Perhaps the boom town of Herriman boomed a little too fast. It looks like many of the 426 active listings were purchased by investors who never intended on living in the homes, or builders who built them out of speculation. During the first half of 2008 approximately 220 Herriman Homes listed on the MLS sold. These homes sold with an median list price of 295,000 and a slightly higher average price at $309,000. Currently most of the homes for sale in Herriman are quite a bit more expensive than those that are selling. The median price of homes listed is $375,000  with an average price at $413,000. There are approximately 426 homes on the market. At the pace homes were sold during the second quarter, it will take 10.6 months to exhaust just the present inventory. Lets just hope more people want to keep buying the expinsive homes for sale in Herriman soon.

If you're trying to sell in Herriman, and can't figure out why your home isn't selling just look down the street, and then make sure your price is the most affordable.