Home prices up 19% in Magna

For the third quarter of 2007, home prices increased 19% when compared to the same quarter last year according to the Wasatch Front Multiple Listing Service. That was the third largest price gain in the county. Prices were up only 5% for all of Salt Lake County. 102 homes were sold in Magna between the months of July and September, at an average price of $179,900.

Where do local realtors think Magna's real estate market is headed? Pick up a copy of next week's Magna Times to find out.