SALT LAKE CITY -- Utah's capitol city was ranked among the top
10 U.S. cities in which to buy a home in the current housing market.

The list, compiled by The National
Association of Realtors was made using data from the February housing and
jobs data, the U.S. home price index from Fiserv Case-Shiller and unemployment
rates from the Bureau of Labor Statistics across 146 metropolitan areas and
metropolitan divisions. Tuscon, AZ held the number one spot on the list, with a
median list price of $170,000 and an unemployment rate of 7.8 percent. Salt Lake
City, which came in sixth, had a median listing price of $195,000, but its
unemployment rate was a mere 5.9 percent, while the national unemployment rate
sits at 8.2 percent.

Salt Lake City was flanked by Fort Worth TX, coming in at number five, and
San Jose, CA, which ranked seventh.

St. Louis, MO, which was ranked number ten on the list, had 12,819 homes on
its inventory level, while Salt lake had nearly half that at 6,743 homes. Homes
are also selling quicker in Salt Lake, with its median for days on the housing
market at 90, while St. Louis' median was 103 days.

 

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