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2013-10-31 09:38:09
Condo sales at a 7 year-high

 

Nearly 900 condominiums, townhomes and twin homes in Salt Lake County were sold by Realtors® in the third quarter, a 35 percent increase compared to the same period in 2012. The sales marked a seven-year high compared to previous third quarters.

 

The run-up in condo sales as a percent change surpassed the increase in single-family home sales, which slowed to single-digit gains (6 percent) in the third quarter as higher home prices and rising mortgage interest rates pushed some buyers out of the market.

 

In the July-August-September period, the median sales price of condos increased to $170,000, up 17 percent compared to the median price in the same quarter last year.

 

Approximately 3,300 single-family homes were sold by Realtors® in the third quarter, a 6 percent increase compared to 3,100 home sales in the third quarter of 2012. In previous quarters, home sales in the Salt Lake area showed double-digit increases. The median single-family home price in the third quarter in Salt Lake County climbed to $255,000, a 17 percent jump compared to a median price of $218,000 last year during the same quarter.

 
Blog Archive
2019-01-28 09:56:07
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2017-10-30 10:07:23
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Median Single Family Home Prices Reach $327,000 in Salt Lake County

2017-02-07 13:11:41
Is There a Housing Bubble?

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Predictions for 2017: Total Residential Home Sales

2017-01-31 09:34:22
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2016-02-11 10:24:38
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2015-04-27 11:36:59
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2014-02-05 15:27:36
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2014-01-27 16:51:39
Salt Lake home sales in 2013 are highest on record

2013-10-31 09:38:09
Condo sales at a 7 year-high

2013-10-30 10:45:15
Median single-family home prices reach 255k

2013-02-12 17:09:58
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2013-01-02 09:23:42
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2012-12-10 11:26:33
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