Brigham City UT Real Estate Market Report February 2016

Brigham City Utah Real Estate Report - February 2016

 

Do you want to know what has happened in the Brigham City Real Estate market for the month of February 2016, along with year over year comparisons? Here you will see a comprehensive overview of the market in Brigham City for February, as well as year over year results. While you are checking out the Brigham City Real Estate Market report have a look at my Brigham City Community Page, where you will see why the city is a popular choice for many home buyers relocating to the Northern Utah area.

Brigham City UT Real Estate Market Report - January 2016

Brigham City UT Real Estate activity For February 2016 vs. February 2015

In February 2016 there were 12 homes that closed during the month for Brigham City UT real estate. This is 1 less than the 13 homes that closed in February 2015.

  • The average list price for the homes that closed for February 2015 was $152,706. 
  • The average list price for the homes that closed for February 2016 was $153,046.

  • The average sale price for the homes that closed for February 2015 was $141,706.
  • The average sale price for the homes that closed for February 2016 was $149,521.

  • The average sold to list price for the homes that closed for February 2015 was 93%.
  • The average sold to list price for the homes that closed for February 2016 was 98%.

  • The average market time (aka Days on Market) for the homes that closed in February 2015 was 60 days.
  • The average market time (aka Days on Market) for the homes that closed in February 2016 was 59 days.

  • The total amount of volume for the homes that closed in February 2015 was $1,842,184.
  • The total amount of volume for the homes that closed in February 2016 was $1,794,250.

Homes Under Contract for February 2016

There were a total of 30 homes in Brigham City UT that were under contract or sale pending through February 29, 2016. (of the 30 total homes, 20 homes wend under contract during February 2016). The average market time for these 30 homes was 95 days. The average list price for these homes under contract was $216,630.

Current Brigham City UT Homes for Sale Inventory Levels

There are currently 40 homes on the market in Brigham City Utah. The average list price is $270,110. The lowest list price for a single-family home is $79,900, and the highest list price for a single-family home is $895,000. Current average days on market is 98 days.

Final Year Real Estate Market Statistics 2012-2015 for Brigham City Utah

  • From January 2012 through December 2012 there were 177 homes sold.
  • From January 2013 through December 2013 there were 204 homes sold.
  • From January 2014 through December 2014 there were 215 homes sold.
  • From January 2015 through December 2015 there were 213 homes sold.

  • For the period of January to December 2012 the average list price was $143,040, the average sale price was $132,997, and the average market time was 101 days.

  • For the period of January to December 2013 the average list price was $156,500, the average sale price was 148,046, and the average market time was 93 days.

  • For the period of January to December 2014 the average list price was $164,135, the average sale price was $158,458, and the average market time was 88 days.

  • For the period of January to December 2015 the average list price was $170,814, the average sale price was $163,687, and the average market time was 69 days.

The above Brigham City Utah Real Estate statistics are for single family residential homes ONLY, and do not include condos, townhouses, or multi-family homes. The numbers were collected by Angela Duong, with Coldwell Banker Tugaw Realtors®, from the Wasatch Front Multiple Listing Service (WFRMLS).

Find Brigham City Homes For Sale

For a complete list of available real estate in Brigham City UT, visit Brigham City Real Estate & Homes for Sale. Make sure to subscribe to our blog so you don't miss out on market reports and real estate related blog posts. Contact us to find out what your Brigham City UT home is worth and to discuss your housing needs.

 

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The above article Brigham City UT Real Estate Market Report - February 2016 was provided by Angela Duong. Angela can be reached at aduong2281@gmail.com or by phone at 435-225-5200. With over 10+ years experience, if you are thinking of selling or buying, I would love to share my marketing knowledge and expertise.

 

Angela Duong

Hi there! I'm Angela Duong, a REALTOR® in Northern Utah with Coldwell Banker Tugaw Realtors. I am the owner of this website MADHomesUtah.com and I enjoy helping home buyers and home sellers through the process of buying and selling real estate. I have a passion for technology, marketing, helping people,  and creating informational content on this website. Please feel free to comment below, or share this article socially. 

 

 
 

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