Wednesday, October 3, 2012

Roy and Weber County Real Estate

My last blog was about the entirety of the real estate market in Weber and Davis Counties.  If you know northern Utah these 2 counties make up a good portion of the state's population so using the entire county it's hard to know how your specific city or neighborhood measures up.

Let's take a look the Roy Utah home market,
203 single family homes on the market - total. 203 homes for sale in Roy.

That's nothing when you see what's next:
The past 30 days
50 homes under contract and 38 SOLD.  That's 88 homes leaving the market because of sales. 
Contrast that against 48 homes new to the market and we're negative 40 for the past 30 days. 
At that rate in 5 months there won't be a home for sale in Roy.

Now let's compare Roy to Weber County as a whole.
1588 homes on the market.
374 were new in the past 30 days. 
During those 30 days 266 went under contract AND 266 SOLD - what a coincidence of numbers right?  That said 532 homes left the market through sales and only 374 were added. 
Again - at that rate in only 10 months there wouldn't be a home left to buy in all of Weber County.

Thinking of selling?  Seems like a good time - there's almost no competition for you.

No comments:

Post a Comment