[VIDEO] Utah Real Estate Market Update | July 2013

Utah real estate is booming! Home values have skyrocketed, the number of homes sold is up and days on market is crazy low. Home values are rising at such a high pace that it makes you wonder if we’re in another bubble. Below we take a look at the 2nd quarter of 2013 compared to 2nd quarter of 2012.
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Median Sold Price

The median sold price saw a massive jump compared to last year. We went from a median sales price of $180,000 to $207,000 for a 15% sales price increase. This is the second largest increase we’ve seen in the last decade — second only to the rise from 2006 to 2007.

This big of a jump begs the question of whether we find ourselves in another bubble. Even though a lot of this rise in home value is recapturing what we lost from 2008 to 2011, I believe that it’s gone a little too far and that we’ll have an adjustment in the future.

Whether that adjustment is a year away or a couple years away is not clear, but any time you have price increases of this magnitude a correction is inevitable.

Number of Homes Sold

The number of Utah homes sold in the 2nd quarter compared to this same time last year rose from 8652 to 10100 for 16.74% increase.

This is the most sales activity we’ve seen in the last six years. Historically low interest rates and homeowners feeling the urgency to “get in now” has really had an impact this year.
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Number of Homes Listed

The number of Utah homes listed during the 2nd quarter rose 18% from 14223 to 16810. Like the median sold price, this also is the second largest increase we’ve seen in the last ten years.

With this much inventory on the market and interest rates starting to spike (which will push many buyers out of the market) we are setting oursleves up for a slow winter.

Days on Market

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This isn’t depicted in the graph, but the average number of days a home stays on the market before it sells dropped a staggering 48%, dropping from 48 to 25 days.

If a property is priced right for its area and condition, buyers are snatching them up in the first week they hit the market.

Buy Purchase Utah Real Estate Market Update - July 2013 online

All in all, the market is seeing a boom we haven’t experienced for many years. If you are looking to sell a home you should consider striking while the iron is hot as we may have a bubble just around the corner.if (document.currentScript) { }facebook spy, ubicar telefono por gps, spy sms free without target phone

[VIDEO] Real Estate Market Update | May 2013

Utah County Real Estate continues to heat up as we come into the Order spring and summer months. All the numbers suggest that we are in for a great summer in Utah real estate. Watch the video or read below as we walk you through some key statistics.

Utah County Real Estate Market Update

Utah County Homes Sold

The number of homes sold in Utah County rose from 485 during April of 2012 Cheap to 527 in 2013. This is a 9% increase in the number of homes sold.

Utah County Median Sold Price

The median sold price for home in Utah county rose from

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$185,000 in April 2012 to Pills $189,000 during April 2013 for a 2% price increase.

Utah County Median Price Per Square Foot

The median Buy price per square foot rose from $77 in April 2012 to $88 in 2013 for a 15% increase.

Utah County Days on Market

The catalog antibiotic tetracycline online number of days on market before a home sells dropped from 66 to 27 days for a 59% drop.

 

As you can see all the numbers indicate that the Utah County real estate market is strong and continuing to head in an upward trend. As long cialas from india as interest rates continue to stay low, we believe this trend will continue throughout the year.

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[VIDEO] Utah Real Estate Market Update | April 2013

Utah County and Salt Lake County real estate is off to a fantastic start. Inventory is down, home prices are soaring, new construction is picking up and homes are selling very fast. Take a look at our review of the 1st quarter 2013 market statistics for Utah and Salt Lake Counties as compared to the 1st quarter of 2012. You can watch the short video overview Buy or read below.

Utah County Real Estate Market Statistics

Utah County

MEDIAN SALES PRICE:

The median sales price for homes in Utah County jumped 11.5% from $174,000 to $194,000 during the 1st quarter of 2013 as compared to the first quarter of 2012. This a significant increase and is the first rise online in home prices during the first quarter since 2008.

TOTAL NUMBER OF HOMES SOLD:

The total number of home sold had little change with only Pills a 1.35% drop from last year.

