MARKET INSIDER MARKET ANALYSIS
HOUSING MARKET TRENDS – SOLD VS. LISTED
Housing Market Trends – Sold Vs. Listed
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyer are willing to pay). By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
HOUSING INVENTORY TRENDS
HOUSING INVENTORY TRENDS • The number of active listings in SALT LAKE CITY (84106) increased by 2.6% from previous month. • The number of sales in September dropped by 90.4% from the previous month
• The median number of days active properties have been listed is 35. • This is significantly shorter than the national average.
PROPERTY OWNERSHIP
PROPERTY OWNERSHIP • The percent of unoccupied properties is very low is SALT LAKE CITY (84106). It is -8.81% below the national average. • The percent of rental properties in SALT LAKE CITY (84106) is 17.51% above the national average which is typical for urban areas.
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