Laura Seitz, Deseret Morning News
A "sold" sign is posted on a new home in Sandy. The average price of a Utah home sold by a Realtor is $243,200.

The average price of a home sold by a Realtor in Utah climbed to $243,200 in this year's first quarter, up 17 percent from $207,242 in the first quarter of 2005, according to a report by the Utah Association of Realtors.

Total homes sold statewide in the first quarter increased to 9,812, a 12 percent increase from 8,765 homes sold during the first three months of 2005.

Statewide, Park City continued to have the highest-priced homes, with an average selling price of $1.1 million, a 54 percent increase from $711,000 in the first quarter of 2005.

Condominium sale prices in Park City in this year's first quarter increased 37 percent to $635,213.

The second-highest home prices in the state were found in Wasatch County at $344,777, a 5 percent increase over the first quarter of 2005.

Washington County came in No. 3 at $327,322, a 36 percent increase over last year's first quarter.

A few areas across the state saw prices dip. Home prices during the first quarter in Morgan County fell 13 percent to $254,884. Condominium sales prices in Davis County fell 10 percent to $124,651.

In Utah County, condominiums fell nearly 2 percent to an average sales price of $142,422. Prices in the Carbon/Emery area fell 1 percent to $90,673.

While overall Utah home prices continue to rise, the National Association of Realtors predicts U.S. home sales this year will "level out," dropping 6 percent to 6.65 million from a record 7.08 million in 2005.


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