2018 – 1st Quarter Real Estate Stats

It is a good time to be a Seller!

According to the Salt Lake Board of Realtors, Salt Lake County has seen a 50% increase in overall housing prices since 2011. When looking back on 2017 there was a 10% increase in the average cost of a single-family home but the number of homes sold from 2016 to 2017 went down.  Inferring less inventory with more demand.  The first month of 2018 has seen similar carry over from 2017.  As demand increases, the cost of homes will continue to climb.  Utah Real Estate is projecting a 7-8% price increase in 2018.  Estimating the median single-family home sale price at $350,000. Check out the full report here.

Sugar House

2018 – 1st Quarter STATS

Area used is 1300 South to 2700 South, from 700 East to 2300 East.

Days on Market

58

%

Up

Number of Sales

102

%

Up

Average Sold Price

$423,057

%

Up

New Listings

111

%

Down

% of New Listings Sold

91.89%

%

Up

New Average Asking Price

$471,345

%

Up

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Salt Lake County

2018 – 1st Quarter STATS

 

Days on Market

47

%

Down

Number of Sales

3731

%

Up

Average Sold Price

$353,577

%

Up

New Listings

5039

%

Up

% of New Listings Sold

74.04%

%

Up

New Average Asking Price

$400,033

%

Up

Want to know the value of your home?

Click Here to find out
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Single family For sale

907 E DEER VISTA E, Draper, Utah 84020

3Bedroom(s)
3Bathroom(s)
7Picture(s)
4,776Sqft
Visits:0
BUILD YOUR DREAM HOME! Ready to customize with your selections. Incredible views in Draper, schedule to start construction soon. You will love the open floorplan of this Caruso Rambler! (2) Master Suites on the main level, 3 bdrm, 3 bath, 3 car Garage, Walkout Basement, 10 year structural Warranty.
$649,990

Single family For sale

10756 S NAVARRO W, South Jordan, Utah 84009

4Bedroom(s)
3Bathroom(s)
3Parking(s)
20Picture(s)
3,050Sqft
Visits:0
Charming Bungalow Cottage that overlooks Spacious grass field with small park and trellis on south end and beautiful view of mountains. Located on one of the most desired streets in Eastlake Village within close proximity to tennis courts, pool, and Eastlake Elementary. Brand new paint in the entire house with real hardwood floors in entry, office and kitchen.
$392,500

Single family For sale

2986 S DREAM WEAVER, Millcreek, Utah 84109

3Bedroom(s)
2Bathroom(s)
11Picture(s)
5,249Sqft
Visits:0
New **Secluded** 8 Lot Subdivision! East Side Salt Lake! **Beautiful Mountain Views **Quite Surroundings **Modern 2-Story **Sleek Lines **Entertainers Dream **Sleek White Cabinets **Black Stainless Steel Appliance Package **Butlers Prep **Over-Sized Island **Dry Bar **Hidden Pantry **3-Sided Glass Fireplace Pass Thru from Lounge to Great Room **Glass Barn Doors Closing off Office area.
$985,000

Single family For sale

152 WILSON, North Salt Lake, Utah 84054

4Bedroom(s)
1Bathroom(s)
4Parking(s)
1,786Sqft
Visits:0
Wonderful starter home. New paint, new tile, new water heater, new carpet, new lighting, and stunning remolded bathrooms. Beautiful kitchen includes Hard surface granite and corian counter tops. Incredible large Redwood deck in back yard. Perfect for entertaining and family gatherings. Great neighbor hood and central location.
$299,900

Single family For sale

7651 S 2375 E, Cottonwood Heights, Utah 84121

3Bedroom(s)
1Bathroom(s)
4Parking(s)
14Picture(s)
1,325Sqft
Visits:0
Desirable area in Cottonwood Heights. Don't miss out; homes in this area do not last long. New flooring throughout ,(Hardwood, Carpet, and Vinyl). New Furnace installed July 2018 (compatible for AC) Master Bath, Separate Laundry area off the kitchen. All Champion windows in 2006. Living room ceiling was re-coated 4 yrs ago. IT IS NOT ASBESTOS.
$369,000

Single family For sale

4440 W 6095 S, Salt Lake City, Utah 84118

4Bedroom(s)
1Bathroom(s)
18Picture(s)
2,544Sqft
Visits:0
Don't miss this Darling home with tons of room. 2544 square feet + 192 square feet enclosed sunroom. Square footage figures are provided as a courtesy estimate only and were obtained from county taxes. Buyer is advised to obtain an independent measurement.
$309,900