June home sales jumped from May from 3 under contracts to 10! Solds were 5, up one from 4 in May. There are 35 current listings, which gives us a 3.5 month supply of inventory, which technically makes Yalecrest a sellers market, but remember, prices have continued to come down, about 8.4% so far this [...]
Continue reading about June 2010 Real Estate Round Up For Yalecrest
Yalecrest had a great month for sales in May, pending sales were 8. Sales increased from April 2009 which had 1 to May with 8, and increase of by 800%
May Home Sales
May Sales - 2009: 8
May Sales - 2008: 0
Year to Year comparison: N/A
May Median Home Price
May Median - 2009: $390,000 (Average Price: $414,988)
May Median [...]
UPDATE: 2/12/09; 4:41 p.m. MST from Inman News:
According to a summary of the compromise bill released by lawmakers Thursday, the tax credit will still be available only to first-time homebuyers — those who haven’t owned a principal residence in the last three years. But they won’t have to pay it back, as is currently the [...]
Continue reading about $8,000 Tax Credit for first time home buyers
Just released; 4th quarter real state statistics for 2008. This includes the counties of Salt Lake, Davis, Tooele, Utah, and Weber. These are provided by the Salt Lake Board of Realtors and have not been made available to the media as of this posting.
Summary of Results:
Salt Lake County: Median Price; $239,500, down 0.17%
Davis County: Median [...]
Continue reading about Hot off the Press; 4th Quarter Salt Lake City Real Estate Stats
