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S.L. County median home prices have dropped 6 percent

The median selling price of existing homes in Salt Lake County is now down to $240,000, off 6 percent from the height of the overheated market two years ago before home sales began plunging.
 
Realtors say a report released Tuesday suggests the market and prices could be stabilizing, but some economists believe values could fall further before the market reaches bottom. Original Article

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