Kim Novak's Utah Real Estate Blog

News, Trends & Discussions About The Real Estate Market in Northern Utah

Hyrum UT Real Estate Update

* Only 14% of the current single family home MLS listings are under contract
* None of those listings under contract are "short sales"
* 18% of the listings under contract are vacant
* The median price of the listings under contract is $169,900
* The median price of active listings is $180,000
* There is a 5.9% disparity between what sellers want to sell their homes for and what buyers are ready, willing and able to pay for a home

Hyrum Market Summary Report - Under Contract Listings Hyrum Market Summary Report - Active Listings

Source: Wasatch Front Regional Multiple Listing Service

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Kim Novak is a Broker Associate with RE/MAX Masters in Salt Lake City and Layton, Utah. She holds a BSBA with an emphasis in Sales & Marketing and has achieved the designations of ABR: Accredited Buyer Representative, CDPE: Certified Distressed Property Expert, CRS: Certified Residential Specialist, CSP: Certified New Home Sales Professional, GRI: Graduate of the Realtor® Institute, SRES: Seniors Real Estate Specialist and ePRO: Internet Professional. Licensed in 1995, Kim has closed over 500 sales during her full time real estate career. 

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0 commentsKim Novak • November 13 2009 09:03AM