In Syracuse Utah there have been 25 homes sold in the last 30 days. They have ranged in price from $114,000 to $572,384 with an average of 105 days to get sold. Homes under $250,000 are spending 128 days on the market compared to homes over $250,000 that are taking an average of 81 days to sell. At the time of this report there are 272 homes for sale in Syracuse. At this time we have 10.88 months of supply on the market. A 6 month supply is considered balanced, any more than that is a buyer's market. The market is very price sensitive. If you need to sell your home you must price it right from the start, any other pricing strategy is not likely to yield the results you are looking for.
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