Eden Condo Market
Annual Report: 2009
| Median Condo Price
(Sold) |
$185,000 |
| Average Condo Price
(Sold) |
$210,895 |
| Low Condo Price
(Sold) |
$105,000 |
| High Condo Price
(Sold) |
$440,000 |
| Number of Condos Sold |
19 |
| Average Days on Market Until Sold |
142 |
________________________________________________________
|
Demand
|
Condo demand in
Eden, UT has
slipped (17%) since
our last report.
Condos in Eden
average 142 days
listed on the market
until sold. Over the
past year, 19 condos
sold in Eden.
|
|
Supply
|
At the time of this
report there were 40
Eden condominiums
listed on the market
for sale. That
represents over a
two year supply. It
takes an average of
142 days to sell
a condo
listing in Eden. 39
more days than our
2007-2008 study. |
|
Price
|
Condo prices in
Eden have fallen to
a median of only
$185,000 during 2009.
The
margin between the
highest price condo
and the lowest price
condo is $335,000. |
|
Conclusion
|
The Eden condo market
has chilled
significantly. Eden
is currently a
Buyers market.. You can
compare our 2009
study with our 2007-2008
study by clicking on
the following link:
Eden Condos 07-08. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
2007-2008 Eden Condo Statistics
________________________________________________________
Search for Eden Condos
Barry J. Preusz,
REALTOR®, Downtown Salt Lake City Condo Specialist,
Equity Real Estate,
7090 Union Park Center, Midvale Utah, 84047
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.com
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