Indeed, it was another good 3-month buying and selling of condos for Salt Lake City Utah Homes as its sales for the 2nd quarter this year drifted up in the market. The number of sold condos went up to 660 from 413 sold properties in the first quarter of the current year. That’s nearly 60 percent increase of sales compared to previous quarter of the year and sales also rose 21.32 percent from 544 sold condos made during the 2nd quarter of 2009 and the having the same home sale numbers compared from Q2 of 2008.
Salt Lake City Utah Real Estate got a median sold price of $136,625 of which dropped from $148,425 of Q1 2010 and from $150,000 of Q2 2009. The average sold price went down also to $163,914 from $$260,920 of Q1 this year with an average CDOM of 136. The increase of sale this quarter shows that the market of Salt Lake City Utah Real Estate have been recovering from the previous recessions and also with the help of the just ended tax credit for home buyers in the market.
The graphs of sales in Salt Lake City Utah Homes can be viewed below.
