But soaring is how Salt Lake Board of Realtors President Bill Heiner has described home sales so far this year, which were up by 30 percent in April 2010 compared to the same month in 2009.
The association reported that 1,128 homes and condos sold in the Salt Lake area in April, compared to 867 sales in April 2009. In the first four months of this year (Jan. 1 through April 30), there were 3,323 homes and condos sold in Salt Lake County. That's a 24 percent increase compared to 2,681 homes and condos sold during the same four-month period a year ago.
Home and condo sales in April were the strongest since April 2007, when 1,400 residential properties were sold.
Sales are up, but home prices continue to fall, the association reported. The median price of all residential properties sold in April was $201,000, down 9 percent from the median price of $220,000 in April 2009. The Deseret News
