So How's the Real Estate Market in Holladay Utah?
First off there are some really expensive homes for sale in Holladay, There are more than 110 homes on the MLS in Holladay priced above half a million. and 42 homes for sale that are priced at more than 1 million. The most expensive listing in Holladay is almost 8 million. Because of all these high end homes, the average price of Holladay Utah home listings is an outrageous $702,281. The median price, the price where half of the listings are more expensive and half are less expensive stands at 428,000. There are currently 280 active MLs listings.
During the first half of '08 only 108 homes listed on the MLS were actually sold in Holladay. The median price of these sold homes was just $285,000 and even the average price was just $304,856. That's less than half of the average list price. At the pace homes sold during the first quarter, Holladay currently has about 13 months of inventory, and that stat doesn't even account the fact that very few people are buying the really expensive Holladay Homes.
Comments(0)