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Salt Lake City’s July Real Estate Stats

August 17th, 2008 Categories: Real Estate News

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July’s volume is down some, which is fairly normal for July to be lower than June. Only three times since 1996 has July’s volume been higher than June’s, 1996, 1997 and 2003 so we are not seeing anything that is not normal.

  

Month

# of Homes

Jun ‘96

933

Jul ‘96

979

Jun ‘97

886

Jul ‘97

983

Jun ‘03

1,244

Jul ‘03

1,354

This June we had 986 # of homes close compared to July’s 1,119 closings. The average sale price dropped $5,000 from $277,000 to $272,000. Typically August closings are slightly higher than July’s we will keep an eye on that.

This entry was posted on Sunday, August 17th, 2008 at 5:00 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  1. Joni Raymond said at November 12th, 2008 at 3:48 pm

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