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Providence Utah Real Estate Update

By
Real Estate Agent with Boomerang Leads

Overall, the real estate market in Providence Utah is in pretty bad shape. There are 77 active residential home listings with a median price at $296,950 and average price of $333,631. In the last six months 45 homes sold in Providence. These Providence Utah Real Estate listings had a median price of $234,000, average price at $256,029, and were on the market for an average of 100 days.

Providence homes priced less than $250,000 are still selling, and the low end market is actually pretty healthy. In the last six months, 27 homes less than $250,000 sold. There are currently 30 homes on the market in that price range.

There are 47 active listings priced more than $250,000 in Providence and 13 listings priced higher than $450,000. In the last six months only 18 listings above $250,000 sold; only one listing above $450,000 sold. Basically, home sales for The Bench areas are struggling.

Hold on. It could be a long winter for Providence Real Estate.

Ethan Poppleton
Return Properties LLC - Logan, UT
Increasing Value

Oh man, Providence isn't doing all that great compared to the rest of the cities.  I guess Providence isn't as desirable a place to live as it used to be.  Perhaps other Logan Utah Real Estate is doing better.

Aug 28, 2008 06:40 AM
Alan Barker
Boomerang Leads - Smithfield, UT

No... They just overbuilt there. Providence is still esteemed higher than Mendon and Nibley Real Estate. There are just more homes on the market in price ranges that just aren't selling right now....

Aug 28, 2008 08:36 AM
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Oct 01, 2011 08:44 PM
#3
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Oct 02, 2011 05:53 AM
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