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

Want to know the value of your home?

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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

208 800, Salt Lake City, Utah 84102

2Bedroom(s)
1,050Sqft
Visits:7
2 bedrooms, 1 bathroom, on site laundry, off street parking, newer swamp cooler, ceiling fans, tile floors, hardwood floors in living area, radiator heating, gas paid, 14-unit building, newer windows, gas range No pets, no smoking Available now $1095 rent $900 deposit 208 South 800 East #9 Davidson Realty, Inc. 801-466-5078 Email: info@dripm.com Please visit www.dripm.
$1,095

Single family For sale

1029 400, Salt Lake City, Utah 84111

1Bedroom(s)
700Sqft
Visits:7
1 bedroom, 1 bath, main floor unit in 4-plex building, secured common door, swamp cooler, tile floors, on street parking only No pets, no smoking Available now $850 rent $700 deposit Davidson Realty, Inc. 801-466-5078 1029 South 400 East #2 This unit does NOT have dishwasher, hookups or on site laundry Parking is on street only, have to park on 400 East Email info@dripm.
$850

Single family For sale

11212 CRESENT ELM, Sandy, Utah 84070

3Bedroom(s)
3Bathroom(s)
21Picture(s)
2,351Sqft
Visits:8
Call or Text (801) 703-6401 Email Send Message **Available anytime in July 2019 or August 1st with 3, 4, 5, or 6 month short term lease options** (3 month lease option is more at $2,450/month. The 4, 5, or 6 month lease options are $1,995/month). The home comes FULLY FURNISHED; however, some (not all) of the furnishings can be moved to the basement if you prefer to use your own.
$1,995

Single family For sale

2029 LINCOLN, Holladay, Utah 84124

5Bedroom(s)
3Bathroom(s)
4Picture(s)
4,494Sqft
Visits:2
$1,089,000

Single family For sale

2707 ALDEN, Salt Lake City, Utah 84106

2Bedroom(s)
2Bathroom(s)
17Picture(s)
1,716Sqft
Visits:7
This is an immaculate "little" cottage. bedrooms are small due to age.
$1,500

Single family For sale

9172 RENOIR, Cottonwood Heights, Utah 84093

4Bedroom(s)
3Bathroom(s)
20Picture(s)
3,947Sqft
Visits:4
Enjoy this stunning 2-story in our BRAND NEW community off Wasatch Blvd. We are just minutes away from 4 ski resorts and offer in community access to hiking and biking trails. The Seine features an open floor plan with plenty of room for entertaining family and friends. Enjoy time around your large kitchen island with Whirlpool stainless steel appliances, granite countertops and maple cabinets.
$712,956