KSL TV
SALT LAKE CITY – A record number of homes sold in Utah during the month of April, even as the median sales price jumped nearly 27% over the last year, according to a report released by the Utah Association of Realtors.
Buyers closed on 4,845 homes, the report said, which is the most sales for that month since the association started keeping records in 2003.
"With such strong activity, by the time a property sale closes, the market may have already moved higher than that sold prices suggests," the April 2021 "Monthly Indicators" research report said.
The median sales price in April climbed to a record high of $425,000. For comparison, the monthly snapshot showed, one year ago, it was $335,000, and in April of 2019, the median home sales price in Utah was $315,000.