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Layton Utah Real Estate Update

By
Real Estate Agent with Keller Williams Success Realty

Although the market conditions in Layton are not what they were a few of years ago we are in much better shape than many other areas around the country. In the Layton area there have been 71 homes sold in the last 30 days.  They have ranged in price from $20,000 to $740,000 with an average of 103 days to get sold.  Homes under $250,000 are moving at a much faster rate of 95 days on the market compared to  homes over $250,000 that are taking an average of 133 days to sell.  At the time of this report there are 454 homes for sale in Layton.  The inventory of homes for sale in Layton has been declining, this is a good sign for sellers. We will need to watch this trend carefully. AS of the time of this report Layton has 6.39 months of inventory available.   Keep in mind these numbers are during the peak selling season.

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