2008 has started off slow for Real Estate. Compared to last year, there has been about 40% less homes sold.
The number of homes sold in Davis County declined in February, compared to a year ago. There were 142 less single family residences sold as MLS listings this year vs. last year, a decline of 40%. The average February home sales price was actually up by more than $8,000, to $239,042.
Currently there are 2,076 residential properties listed in Davis County UT. The median list price is $289,900, and the average asking price is at $353,488
Here are the unofficial statistics for MLS Home Sales for Bountiful in 2007
Number of Single Family Homes Sold: 307 Average Sold Price: 347,080 Median Sales Price: 265,500 Average Days on Market: 45
Number of Condominiums Sold: 98 Average Sold Price: 160,888 Median Sales Price: 154,900 Average Days on Market: 29
ZIP Code: 84010 Approximate Location Boundaries: South part of Davis County, Just North of Salt Lake
Location Characteristics: Bountiful is the City on Hill. Just when you thought there was no more room to grow, developers found a way to keep building up an up, bigger and bigger.
There is still some mountain left and some great recreational places in the city of Bountiful.
About Bountiful Homes - Alan Barker:
Cornerstone Real Estate Professionals is a group of top Northern Utah Real Estate Agents who focus on providing the best communication and technology to assist us in the real estate transaction. For more information visit: UtahCornerstone.com or Cache Valley Homes
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.