Davis County / Utah County 2nd Quarter 2016 Home Prices

By
Real Estate Agent with Urban Utah Homes & Estates

Both Utah County and Davis County continued their upward trend in the 2nd quarter 2016. Median sales prices were up and homes sold a lot faster than the same time last year.

Davis County

Another strong quarter for Davis County single family home prices saw the median sales price climb 11.60% to $267,000, which were the biggest gains across Salt Lake,  Utah and Davis County. These price increases were driven by strong home sales which climbed 6.74%. Homes also sold fast, really fast, taking a median of just 8 days to go under contract.

Below are the best and worst performing southern Davis County areas:

Best Performing Areas
Clearfield – 84015 – Up 13.61% - $217,000
Layton – 84040 – Up 12.51% - $294,900
 
Worst Performing Areas
Centerville– 84014 – Down 2.2% - $288,500
Bountiful – 84010 – Up 5.81% - $275,000

For a more detailed breakdown please visit our Davis County Home Sales page.

Utah County

Utah County returned another strong quarter with median sales prices returning a 7.55% increase, with the new median sales price for a single family home now standing at $285,000.  All this was despite a drop in the sales volume, which declined slightly, dropping 1.69%.  The median number of days it took to put a home under contract dropped over 40%, taking just 13 days, which while not the single figure levels seen in other counties, still points to a very strong sellers market.

Below are the best and worst performing northern Utah County areas:

Best Performing Areas
American Fork – 84003 - Up 22.69% - $368,000
Mapleton – 84664 - Up 16.24% - $388,250
 
Worst Performing Areas
Lindon– 84042 - Down 7.76% - $350,500
Alpine – 84004– Down 3.55% - $475,000

For a more detailed breakdown please visit our Utah County Home Sales page.

The original Davis County / Utah County Home Prices article appearing on my real estate blog. 

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Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Trela Bird These are very good helpful latest stats for Davis & Utah Counties.

Aug 11, 2016 11:19 AM #1
Rainmaker
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Garreth Wilcock
Sherlock Homes Austin - Austin, TX
Homes at Mueller

Nice set of information you have here Trela! Thanks for sharing! All the best!

Aug 11, 2016 08:15 PM #2
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Rainmaker
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Trela Bird

Realtor, Salt Lake City Utah
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