This "Utah County Sold Condos" graph is compiled from the Utah County
Association of Realtors. This graph shows the condos sold
in Utah County over the past few years. Each dot represents
the number of condos sold in any particular month
ranging from 2009-2013. This graph does not include for
sale by owner condos, some builder condos
that were not listed for sale on the MLS.
I think this
graph represents about 90% of the Utah County sold condo
inventory. Below the graph I will comment on each year
and where our condo sales market is currently heading. The yearly legend is located on the
right side of the graph below. See the
Utah County Active Condos
Graph. If you follow the youtube link a video will
appear with my latest quarterly evaluation of the
current market conditions.
Review of the Utah County
Sold Condos: by Paul Teasdale
2013 -
This chart is so interesting. Notice in 2009 how
many condos sold. We had almost 100 in July of
2013. This is because people couldn't afford
homes like they used to before the real estate
crash. Buyers were migrating to condos. Now look
at the graph for 2012 and 2013. The number of
condos didn't sell as much. This is becuase
after prices crashed on homes and everyone
jumped back into affordable homes. In 2014 I
think this chart will change. We will see condo
sales pick up again because of home prices
rising again in Utah County.
2012 - The entire Utah County Real Estate market drastically improved in 2012. However, condos did not take off like land and homes. Condos seemed to slowly move. The market was still trying to digest the large inventory. Many buyer's left condos when prices crashed and moved up into a home.
2011 - Buyer's continued to mostly buy the Utah County Bank Foreclosures and the Utah County Short Sales during 2011. Prices seemed somewhat flat during 2011.
Are you looking to buy a condo in Utah
County? Contact Paul Teasdale of Team Teasdale Realty.
Paul has been selling condos in Utah County since 1995.
Be sure to check out our website specifically made for
Provo Utah Condo
Buyers.
More Statistical Graphs and
Commentary:
Utah County Condos Sold
Utah County Sold
Homes
Utah County Active Condos Utah County
Average Sold Price
Utah County Real Estate Inventory Sold Homes Priced
Over
$500k+
Percentage of Utah County
Listings Sold Sold Homes Priced
Between $250k-$500k
