Riverdale City Market Report

By
Real Estate Agent with Team One - The Franklin Group

There are as of 10 May 2008, 62 active single family homes on the market with another 12 homes under contract for a total of 74.  By calculating what percentage of that total the 12 homes under contract are you know if Riverdale is a buyers or a sellers market.

 

12 divided by 74 = 16%.

 

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

 

So Riverdale, UT is currently experiencing a buyer's market.

 

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

Comments (0)