There are as of 1 October 2008, 65 active homes on the market with another 24 homes under contract for a total of 89.  By calculating what percentage of the total the 24 homes under contract are you know if Centerville is a buyers or a sellers market.

24 divided by 89 = 35%.

If the % is under 25 percent then it is a buyers market.  If it's over 25% then it's a sellers market.

So Centerville, UT is currently experiencing a seller's market.

To find out more about market conditions in Utah just give me a call at 801-540-3825.

 
Posted by Gerald Richards on 09/30/2008 02:27 PM   Comments (0)  
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Gerald_hd

Gerald Richards

Layton, UT

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Team One - Coldwell Banker Residential Brokerage

Address: 1597 Woodland Park Dr, Layton, UT, 84041

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