August 10, 2009
Are Unit Sales Increasing in Northern Utah?
It is always nice to have market statistics to help us judge if there is a shift taking place in the area that you live in. Our Board REALTOR® magazine called “The Voice” recently published unit sales statistics by zip in Northern Utah. Units sales increased overall in Northern Utah by 11% from May to June of this year. That is positive news given the large amount of inventory we currently have. The good news for sellers is that the average price increased 5% from $212,859 in May to $223,632 in June. This is a hefty increase for one month but it makes sense as many who are moving want to be in by the time school starts. These numbers, if they continue, will show that the bottom of the market was in the summer of 2009. A slow rise is expected over the next six months.
For details about each zip code in Northern Utah please click here. See how your local neighborhood did!
Posted By: 
Steve Randall
Tagged With:
average home price increasing,
bottom of the market in utah,
current real estate market,
northern utah real estate
and the voice magazine
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