Holladay Condominium Market
Semi-Annual Report:
2009
| Median Condo Price
(Sold) |
$156,000 |
| Average Condo Price
(Sold) |
$185,778 |
| Low Condo Price
(Sold) |
$68,520 |
| High Condo Price
(Sold) |
$530,000 |
| Number of Condos Sold |
96 |
| Average Days on Market Until Sold |
41 |
| Dominate Price Range |
$200,000 - $299,999 |
| Dominate Price Range % of Total |
46% |
________________________________________________________
|
Demand
|
Holladay, UT sold 96
condos over the past
12 months. Condos in
Holladay average 100 days
listed on the market
until sold, ten days
more than the state
average.
|
|
Supply
|
There
are currently 54
condos listed on the market
in Holladay. Supply
is down
significantly from a
year ago. Currently
there is a 7
month supply.
|
|
Price
|
The
average sold
price for a Holladay
condo was
$180,915 in 2009. The median condo
sold price was $168,000.
Condos in Holladay
cost an average of
$2,485 less than the
state average.
|
|
Conclusion
|
Holladay condo
prices continue to
weaken while supply
is also decreasing.
We expect prices to
rise slightly for
2010 due to the
weakening supply. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
2007-2008 Holladay Utah
Condo Statistics
________________________________________________________
Search for Holladay Condos
Barry J. Preusz,
REALTORŪ, Downtown Salt Lake City Condo Specialist,
Equity Real Estate,
7090 Union Park Center, Midvale Utah, 84047
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.com
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