Orem, Utah Market Trends
| Popular Areas Sunset Height Aspen Northridge Orem North Geneva Cherry Hill |
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Orem Summary
According to Trulia.com, 'The median sales price for homes in Orem UT for Nov 12 to Jan 13 was $135,700. This represents an increase of 11.6%, or $14,125, compared to the prior quarter and a decrease of 22.8% compared to the prior year. Sales prices have depreciated 3.6% over the last 5 years in Orem. The average listing price for Orem homes for sale on Trulia was $269,675 for the week ending Mar 06, which represents a decline of 1.3%, or $3,668, compared to the prior week and a decline of 21.6%, or $74,225, compared to the week ending Feb 13. Average price per square foot for Orem UT was $98, a decrease of 29% compared to the same period last year. Popular neighborhoods in Orem include Sunset Heights, Aspen, Northridge, Orem North, Geneva, and Cherry Hill.'
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