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Did you know?

Home prices in Utah County are softening for the first time since January 2004. The average Utah County home price is $256,100 in Q4 2007 compared to $254,700 a year ago.

943 Utah County homes sold in Q4 of 2007, compared to 1745 last year. The number of homes sold is seasonally highest during Q3.

The average time for a Utah County home to be on the market in Q4 2007 was 63 days.

   

Utah home sales down, prices up

The Utah Association of REALTORS® has released its 2007 year-end market report, which says Utah home prices were up 11 percent from 2006 to 2007 while year-over-year sales were down nearly 19 percent. The average Utah home price in 2007 was $279,084, up from 2006’s average of $251,413.

   

Utah Real Estate Quick Facts:

  • Utah's homeownership rate in 2005 was 70.6 percent.


  • House price appreciation in Utah has averaged about 7 percent per year over the last five years but has recently accelerated. In the first three quarters of 2006, house prices rose more than 17 percent in the state.


  • As of September 2006, a Utah family earning the state’s median income could afford to buy a home priced 20 percent more than the median sales price in the state. However, at the start of 2005, they could have purchased a home priced 50 percent more than the median price.


  • High housing affordability has kept Utah's homeownership rate above the national rate by an average of about 5 percent for the last five years.


  • Despite Utah’s relatively low housing costs, Utah has a high percentage of buyers who are using nontraditional mortgage products. With 35.6 percent of purchase loans taken out over the first nine months of 2006 being adjustable-rate mortgages, Utah’s ARM share is the 5th highest in the nation.



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    Featured Homes For Sale

    Orem, Utah - Custom Gingerbread Cottage

    Victorian Cottage with 5 bed 3.5 bath in NE Orem for sale. One owner. Quality custom built with remarkable detail. Enchanting landscaping and tucked away in a peaceful neighborhood. Many extras. offered at $589,000. Email for availability at sell@ListingUtah.com
    Click Here for the 90+ Photo Tour!

    Santaquin, Utah - Immaculate home in the new Apple Cove development

    Immaculate two story home, better than new. 4 bed 2.5 bath with room to grow. Very clean. Incredible floor plan with impressive kitchen with stainless appliances. Lots of storage. Fully landscaped on a quiet street. Home warranty included, offered at $269,900. Email for availability at sell@ListingUtah.com
    Click Here for the 30+ Photo Tour!

    Eagle Mountain, Utah - Spotless clean in Willow Springs development

    Well cared for condo with 3 bed 2 bath with storage cubby. You won't find a more clean condo. Great floor plan and less than one year new. Functional kitchen with black appliances and alder cabinetry. offered at $141,900. Email for availability at sell@ListingUtah.com
    Click Here for the 40+ Photo Tour!

    Utah County cities lies in a beautiful valley between the Wasatch Mountains on the east and the Oquirrh Mountains on the west. Utah County is currently experiencing unprecedented growth. It has consistently been ranked in the top twenty best places to live in the nation by Money Magazine and was ranked in the top twenty best places to do business in America by Forbes magazine. The county's close proximity to the mountains allow residents to experience a spectacular landscape and have easy access to skiing, hiking, fishing, and other nature-oriented activities.

    Each Utah County real estate city guide includes general city information, schools, a city website link and the ten best home deals (price per sqft) in that city.

    Link Arrow Alpine Utah Real Estate Alpine Utah Real Estate
    Link Arrow American Fork Utah Real Estate American Fork Utah Real Estate
    Link Arrow Cedar Hills Utah Real Estate Cedar Hills Utah Real Estate
    Link Arrow Draper Utah Real Estate Draper Utah Real Estate
    Link Arrow Eagle Mountain Utah Real Estate Eagle Mountain Utah Real Estate
    Link Arrow Elk Ridge Utah Real Estate Elk Ridge Utah Real Estate
    Link Arrow Highland Utah Real Estate Highland Utah Real Estate
    Link Arrow Lehi Utah Real Estate Lehi Utah Real Estate
    Link Arrow Lindon Utah Real Estate Lindon Utah Real Estate
    Link Arrow Mapleton Utah Real Estate Mapleton Utah Real Estate
    Link Arrow Orem Utah Real Estate Orem Utah Real Estate
    Link Arrow Payson Utah Real Estate Payson Utah Real Estate
    Link Arrow Pleasant Grove Utah Real Estate Pleasant Grove Utah Real Estate
    Link Arrow Provo Utah Real Estate Provo Utah Real Estate
    Link Arrow Santaquin Utah Real Estate Santaquin Utah Real Estate
    Link Arrow Saratoga Springs Utah Real Estate Saratoga Springs Utah Real Estate
    Link Arrow Spanish Fork Utah Real Estate Spanish Fork Utah Real Estate
    Link Arrow Springville Utah Real Estate Springville Utah Real Estate
    Link Arrow Sundance Utah Real Estate Sundance Utah Real Estate
    Link Arrow Woodland Hills Utah Real Estate Woodland Hills Utah Real Estate

     

    ListingUtah.com knows the importance of education. We have fully integrated our Utah County school directory database with your home search. Each school in our database includes a link to the Utah Performance Assessment System for students (U-PASS). Also, included is a link to the school's website. Search for Utah County schools by City, School District, Charter Schools, Public Schools, Private Schools, Elementary Schools, Middle Schools, High Schools, Special Education and Colleges. Identify the school, then search for all listed homes for sale nearby. Or you can find the perfect home, then search for all nearby schools and check out their performance assessment and visit their website.

