As of the end of the 3rd Quarter there were 765 homes listed on the Multiple Listing Service. The average list price was $256,951. The average market time has been 101 days. Last year at the end of the 3rd Quarter there were 748 listings with an average price of $251,390. The average market time last year was 91 days.
So far in 2008 there have been 874 homes sell with an average sales price of $191,834 and an average Days on Market time of 72 days. We are averaging about 95 sold homes per month meaning that if no more new listings came on the market we would have enough inventory for 8 months.
It seems to be heading to a pretty good buyers market here in Cache County.....time to get out and pick up some good property!
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