Hyde Park, Utah Real Estate Year in Review

Overall 2008 was a strong year for real estate in Hyde Park, Utah. Total there were 50 homes sold.  Prices ranged from $65,000 for a 2 bed 1 bath home with 820 square feet to $580,000 for a 6 bedroom 5 bath home with 5040 sq. feet.  The Median sell price was $236,000 with the average being $261,361. For the year the average number of days on the market for sold homes was 76 days. The last few months have been a bit longer, but overall not bad.

Currently there are 39 homes on the market with 5 under contract. Winter in always slower for home sells in Cache Valley, but I would suspect that if interest rates stay low, by spring things will began to pick up and 2009 will be another great year for real estate in Hyde Park.

To search the Utah MLS or to see all the homes for sale in Hyde Park visit my web site, UThomelist.com

Johnnie Rosser

RE/MAX Excel

435-760-0639