September 2011 Utah County Housing Statistics

Housing StatisticsFor the fourth straight month closed home sales have posted at double digit gain over the prior year. September put us at 19.0% over 2010 closed sales, pushing our year to date at 288 more sales than last year, a 7.6% increase. This trend should continue as pending sales posted a fifth straight month of double digit increase, sitting at 35.6% this September compared to last and YTD we are up 12.7%.

Inventory and new listings continue to decline. September new listings were down 7.5% and YTD we are down 14.5%. This has pushed our total inventory down 19.8% and our months supply of inventory is also down substantially to 8.3 months, a 21.6% decrease from last year at this same time.

Utah County September 2011 Housing Statistics

Utah County Median Sales September 2011

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About utahREpro

Chris is the managing broker for Prudential Utah Elite Real Estate in American Fork, Utah. His passions include spending time with his family, Real Estate, Social Media, traveling, reading, movies, golf, dirt biking and so much more. Chris is a graduate of the National Association of REALTORS (NAR) Leadership Academy as well as the Utah Association of REALTORS (UAR) Leadership Academy. He has served in many capacities in the real estate industry at the national, state and local levels, including: 2013 Treasurer of the Utah Association of REALTORS 2011 President of the Utah County Association of REALTORS (UCAR) 2011 REALTOR of the Year – UCAR NAR Federal Political Coordinator assigned to US Senator Mike Lee 2011 NAR Strategic Planning Committee 2010 – 2013 NAR Public Policy Coordinating Committee 2011 Dean of the LeadershipUAR Program Chris has been a licensed REALTOR in the State of Utah since 2004. He has been recognized both nationally and locally by Prudential and was inducted into their Hall of Fame in 2010.
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One Response to September 2011 Utah County Housing Statistics

  1. 8.3 Months of Inventory!! Good to see that number come way down!

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