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Sugarhouse 2nd quarter 2010 real estate sales
Posted on July 7th, 2010 No commentsAnd we have a winner. Sugarhouse has always been a popular Salt Lake City neighborhood and this quarter’s numbers prove it with a continuation of the price recovery which started late last year. The median price here is now $273,000 only off 9% from a peak value of $298,000 set in the 1st quarter of 2008. Home sales are up as well with 60 closings this quarter.
Sugarhouse sales 2007-2010 2nd qt
Sugarhouse sales 1996-2010 2nd qtUsing sales data from the previous six months gives an absorption rate of 16.7 home sales per month and an inventory of 10 months. Still a buyer’s market.
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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).