MyMarketPulse (mymarketpulse.com) has unveiled its analysis for August 2024, focusing on the property market trends in Salt Lake County, Utah.
According to the latest data, Salt Lake County’s Median Sale Price was pegged at $599,450, showing a decrease of 7.1% from the preceding month and a rise of 0.7% from the year before.
The area witnessed the sale of 707 homes during this period, which is a 5.7% decrease from the preceding month and a decrease of 7.9% compared to the same timeframe last year.
Furthermore, homes in Salt Lake County were on the market for an average of 37 days before selling, reflecting an increase of 5 days days month-over-month and an increase of 9 days day year-over-year.
With a Market Pulse Score of 108, the analysis suggests a rising trend in Salt Lake County’s housing market momentum.
For more information about the Salt Lake County, Utah market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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