Shannon D. and Elena Nikolaevna Loree purchase 862 N Valley View Circle, Elk Ridge, appraised at $684,700

The home at 862 N Valley View Circle, Elk Ridge, was sold on June 8 by Elena Nikolaevna and Shannon D. Loree for $684,700.

Shannon D. and Elena Nikolaevna Loree were listed as the buyers.

Property taxes on the home totaled $3,665 in 2024, or 0.5% of the sale price.

This property is one of 13 sales in Elk Ridge, Utah County, between May 8 and June 8.

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.