Student Condominium Market Trends
The student condominium market at BYU is in good supply. Currently there are 73 properties listed on the market as
"BYU approved" for student off-campus housing.
Fifty-eight of these properties
are condos for sale. Ten are
townhouses for sale. Five are
single family homes for sale.
Prices range from $121,900 for
two bedrooms and one bath to
$191,900 for three bedrooms and
three baths. Parents who contemplate investing in their students
housing while at the same time investing
in the real estate market have a good selection
to choose from.
Currently seven "BYU approved"
properties are under contract.
Fifty nine properties have sold
in the past 12 months. Prices
for sold condos ranged from a
low of $99,000 for 600 square
feet to $205,900 for 1,215
Average rents are $281 to $182 for shared rooms and $325 to $228 for private rooms.
The BYU housing office assist condos owners with
finding student renters. BYU has a student
population of around 30,000.
Real estate has proven
itself as a good long-term investment. Parents of students who need to provide housing
for their students while attending college can pay for their students housing
while also investing. Student roommates can reduce
expenses. Condo investors are also attracted by the
multiple monthly rental incomes for a single condo
for current BYU approved condos)
Click here for Updated BYU condo market report or to view
Historical Sales Data for BYU Condos since 1996.
(Source: WFRMLS and condosUtah.com. Information is deemed reliable but not guaranteed.)
Other BYU Condominium Web Pages:
BYU Condo Investing
Search for BYU Condos For Sale
Brigham Young University Condo Trends - Snapshot of BYU Student Condo Trends
BYU Condo Market - Sales Trends 2008
BYU Condominiums For Sale - Sales Trends 2010
BYU Condominium Sales - Historical Review of BYU Condo Prices Since 1996
BYU Condo Comparison - Rental Comparisons for BYU Student Condominiums Listed by Complex
BYU Approved Condominium Review List - Side-by-side Comparison of BYU Condo Features
Brigham Young University Campus and Provo Area Map
Brigham Young University Off-Campus Housing Boundary Map - Approved Condominium Boundaries
Salt Lake City Map
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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