CELL: 801-231-2051  TOLL FREE: 877-870-6380
2009-12-16
Home Sales Climb 24% in October 2009

HOME SALES CLIMB 24% IN OCTOBER,

ACCORDING TO THE SALT LAKE BOARD OF REALTORS® on 30 November 2009 The Salt Lake Board of REALTORS® reported that sales of existing homes and condominiums climbed 24 percent in October. There were 1,061 homes/condos sold in October compared to 855 sales in October 2008. The 24 percent increase in sales in October represented the biggest year-over-year percent increase in an October month since electronic records started in 1995. The second biggest percentage increase for an October month was in October 2005 when home sales rose 22 percent year-over-year.


“Clearly the federal home buyer tax credit played a significant role in boosting home sales,” said Ryan Kirkham, president of the Salt Lake Board of REALTORS®. “Of course, mortgage interest rates remain at record lows and home prices in the Salt Lake area have again reached affordable levels.” The median price of homes/condos sold in October was $205,000, down 9.5 percent compared to the median price of $226,500 in October 2008.

Welcome to our Blog!
2021-01-12
Utah's Extraordinary Growth in Jobs and Population

2021-01-12
Salt Lake County’s Housing Shortage

2021-01-12
2020 Single-Family Home Prices up 11.8%

2021-01-12
Growing Concern for Housing Affordability

2021-01-12
Utah's 2021 Economic Forecast

2021-01-12
Outlook for Mortgage Rates

2021-01-12
Salt Lake County Housing Forecast for 2021

2020-01-29
Median Single Family Home Prices in Salt Lake County increase to $378,000 in 4th quarter 2019

2019-01-28
The Gamble of Overpricing Your'e Home

2017-10-30
Salt Lake County single-family home median price reaches $330,000

2017-08-28
Most Salt Lake County Homes Sell for Under $350,000

2017-08-07
Median Single Family Home Prices Reach $327,000 in Salt Lake County

2017-02-07
Is There a Housing Bubble?

2017-02-07
Predictions for 2017: Total Residential Home Sales

2017-01-31
Q 4 Housing Report

2016-02-11
2016 Forecast for Salt Lake area Housing Market

2016-01-25
Local Home Sales Data 4th Quarter 2015

2015-04-27
Mistakes people make when selling a home

2015-04-27
Save for down payment or buy a home now?

2015-04-27
Salt Lake Home Sales Climbed 16% in the First Quar

2015-02-06
Salt Lake County housing market positive for 2015

2015-01-15
FHA Mortgage Insurance Premiums Reduced by 0.50%

2014-02-05
Salt Lake Housing Prices Returning near 2007 Highs

2014-01-27
Salt Lake home sales in 2013 are highest on record

2013-10-31
Condo sales at a 7 year-high

Click here to see ALL articles.




Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.