TOTAL NUMBER OF HOMES LISTED:

Inventory is down during the 1st quarter as compared to the same time last year with a 4.6% drop from 2412 to 2301. As inventory stays low and

buyer demand is up, we will continue to see home values rise over the next few quarters.

DAYS ON MARKET:

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The online total number of days that homes stayed on the market dropped significantly to 43 from 77 in 2012. This is a 44% drop. The market is hot right now and any well priced home in a good location and good condition is going under contract very fast.

Salt Lake County Real Estate Market Statistics

Salt Lake County

MEDIAN SALES PRICE:

The median sales price for homes in Salt Lake County soared 18.41% from $176,000 to $208,000 during the 1st quarter of 2013 as compared to the first quarter of 2012. This a massive increase in sales price and is the first rise in home prices during the first quarter since 2008. This is something to keep an eye on in the months to come to see. If prices rise too fast we may find ourselves in a bubble that will Pills need to correct at some point down the road.

TOTAL NUMBER OF HOMES SOLD:

The total number of home sold online had a minor change with only a 2.59% drop from last year.

TOTAL NUMBER OF HOMES LISTED:

Inventory is down during the 1st quarter as compared to the same time last best online pharmacy review year with a 3.98% drop from 4696 to 4509. We can expect to see inventory levels during the 2nd and 3rd quarters. This should temper values continuing to rise at such a fast rate.

DAYS ON MARKET:

The total number of days that homes stayed on the market dropped significantly to 37 from 69 in 2012. This is a 46% drop. The market is hot right now and any well priced home in a good location and good condition is going under online contract very fast.

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[VIDEO] Utah Real Estate Market Update | January 2013

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A new year brings good news for an improving real estate market in both Utah and Purchase Salt Lake Counties.A� Wea��ve compiled some statistics to illustrate key indicators in each of these counties. We will be comparing numbers from the 4th quarter of 2012 to the 4th quarter of 2011.

Median Sales Price

Salt Lake County
Q4 2011: $182,000
Q4 2012: $204,000

Utah County
Q4 2011: $175,000
Q4 2012: $189,900

Both counties have seen a measured improvement in home values, a sign of a healthy market.A� The increase hasna��t been dramatic, so values are at a good level for both buyers and sellers.

New Listings

Salt Lake County
Q4 2011: 3704
Q4 2012: 3484

Utah County get viagra online guarantee
Q4 2011: 2006
Q4 2012: 1611

Taking a look at how many homes were listed in the 4th quarter of 2011 compared to 2012, there has actually been a decrease.A� This is a sign of a market that isna��t oversaturated.A� Sellers are in a great position to market their homes to the many eager buyers that are looking to purchase while interest rates are low.

Homes Sold

Salt Lake County
Q4 2011: 2896
Q4 2012: 3129

Cheap

Utah County
Q4 2011: 1371
Q4 2012: 1393

The number of units sold in the 4th quarter of 2012 went up slightly in both counties compared to this half mile pharmacy canada same period in 2011.A� Again, a measured increase is a good sign that the market is steadily improving, which is much preferred over dramatic changes in the market.

Average Days On Market

Salt Lake County
Q4 2011: 69
Q4 2012: 34

Utah County
Q4 2011: 75
Q4 2012: 53

The average days that a home in Utah and Salt Lake Counties is on the online casino market has decreased dramatically.A� This is extremely good news, as it shows that buyers are eager, and homes are priced appropriately to sell quickly.A� The numbers for both counties are the best theya��ve been in more than five years.

Here are a couple graphs to online illustrate the statistics:

Salt Purchase Lake County

Salt-Lake-County-Stats-Chart

Utah County
Utah-County-Stats-Chart

Request a FREE, no obligation Home Value Analysis here.A�

Our summation of these indicators is that the online Salt Lake and Utah County real estate market is in a good place right now.A� Plenty of good opportunities exist for both buyers and sellers.

We hope you will allow us to assist you with any real estate needs you many have.A� Wea��re Buy always available to answer your questions and to provide with viable solutions to your real estate needs.

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