![]() |
|
|
There are as of 10 May 2008, 239 active homes on the market with another 88 homes under contract for a total of 207. By calculating what percentage of that total the 88 homes under contract are you know if Roy is a buyers or a sellers market.
88 divided by 327 = 27%.
If the % is under 25 percent then it is a buyers market. If it's over 25% then it's a sellers market.
So Roy, UT is currently experiencing a seller's market.
To find out more about market conditions in Utah just give me a call at 801-540-3825
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved