home about categories posts news
discussions archive recommendations faq contacts

Lehi Real Estate Overview: A Comparison Between 2023 and 2024

January 3, 2025 - 10:35

Lehi Real Estate Overview: A Comparison Between 2023 and 2024

In 2024, the Lehi real estate market has shown notable changes compared to the previous year. A total of 1,302 homes were sold, a decrease from 1,467 in 2023. Despite the drop in sales volume, the average home price has seen an increase, now standing at $619,747, up from $579,819 in 2023. The median home price has also risen significantly, reaching $521,833, compared to $401,500 last year.

Homes are spending slightly more time on the market, with an average of 55 days in 2024, compared to 51 days in the previous year. The average price per square foot has edged up to $225.52 from $222.61.

The market witnessed a remarkable high-end sale, with the most expensive home sold for $3,500,000, featuring six bedrooms and 5.5 baths across 7,867 square feet on a .65-acre lot. Conversely, the least expensive home sold was a condo priced at $270,000, offering three bedrooms and two baths within 1,286 square feet.


MORE NEWS

Esteemed Sarasota Real Estate and Environmental Advocate Passes Away

April 2, 2025 - 04:25

Esteemed Sarasota Real Estate and Environmental Advocate Passes Away

Robert Richardson, a prominent figure in Sarasota`s commercial real estate sector and a dedicated environmental advocate, has passed away, leaving behind a significant legacy. Colleagues and...

Luxury Developer Pursues Contracts for Remaining Atavia Condos in Scottsdale

April 1, 2025 - 20:19

Luxury Developer Pursues Contracts for Remaining Atavia Condos in Scottsdale

A luxury real estate developer is actively seeking to finalize sale contracts for the remaining units in Atavia, an upscale condominium project located in north Scottsdale. This exclusive...

Real Estate Secondaries Experience Significant Growth as Investors Pursue Liquidity

April 1, 2025 - 11:17

Real Estate Secondaries Experience Significant Growth as Investors Pursue Liquidity

In recent months, the market for real estate secondaries has seen a notable surge as private equity investors and fund managers actively seek liquidity solutions. Three key themes have emerged from...

Principal Real Estate Fund Announces March Distribution and Capital Structure Changes

April 1, 2025 - 03:37

Principal Real Estate Fund Announces March Distribution and Capital Structure Changes

The Principal Real Estate Fund has announced a March distribution of $0.1050 per share, signaling important adjustments in its capital structure. This distribution marks a significant moment for...

read all news
home categories posts about news

Copyright © 2025 Estapad.com

Founded by: Mateo Hines

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy