February 14, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

2012 Home Sales Jumped in Weber and Davis Counties

Press Release

February 14, 2013

2012 saw big increases in home closures for both Davis and Weber counties, according to year-end data released by the Utah Association of Realtors.

Sales in Davis County were up 21.6 percent from 2011 (3,042 to 3,699), while Weber County saw a 20.8 percent increase in home sales.

“These numbers are very exciting, not just for those in the market for a new home, but also those looking to sell their existing homes,” said Christy Vail, president of the Northern Wasatch Association of Realtors.

Closed sales in Weber County jumped from 2,587 in 2011 to 3,125 in 2012, while the average sales price of those homes rose from $155,157 to $161,150.

Davis County’s average sales prices increased from $213,873 to $216,246.

In addition to the sales increase, Vail pointed out that pending sales were also up 23 percent in Weber County and 22.9 percent in Davis County.

Homes also spent less time on the market in 2012 before being sold.

“We saw a decrease of 15 days in the time it took to get those homes sold in Davis,” Vail said. “This is encouraging because it’s a great indicator of confidence in our Utah market, and for the potential seller looking to 'move up' it indicates their existing value is increasing.”

Overall, Utah saw a 12.4 percent increase in homes sales (32,646 to 36,699 homes sold) while the average home price rose from $173,500 to $180,000.

Utah Business Social
UB Events View All
Health Care HeroesUtah Business Event
Oct 21, 2014
Please join us, along with our sponsors, MountainStar Healthcare, and Roseman University in honor...
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine and Adobe, along with our other sponsors: Boostability, Right ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Community Events View All
Leadership Excellence Course
Oct 1, 2014
Leadership Excellence Course coming to Salt Lake City. Course graduates qualify for continuing ed...
BOMA Fall Education Summit
Oct 2, 2014
We are excited to host our first annual Education Summit. This year, we have twelve (12) session...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel