Home selling and buying in Salt Lake City Utah Real Estate seemed to have higher curves in the market last month. According to MLS record, there were 278 single family homes sold in the market. Home sales have raised the level of increase on both monthly and yearly change of sales. Year over year change of sale went up 38.49 percent from 171 sold homes of August last year. Its monthly change of sale increased 7.9 percent from 256 sold homes of July 2011.
The median sold price reached $176,500 of which dropped 25.18 percent from $235,900 of August 2010. Home sales have been for 58 median days on market. This time, it’s a seller’s market due to 4.77 months of inventory in Salt Lake City UT Real Estate.
The number of under contract properties was 386. So far, there are 1,325 actively listed homes for sale in Salt Lake City Utah.
Tags: Salt Lake City Utah Real Estate, Salt Lake Utah Homes, UT Homes, Utah Real Estate