Thursday, February 15, 2007

Salt Lake Housing Market Doing Great

The Salt Lake housing market has one of the brightest outlooks in the country. A new report out today shows the Salt Lake metro area was number two in the nation for appreciation.

Median prices in Salt Lake surged at the end of 2006 to reach a new high of $223,600. This was a 22.7% increase over the previous year.

Gold Medallion homes can attest to the strength of the Salt Lake market since last year we built and sold more homes than ever before. We continue to be optimistic about the Salt Lake housing market because of plentiful jobs and enjoyable living.

We're excited about the prospects of 2007 as we start building in Centerville at Pineae Village. DayBreak in South Jordan continues to attract people who appreciate its self-contained lifestyle, mountain views and retro architecture.

Stay tuned to our website and blog to see what else Gold Medallion has in store this year. Better yet, come take a look at one of our model homes in the community closest to you.

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