Saratoga Springs Condominium Market
Annual Report: 2009
| Median Condo Price
(Sold) |
$142,800 |
| Average Condo Price
(Sold) |
$135,383 |
| Low Condo Price
(Sold) |
$105,555 |
| High Condo Price
(Sold) |
$160,000 |
|
Number of Condos
Sold |
56 |
| Average Days on Market Until Sold |
81 |
________________________________________________________
|
Demand
|
Saratoga Springs
real estate demand
has fallen sharply.
The economy and fuel
prices have taken
there toll on this
community. Condos
sold in Saratoga
Springs totaled 56
in 2009. The average
market time for a
condo to sell
climbed to 81 days. |
|
Supply
|
Supply is
low
in Saratoga Springs.
There are
currently 19 condo
listings on the
market for a 4 month
supply.
|
|
Price
|
Condo prices are
declining in
Saratoga Springs.
The average home
price (sold) in
Saratoga Springs is
$135,383 which is
$54,445 below the
state average. The
highest priced condo
sold for $160,000. |
|
Conclusion
|
The Saratoga Springs
condo market is is a
downturn. Low prices
offer buyers some
great bargains. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
Saratoga Springs Condo
Trends 2007-2008
________________________________________________________
Search for Saratoga Springs 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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