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Utah home sales are going up and prices are going down, both great indicators for the future of our economy and potential home buyers. Take a look closer look at the successful housing industry. Source:

2011 sales surpass previous three year's sales
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The Utah Association of Realtors reported that nearly 33,000 homes were sold last year.

Sales were up 8.6 percent from 2010, 5 percent above 2009, and 6 percent above 2008.

Eight straight months
Photo credit: Deseret News

Utah home sales are up for the eighth month in a row.

Salt Lake City and Provo get national recognition
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The National Association of Home Builders (NAHB)includes both cities on its Improving Markets Index.

According to the NAHB, Salt Lake home-building permits have grown 2.3 percent since 2009.

Provo building permits have increased 2.7 percent according to the same report.

Cheaper homes selling
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In the twelve months ending with January 2012, homes priced under $150,000 accounted for 39 percent of all home sales.

Home prices down 7 percent
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The median price of a Utah home in January 2012 was $166,000, down 7 percent from a year ago.

Record-breaking January
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Closed sales every January the past four Januaries:
Jan. 2009: 1,374
Jan. 2010: 1,611
Jan. 2011: 1,866
Jan. 2012: 2,008

Left: NASA photo of Wasatch range.

Salt Lake County sales lead the way
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In January 2011, there were 576 homes sold in Salt Lake County.

In January 2012, 748 homes were sold in the same county.

left: Old street plans for Salt Lake City.