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9th & 9th 2nd quarter 2010 real estate sales
Posted on July 6th, 2010 No commentsBy the end of June the median price in this popular Salt Lake City neighborhood had dropped again after a uptick last quarter. The new number is $229,000. The highest median price was set in the 2nd quarter of 2008 at $317,000. That may have been an anomaly as most areas peaked in early 2007 when the median price would have been $305,000.
Click here to see sales since 2007.
Click here to see sales since 1996.Based on sales data for the last six months this area has an absorption rate of 2.7 homes sold per month which gives an inventory of 5.6 months. Conventional wisdom would place this as a balanced market for the 9th & 9th.
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martinis in the attic
All the drama, pathos, and comedy that is real estate in Salt Lake. A crisp mix of fact and folly served straight up with a twist from mixologist and licensed Realtor, Brad Dundas. Never too dry but occasionally bitter.
About me
Brad is a Salt Lake Realtor who has been schlepping buyers and schmoozing sellers since 1992. Sticking signs and foisting flyers up and down the Wasatch Front. From the Harvard Yale to Herriman, Capitol Hill to Copperton, Millcreek to Magna, Avenues to… Well, you get the idea (and the search engines get the key words).