Kimball Junction Condominium Market
Annual Report:
2009
| Median Condo Price
(Sold) |
$280,000 |
| Average Condo Price
(Sold) |
$259,207 |
| Low Condo Price
(Sold) |
$134,000 |
| High Condo Price
(Sold) |
$380,000 |
| Number of Condos Sold |
11 |
| Average Days on Market Until Sold |
123 |
________________________________________________________
|
Demand
|
This is the first
condo trend report
we have done for Kimball Junction.
This area sold 11
condos in 2009.
These condos were
listed on the market
for an average of
123 days before
selling which is 33
days longer than the
state average. |
|
Supply
|
Kimball Junction has
8 condos currently
listed on the
market, representing
nearly a 9 month supply.
Many of the condos
in Kimball Junction
are time shares. |
|
Price
|
Condo sold prices in
Kimball Junction
average $259,207.
The lowest price
sold was $134,000 and
the highest price
was $380,000 for a
margin of $246,000. |
|
Conclusion
|
The Kimball Junction condo market
favors buyers.
Although condo
prices are high, the
area is considered a
ski resort and is
just a few minutes
from Park City. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
________________________________________________________
Search for Kimball Junction Condos
Barry J. Preusz,
REALTORŪ, Downtown Salt Lake City Condo Specialist,
Equity Real Estate,
1218 East 7800 South, Salt Lake City, Utah 84094
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