West Jordan Condominium Market
Annual Report: 2009
| Median Condo Price
(Sold) |
$168,261 |
| Average Condo Price
(Sold) |
$171,906 |
| Low Condo Price
(Sold) |
$82,000 |
| High Condo Price
(Sold) |
$280,000 |
| Number of Condos Sold |
167 |
| Average Days on Market Until Sold |
79 |
________________________________________________________
|
Demand
|
West Jordan
condo demand is
down
The
average number of
days a condo stays
on the market in
West Jordan until
sold is 79
days--11 days less
than the state
average. During 2009, West Jordan
sold 167 condos, 9%
of Salt Lake
County's total.
|
|
Supply
|
Condo supply in West
Jordan has also
fallen. Currently
there are 90 condos
for sale listed on
the market for a
6-1/2 month supply. |
|
Price
|
West Jordan condo
prices have fallen
in 2009. The average
condo sold for
$171,906. The
highest price condo
sold was for
$280,000. |
|
Conclusion
|
The
West Jordan condo market
favors buyers.
Prices are down and
demand is down.
Because supply is
also down we expect
prices to level off
in 2010. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
2007-2008 West Jordan Condo
Market
________________________________________________________
Search for West Jordan 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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