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Salt Lake City Home Prices Up 11% in Third Quarter |
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Home prices in Salt Lake County showed double-digit gains in this year's third quarter, according to the Salt Lake Board of Realtors.
For the July-August-September period, the median single-family home price in Salt Lake County increased to $218,000, up 11 percent compared to a median price of $197,000 in the third quarter 2011. The third quarter marked the second consecutive quarterly price increase in Salt Lake County (home prices in the second quarter increased 6 percent year-over-year). It was the first time in five years that home prices increased in a third quarter.
"Salt Lake City ranks among the top 25 major U.S. cities showing the biggest home-price increases," said Donna Pozzuoli, president of the Salt Lake Board of Realtors(R). "In fact, this year is the first time in five years Salt Lake home prices have made a comeback."
At Gay Realty Watch, we look for news to share with you about the gay real estate market - both lgbt real estate news and news specific to gay and lesbian real estate meccas.
See the Full Story at UtahPolicy.com
Click here for gay realtors, mortgage lenders, and other real estate professionals in Utah.
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Published on:
November 10, 2012
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