Tuesday, April 28, 2009

Smithfield Utah Homes - 2009 Smithfield UT Home Sales Numbers

The first third of 2009 has seen a large decrease in home sales, and average prices of homes sold in Smithfield Utah. Smithfield Utah Home sales peaked in 2006 when 140 residential homes sold.

So far this year, only 22 homes have sold in Smithfield Utah. The median sales prices of these homes ($150,000) is far less than the median price of homes sold last year, ($174,950) and the median price is more than $65,000 less than the median list price ($215,000) of Smithfield Utah Homes.

There are currently 76 Smithfield Utah Homes for Sale. This is a years worth of inventory at 2008's sales pace, and even more at the pace set during the first four months of 2009. Six of these listings include Smithfield Utah Condos.

Click this link for more information about Smithfield Utah Real Estate.

Cornerstone #1 Brokerage for Buyers in Cache County Utah

Cornerstone Real Estate Professionals may not be the largest brokerage, it doesn't have the most agents, and certainly doesn't have the most listings, but in the last six months, more buyers have used Cornerstone than any other real estate brokerage in Cache County.

Buyers use Cornerstone Real Estate Professionals because we give them the power. We give Cache Valley Home buyers the tools they need to make informed decisions regarding home buying. We also provide prompt and professional service.

Here are the stats for Cache County Home Sales over the past Six Months:

To use Cornerstone Real Estate's home search tools, visit one of our websites:

Cache Valley Homes
Logan Utah Homes
Providence Utah Homes
Hyrum Utah Homes
Smithfield Utah Homes
Utah Real Estate
Utah Homes for Sale

Monday, April 27, 2009

Home Sales Statistics for Hyrum Utah

Hyrum Utah Homes

The Hyrum Utah Real Estate Market has a little bit different pattern than most of Cache Valley. Home sales in Hyrum actually peaked in 2005.

Of the homes sold during the first four months of the year, the median price was $145,500 and the average price was at $140,153. These are substantially less expensive than the active average list price of $203,298.

To view all current Hyrum Utah Homes for Sale this link will take you to Cornerstone Real Estate Professionals effective search results.

Wednesday, April 8, 2009

1st Quarter 2009 Months of Inventory Price Break Down

This chart shows the months of active inventory of homes for sale in Cache County in comparison to the sales statistics for the first quarter of 2009. January and February were the slowest month for Home Sales in Cache County in nearly a decade. During this time period homes priced between $140,000-$159,999 sold at a "neutral market pace" and sold in less than 7 months. All other price ranges are experiencing a buyers market. Sellers with homes priced above $350,000 are experiencing a very heavy buyers market, and there are multiple years of inventory.

Wednesday, April 1, 2009

Cache County Home Stats for March - Homes less than $200,000 are selling quickly.

Home Sales are up in Cache Valley for March compared with February, especially for homes less than $200,000. More than half of all the Cache County Homes sold in March were priced between $140,000 and $200,000. Nearly 77% of the homes sold were less than $200,000.

On the market right now there are 733 residential homes for sale in Logan. Only 46% of these listings are priced less than $200,000. The largest section of homes for sale are priced between $200,000-$250,000, more than 17%. Just 32% of the active listings are priced between $140,000 and $200,000.

It is still a buyers market overall in Cache County, but the starter homes are selling quickly.