News – Page 2 – Salt Lake Board of Realtors

Q1 Housing Report

Too Many Home Buyers and Not Enough Sellers SANDY (April 27, 2017) – Tight inventories resulted in falling home sales across the Wasatch Front in the first three months of 2017 compared to the same period a year earlier, according to the Salt Lake Board of Realtors®. In the first quarter, sales of single-family homes […]

Seller’s Market

Battling for a Home in Salt Lake’s Seller’s Market SANDY (March 29, 2017) – The spring home buying season has already started and demand for homes is strong along the Wasatch Front, where a roaring economy and high net in-migration are making the home buying process a bit like going into battle, according to Troy […]

Home Prices Reach Record High

Salt Lake Home Prices at Record High SANDY (Oct. 31, 2016) – The price of a single-family home in Salt Lake County has now surpassed the inflation-adjusted peak home price, which was reached prior to the Great Recession, according to the Salt Lake Board of Realtors®. Single-family home prices in the third quarter of 2016 […]

More Million-Dollar Home Sales

Million-Dollar Home Sales Climb 32% SANDY (Aug. 15, 2016) – The Wasatch Front’s surging economy and strong housing market is boosting the sale of million-dollar homes. In 2015, there were 169 homes sold above the million-dollar mark along the Wasatch Front (Salt Lake, Davis, Tooele Utah, and Weber counties), a 32 percent increase from 128 […]

Condo Sales Surge

Single-Family Sales Fall; Condo Sales Surge SANDY (July 29, 2016) – The Salt Lake Board of Realtors® today reported a drop in the number of single-family homes sold in Salt Lake County in the second quarter of 2016, while sales of condominiums showed a double-digit percent increase. Sales of single-family homes in the most recent […]

Christmas in July

It’s Christmas in July! SANDY (July 13, 2016) – The Salt Lake Board of Realtors® will hold its annual Christmas in July event at The Road Home Midvale Family Shelter on Friday, July 15 from 8:45 a.m. to noon at 529 West 9th Avenue (7300 South) in Midvale. This year nearly 300 people (more than […]

Housing Inventory Shrinks

Housing Demand is Strong, but Inventory Shrinks SANDY (April 28, 2016) – The Salt Lake Board of Realtors® today reported fewer single-family homes were sold in Salt Lake County in the first quarter of 2016, while sales of condominiums increased. “Demand for housing is strong, but a limited supply of housing inventory pushed sales down,” […]

No. 1 Trendiest City

Salt Lake City is No. 1 Trendiest City SANDY (March 28, 2016) – Salt Lake City was named the No. 1 “Trendiest U.S. City Where You Still Can Afford to Buy a Home,” according to a survey this month by Realtor.com. The survey tracked 500 U.S. cities and looked at six areas: Number of foodie […]

Residential Sales to Rise

Salt Lake Home-Condo Sales to Rise SANDY (Feb. 5, 2016) – The Salt Lake Board of Realtors® today reported 13,323 existing single-family homes were sold by Realtors® in Salt Lake County in 2015, the highest level in nine years and the third highest in the county’s history. Only the pre-recession years of 2005 and 2006 […]

Home Sales Flat; Condo Sales Rise

Home Sales Flat; Condo Sales on the Increase SANDY (Jan. 27, 2016) – The Salt Lake Board of Realtors® today reported home sales in Salt Lake County in the fourth quarter showed a modest increase, but slowed compared to previous quarters. There were 2,899 single-family homes sold in the final three months of 2015, a […]