Reported by Tom Winand, Real Estate Broker Spotted Home LLC, E-Home Marketing Specialist
Updated December 1, 2009.
Current Market Rating: 2
1
2
3
4
5
Buyer's
Seller's
Current Price Trend: 2
1
2
3
4
5
Falling
Rising
Looking at the reality of Statistics of Price Per Square Foot we are seeing a consistent drop of 1% a month in most of sale lake but in some areas of the county you see them holding value more. To see the whole picture visit http://www.realtyasis.com/salt-lake-homes/ You can see if your a seller you'll need to come up with a plan that allow your home to be seen by the buyers in the market. Go to my Blog post on Pricing your home to sell in our market http://www.realtyasis.com/creating-the-market-price-study-for-homes-for-sale-in-salt-lake/.
Location Characteristics: The more established neighborhood are more desirable living like the Avenues Hit there high Price per Squre Foot Oct 2007 $189 PSQFT to May 2009 $175 PSQFT or a 7% drop. Salt Lake Fort Douglas area Oct 2007 $186 PSQFT May 2009 $139 PSQFT only a 25% drop. Down town Salt Lake July 2007 $170 PSQFT May 2009 $143 PSQFT 15% decline. The Sugar House area between 1800 S. and 2800 S. above 800 E. To 2000 E. went from $167 PSQFT June 2007 to May 2009 $141 PSQFT, Only a 15% decline in price per sqft.
About Tom Winand:
At Realty As Is our mission is to bring forth an evolution in the Real Estate Industry by providing exceptional knowledge, options, and value to our customers. I am a real estate broker that is providing the best programs to buyers and home sellers. We provide the best MLS search, discount or no fee mortgages and home buyers rebates. Sellers receive low flat fee listings or no fee buy form me sell free listing. We create a strategic marketing plan providing massive internet exposure; we are transforming the home buying process. Our revolutionary buyer and selling programs, our breakthrough home marketing plan will transform the industry! We also have raised the bar in marketing and selling effectiveness. We are the most technology friendly real estate company and we realize that there are specific tools that make a difference in your home selling, especially in today’s market. We couple our strategic marketing plan with massive internet exposure. We know this is the best way to sell a home in today’s technology driven housing market. We believe our philosophy combined with services is simply the best package at the best price for home seller and buyers.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
