News / Utah / 

Existing home sales decline

Existing home sales decline

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

SALT LAKE CITY (AP) -- A new report says existing home sales along the Wasatch Front fell sharply last month compared with a year ago.

The Utah Association of Realtors says the volume of homes sold decreased 16.5 percent from October 2007 to October 2008 in Salt Lake, Davis, Utah and Weber counties.

In Salt Lake County, home sales dropped 19.4 percent from October 2007 to October 2008. In October 2008, 822 single-family homes and condominiums were sold, compared with 1,020 properties in October 2007.

October 2008 sales were down 20.7 percent from the 1,036 sales in September.

The Salt Lake County median sales price in October was $228,450, down slightly from the median of $230,000 in October 2007, but up 3.7 percent from $220,375 in September.


Information from: Deseret News

(Copyright 2008 by The Associated Press. All Rights Reserved.)

Most recent Utah stories

Related topics



Catch up on the top news and features from, sent weekly.
By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

KSL Weather Forecast