S.L. Home Prices Are Rising

Summary


New jobs and an expanding economy gave Salt Lake-area home prices a boost for the three months ended March 31.

In Salt Lake County, the average sales price of a single-family home rose to $188,484, a nearly five percent increase over $179,674 a year earlier, according to the Wasatch Front Regional Multiple Listing Service, which tracks sales of existing and newly constructed homes listed through a real estate agent. The number of units sold dropped to 2,425 from 2,457, a 1.3 percent decrease.

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S.L. Home Prices Are Rising

Deseret Morning News graphic

Real estate values

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Jim Bringhurst, president of the Salt Lake Board of Realtors, said homebuyers believe the current e...

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