July 2010 Condo Sale Update: Number of Sold Properties went down!

Last month’s edge when it comes to condo buying and selling fell down on its numbers in the market. The number of sold condo in July 2010 went down to 26 of which dropped 58.73 percent from 63 sold homes of July 2009 and still down 54.4 percent from 57 sold homes of June 2010 in Salt Lake City Utah Homes.

The decline in the number of sold condo in Salt Lake City Utah Real Estate gave a median sold price of $172,500 of which rose 10.14 percent from $155,000 of July 2009. Home sales got a median CDOM of 111 and a 23.96 months of inventory.

So far, the number of actively listed Salt City Lake City Utah Homes for sale went down to 623 from 654 in July 2010 of which 59 went under contract properties in the market.

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