Clinton Real Estate experienced decreases, but all were in the single digits. Number of homes sold declined 6.8%, median sold price slipped 5.7% and average sold price decreased 5%. Clinton has the lowest inventory at 5.2 months. Homes in Clinton are priced pretty close to what they sold for in '08.
Homes in Clearfield experienced the largest drop in number of homes sold in the county. 38 less homes sold, decreasing 34%. Part of the reason may be because sold prices increased slightly instead of decreasing like most other cities. Average sold price of Clearfield homes took a small climb of about $1,000 and median sold price increased close to $7,000. Current home prices are not far off from what they were sold at last quarter.
Homes sold in Centerville had a small increase from 23 to 29. Centerville Real Estate was also one of the few to see an increase in price. Average sold price stepped up 0.84% and median sold price increased 2.77%, taking sold price into the mid to upper $200,000 range. Considering the 69 Centerville homes currently listed, median price is 9.64% higher and average price is 19.38% higher.
Bountiful Real Estate sold 15 fewer homes last quarter, falling 22.4%. Sold median price fell about $27,000 and average price fell about $61,000. There are 205 actively listed homes in Bountiful and inventory is getting close to one year. Today's median price is in the mid-300's and average price is in the low to mid-500's.
The towns of Eden, Huntsville and Liberty are feeling the crunch. Only 8 homes in the Upper Ogden Valley sold, which is only 3 less than what sold during the second quarter of 2008. The worst part is that there are 170 homes listed on the market, rocketing inventory to over 5 years. Both Median and average sold price of Upper Ogden Valley Real Estate dropped 34%, bringing sold price into the $200,000 range. Sellers currently have median and average home prices over 50% higher, taking prices into the one-half million dollar range.
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Real Estate Specialist for Logan Utah Area Logan Real Estate - Cache Valley Real Estate Agent - Real Estate Internet Marketing Specialist - Cornerstone Real Estate Professionals
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