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  • Upper Avenues 2nd quarter 2010 real estate sales

    Posted on July 6th, 2010 admin No comments

    Given that last quarter’s high median price was based on only three sales, I’m going to call this quarter’s number of $515,000 more of an upward trend with 9 sales.  Take a look at the graph and see if you don’t agree.  The  median price for this neighborhood high above Salt Lake City was  $665,000 three years ago.
    Upper Avenues sales 2007-2010 2nd qt
    Upper Avenues sales 1996-2010 2nd qt

    Sales data from the last six months shows an absorption rate of 2 homes per month and an inventory to last 14 months.

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