Tag Archives: condo

December 2017 Washington County Real Estate Market Video Update

December 2017 Washington County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Washington County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Washington County – Single Family Homes: Active inventory was down 20% from 2016 with 894 units on the market and down 8% from the previous month. The median listing price was just under $390,000. The average days on market was down 15% from 62 days in 2016 to 53 days in 2017. The median sales price was just over $310,000. The averages for units sold in the month of November decreased 2% for units sold year over year and decreased 9% month over month with a total of 273 units sold.

Washington County – Condominiums: Active inventory was down 26% from 2016 with 122 units on the market and up 2% from the previous month. The median listing price was just over $210,000. The average days on market was down 13% from 31 days in 2016 to 27 days in 2017. The median sales price was just under $180,000. The averages for the month of November show an decrease of 23% for units sold year over year and 23% decrease over the previous month with a total of 34 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

December 2017 Salt Lake County Real Estate Market Video Update

December 2017 Salt Lake County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Salt Lake County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Salt Lake County – Single Family Homes: Active inventory was down 21% from 2016 with 2,025 units on the market and down 17% from the previous month. The median listing price was $400,000. The average days on market was up 13% from 32 days in 2016 to 36 days in 2017. The median sales price was just over $330,000. The averages for units sold in the month of November decreased 8% for units sold year over year and decreased 15% month over month with a total of 985 units sold.

Salt Lake County – Condominiums: Active inventory was down 5% from 2016 with 595 units on the market and down 14% from the previous month. The median listing price was just under $270,000. The average days on market was down 3% from 33 days in 2016 to 32 days in 2017. The median sales price was just under $230,000. The averages for the month of December show an increase of 8% for units sold year over year and 29% change over the previous month with a total of 287 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

December 2017 Greater Park City Real Estate Market Video Update

December 2017 Greater Park City Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in the Greater Park City area for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Greater Park City Area – Single Family Homes: Active inventory was down 23% from 2016 with 667 units on the market and down 10% from the previous month. The median listing price was $1,690,000. The average days on market was down 25% from 101 days in 2016 to 76 days in 2017. The median sales price was $627,500. The averages for units sold in the month of November increased 5% for units sold year over year and decreased 19% month over month with a total of 96 units sold.

Greater Park City Area – Condominiums: Active inventory was down 19% from 2016 with 389 units on the market and up 3% from the previous month. The median listing price was $950,000. The average days on market was up 26% from 90 days in 2016 to 113 days in 2017. The median sales price was just over $525,000. The averages for the month of November show a decrease of 6% for units sold year over year and an decrease of 36% over the previous month with a total of 61 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update