Reported by Bobbie Clark, REALTOR, ABR, CHMS, CRS, GRI
Updated November 11, 2008.
Current Market Rating: 2
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Current Price Trend: 3
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Falling
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Third quarter 2008 compared to 2007 sees Layton area homes with average of 46.67% longer days on market or 66 days. There were less homes sold (204) this third quarter compared with 2007 with the average sales price down 5.16% or $231,209 for single family homes. There is a 22.24% decrease in new listings over 2007 same quarter. The number of new listings sold was up 10.37% over 2007 same quarter showing still strong interest by buyers as asking prices have decreased 5.34% or $264,188 average asking price.
Condo prices are up 11.69% compared to the same quarter last year with an average sales price of $170,742. The number of condos sold were down 6.67%.
ZIP Codes: 84040, 84041 Approximate Location Boundaries: North eastern area of Davis County, Utah - approximately 30 miles north of Salt Lake City.
Location Characteristics: Layton is a area of rolling hills and flat areas with I-15 passing through the middle of the city. With the new high speed commuter rail (Front Runner) operational April, 2008, it will ease comuter drive times to Salt Lake City employers. It is a lovely bedroom community of Salt Lake City and also for local Hill Air Force Base personnel. Hill Air Force Base is the main employer and the largest in the state. Residents have several entertainment, national restaurants, hotels, and retail shopping areas within the city conveniently located between Interstate-15. The western areas of Layton are booming with new housing construction.
About Bobbie Clark:
Regardless whether you are a first time buyer, experienced seller, or relocating employee, you will have the same dedication to your home finding needs. As a Coldwell Banker Residential Brokerage Professional, I offer you experience, market knowledge and attention to detail. I make new friends by serving people like you who need straight talk when it comes to buying or selling their homes. I'll make this major life change as stress-free as possible holding your hand throughout this complicated process. Contact me when you are ready to work with an experienced real estate professional. Buyers working with a REALTOR usually snap the best homes up before they come out in print materials. Don't miss the opportunity to find your 'dream' home on line before it's published! If you would like a email of homes as they come on the market in your price range, criteria, and location, email me for a free list. As a JustListed.com certified local Realtor, the more detail you can give, the better your list of available properties and I include the addresses for all homes and mapping the location of the property. I also am a HouseValues.com certified professional. I will be delighted to prepare a mini comparative market analysis of your Utah home online. Email me with from my website, wwwBobbieSellsUtah.com, with your home information with as much detail as possible and I will get back with you promptly. Internet marketing is my specialty and I love what I do! Testimonials: "Bobbie is a friend, but also quite knowledgeable about real estate. We put friendship aside and she was a through professional." K. Alstadt, West Hardford, CN.
"Bobbie's customer service is excellent and our purchase with Bobbie was the most positive real estate experience we have ever had...the best real estate sales associate we have had the pleasure to deal with." D. & A. Mackey, Clinton, UT
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
