In the News

February Home Prices At 2006 Levels

KSTU-FOX News reported that the median home price in Salt Lake County in February fell to $180,000, down 13 percent compared to a median price of $206,500 in February 2010. February's median home price was the lowest on record since January 2006.

There are roughly 7,000 existing homes listed for sale in Salt Lake County, down 14 percent compared to more than 8,100 listings in February 2010. Based on current home sales trends over the past 12 months, there is approximately a 9-month supply of existing housing inventory in Salt Lake County.