2014 2nd Quarter Utah Home Sales Data – When’s the Best Time to Sell?
This Week I Cover…
- The 2nd quarter, 2014 sales data are in – what’s the market doing?
- Which county has the highest sales price growth? The answer might surprise you!
- What you can expect for the rest of 2014.
- Home spotlights in Layton and Kaysville, two of the best markets right now.
- Much more…
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Hello everyone! This is Ann Zieve with the Northern Utah Home Team and Keller Williams success realty. I’m here to give you my weekly market update. And today I have sales data from second quarter 2014 so we’ll go over that we’ll also look at some homes on the market. So let’s get started.
And first up we have the sales data for Weber County. This is showing us this green line is the number of units listed. The blue line is the median sales price and the red line is the number of units sold by quarters from 2014 back to 2009. And we can see at the end second quarter 2014, the number of units listed has increased from first quarter. It’s about the same where it was a year ago. Our median sales price has dropped from where it was a year ago although it is up slightly from the first quarter and the number of units sold has increased from first quarter but again it’s about where it was a year ago. So if trends continue the way they did last year we can expect to see number of homes listed, sold and prices starting to decrease as we go in to the third quarter for Weber County.
Well let’s take a look at Davis County. Here’s the data for Davis County. We are looking at the same things but we can see as slightly different pattern. For one thing, the median sales price is up at 219,000 which is an increase from where it was a year ago and an increase from where it was at first quarter. If you remember Weber County, the median price is around 150,000 so quite a bit higher in Davis County. Number of units listed has increased from first quarter and about where it was a year ago and the same with the number of units sold increased from first quarter about where it was a year ago. Now in Davis County, we could also expect to see if trends continue from a year ago, that the number of units listed and sold will start to decrease but a year ago the price continue to increase for another quarter so we’ll keep an eye on that and see if our prices are going to continue to increase in Davis County. Well let’s take a look at some home in the market in Davis County.
And first up is 329 Whits End in Kaysville. This is a beautiful 4 bedroom 5 bath home on almost an acre (0.84), has some great features with water features, a huge barn in the back and every bedroom has its own bath so they’re all set up like suites. This is a beautiful over 4,000 sq. ft. home on the end of a cul-de-sac and definitely worth checking out.
And next we have 1230 Fairmont Lane which is in Layton. This is a 4,700 sq. ft. home with 7 bedroom 5 baths at the end of the cul-de-sac. On over a half acre, I’m sorry it’s .39 acres and it has a mother-in-law suite on the main floor which is a very rare find. You can see all the beautiful finishes, lots of space in here for everyone and extended family as well.
So that’s the end of this week’s market update. Feel free to give us a call, a text or an email if we can help you with your real estate needs and until then, keep living smart.