Wednesday, November 18, 2009

Sales of existing homes jump 4% along Wasatch Front

Sales of existing single-family homes across the Wasatch Front climbed 4% in the 3rd quarter compared to the same quarter a year ago, according to the Salt Lake Board of Realtors and Utah Association of Realtors.

The increase marked the first time in four years that home sales showed a year-over-year increase during the third quarter. Across the Wasatch Front there were 5,608 single family homes sold in third quarter, 2009. In Davis County sales surged and were up 9% in the third quarter.

The median home price for a Single Family Home sold along the Wasatch Front for the quarter was $213,250.

Source: The Enterprise Newspaper, SLC, UT, November 16-23, 2009

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