There are as of 8 May 2008, 58 active homes on the market with another 22 homes under contract for a total of 80. By calculating what percentage of that total the 22 homes under contract are you know if West Point is a buyers or a sellers market.
22 divided by 80 = 28%.
If the % is under 25 percent then it is a buyers market. If it's over 25% then it's a sellers market.
So West Point, 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
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