Published December 11, 2020
Utah Real Estate Market November 2020
Emily Hayes Homes is holding its 6th annual winter coat drive! This year we have a goal of collecting 200 gently used coats, and for each coat, we collect, we are donating 10 meals to children through Guatemalan Humanitarian Tours!
Our goal is to provide 2,000 meals to children in need and we need your help to reach that goal!
Thank you to everyone who has donated so far! Our team is so lucky to be surrounded by kind-hearted people! The homeless of SLC will be a little warmer this season.
Below are our housing stats updated on Salt Lake, Utah, and Davis County for November. The market is still hot with 100% of listed homes sold. This is due to low-interest rates and less inventory.
1) Salt Lake County - November
? Sales Volume: $664,484,997.00 in 2020 vs. $530,307,497.00 in 2019
? Median home sale price $392,000.00 in 2020 vs $345,000.00 in 2019
? Cumulative Days on Market: 9 in 2020 vs. 31 in 2019
? Home sale count: 1,469 in 2020 vs. 1,370 in 2019
? Price per sq. ft $186.56 in 2020 vs. $161.06 in 2019 –a difference of $25.50 per sq. ft.
? Median list to sold price 101% in 2020 vs. 97% in 2019
2) Utah County – November
? Sales Volume: $351,767,987.00 in 2020 vs. $289,098,122.00 in 2019
? Median home sale price: $379,000.00 in 2020 vs. $335,000.00 in 2019
? Cumulative Days on Market: 7 in 2020 vs. 36 in 2019
? Home sale count: 821 in 2020 vs. 771 in 2019
? Price per sq. ft: $157.67 in 2020 vs. $137.25 in 2019 – a difference of $20.50 per sq. ft.
? Median list to sold price 102% in 2020 vs. 98% in 2019
3) Davis County – November
? Sales Volume: $170,136,405.00 in 2020 vs. $140,977,650.00 in 2019
? Median home sale price $385,000.00 in 2020 vs. $330,000.00 in 2019
? Cumulative Days on Market: 6 in 2020 vs. 27 in 2019
? Home sale count: 405 in 2020 vs. 408 in 2019
? Price per sq. ft $168.72 in 2020 vs. $138.30 in 2019 –a difference of $30.50per sq. ft.
? Median list to sold price 100% in 2020 vs. 97% in 2019
These numbers only account for homes that were sold on the Multiple Listing Service so much of the new construction is not factored in.
Let us know if you have any questions about these numbers or have any other real estate questions that I can answer, I am always here to help!
