Realty Times - Salt Lake City, Utah Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Utah > Salt Lake City
North Salt Lake City - Rose Park

Market Conditions Summary for Salt Lake City, Utah

Reported by

Mark Watterson
as of 11/20/2008:

We are continuing the National market weakness, which directly affects the local markets. Last month was a rough month and is continuing this month. Wall Street's bad actions are continuing to spill over into Main Street (many of us are seeing large... MORE->
About Mark Watterson

Reported by

Darrell W. Catmull
as of 11/18/2008:

On a scale of 0 - 24, the market saturation (or absorption) factor in your neighborhood is ... MORE->
About Darrell W. Catmull

Reported by

SLC Homes for Sale
as of 11/11/2008:

We all know that the Real Estate Market in Salt Lake City is substantially down from last year, but in many areas and price ranges the market isn't that bad. Homes are with moderate and low prices are still selling quickly. From June's sales... MORE->
About SLC Homes for Sale

Reported by

Steve Bojack
as of 11/6/2008:

News on the Salt Lake Real Estate market this fall is a mix of good and bad news, although it leans more towards the bad. Good news, the economy in Utah is still fairly strong, especially when compared to the rest of the country. Bad news, home... MORE->
About Steve Bojack

Reported by

Gary Kennard 801-403-4965
as of 11/4/2008:

The average sales price of a home in Salt Lake City is $408,578. There are currently 1,716 homes for sale ranging in price from $59,999 to $7,995,000. The average days on the market are 91. In the month of October, 197 were sold with the... MORE->
About Gary Kennard 801-403-4965

Reported by

Michael Johnson
as of 10/15/2008:

There are about 8,500 single family homes and condos on the market as of October 15, 2008, Closed single family homes and condos for the first 10 months of 2008 are about 9,000 and through this same time period of 2008, about 13,000 properties on... MORE->
About Michael Johnson

Average Current Market Rating: 1.8 (6 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.3 (6 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Utah > Salt Lake City
North Salt Lake City - Rose Park

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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