These graphs represent the Utah County Sold
homes listed in Utah County priced Over $500k+. This statistical data was gathered from the
MLS. Each plot on the graph below represents the number
of listings in this price range.
Many sellers from
2007-2010 in this price range were stuck with their
homes and unable to sell. The majority of the homes selling
between 2007-2010
were
Utah County Bank Foreclosures and
Utah County Short Sales. The inventory of this price
range began to stabalize in 2010 then climbed to new
heights in 2013. The sold homes listed over $500k were
relatively stable in 2014 and should be the same for
2015.
The
Number of Sold Homes Listed Over $500k.
The number of Utah County sold homes
listed over $500k
hit a record high May of 2013. Prices started to rise in
the first quarter of 2012 and they rose all thru 2012
and 2013. This has been good for people wanting to sell
in the higher part of the Utah County Real Estate
Market. The sold homes listed over $500k is
the slowest segment of our market in Utah County. All
the other sectors of our market must be hot before this
sector gets moving.
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