Utah Real Estate Trends - Wasatch County Homes For Sale Statistics for First Half of 2010

Wasatch County homes are selling for 4% less in price so far this year than at the same time last year. Lower prices have attracted only a few more buyers to the Wasatch real estate market for a total of 96 sold single family homes, raising the number of homes sold by 23 compared with the first six months of 2009.  The average sold price for a Wasatch County home was $330,665, which is $89,000 higher than the state average. The current number of homes for sale listed on the market constitute a two year inventory. Wasatch County homes that sold during the first half of the year averaged $108.53 per square foot. It is taking over three months to sell a home that is priced with the market.

Wasatch County condominiums are selling for $150,000  less on average than last year. These low condo prices, averaging only $90,427, offer buyers a significant savings compared with single family homes. Condo prices are lower than the state average by $111,500.  Condos are taking an average of 23 more days to sell than single family homes.

Conclusion:  Low interest rates and high inventory combine to offer buyers who shop around some great bargains.

Wasatch County Homes For Sale Statistics for First Half of 2010