary of the active listings on the Wasatch Front MLS. This chart shows a price range, how many homes are actively listed in that price range, and the average days on market for those homes.

Listings: 1 Residential Market Summary Date: 09/12/2006 05:30 PM

State:UT  Status:

Active Listings
$0  –  $9,999 25 114
$10,000  –  $19,999 38 120
$20,000  –  $29,999 47 73
$30,000  –  $39,999 49 94
$40,000  –  $49,999 60 73
$50,000  –  $59,999 72 94
$60,000  –  $69,999 100 90
$70,000  –  $79,999 124 83
$80,000  –  $89,999 156 87
$90,000  –  $99,999 161 65
$100,000  –  $119,999 332 59
$120,000  –  $139,999 493 51
$140,000  –  $159,999 481 46
$160,000  –  $179,999 578 45
$180,000  –  $199,999 622 49
$200,000  –  $249,999 1,338 51
$250,000  –  $299,999 1,279 56
$300,000  –  $349,999 1,028 55
$350,000  –  $399,999 824 58
$400,000  –  $449,999 570 58
$450,000  –  $499,999 537 58
$500,000  –  $599,999 663 63
$600,000  –  $699,999 449 64
$700,000  –  $799,999 287 65
$800,000  –  $899,999 186 69
$900,000  –  $999,999 125 66
$1,000,000  –  $1,249,999 123 85
$1,250,000  –  $1,499,999 112 79
$1,500,000  –  $1,749,999 64 119
$1,750,000  –  $1,999,999 74 121
$2,000,000  –  $2,499,999 49 131
$2,500,000  –  $2,999,999 48 116
$3,000,000  –  $3,999,999 36 129
$4,000,000  –  $4,999,999 14 113
$5,000,000  –  and over 21 147

The average listed home along the Wasatch Front (including all price ranges, HUD homes, short sales, and bank-owned homes) has been on the market for 60 days.


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3 thoughts on “Average Northern Utah Home Prices and Sales

  1. So Why Assist2Sell Is Excellent and offers home sellers the opportunity to save money when selling their home,,because they provide the home seller all the data on recent comparable home sales, current active, active-under contract and pending properties and those sold in the past 6 months, and allow the home sellers to make an informed decesion based upon the market. Reduced flat fee full service companies such as Assist2Sell are able to put the equity back in the sellers pocket. It is a no brainer! They do it better and do it all for a whole lot less. I believe it is commonly referred to “Economies of Scale” go figure! If I could save $12K on the sale of my home I would…and I did!

  2. Natasha is obviously… on crack.

    Thanks Natasha- so what you’re saying is… Assist2Sell gives the home seller a comparable market analysis (CMA) like every other agent from every other company in the entire country does?

    Sweet!

  3. I am sorry but isn’t “Reduced flat fee full service companies like Assist to sale.” an oxymoron? Im sorry but you are not a full service company. You do not have an agent actively soliciting for you if you list with assist to sell. I want be clear, I’m not against companies like assist to sell I just think they should be honest with themselves, THEY ARE NOT FULL SERVICE! 🙂

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