Midvale, UT

We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.

PRICE ACTION

Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.

SUMMARY

Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. This is NOT a good time for those with low and/or no risk tolerance to purchase.

High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.

Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.

Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.

Buy and hold is the best buying strategy.

Data considered accurate... However is NOT Guaranteed. Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date data and help to determine your specific risk tolerance.

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Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC

Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information atwww.markwatterson.com or www.UtahMark.com

It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.

The "Voice of the Customer" is where it all begins. Customer Service Excellence is not just words. It's our CULTURE.

My customers refer their family and friends because of theexceptional attention to detail, customer focus and the value added services they receive. An unmatched passion and love for providing these services is the thread that binds the entire business process together making it a smooth and seamlessevent.

In fact it doesn't even seem like business. Because it's all about you, your goals and objectives.

You should expect the highest level of service and you deserve it. It's about you, the right property and your GOALS. YOU Deserve the BEST!

We need Positive Price Action to confirm market bottom. One month of price improve isn't sufficient to confirm the market bottom. We need to see appreciation month over month for three months.

PRICE ACTION

Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.

SUMMARY

Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom. This is NOT a good time for those with low and/or no risk tolerance to purchase.

High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.

Some are trying to time the market and market timing is risky. Trying to time the bottom is not for the inexperienced buyer and extremely difficult.

Those waiting for a market bottom confirmation will (almost always) miss the bottom. This is because confirming factors are lagging indicators.

Buy and hold is the best buying strategy.

Data considered accurate... However is NOT Guaranteed. Contact your Mark Watterson your Local Property Resource Specialist for the most up-to-date data and help to determine your specific risk tolerance.

_______________________________________________________________________________________________________________________________________

Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC

Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties. View comprehensive property resource information at www.markwatterson.com

It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.

The "Voice of the Customer" is where it all begins. Customer Service Excellence is not just words. It's our CULTURE.

My customers refer their family and friends because of the exceptional attention to detail, customer focus and the value added services they receive. An unmatched passion and love for providing these services is the thread that binds the entire business process together making it a smooth and seamless event.

In fact it doesn't even seem like business. Because it's all about you, your goals and objectives.

You should expect the highest level of service and you deserve it. It's about you, the right property and your GOALS. YOU Deserve the BEST!

Why wait and spend lots of money? In today's economy in Salt Lake County, Debbie Aldrich 801-870-0606, we are always looking for a good deal, well agents I have one for you, the Sign Shop at 75 E. 7200 S. #A in Midvale in Salt Lake County, UT. You can order as needed with a variety of options and if they don't have your company's logo the can make it.

The Assistant Manager, Cheryle, is always friendly and helpful, Steve the manager and Daniel the sign tech will work hard for a quick turn time for you. I have ha a day turn time for a new sign and 30 minutes for a change made to one of my older signs. Their prices are reasonable, they have many other products to choose from to help market your listings and make them shine.

Stop by the Coldwell Banker Store & Sign Shop Today Debbie Aldrich Salt Lake County Real Estate 801-870-0606

Debbie Aldrich CSP www.DebbiealdrichHomes.com www.CottonwoodHtsBestHomes.com

Keller William Realty 801-870-0606

Your Partner in Real Estate serving Salt Lake county, Cottonwood Heights, Salt lake City, Summit County

This report, outlining Salt Lake Homes For Sale In Midvale Utah is presented to our clients and those home buyers that are trying to look beyond national sales numbers and find a nice home at the best price in the middle of the Salt Lake Valley.

If your searching Homes For Sale In Midvale Utah, you need information on Salt Lake City homes sold.

If you are wondering how much your offer should be for your new Salt Lake Homes for Sale in Midvale Utah, these are stats you need.

These statistics are provided by the Wasatch Front Regional Multiple Listing Service as of 8/03/09. The MLS may not include homes for sale in Midvale by FSBOs (for sale by owners) or most of the new homes or condos offered by builders in the area. (New Construction)

Midvale Utah Homes For Sale In Salt Lake:

There are usually about 175 to 200 listed homes for sale in Midvale Utah.

The absorption rate for homes and Condos is 7.04 months.

There were 183 homes listed in Midvale in July 09.

Only 109 were single family detached homes.

27 one of these homes are under contract.

74 were Condominiums.

At 40% Condominium to homes ratio, Midvale has the most condos selection in Salt Lake City.

Homes Sold In Midvale Utah in July 2009:

There were 22 Homes sold in Midvale.

That was 6 fewer the 28 homes/condos sold the previous month.

Midvale UT Homes sold in July 2009 were 6 less than homes sold in July 08.

July 09 Homes sales decreased almost a million and a half dollars from 08 July sales.

The average price of a Midvale Condo or Home Sold in July of 09 was $200,809.

The average price of the Midvale homes sold in July 09, was only 4% less than in 08.

Midvale UT homes sold for 93% of the listed price of homes on MLS.

Average price per square foot this July ($106.17) was almost $7.30 less than a year ago.

Days on the market have decreased from 87 days in July 08, to 86 days this year.

The average Midvale UT homes for sale is a 3 bedroom, 3 bath, 1891 square foot home.

If Midvale is not the only area you want to examine, stop by this page every day as we will look at other towns and cities around Salt Lake in the next week..

To search other areas for 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 @ 801-567-0946 and lets talk about the report on Salt Lake Homes For Sale In Midvale Utah.

Looking for New Salt Lake City Condominiums In the center of everything? Try the new Condos @ Midvalley Station in Midvale and be right smack in the middle of everything. These Town homes are priced right and should appeal to just about any Salt Lake new Home Buyer that insists on affordability as well as quality in their neighborhood.

Midvalley Station offers two styles of New Construction Town Homes (with plenty of features and upgrades to select from).

For an investment of under $190,000 and the time to wait for their home to be built a home buyer will get two bedrooms w/ 2 baths and a one car garage. For about $10,000 more, you get an a 3 bedroom 2 bath Condo @ Midvalley Station where you can pick the colors as you watch it being built.

In a hurry? Need an immediate move in? There are 8 homes completed with upgrades like Granite counters, Knotty Alder Cabinets, Two Tone Paint, Canned Lighting, Stainless Steel Appliances and Tile Floors. The Price? Only $209,900 for two bedrooms, two and one half baths, unfinished basements to grow your investment. Each Town home has a one car garage.

Location of The Midvalley Station Condominiums In Midvale Utah:

Transportation and access to freeways is no problem at the station.Location @ the Station is great. How about midway between Fashion Place Mall and South Towne Mall?Just a short walk and your at the Midvale TRAX Station and can catch your train for Downtown Salt Lake City, or head south for shopping or fun and friends in Sandy Utah. home owners can work Downtown SLC and never take the car out of the garage until the weekend to hit the slopes at one of Utahs fine ski resorts.

Midvalley Station Model Home:

There is a decorated model home at Midvalley Station and a number of ready to move in homes to view while they last.
Stop by Monday thru Friday 11:00 - 7:00 and Saturday from 11:00 to 4:00. Be sure to take your agent with you or be sure that you have been registered by your Realtor. It's FREE and could save you money.
Always remember when looking at a new home in Salt Lake you have representation, someone watching out for your interest.

If you need a Real Estate Agent:

If you don't have a favorite agent, we'd like you to consider us. We love the business, we have the experience and we can do the job for you. Check out our website, Salt Lake real Estate. It's like our resume.

To see other homes for sale around Salt Lake City, stop by Salt Lake Homes for Sale. you'll have access to over 20,000 homes for sale in SLC with photos, maps, directions, and prices. Stop by!

Or, you can call us @ 801-567-0946. We'd love to talk with you about New Condominiums @ Midvalley Station in Midvale Utah.