3rd Quarter Statistics For Salt Lake and Surrounding Counties
October 17th, 2007 Categories: Real Estate News
Average price is up in all but a few zip codes. Volume is down and days on market are up. We have cooled somewhat but we are actually in a good market.
You cannot use the info of the talking heads from national TV. Why? Because real estate is local in nature. There are some markets that are hot and some that are depressed and some that are fairly even, like ours.
What people and agents are experiencing is the comparison felling of the not so long ago market. I like to use the speeding car analogy. When you are going really fast and you get use to the speed and then you slow down to the speed limit it feels a lot slower.
If you would like more detailed information please feel free to post and I will get back to you ASAP.
It is in a PDF format.
Click to see report, It is a PDF format.
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