In Providence Utah there are 58 currently active real estate listings on the Providence Utah MLS.
In Providence Utah there are currently 5 homes under contract.
In January of 2010 there were 3 Providence Utah homes that sold.
Those homes sold were on the market an average of 66 days and sold at an average price of $222,667 at an average of $68 a square foot.
Out of those 3 homes sold, 2 of them were priced over $200,000.
Compare To 2009
In Providence 2009 there were a total of 4 Providence Utah homes sold.
Those homes sold were on the market an average of 93 days and sold at an average price of $215,500 at an average of $99 a square foot.
Out of those 4 homes sold, 2 were under $200,000 and 2 were sold over $200,000.
HOME SALES PER QUARTER PROVIDENCE UTAH JANUARY2005 DECEMBER 2009
This graph shows homes sold, median sold price, and the amount of inventory of homes on the market from January 2005 to the end of 2009. The 3rd quarter of last year, the Providence market had it's best quarter, which was helped by the first time home buyer tax credit.
The graph also shows the median price of the Providence Utah real estate market has remained steady over the last 3 years. The graph also shows a decline in home sales in Providence beginning in the 1st quarter of 2007. Although home sales have decreased, the price of those homes sold has leveled off, which is a good sign as we move into the recovery from the recession.
It will be interesting to see if the amount of homes sold increases in the first quarter of 2010 compared to the first quarter of 2009. The second quarter is going to show a descent amount of sales with the extended home buyer tax credit expiring.
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