Real Estate Report, Murray Ut, Homes For Sale 4/1/08
This Real Estate report, Murray Ut, homes for sale, is part of our ongoing effort to provide Home Buyers and Sellers the most timely and useful Real Estate Information in Salt Lake County.
There are 221 homes for sale in Murray Ut. One hundred thirty eight are single family homes, 83 are Condominiums or Town Homes.
We offer stats from the Wasatch Front MLS, which is the same service used by local Realtors. Homes for sale by owners, (FSBOs) will not be included in this info, nor will new construction. (new homes) as they rarely show up on the MLS. That seems to be changing however as Banks, and other lending institutions are listing Foreclosures with local Realtors and and many Banks require a home be listed with a Real Estate Agent before they will consider a home for short sale status.
Murray Homes For Sale: 221
Single Family Houses: 138
Condominiums/ Town Homes 83
Homes listed 30 days 81
Homes listed 60 days 131
Homes listed 90 days 172
Number houses bank owned 11
Murray Homes Under Contract: 42
Under contract last 30 days 27
Contracts over 30 days 15
Murray Homes/ Condos Sales 3MO: 76
January 20
February 26
March 30
Remarks On Murray Homes:
With an inventory of homes for sale, of almost 6 months, sales are somewhat sluggish as they are all around the Salt Lake Valley. The exception is the Condo/ Town Home market. Almost 38 % of Murray houses for sale are Condos or Town homes. These are moving at a rate consistent with a sellers market (about 4 mo.). Add to that ,the success of a couple of the new Condominium projects in the downtown Murray area and you see some real potential for buyers, sellers and Real Estate Investors. Pay attention to Waverly Station as that is the type of project that sets Murray apart. Distressed properties are at a minimum,( less than 5% is healthy today), we don't expect that number to change much and will keep resale homes from losing value in what has become a declining market.
To see all the homes for sale in Murray, or for that matter the Salt Lake Valley, with pictures, prices, maps, and details visit our web page, Salt Lake Homes. It's FREE and you won't be asked to register.
To access other Real Estate resources go to Salt Lake Real Estate, click on, and enjoy. You can call us 801-567-0946. Check back frequently as we update every day, and frequently report on other Salt Lake Towns similar to the Real Estate Report on Murray homes for sale.