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Condo Sales Report – Utah County 2007
Sales Trends for Condos in
Utah County
December 31, 2007
 Condo sales in Utah County reached 1,291 sold in
2007. The average days a condo remained on the
market until sold was 51 days. On December 31, 2007,
there were 568 condos currently active on the market
with an average market time of 98 days. The median
condo price is $184,900 while the average condo
price is $220,426.
The upper 10% of the condo market falls in the price
range above $300,000. Currently there are 58 condos
priced in the upper tier. There were a total 38
condos sold in 2007 in the upper tier.
In the charts
below, the number of condos sales on the market, the
number of new condo listings, the average price
sold, the average price listed and the average days
a condo is listed on the market until sold are
displayed:
|
Price Class |
Condo Sales |
* New Listings |
|
|
|
|
$0 - $49,999 |
0 |
29 |
|
|
$50,000 - $74,999 |
3 |
12 |
|
|
$75,000 - $99,999 |
43 |
67 |
|
|
$100,000 - $119,999 |
53 |
75 |
|
|
$120,000 - $139,999 |
271 |
498 |
|
|
$140,000 - $159,999 |
263 |
798 |
|
|
$160,000 - $179,999 |
209 |
999 |
|
|
$180,000 - $199,999 |
182 |
1,373 |
|
|
$200,000 - $219,999 |
109 |
1,177 |
|
|
$220,000 - $239,999 |
72 |
1,417 |
|
|
$240,000 - $259,999 |
29 |
1,167 |
|
|
$260,000 - $279,999 |
12 |
1,095 |
|
|
$280,000 - $299,999 |
7 |
950 |
|
|
$300,000 - $349,999 |
8 |
1,668 |
|
|
$350,000 - $399,999 |
16 |
1,342 |
|
|
$400,000 - $449,999 |
8 |
821 |
|
|
$450,000 - $499,999 |
3 |
721 |
|
|
$500,000 - $749,999 |
2 |
1,544 |
|
|
$750,000 or Over |
1 |
663 |
|
|
Total Units |
1,291 |
16,416 |
|
|
Average Price |
$172,283 |
$342,138 |
|
|
Dollar Volume |
$222,418,367 |
$5,616,551,217 |
|
|
* Figures in the "New Listings" column
are based upon the listing price of each
property. All other data is based upon
property's selling price. |
|
|
Days on Market |
|
1 - 30 |
2,415 |
|
31 - 60 |
1,349 |
|
61 - 90 |
737 |
|
91 - 120 |
438 |
|
121 or Over |
575 |
|
Average |
51 |
|
Days on Market
is calculated by counting
the days between the Listing
Date and the Contract Date
(the date the home goes
under contract). |
|
|
Source: WFRMLS and
condosUtah.com.
Information deemed reliable buy not guaranteed.
Utah Condominium Resources
Search Utah Condos - Current condominium listing in Utah.
Search Utah Townhouses - Condo Townhouses for sale in Utah.
Search Sundance Ski Condos - Ski Condominiums for sale in Sundance.
Provo Condos For Sale - Condominiums in Provo, Utah Trends
Orem Condominiums For Sale - Orem, Utah Condo Report
Spanish Fork Condos - Condominiums for sale in Spaninsh Fork, Utah
American Fork Condos - Condominiums for sale in American Fork, Utah
Pleasant Grove Condos For Sale - Condominiums trends in Pleasant Grove, Utah
Saratoga Springs Condominiums For Sale - Condo update for Saratoga Springs, Utah
Utah Condo REALTOR - Residential real estate specialist for Utah condominiums.
Salt Lake City Map
Barry J. Preusz,
REALTORŪ, Downtown Salt Lake
City Condo Specialist,
Equity Real Estate,
7090 Union Park Center, Midvale
Utah, 84047
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