Tremonton UT Real Estate Market Report November 2015

 

Tremonton Utah Real Estate Market Report -

November 2015

Do you want to see what has gone on in the Tremonton Real Estate market for the month of November, along with year over year comparisons? Take a look at our detailed report for the Tremonton UT market.

 

Tremonton Utah Real Estate Market Report November 2015

 

Tremonton UT Real Estate Activity for November 2015 vs November 2014

 

In November of 2015 there were 12 homes that sold within the month for Tremonton UT Real Estate. This was an increase in sales, as there were only 8 homes that closed in November of 2014.

 

The average list price for the homes that closed in November of 2014 was $118,000.

The average list price for the homes that closed in November of 2015 was $159,900.

 

The average sale price for the homes that closed in November of 2014 was $110,000.

The average sale price for the homes that closed in November of 2015 was $148,750.

 

The average market time (aka days on market) for homes that closed in November of 2014 was 103 days.

The average market time (aka days on market) for homes that closed in November of 2015 was 29 days. 

 

Homes Under Contract For November 2015

There were 11 homes that went under contract with buyers in the month of November. The average list price of the homes that went under contract was $156,290. The average time on the market for these homes were 65 days.

 

Current Homes for Sale Inventory Levels 

As of December 1, 2015 there are currently 34 homes on the market in Tremonton UT. The average list price of these homes is $176,200. The lowest list price is $90,000 and the highest list price is $374,900 with an average of 101 days on the market.

 

January 2012 - 2014 Final Year Real Estate Market Statistics for Tremonton Utah

 

For the period of January to December of 2014 there were 92 properties sold.

For the period of January to December of 2013 there were 106 properties sold.

For the period of January to December of 2012 there were 103 properties sold.

 

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

 

Tremonton UT Real Estate Market Analysis

During this November of 2015 there were 12 homes sold. That's a 50% increase over last year; which only had 8 sales in November of 2014. 

With the holiday and winter, home sales will begin to slow and inventory will . Winter may be the best time of the year to sell your home. Low inventory means less competition. Give us a call if you are thinking about getting your home sold before the Spring time flood of homes.

From January 1st through November 30, 2015 there have been 140 sales. At this same point in time last year there were 87 sales. That is a wonderful 61% increase in sales over 2014.


 

The above Tremonton Real Estate statistics are for single family residential properties ONLY. The numbers were collected by Angela Duong, with Coldwell Banker Tugaw Realtors, from the Wasatch Front Multiple Listing Service (WFRMLS).

Looking for a Tremonton UT Realtor? We happen to know where you can find one (or two). Contact Us. 

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The above article Tremonton UT Real Estate Market Report November 2015 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're 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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