The number of existing homes and condominiums sold in Salt Lake County in August hit a 10-year low, the Salt Lake County Board of Realtors said Thursday.

When compared with sales in previous years, the 1,028 sales in August 2008 represented the lowest total since August 1998, which tallied 993.

Sales fell 22 percent this past August, compared with August last year, the board said.

The median sales price for all homes and condos sold in August was down 3 percent from the previous month to $226,632 and declined 5 percent compared with the median sales price of $239,000 in August 2007.