Condo selling and buying got even better in Salt Lake City Utah Real Estate last month. Last July 2011, nearly 55 condos have been sold out in the market. Both yearly and monthly change of sale levels went up this time. Year over year change of sale increased 52.73 percent from 26 sold condos of July 2010. There was an increase of 30.9 percent on its monthly change of sale of which climbed up from 38 sold condos of June 2011 to 55 sold condos of July this year.
The median sold price was $168000 of which dropped 2.61 percent from $172500 of July 2010 to $168000 of July this year. It’s a buyers market in Salt Lake City Utah Homes since it got 8.85 months of inventory.
According to MLS record, there are 487 active listings of Salt Lake City Condos for sale as of the moment. There have been 47 properties went under contract in the market this time.
Tags: Salt Lake City Condominiums for Sale, Salt Lake City Condos For Sale, Salt Lake City Utah Real Estate, Utah Real Estate