According to the Wasatch Front Regional Multiple Listing Service, 22 homes were sold during the month of March 2008 in the 84116 Zip Code (comprising an area that includes all of Rose Park to the Davis County line, South to an area not far from North Temple). This number is nearly double the results for the month of February.
The price range of sold homes during March in the Rose Park area was from $93,000 for a condo to $268,000 for a 5-bedroom, 2-bath home near the Day-Riverside library.
The best mortgage rates ranged from about 5.25% to 6.0%, trending downwards and slightly lower, overall, than the previous month.
Housing inventory in the 84116 Zip Code include 97 properties currently for sale, 29 of those under contract with buyers as of 4/15/2008.
Overall, prices have stabilized, foreclosures are much fewer, and demand for home-buying is back up significantly over the previous few months.
Housing Report by Kelton Baker GRI , Realtor, Rose Park area specialist. (801)-243-1220 rosepark@keltonbaker.com
According to the Wasatch Front Regional Multiple Listing Service, 12 homes were sold during February 2008 in the 84116 Zip Code (comprising an area that includes all of Rose Park to the Davis County line, South to an area not far from North Temple).
The price range of sold homes during February was from $126,500 for a 2-bedroom/1bath home to $206,000 for a 4-bedroom/2 bath home.
The best mortgage rates ranged from between 5.9% and 6.5% during this time, trending upwards.
The ‘typical’ 3-bedroom 1-bath, 1950’s Rose Park home sold for an average of $158,900 in February. Down about 11% from average highs a year ago, but still about a third higher than the price trends of 1999-2005.
Inventories in the 84116 Zip Code include 140 properties currently for sale, 50 of those under contract with buyers, this turnover showing that this area is doing much better than the rest of the nation, and even much of the Salt Lake Valley.
Report submitted by Kelton Baker, Rose Park area Realtor
Well-kept yard with sprinklers. A short walk away from Newman Elementary, a larger back yard, four complete bedrooms and two bathrooms, separate laundry room, larger kitchen, covered patio area… even the crawl-space looks better than average! Interested, call Kelton Baker today at 243-1220.
Home in the north part of Rose Park is coming up on the market soon. Located at 1262 North 1500 West, this home has three bedrooms and one bathroom. Remodeling in progress. Will be priced below $170,000. If you would like more information, contact Kelton Baker at 801-243-1220.
Close to schools and freeway access, built in 2000. Priced nearly twenty thousand dollars below comparables. 1393 sq ft. on main living area plus a finished basement!
1875 W Quarter Horse Dr. Salt Lake City, UT 84116
Interested? This property is not yet on the market, this info is a Rose Park News exclusive. Go to www.keltonbaker.com to find more.
1263 North 1500 W–$158,000
1431 sq/ft, 3 bedrooms/1 bath
1320 W 1100 N
3bd/1ba, 1007 sq/ft, nice fenced yard
1310 N Colorado Street $149,900 3bd/1ba 1,475sq/ft
Private fenced, secluded backyard with fruit trees and playset. Fully landscaped with covered patio; entertainment and living area inside so you will always feel at home in this quiet neighborhood. Many upgrades with crown moulding and an open kitchen.
42 Sonata 4 bed 1 3/4 bath $164,900
1254 W 900 N $145, 900 4 bed 1 3/4 bath
If you would like to advertise your Rose Park home for sale email me at aleisha.baker@usualumni.net
