The latest data from the National Association of Realtors show that an increasing number of metropolitan areas across the country experienced price gains year-over-year, but the Salt Lake City metro market was not among them.
The association's survey found that 91 metropolitan statistical areas had higher median existing single-family home prices in this year's first quarter versus the first quarter of 2009, including 29 markets recording increases in the double digits. Salt Lake City, meanwhile, joined 57 other metro markets showing decreasing home prices. Three markets were unchanged.
With a median home price of $203,800 in the first quarter of this year, the Salt Lake market was tied with Milwaukee as the 33rd most expensive market nationally. The Deseret News
