Tremonton UT Real Estate Market Report - May 2016

Tremonton Utah Real Estate Report - May 2016 Edition

 

Do you want to know what has happened in the Tremonton Real Estate market for the month of May 2016, along with year over year comparisons? Here you will see a comprehensive overview of the market in Tremonton for May, as well as year over year results. While you are checking out the Tremonton UT Real Estate Market report have a look at our Tremonton 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

Tremonton UT Real Estate activity For May 2016 vs. May 2015

In May 2016 there were 16 homes that closed during the month for Tremonton UT real estate. This is 6 more than the 10 homes that closed in March 2015.

  • The average list price for the homes that closed for May 2015 was $158,270. 
  • The average list price for the homes that closed for May 2016 was $173,906.

  • The average sale price for the homes that closed for May 2015 was $151,700.
  • The average sale price for the homes that closed for May 2016 was $172,016.

  • The average sold to list price for the homes that closed for May 2015 was 96%.
  • The average sold to list price for the homes that closed for May 2016 was 99%.

  • The average market time (aka Days on Market) for the homes that closed in May 2015 was 105 days.
  • The average market time (aka Days on Market) for the homes that closed in May 2016 was 48 days.

  • The total amount of volume for the homes that closed in May 2015 was $1,517,000.
  • The total amount of volume for the homes that closed in May 2016 was $2,752,262.

Homes Under Contract for May 2016

There were a total of 20 homes in Tremonton UT that were under contract or sale pending through May 31, 2016. (of the 20  total homes, 17 homes went under contract during May 2016). The average market time for these 20 homes was 38 days. The average list price for these homes under contract was $196,050.

Current Tremonton UT Homes for Sale Inventory Levels

As of the 3rd of June there are currently 38 homes on the market in Tremonton Utah. The average list price is $231,177. The lowest list price for a single-family home is $99,000, and the highest list price for a single-family home is $850,000. Current average days on market is 91 days.

Final Year Real Estate Market Statistics 2012-2015 for Tremonton Utah

  • From January 2012 through December 2012 there were 103 homes sold.
  • From January 2013 through December 2013 there were 106 homes sold.
  • From January 2014 through December 2014 there were 92 homes sold.
  • From January 2015 through December 2015 there were 150 homes sold.

  • For the period of January to December 2012 the average list price was $167,507, the average sale price was $150,516, and the average market time was 152 days.

  • For the period of January to December 2013 the average list price was $163,906, the average sale price was $153,887, and the average market time was 122 days.

  • For the period of January to December 2014 the average list price was $167,076, the average sale price was $156,550, and the average market time was 129 days.

  • For the period of January to December 2015 the average list price was $173,442, the average sale price was $165,784, and the average market time was 126 days.

The above Tremonton 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 Tremonton Homes For Sale

For a complete list of available real estate in Tremonton UT, visit Tremonton 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 Tremonton UT home is worth and to discuss your housing needs.

 

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The above article Tremonton UT Real Estate Market Report - May 2016 was provided by Angela Duong. Angela can be reached at aduong2281@gmail.com or by phone at 435-225-5200. With over 12+ 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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