December 2012

Found 1 blog entry for December 2012.

2012 is coming to an end. What happened in the Salt Lake County housing market over the past 12 months?
  • Home prices are 4% higher than last year
  • The median home price is up 11% from last year. (2011 - $185,000, 2012 - $205,000)
  • It was the first year since 2007 that home prices have consistently gone up
  • The number of homes sold is up 18 percent from last year
  • Housing inventory dropped to 4.2 months (down from 7.2 months)
  • Homes typically have taken 61 days to sell (down from 78 days last year)
  • Homes sell for 96% of list price, (up from 91% last year).

If the world doesn't end this month where are the best places to buy/sell a home?

Check out the Hot Spots:


#1 - Sandy 84092     Price: $200K - $250K
Chance of

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