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Nibley, UT

Nibley, Utah Real Estate Market Update 11-26-08

11-27-08
Robert Brown
Robert Brown: Real Estate Agent in Logan, UT

Today there are 54 Active Residential Listing is Nibley Utah. With 5 Under Contract.

81 homes have sold in the past year in Nibley, Utah.

The average days on market is higher than the Cache Valley DOM at 141.

The average sold price in Nibley, Utah for this year is $218,184. The average List price is $254,037.

If you have any questions about Nibley Utah Real Estate please give me a call.

Robert J. Brown

Cornerstone Real Estate

Cell: 435-760-1113

Fax: 435-752-4498

Email: Robert@LiveInLogan.com

www.forsalebyrobert.com

www.utahcornerstone.com

Nibley Utah Real Estate Market Snap-shot

09-02-08
Alan Barker
Alan Barker: Real Estate Agent in Logan, UT

It looks like the booming Nibley Utah real estate market has slowed down. There are currently 72 MLS homes for sale in Nibley. In the last year, only 74 listings sold. If home sales continue at the pace they've been for the last year, it will take almost a full year to sell all the existing housing inventory if no new properties were listed.

The fact is, in a town like Nibley there will only be more listings. The other dilema is that the price of the active listings is more than the price of the homes that have sold. The current active median list price is $237k the median sold price was $204k.

Nibley is a nice area, and there are many nice homes for sale. The only problem is that there are too many of them. It's a buyers market in Nibley and there is a good chance you can get quite the deal by buying from a motivated seller.