West Point, UT

West Point homes decreased 25% but prices went the other direction. Real estate in West Point went from a median of $189,000 to $200,000 and average prices stayed pretty close to the same.

The number of homes in West Point sold more than doubled from 2000 to 2006. Since that time, numbers have steadily fallen, while prices have dropped to where the 4% appreciation would put them. West Point Real Estate had an average sold price in the low 200s last year.

There are as of 1 October 2008, 77 active homes on the market with another 13 homes under contract for a total of 90. By calculating what percentage of the total the 13 homes under contract are you know if West Point is a buyers or a sellers market.

13 divided by 90 = 14%.

If the % is under 25 percent then it is a buyers market. If it's over 25% then it's a sellers market.

So West Point, UT is currently experiencing a buyer's market.

To find out more about market conditions in Utah just give me a call at 801-540-3825

There are as of 8 May 2008, 58 active homes on the market with another 22 homes under contract for a total of 80. By calculating what percentage of that total the 22 homes under contract are you know if West Point is a buyers or a sellers market.

22 divided by 80 = 28%.

If the % is under 25 percent then it is a buyers market. If it's over 25% then it's a sellers market.

So West Point, UT is currently experiencing a seller's market.

To find out more about market conditions in Utah just give me a call at 801-540-3825