| Elk Ridge | |||
| Residential Unit Sales | |||
| All data is from the Wasatch Front Regional Multiple Listing Service. | |||
| It does not include transactions in which a REALTOR was not involved. | |||
| 2003 | |||
| Units Sold | Median Price | Average Price | |
| 1st Quarter | 4 | $272,000 | $274,950 |
| 2nd Quarter | 7 | $185,250 | $178,750 |
| 3rd Quarter | 5 | $211,950 | $197,840 |
| 4th Quarter | 8 | $160,220 | $188,129 |
| Total Year | 24 | $202,000 | $201,887 |
| 2004 | |||
| Units Sold | Median Price | Average Price | |
| 1st Quarter | 3 | $267,000 | $244,500 |
| 2nd Quarter | 4 | $195,300 | $206,425 |
| 3rd Quarter | 11 | $243,000 | $228,709 |
| 4th Quarter | 6 | $201,000 | $257,460 |
| Total Year | 24 | $212,757 | $234,157 |
| Change | 0% | 5% | 16% |
| 2005 | |||
| Units Sold | Median Price | Average Price | |
| 1st Quarter | 4 | $262,305 | $255,701 |
| 2nd Quarter | 12 | $230,000 | $231,340 |
| 3rd Quarter | 9 | $244,577 | $260,770 |
| 4th Quarter | 9 | $277,500 | $305,822 |
| Total Year | 34 | $250,000 | $267,063 |
| Change | 42% | 18% | 14% |
| 2006 | |||
| Units Sold | Median Price | Average Price | |
| 1st Quarter | 7 | $269,500 | $250,771 |
| 2nd Quarter | 9 | $374,950 | $514,600 |
| 3rd Quarter | 11 | $287,500 | $320,727 |
| 4th Quarter | 6 | $255,000 | $261,850 |
| Total Year | 33 | $281,000 | $348,057 |
| Change | -3% | 12% | 30% |
| 2007 | |||
| Units Sold | Median Price | Average Price | |
| 1st Quarter | 2 | $267,000 | $260,964 |
| 2nd Quarter | 6 | $442,500 | $397,212 |
| 3rd Quarter | 7 | $339,500 | $359,829 |
| 4th Quarter | 1 | $226,100 | $452,200 |
| Total Year | 16 | $303,250 | $367,551 |
| Change | -52% | 8% | 6% |
| 2008 | |||
| Units Sold | Median Price | Average Price | |
| 1st Quarter | 2 | $415,000 | $383,750 |
| 2nd Quarter | 4 | $325,000 | $322,750 |
| 3rd Quarter | 0 | $0 | $0 |
| 4th Quarter | 0 | $0 | $0 |
| Total Year | 6 | $162,500 | $0 |
| Change | -63% | -46% | -100% |