Thursday, June 11, 2009

Utah County Total Number of Homes Sold at a Five Year Low

Fewer homes were sold in Q1 2009 in Utah County than any quarter within the last 5 years, and the average price for a home is still dropping, so where does that leave us? As you can tell from the blue line in the chart below, the median price declines are gradual and not nearly as drastic as the run up in prices that occurred before Q2 2007. Now is still a great time to pick up a good deal and I believe we will see a rebound in prices within just a few quarters.

This chart can be narrowed down to a more specific area, or home feature (age, size, bedrooms, etc...) Let me know if I can do some research for you.

1 comment:

Anonymous said...

Howdy just wanted tto give you a quick heads up. The text iin your article seem to be running off the sfreen in Opera.
I'm not sure if this is a format issue or something to do with internet browser compatibility
but I thought I'd post to let yoou know. The style and design look great though!
Hope you get the probblem resolve soon. Kudos

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