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.