Salem
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 12 $159,000 $161,021
2nd Quarter 12 $197,000 $193,460
3rd Quarter 13 $158,645 $164,661
4th Quarter 16 $145,000 $174,041
Total Year 53 $159,500 $173,189
 
2004
  Units Sold Median Price Average Price
1st Quarter 7 $147,450 $143,357
2nd Quarter 19 $197,200 $207,339
3rd Quarter 21 $218,500 $219,669
4th Quarter 18 $221,900 $231,020
Total Year 65 $209,450 $210,990
Change 23% 31% 22%
       
2005
  Units Sold Median Price Average Price
1st Quarter 21 $215,250 $237,845
2nd Quarter 18 $213,000 $206,381
3rd Quarter 19 $208,750 $206,576
4th Quarter 14 $207,000 $207,425
Total Year 72 $207,475 $215,887
Change 11% -1% 2%
2006
  Units Sold Median Price Average Price
1st Quarter 15 $231,134 $242,617
2nd Quarter 24 $228,805 $234,513
3rd Quarter 16 $234,900 $244,600
4th Quarter 13 $192,450 $248,546
Total Year 68 $228,805 $241,357
Change -6% 10% 12%
2007
  Units Sold Median Price Average Price
1st Quarter 15 $282,500 $271,717
2nd Quarter 11 $290,000 $278,716
3rd Quarter 13 $332,450 $309,512
4th Quarter 9 $218,750 $243,100
Total Year 48 $286,250 $275,761
Change -29% 25% 14%
2008
  Units Sold Median Price Average Price
1st Quarter 12 $247,000 $263,501
2nd Quarter 11 $291,250 $2,647,000
3rd Quarter 0 $0 $0
4th Quarter 0 $0 $0
Total Year 23 $123,500 $0
Change -52% -57% -100%