Wednesday, July 1, 2009

Cache County Home Sales down 25%

2009 is half way over. Home sales in Cache County are clearly down. Over the past six months sales of Cache County Houses are down 25.16% and Condo sales are down 24.56%. Average and median prices of homes are also down. The median sales price dropped by 5% and the average sales price was down 6.73%.

One interesting disparity is the difference between home sales more and less than $200,000. While homes priced less than $200,000 were only down 15.54%, home sales for prices above $200,000 were down by more than 41%. Home sales were also significantly down in Wellsville, not because Wellsville is less popular this year, but because most of the Wellsville Homes for Sale are too expensive. 

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