Last month’s home sales in Salt Lake City Utah Real Estate revealed new curves in the market. There were a total of 186 single family homes sold in Salt Lake City. Year over year change of sale went up 30.65 percent from 129 sold homes of January last year. In terms of monthly change of sale, it dropped 13.5 percent from 215 sold homes of December 2011.
The median sold price went down 13.61 percent from $191,000 to $165,000. Home sales have been for 69 median days on market. Due to 5.01 months of inventory, there’s a balance market in Salt Lake City Utah Homes.
Currently, there are 931 actively listed homes for sale in Salt Lake City Utah of which 347 are under contract properties in the market.
