Draper Utah Homes For Sale In Salt Lake City-Report 8/13/09

Don't consider even looking at Draper Utah homes for Sale In Salt Lake City , until you have read this report. Whether you are an investor, or just a home buyer looking for that perfect home for your family you need information about the market.

National articles and Real Estate statistics about what homes are selling for in various parts of the country are interesting but don't offer much help when you are trying to figure out how much to pay for that 3 bedroom 2 bath Rambler in Draper Utah.

Statistics provided by the Wasatch Front Regional Multiple Listing Service for the month of July, do not include homes for sale in Draper by FSBOs (for sale by owners) or most of the new homes or condos offered by builders in the area.

Real Estate is local, and can even be broken down into a difference in Communities. An example of that would be the price spread between a Condo in Sandy and a Town Home Condominium in Murray UT.

Here is some information about Draper we hope is helpful.

Draper Utah Homes For Sale In Salt Lake:

There are usually about 500 to 550 listed homes for sale in Draper Utah.

The absorption rate for homes and Condos in Draper UT is less than the 8.14 months generally considered a sellers market.

There are 518 Homes for sale in Draper UT as of 7/02/09.

420 are single family detached houses.

98 are condominiums, Town houses, or attached housing.

Homes for sale in Draper have been on the market an average of 177 days.

Homes Sold In Draper Utah in July 2009:

There were 62 Homes sold in Draper.

That was 10 fewer than the homes/condos sold the previous month.

Draper Homes sold in 2009 were less by 1 than 08 homes for sale.

July 09 Homes sales decreased by almost $ 5 million dollars from 08 July sales.

The average price of a Draper Condo or Home Sold in July of 09 was almost $365,000.

The average price of the Draper homes sold in July 09, was only 16% less than in 08.

Draper UT homes sold for 76% of the listed price of homes for sale in Draper.

Average price per square foot this July ($94.09) was almost $31.00 less than a year ago.

Days on the market have increased from 166 days in July 08, to 177 days this year.

The average Draper home for sale is a 4 bedroom, 4 bath, 3,878 square foot home.

There you have it, enough information to point you in the right direction and to help you price your offer on that home in Draper you are interested in.

If a home in Draper isn't of interest, you can see over 8,000 homes for sale in various communities around Salt Lake City.

To see all of the salt Lake Homes For sale, go to our website Salt Lake Homes and you can see photos, maps, prices, and real info about all of the homes for sale in SLC.

Or call us and lets talk about information on Draper UT Homes For Sale Homes For Sale in Salt Lake city UT. 801-567-0946.