Holladay Utah is an Eastside bedroom community of Salt lake City located between Millcreek and Murray UT. The city of Holladay has a population of less than 17,000 in the 5,000 households. There are more than 130 Holladay homes listed today on the MLS. That number of houses listed is typical for this time of year. Ninety two of these listings are single family houses for sale and about 38 are Condominiums or Town Homes.
Listings in Holladay UT range in price from $83,000 for a small studio condo to a non typical $12,900,000 luxury home. Median price of homes listed in Holladay is $349,000. The average price of homes for sale in Holladay is over $731,999. This is a distortion as the one unusually high luxury home listing. Currently there are 61 homes under contract.
Foreclosures in Holladay UT
The number of short sales and Foreclosures listings is a good indicator of the health of a community.There are only 12 homes for sale in Holladay listed as short sales on the MLS, and of the 130 homes listed for sale in Holladay, only one is a Bank Foreclosure. Holladay Utah is certainly one of the more stable markets in the Salt Lake area, as well as the State Utah.
Holladay Homes Sold
Over the last 12 months 275 homes have been sold in Holladay. Over 26% of those sales have been either condominiums or Town Homes. (73), while the remaining 200+ were single family houses. Twenty-six of the homes sold avoided foreclosure by selling as short sales. Twenty of the houses sold were foreclosures, and of those 20, seven were condos or townhouses.