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   Home > > Utah Real Estate News & Trends > > February_2007_News
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Utah Real Estate News & Trends


February 27, 2007

 

South Jordan, Utah Real Estate Market Trends

South Jordan's real estate market is slowing down; however, home sellers are getting over 99% of their asking price. The average difference between the sales price and the listing price is $2,277. The average sales price in South Jordan is approaching $350,000.

The chart below displays 14-months of real estate transactions in South Jordan.

Total Property SOLD (Jan 2006 - Feb 27 2007)

855

Average Listing Price

 $       352,178

Average Sale Price

 $       349,901

Percent of Ave Listing to Sale Price

99.35%

Average Difference of Listing Price to Sale Price

$         ( 2,277 )

Percent Financed with Cash

6.01%

Percent Financed with Conventional

87.21%

Percent Financed with FHA

3.71%

Percent Financed with VA

0.38%

Percent Financed with Other

12.02%

Average Square Feet

             3,420

Average Dollars Per Square Foot

$102

Average # Bedrooms

4

Average # Baths

3

Average Days on Market

38

 

 Source: Wasatch Front Regional MLS, This information is deemed to be reliable, however WFRMLS does not guarantee accuracy.

 

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More Utah Real Estate Market Reports

 

 

South Jordan Real Estate Trends - February, 2007

Property That Sells In Salt Lake County - March, 2007

National & Utah Real Estate Trends - April, 2007

Salt Lake and Utah County Housing Market - May, 2007

Utah Real Estate Trends for 2007 - June, 2007

Top Utah Home Builders - June, 2007

Utah Real Estate Market Sales - July, 2007

South Jordan Utah Home Market Trends - August, 2007

Ten Year Real Estate Trends for Salt Lake County - September, 2007

Salt Lake County Real Estate Trends - October, 2007

Home Sales Trends in Utah - November, 2007

Utah Home Market Trends Favor Buyers - December, 2007

Utah Home Market Statistics for 2007 - January, 2008

 








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