    Each school guide includes general school information, performance assesment link, a school website link and nearby homes for sale.

    Link Arrow Elementary Schools Elementary School Guide
    Link Arrow Junior High Middle Schools Junior High Middle School Guide
    Link Arrow Senior High Schools Senior High School Guide
    Link Arrow Charter Schools Charter School Guide
    Link Arrow Schools in the Alpine School District Schools in the Alpine School District
    Link Arrow Schools in the Provo School District Schools in the Provo School District
    Link Arrow Schools in the Nebo School District Schools in the Nebo School District
    Link Arrow Special Education Schools Special Education Schools
    Link Arrow Public Schools Public Schools
    Link Arrow Private Schools Private Schools
    Link Arrow Colleges Utah Colleges

     

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    Utah Real Estate News Clips
    Browse articles for the latest news and information about Utah Real Estate.

    Link Arrow 24-April-2008 Rents on the Rise Rents on the Rise
    Link Arrow 7-Sept-2007 Mortgage Market Update Mortgage Market Update
    Link Arrow 24-Aug-2007 Utah Foreclosures Drop Utah Foreclosures Drop
    Link Arrow 24-Aug-2007 Most Affordable Utah Metro Most Affordable Utah Metro
    Link Arrow 17-Aug-2007 Radiant Heating Settlement Radiant Heating Settlement
    Link Arrow 09-Aug-2007 HUD Provides Huge Discount HUD Provides Huge Discount
    Link Arrow 22-Jun-2007 Utah Real Estate Appreciates Utah Real Estate Appreciates
    Link Arrow 22-Jun-2007 Mortgage Calculator Real Estate Mortgage Calculator
    Link Arrow 18-May-2007 Real Estate Fraud Alert Real Estate Fraud Alert
    Link Arrow 07-May-2007 Utah Rents Expected to Rise Utah Rents Expected to Rise
    Link Arrow 07-May-2007 Sales Down, Prices Up Sales Down, Prices Up
    Link Arrow 13-Apr-2007 Foreclosure Down in Utah Sales Down, Prices Up
    Link Arrow 13-Apr-2007 HUD increases FHA mortgage limits HUD increases FHA mortgage limits
    Link Arrow 23-Mar-2007 Utah Appreciates Fastest in Nation Utah Appreciates Fastest in Nation
    Link Arrow 23-Mar-2007 Utah Home Ownership Statistics Utah Home Ownership Statistics
    Link Arrow 25-Jan-2007 Prices Up, Sales Down for 2006 Prices Up, Sales Down for 2006
    Link Arrow 25-Jan-2007 Utah Ranks Ninth in Foreclosure Utah Ranks Ninth in Foreclosure
    Link Arrow 28-Dec-2006 Utah Price Appreciation Forecast Utah Price Appreciation Forecast
    Link Arrow 28-Dec-2006 ARM Handbook Changes ARM Handbook Changes
    Link Arrow 21-Dec-2006 PMI Now Deductable PMI Now Deductable
    Link Arrow 21-Dec-2006 Best Home Remodel Project Best Home Remodel Project
    Link Arrow 29-Sep-2006 Utah Has Lower Closing Costs Utah Has Lower Closing Costs
    Link Arrow 01-Aug-2006 Foreclosure Prevention Hotline Foreclosure Prevention Hotline
    Link Arrow 21-Jul-2006 Harvard Looks at Renters Harvard Looks at Renters
    Link Arrow 26-Jun-2006 No Bubble, Says Harvard No Bubble, Says Harvard
    Link Arrow 12-Jun-2006 Identity Theft Protection Identity Theft Protection
    Link Arrow 12-Jun-2006 Residential Title Problems Rise Residential Title Problems Rise
    Link Arrow 22-May-2006 Environmental Reports Available Environmental Reports Available
    Link Arrow 03-Apr-2006 FHA Loans Less Hassle FHA Loans Less Hassle
    Link Arrow 03-Apr-2006 Utah Housing Market Stays Strong Utah Housing Market Stays Strong

    ListingUtah.com is designed to help you find and purchase or market and sell Utah Real Estate.

     

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