Riverton UT-Real Estate & Homes For Sale Information.

This Information on Riverton UT Real Estate and Homes for Sale for Oct, 08 is provided by Group1 for clients looking to buy or sell a home in the Salt Lake Valley in the near future.

The information is designed to provide timely and important Real Estate statistics to those looking to evaluate Real Estate trends about homes for sale, prices for Riverton Homes/Condos, Homes listed in Riverton UT. and an overview of distressed properties. IE: Bank Owned, HUD Homes, REOs, Homesteps, & Short Sales.

These housing statistics are compiled by the Wasatch Front Regional MLS, and are a composite of all the homes listed for sale by local Realtors.

The scope of this report is all of the homes for sale, and condominiums listed for sale in Riverton Utah. Assessments of other cities and towns along the Wasatch Front that make up the Salt Lake Market will be analysed in other reports..

While we believe the statistics, and assumptions in this report are accurate, it can not contain information on all of the homes for sale in Riverton. New Homes in Riverton (New Construction) like those by Ivory Homes,@Summerfield, and Summerwood Estates, Western Springs by Perry Homes or Town-Homes and Condominiums in Countryview by Peterson Homes, are not included in this report, as New Home Builders generally sell homes from Model Homes, using other promotional means and employing their own representation. ( read our page about "buying a new home").

The same is true with homes for sale by owner (FSBOs). Even though a high percentage of these houses are ultimately sold by Realtors most FSBOs do not list their house on the MLS.

RIVERTON HOMES FOR SALE:

Total Listings of Riverton Homes For Sale:

• There are currently 335 single family homes for sale in Riverton.
• 17 are Condominiums.
• 60 of those homes (3 condos) were listed w/in the last 30 days.
• In the last 30 days 23 homes were put under contract. (1 condominium).
• Five of the 22 single family homes sold and closed last month was a Condo.

October Home Sales In Riverton Utah:

• The median list price of Riverton homes listed last month was $299,450
• The median sales price of homes sold in Riverton last month was $285,850
• This represents an 4.5% discount.
• The $113 per sq ft sales price was up $3.00 from last years $110 per sq ft.
• The median house sold in Oct, was a 4 bdrm 3 bth.
• Median days on market of 77 was an increase of 49 days over last year.

Riverton UT Foreclosures & Pre-foreclosures Information:

• Currently 63 homes for sale in Riverton are distressed.IE: Bank Owned, HUD Home, Homesteps, Short Sales, or require third party approval for any transaction.
• That represents almost 19% of the homes for sale in Riverton, Utah.
• None of the foreclosed or pre foreclosed homes are condominiums.
• 7 of these problem houses were listed in the last 30 days.
• over the last 30 days only 1 distressed house was placed under contract.
• During that same time 4 foreclosed homes were sold and closed.

We hope you have found this information helpful in your home search and that you will look to Group1 as a trusted resource for all of your Real Estate needs.

To view the over 8000 Salt Lake homes for sale or the over 625 homes for sale in Riverton mentioned in this report visit our website at Salt Lake Homes, you will have access to almost everything a Realtor would have to help you with your search for a house; pictures, maps, prices, terms and pertinent information. No registration is needed.

To look at all of the Bank Owned, Foreclosed or Short Sale Homes listed in one place check out Foreclosures. Come back often as we update daily and we offer the service at no charge.

Or you can call us @ 801-567-0946 to discuss this Information on Riverton Real Estate & homes for Sale Oct, 2008.