This graph shows the average price of homes sold over the past nine years. The red line indicates a 4% appreciation rate.
Home prices have come way down and there are a lot of deals to be had and. It's a great time to buy Utah Valley Real Estate.
A few interesting Real Estate Sales Numbers for Utah County
2009 hasn't started of very well for Utah County Real Estate. January had the lowest single month of home sales in 9 years with only 207 residential homes sold.
While home sales were down, the average price of homes sold was actually up. This is probably in large part because some of the really huge Utah County homes are actually selling now that the prices are dramatically less. January had the highest average square footage for homes sold ever. This graph shows just how much average square footage of homes sold has jumped. The interesting thing is that the price per square footage is going down, while the average sold price is staying pretty consistent. These graphs show the last nine years of home sales stats broken down by month.
1 comment • Alan Barker - Utah Homes • February 10 2009 11:59PMComments
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Alan
It's picking up by you
Sincerely
Tom Braatz