LAYTON UTAH MARKET CONDITIONS REPORT

Although the market conditions in Layton are not what they were a few of years ago, we are in much better shape than many other areas around the country. In the Layton area there have been 65 homes sold in the last 30 days with the average price of $209,996. They have ranged in price from $4,500 to $465,000 with an average of 83 days to get sold. Homes over $250,000 are moving at a faster rate of 64 days on the market compared to homes under $250,000 that are taking an average of 89 days to sell. At the time of this report there are 398 homes for sale in Layton. The inventory of homes for sale in Layton has been declining for the last several months; this is a good sign for sellers. As of the time of this report Layton has 6.12 months of inventory available. A year ago we had nearly 10 months of inventory, at this time it appears the market is stabilizing.

For more information visit my web site at www.jimmcewen.com or give me a call at 801-686-5550. If you are looking for a home try our free web site http://www.FindYourUtahHome.com