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  • Salt Lake County Condominium 2nd quarter 2010 real estate sales

    Posted on July 7th, 2010 admin No comments

    These numbers are for the entire county which includes all of the cities, townships, and unincorporated suburbs.  The median price of condominiums held steady since last quarter at $164,000.  This statistics uses 592 sales and should be viewed as a general trend for this part of the state and not applied to any one specific location.  The peak value for this category was set in the 1st quarter of 2008 at $178,000.
    Salt Lake county condo sales 2007-2010 2nd qt
    Salt Lake county condo sales 1996-2010 2nd qt

    Using sales data from the previous six months gives an absorption rate of 160 closings per month and a theoretical inventory of 12 months.

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