Press Release
For Immediate Release - 01/26/2012
For further assistance:
Donna Pozzuoli
President
801.580.8152
donnap@pru-utah.com
Dave Frederickson
President Elect
801.598.2277
brokerdave@kw.com
President
801.580.8152
donnap@pru-utah.com
Dave Frederickson
President Elect
801.598.2277
brokerdave@kw.com
Fourth Quarter Home Sales Rise 18%
Sales of previously-owned single-family homes in Salt Lake County in the fourth quarter were up 18 percent compared to the fourth quarter of 2010, according to the Salt Lake Board of REALTORS®. The number of single-family homes sold in Salt Lake County in the October-November-December period totaled 2,330 sales compared to 1,972 home sales during the same period a year ago.
More people purchased single-family homes in the Kearns/Taylorsville area (ZIP code 84118) in the fourth quarter than any other ZIP code along the Wasatch Front. Lehi (84043) ranked No. 2 in the most single-family homes sold at 148 sales. South Jordan ranked No. 3 at 133 sales. Farr West (131 sales) and Clearfield (119 sales) rounded out the top five highest sales areas.
“Seven in 10 homes in Salt Lake County are now affordable when measured against Utah’s median household income of $57,000 ,” said Donna Pozzuoli, President of the Salt Lake Board of REALTORS®. “We project home sales this year to rise another 15 percent to 20 percent over 2011 levels.”
More people purchased single-family homes in the Kearns/Taylorsville area (ZIP code 84118) in the fourth quarter than any other ZIP code along the Wasatch Front. Lehi (84043) ranked No. 2 in the most single-family homes sold at 148 sales. South Jordan ranked No. 3 at 133 sales. Farr West (131 sales) and Clearfield (119 sales) rounded out the top five highest sales areas.
“Seven in 10 homes in Salt Lake County are now affordable when measured against Utah’s median household income of $57,000 ,” said Donna Pozzuoli, President of the Salt Lake Board of REALTORS®. “We project home sales this year to rise another 15 percent to 20 percent over 2011 levels.”
About the Salt Lake Board of REALTORS®
The Salt Lake Board of REALTORS® is the Wasatch Front’s voice of real estate and the No. 1 source for housing market information. Established in 1917, the Salt Lake Board of REALTORS® is a leader in protecting private property rights and assisting its members to better serve the public through training, advocacy and a professional code of ethics. With nearly 6,000 members, the Salt Lake Board of REALTORS® is Utah’s largest real estate trade association of 14 local associations that make up the Utah Association of REALTORS®.
Copyright 2012. Salt Lake Board of REALTORS®. All Rights Reserved. Privacy.
