Trela Bird's (merbtrelab) Blog

Salt Lake Home Prices were on the rise in April 2012. For the second month in a row home prices went up, with the median home price rising 4.28% (when compared to April 2011 prices) to $195,000. If we look at month on month data, prices have actually increased for 3 months in a row. This encoura...

For the first time in a long time Salt Lake County home prices increased in March 2012. The average home price for a Salt Lake County home in March 2012 stood at $218,674, up from $218,170 in March 2011, and $209,718 in Feb 2012. These modest price increases are the result of an improving market,...

There were a total of 809 homes sold in Salt Lake County during February 2012. This number shows a strong increase when compared to Feb. 2011 when just 647 homes were sold. While Salt Lake home sales were up, the time taken to sell a home fell considerably, (another positive sign), with the avera...

There were a total of 730 Salt Lake County homes sold in Jan 2012, which is the highest level seen for 5 years. Those homes that are selling are also selling faster, with the average number of days taken to sell a home falling to 133 days (last Jan it was 144 days). The average price for homes so...

The Salt Lake County housing market continued to show signs of improvement in December 2011. There were 881 Salt Lake homes sold in December 2011, that’s a rise 5.76% compared to the same month last year. In the same time period the average home sales price dropped from $230,440 to $220,468, but ...

The average sales price for a home in Salt Lake County was $216,163 in November 2011. This was a drop of 0.26% compared to last month and 10.84% compared to November 2010. Despite November being a seasonally slow time of year, there were 849 homes sold, an increase of 13.05% from last year. The a...

A recent article in the Builder Magazine predicts a bright 2012 for the Salt Lake City Housing Market. They teamed up with Hanley Wood Market Intelligence to produce their list of healthiest housing markets in the United States. The list was compiled using various criteria including the local emp...

OctoberSalt Lake County home sales were up from 737 in 2010 to 992 in 2011. While this is great news, in the same timeframe median prices decreased from $205,000 to $185,000, a fall of 9.76%. Compared to September 2011 prices actually saw a modest 3.93% increase. The median price per sq, ft. was ...

Home prices in Salt Lake County remained relatively stable in the third quarter 2011. The new median home price for single family home sales was $195,800, which while down from last years $230,000, remained within the narrow median home price range we have seen since the start of the year.   The ...

There were some good pointers in the latest Salt Lake County housing sales data for August 2011. First of all the number of homes sold topped the 1000 mark for the forth month in a row. There were 1,086 homes sold, that’s an increase of 38.52% from Aug 2010, and an increase of 7.12% from last mon...