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.
Fourth Quarter, 2011, Salt Lake County Home Sales Rise 18% over 2010
February 2, 2012 by · Leave a Comment
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 householdincome 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.”
Source: Salt Lake Board of REALTORS®