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January 8, 2009
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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for Salt Lake City, Utah

Reported by Gary Kennard 801-403-4965, REALTOR

Updated December 9, 2008.

Current Market Rating: 4




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Buyer's

Seller's

Current Price Trend: 5



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Falling

Rising

The average sales price of a home in Salt Lake City is $406,351. There are currently 1,634 homes for sale ranging in price from $29,900 to $7,995,000. The average days on the market are 95.

In the month of November, 139 were sold with the average price of $251,191. The low price was $67,500 and the high price was $649,500. The average days on the market were 62.

I can be reached at 801-403-4965.


Location Characteristics: Salt Lake City is the capital of the State of Utah. It is the largest and most important city in a large region of the interior West and serves as the industrial, financial, religious, and commercial center of Utah. It is the international headquarters of the Church of Jesus Christ of Latter-day Saints, commonly known as the Mormon Church.

Salt Lake City lies high above sea level in a mountain valley flanked by the Wasatch Mountain Range to the east and the Oquirrh Mountains to the southwest. The mountains around Salt Lake City are world famous for their skiing, hiking, fishing, hunting, and overall beauty. It has a dry climate, with only 16.2 inches of precipitation per year. However, the mountains in the Wasatch Range are well watered, and the runoff is used to water the valley.

Downtown Salt Lake City is noted for its broad streets and spacious blocks, a legacy of the Mormon settlers who laid out the city in 1847. Some of the important buildings in Salt Lake City are the Mormon Temple, which took 40 years to build, the Mormon Tabernacle, the home of the world famous Mormon Tabernacle Choir, the Roman Catholic Catherdral of the Madeleine, and the Delta Center, home of the Utah Jazz basketball team.

For More Information:

View Market Conditions of other areas served by Gary Kennard 801-403-4965

Navigate: Top > Utah > Salt Lake City

About Gary Kennard 801-403-4965:
I have lived in the Salt Lake City area most of my life. I am married and have five children and 17 grandchildren. I sang with the Mormon Tabernacle Choir for 13 years and I'm now a staff member of the Choir. My emphasis in the Real Estate business is honest, professional service. I do answer my phone. Try me at 801-403-4965.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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