Salt Lake City CondosThe downtown area of Salt Lake is currently experiencing rejuvenation. Everywhere you look old buildings and shopping malls are being knocked down to make way for new buildings. The largest development currently underway is the $1.5 billion redevelopment incorporating 10 blocks, including the Crossroads and ZZMI malls. When complete the redevelopment will include retail and office use. This resurgence is stimulating demand for Salt Lake Condos both for new condo developments and existing developments such as the Gateway complex. Just to the north of the downtown area is the historic Marmalade District. Here you will find the Marmalade Condos mixed use development, comprising of 50,000 square feet of retail space and 91 luxury condominiums. The following table shows the number of condos sold and average price for the downtown zip code 84101 since 2004. You can see that Salt Lake Condo Prices have increased from just under $200,000 at the start of 2004 to over $300,000 in the second quarter 2007.
Real estate agent Leslye Stratton specializes in helping people purchase and sell downtown condos. Explore an extensive list of condo listings by searching the Salt Lake Utah MLS. |