Special offer

Centerville, UT Real Estate News

We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.  On a year over year, YTD comparison currently (.89) % of new listings are being sold.         SUMMARY  Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are doing some bottom fishing. For more details or just to chat about market conditions please feel fr...
Comments 0
By Gerald Richards
(Team One - The Franklin Group)
There are as of 1 October 2008, 65 active homes on the market with another 24 homes under contract for a total of 89.  By calculating what percentage of the total the 24 homes under contract are you know if Centerville is a buyers or a sellers market. 24 divided by 89 = 35%. If the % is under 25 percent then it is a buyers market.  If it's over 25% then it's a sellers market. So Centerville, UT is currently experiencing a seller's market. To find out more about market conditions in Utah just give me a call at 801-540-3825.
Comments 0
By Alan Barker
(Boomerang Leads)
Centerville has about 85 residentlial listings on the market. For the first half of 2008 there was an average of 11 listings sold each month in Centerville. These active listings have a median price at $307,000 and an average list price of $378,446. Of the 65 listings that sold during the first half of the year the median sold price was $240,000 and the average sold price stood at $253,580. The homes that are selling are priced substantially lower than the homes that are for sale in Centeriville Utah. 
Comments 0
By Julie Neerings~Lifting Hearts ♥ Building Dreams~
(Agent Referral)
Centerville~Davis County Utah: February 2008 Real Estate Market Report Welcome to the Heart of Utah Real Estate monthly real estate market report for Centerville, Utah located in Davis County. As with previous market reports, this report will be broken down into two different sections, one for Single Family Residence's and the second for Condos. Please keep in mind that the real estate market report I have provided is a compilation of a large price range for the entire city of Centerville and should not be confused as being the price in which your home will currently sell for. Also please take note: “SOLD” indicates all the properties that sold during the month of February 2008. “Under Contract” are the properties that have gone through negotiations and are currently awaiting their clos...
Comments 0
By Julie Neerings~Lifting Hearts ♥ Building Dreams~
(Agent Referral)
Centerville~Davis County: January 2008 Real Estate Market ReportWelcome to the beginning of my 2008 monthly real estate market report for Centerville, Utah located in Davis County. This report will be broken down into two different sections, one for Single Family Residence and the second for Condos. Please keep in mind that the real estate market report I have provided is a compilation of a large price range for the entire city of Centerville and should not be confused as being the price in which your home will currently sell for. Also please take note: “SOLD” indicates all the properties that sold during the month of January 2008. “Under Contract” are the properties that have gone through negotiations and are currently awaiting their closing date as of the date I pulled this report (2/...
Comments 0
Explore Centerville, UT
Centerville, UT Real Estate Professionals