Local Luxury Home Experts
Out of all the homes in South Jordan above the $2 million mark to date in 2022, Utah Dave™ listed and sold 75% of them. A common misconception amongst luxury homeowners is that when you're ready to sell, you need to list with a big national brand. Utah Dave™ just proved that real estate is local—and having the right expert sell your home is more important than having a fancy brand name. While we do work with many out-of-state buyers and market heavily online, every one of these homes were sold to people from Utah. They were all locals.
An Emerging Luxury Home Market
One of the interesting things about South Jordan is that the median household income is one of the highest in the state at $106,824 according to the US Census of 2020. Even though it has one of the highest household incomes, South Jordan never had a home sell for over $2 million dollars until 2020. Now, South Jordan has broken the threshold and has multiple homes sold and for sale at that price point on the existing market.
As of August 31 2022, there have been 4 homes that resold in 2022 over the $2 million mark. We represented 75% of them. One of the interesting things about comparing South Jordan to Alpine or Draper, where household incomes are slightly higher, is that South Jordan has the lowest poverty level—making this emerging luxury home market especially attractive.
Explore current luxury homes for sale by following this link or contact Utah Dave today to learn more.
Posted by Dave Robison on
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