2005 Rental Stats

Below is how the market was renting!

Salt Lake Average Rental Rates and Home Prices by Multiple Listing Service Area
Year-end 2005

	Home	Studio	1 Bdrm	2 Bdrm 1 Bath	2 Bdrm 2 Bath	3 Bdrm	Townhouse	Overall
Area 101	$347,601	$393	$501	$628	$844	$940	n/a	$556
Area 102	$188,680	$395	$546	$590	$955	$907	$705	$604
Area 103	$301,943	n/a	$561	$657	$739	n/a	n/a	$633
Area 104	$157,763	$467	$565	$633	$731	$821	$895	$639
Area 105	$283,703	n/a	$640	$667	$782	$997	$950	$726
Area 106	$309,010	n/a	$550	$652	$712	$849	$959	$691
Area 107	$344,453	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Area 108	$268,338	n/a	$654	$679	$839	$932	$1,045	$762
Area 109	$217,996	$439	$573	$665	$808	$839	$835	$705
Area 110	$137,165	$449	$529	$593	$654	$752	$696	$596
Area 111	$113,610	$416	$510	$569	$662	$702	$732	$567

Salt Lake County Vacancy Rates by Multiple Listing Service Area
Year-end 2005

	Vacancy Rate
Area 101	5.7%
Area 102	6.5%
Area 103	8.0%
Area 104	5.9%
Area 105	8.2%
Area 106	6.5%
Area 107	n/a
Area 108	7.1%
Area 109	6.9%
Area 110	7.1%
Area 111	5.7%

Salt Lake Multi-Family Sales Summary 2002 - 2005 2002 2003 2004 2005 Average Cap Rate 8.4% 7.7% 6.8% 6.8% Number of Units Sold 2,745 2,080 2,208 1,762 Average Property Age 17 15 19 23 Number of Properties Sold 8 7 10 9 Average Price/Square Foot $71.70 $71.83 $78.60 $73.67 Average Price Per Property $18,841,625 $18,040,457 $15,332,500 $12,352,222 Average Price Per Unit $54,912 $60,713 $69,441 $63,093 Total Sales Volume $150,733,000 $126,283,200 $153,325,000 $111,170,000