-
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.
Leave a reply
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.