February 03, 2009
January 2009 Northern Utah Sales Data
In order to determine when the housing rebound will occur, we need to keep track of the unit sales data, new listing, and monitor the price of homes to see when they begin to move up again. We will try and give you this information in the first week of the following months. Here are January, 2009 results.
- Unit Sales are the number of properties closed in the month.
- Median Price is the middle number of the range of homes sales.
- Average Price is the just that, the average of all homes sold.
- DOM is the Days on the Market needed to sell the home.
- New Listings are the number of new listings added in the month
- Total Listings are the aggregate of all the listing currently on the market.
- Month of Inventory is the number of months it will take to clear the current inventory based on the current sales rate.
Posted By: 
Steve Randall
Tagged With:
housing rebound
and northern utah sales data
Bookmark or Share
">
Leave a Comment