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