2018 – 1st Quarter Real Estate Stats
It is a STILL a good time to be a Seller!
The second quarter of 2018 was busy for buyers and sellers. While the inventory was very tight, prices continued to rise across the valley. Sellers are still getting multiple offers in much of the county. We have seen an increase of out of state buyers looking to relocate and purchase investment properties. Mortgage rates have remained low despite the economy continuing to improve.
Sugar House
2018 – 2nd Quarter STATS
Area used is 1300 South to 2700 South, from 700 East to 2300 East.
Days on Market
25
%
Up
Number of Sales
122
%
Down
Average Sold Price
$482,534
%
Up
New Listings
176
%
Down
% of New Listings Sold
69.32%
%
Down
New Average Asking Price
$492,903
%
Up
Want to know the value of your home?
Salt Lake County
2018 – 2nd Quarter STATS
Days on Market
27
%
Down
Number of Sales
847
%
Down
Average Sold Price
$429,048
%
Up
New Listings
1160
%
Down
% of New Listings Sold
74.04%
%
Up
New Average Asking Price
$490,174
%