Sunday, November 2, 2008

YTD Housing Statistics

The purpose of this blog is to keep people informed about Cache Valley's real estate market. As most of the locals know, Cache Valley does not always follow the national trend in anything. Because of our different economy here, it can leave people with a distorted view of what really is happening in our valley. Real estate is currently one of the hot topics on the big news stations, but is it as bad as everyone says?

2008 Statistics

Q1

Q2

Q3

Average sales price:

$195,439

$202,130

$199,470

Avg price per sq/ft:

$84

$85

$83

List vs. sold price:

99%

98%

98%

# of homes sold:

194

277

297

Avg days on market:

63

66

83

# of new listings:

554

661

614



2007 Statistics

Q1

Q2

Q3

Average sales price:

$198,542

$190,140

$208,274

Avg price per sq/ft:

$80

$82

$84

List vs. sold price:

99%

99%

99%

# of homes sold:

228

360

336

Avg days on market:

71

62

53

# of new listings:

504

634

604

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