We have seen a shift in the successful sales spots across the state. Now that the first-time home buyer incentive has expired the more luxurious homes are selling. 80% of the top 20 selling areas last month were homes over $300,000. Of these homes, more than 30% are over $500,000!
The current interest rates make these homes excellent to buy right now. Lower interest rates mean that you have more buying power. Combined with decreased home prices these homes are amazing deals right now.
Utah’s Hot Spots are the zip codes and prices ranges that had the most demand and highest success last month. Economic improvement and recovery start in hot spots and then spread to other areas of the valley. Purchasing a home in one of these hot spots gives you a front row seat to economic recovery.
1. Lindon, Zip 84042 Price Range: $100K – $200K
Sales History Current Homes for Sale
2. Saratoga Springs, Zip 84045 Price Range: $300K – $350K
Sales History Current Homes for Sale
3. Layton, Zip 84040 Price Range: $350K - $400K
Sales History Current Homes for Sale
4. Draper, Zip 84020 Price Range: $400K - $500K
Sales History Current Homes for Sale
5. Herriman, Zip 84065 Price Range: $350K - $400K
Sales History Current Homes for Sale
To View Home Sales History for all Zip codes and price ranges click here
E-mail me if you would like a free market report e-mailed directly to you every month.
As always if you would like to see one of these homes, or are interested in selling your home, contact me and we'll get you the best deal for your situation.
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