Patricia C. and Todd S. Ryan sell 40 N. Escalante Drive, Elk Ridge

The home at 40 N. Escalante Drive, Elk Ridge was sold on May 6 by Patricia C. and Todd S. Ryan for $454,900.

The buyers were Stephen and Lydia Hales.

The property tax paid for this property in 2024 was $2,435. This is 0.5% of the assessed value of the home.

This property is one of nine sales in Elk Ridge (Utah County) from April 6 to May 6.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.