Bountiful has a history as long as any other city in the State of Utah, well almost, it was the second city settled by Mormon Pioneers when they came to Utah after Salt Lake City. The city Bountiful, like all of the other cities in South Davis County has seen a lot of growth over the past several decades. Home have reached higher into the foothills and open spaces have filled in. The purpose of this market overview is to show what has happened with single family homes in Bountiful over the past year.
According to the Multiple Listing Service, there are currently 103 single family homes listed for sale in the Bountiful Real Estate Market. The lowest price home that is currently listed is $95,000. The highest priced home currently listed for sale is listed at $2,490,000. The average price for homes that are currently listed for sale is $445,287.
I was surprised at the average listed price for homes for sale in Bountiful. That seemed a little high, however I do acknowledge that there are some gorgeous homes in Bountiful! The median days on market for the homes that are not currently under contract and available is 36 days.
There are currently 54 homes who are showing to be under contract, which means that there is an accepted offer on these homes and they are just waiting for the contracts to be finalized.
In addition to those 54 homes that are waiting to have their contracts finalized there were 405 single family homes sell in the past year. The lowest price on a home that sold was $92,000. The highest price on a home that sold was $1,630,000. The average price of homes that sold in the past year was $271,222.
The median time that these homes were on the market prior to receiving an accepted contract was 37 days. That is still an amazing statistic! Just over a month from the day the home went on to the market until there was an accepted contract on that home. Those are numbers that are just amazing!
Bountiful is one of the most convenient places to live in the Salt Lake Valley, a fact which can be said about all of the wonderful cities located in South Davis County. You are minutes from downtown Salt Lake City. There are some amazing shops, parks, and other amenities all of which, make Bountiful one of the prime places to live in the entire State of Utah.