Syracuse, Utah Market Conditions

In Syracuse Utah there have been 25 homes sold in the last 30 days. They have ranged in price from $115,000 to $600,000 with an average of 101 days to get sold. Homes under $250,000 are spending 123 days on the market compared to homes over $250,000 that are taking an average of 83 days to sell. At the time of this report there are 216 homes for sale in Syracuse. At this time we have 8.64 months of supply on the market. A 6 month supply is considered balanced, any more than that is a buyer's market. Syracuse is the exception in Davis County. It's the only city In Davis County that homes over $250,000 sell faster than those in the less than $250,000 group.