Jeanette and Neil Gunnell and Gunnell Family Trust 04-24-2026 sell 128 W. Olympic Lane, Elk Ridge

The home at 128 W. Olympic Lane, Elk Ridge, was sold on May 26 by Jeanette and Neil Gunnell and Gunnell Family Trust 04-24-2026 for $511,500.

Jeanette and Neil Gunnell and Gunnell Family Trust 04-24-2026 were listed as the buyers.

Property taxes on the home totaled $2,738 in 2024, or 0.5% of the sale price.

This property is one of 19 sales in Elk Ridge, Utah County, between April 26 and May 26.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.