Home sales and inventory statistics
This Absorption Report is a snapshot of the real estate inventory in the Salt Lake City University and Downtown (84102) area. The first two rows of the table show the active and under contract properties, as of July 12, 2010. The third row shows the number of properties that sold in the given time period. Based on these numbers, you can see how large a supply of homes are currently on the market. As always, if you have any questions, or want information for a different area, all you need to do is ask us.
University and Downtown (84102) Absorption Report
| 2 Months | 3 Months | 4 Months | 5 Months | 6 Months | 12 Months | |
| Active Properties: | 174 | 174 | 174 | 174 | 174 | 174 |
| Under Contract Properties: | 8 | 8 | 8 | 8 | 8 | 8 |
| Sold Properties: | 17 | 36 | 45 | 60 | 73 | 175 |
| Market Absorption: | 8.50 Per Month | 12.00 Per Month | 11.25 Per Month | 12.00 Per Month | 12.17 Per Month | 14.58 Per Month |
| Inventory: | 21.41 Months | 15.17 Months | 16.18 Months | 15.17 Months | 14.96 Months | 12.48 Months |
As you can see, there is currently an 12 to 21 month supply of homes in the University and Downtown (84102) area, depending on how many months of sold information you use.
The statistics in this Real Estate Absorption Report include all properties in all price ranges in the University and Downtown (84102) area. Any questions? Or would you like statistics for a different Salt Lake area, a specific neighborhood, a specific price range, or even a specific property? Please contact us. For more information on Salt Lake City area real estate, ask your questions via phone, email or text.
To see what’s for sale throughout Salt Lake City, Utah and the surrounding areas, search the entire Wasatch Front Regional MLS. Curious about your specific home? We will provide you with a complimentary, no obligation, "Current Market Analysis" of your home. Again, just ask us!
Market statistics provided by Jenn and Phil Beck (us!), based on information from Wasatch Front Regional Multiple Listing Service, Inc. Information deemed reliable but not guaranteed.
