Orem
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	146	$135,000	$147,789
2nd Quarter	167	$138,950	$153,524
3rd Quarter	235	$144,950	$157,835
4th Quarter	173	$144,189	$165,858
Total Year	721	$140,450	$156,905
2004
	Units Sold	Median Price	Average Price
1st Quarter	148	$144,900	$155,771
2nd Quarter	226	$151,000	$159,924
3rd Quarter	237	$155,265	$168,596
4th Quarter	213	$152,050	$162,676
Total Year	824	$151,950	$162,257
Change	14%	8%	3%
2005
	Units Sold	Median Price	Average Price
1st Quarter	174	$153,400	$167,802
2nd Quarter	220	$153,500	$170,562
3rd Quarter	303	$162,500	$177,486
4th Quarter	219	$163,703	$189,185
Total Year	916	$157,805	$176,470
Change	11%	4%	9%
2006
	Units Sold	Median Price	Average Price
1st Quarter	227	$165,000	$192,330
2nd Quarter	296	$170,000	$197,197
3rd Quarter	288	$185,000	$212,178
4th Quarter	271	$193,199	$224,494
Total Year	1082	$180,000	$206,684
Change	18%	14%	17%
2007
	Units Sold	Median Price	Average Price
1st Quarter	176	$201,500	$235,800
2nd Quarter	215	$210,000	$225,605
3rd Quarter	211	$211,000	$233,493
4th Quarter	129	$212,000	$236,564
Total Year	731	$210,500	$232,866
Change	-32%	17%	13%
2008
	Units Sold	Median Price	Average Price
1st Quarter	118	$183,000	$219,213
2nd Quarter	162	$205,000	$230,721
3rd Quarter	0	$0	$0
4th Quarter	0	$0	$0
Total Year	280	$91,500	$0
Change	-62%	-57%	-100%