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Median Home Prices in Salt Lake City Stabilizing

by Marvin Jensen on May 20, 2009

in Market Conditions, statistics

According to Altos Research, an online statistical graphing company, the median price for homes in Salt Lake City has stabilized during the month of May 2009. See the following graphs below:

median-price-slc1

The median price per square foot is also stabilizing:

median-price-per-sq-ft1

Average days on Market has increased slightly, but still lower than it was the latter part of 2008:

average-days-on-market1

Inventory of homes on the market has come down from a few months ago:

inventory-for-slc1

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