Davis County Home Sale Numbers for April

Home sales continue to be slow in Davis County Utah. For April of 2008, only 277 single family homes were reported sold on the Wasatch Front MLS.  This is almost 100 less homes sold than April of last year, down about 25%. One interesting statistic is that most of the homes that were sold during April were only on the market for a short period of time. 38% of the houses sold were listed for less than thirty days, and nearly 60% of the homes sold in April were on the market for less than two months. This shows that many of the new listings are pricing there homes right for today’s market and not for the booming real estate market of last year. The moderate homes are still selling at a relatively healthy pace.

The average price of Homes Sold in Davis County during April was $250,932. This is slightly down from 2007’s April numbers at $254,585.

Currently the average list price of homes on the market is $366,62, and the median price, is even more than this average price at $294,900. Here is a breakdown of the average list price of the major Davis County Cities:

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