Woods Cross, Bountiful, West Bountiful and Surrounding Areas

Sales Statics for the 2nd Quarter in Iron County……..

I just finished pulling statistics for sales in the 2nd quarter here in Iron County.  I was a little suprised at this years numbers and how they compared with 2nd quarter numbers from previous years.

April 1 to June 30, 2010:

Homes Sold:   173  Highest Sold Price: $475K  Lowest Sold Price: $1  Ave. Sold Price: $156,191 DOM: 187

April 1 to June 30, 2009

Homes Sold:   156  Highest Sold Price: $400K  Lowest Sold Price: $1 Ave. Sold Price: $155,446  DOM:  165

April 1 to June 30, 2008

Homes Sold:  162  Highest Sold Price: $850K Lowest Sold Price: $1   Ave. Sold Price: $220,084  DOM:  170

April 1 to June 30, 2007

Homes Sold:  214  Highest Sold Price: $775K Lowest Sold Price: $1K Ave Sold Price:  $203,465 DOM  152

I found the numbers interesting.  I do believe that this years numbers are skewed because of the $8K Tax Incentive to buy prior to the end of April.  I have not finished compiling the other quarters numbers, especially this quarter’s.  Those numbers will be telling It is interesting the decline in prices over the years.  I was also surprised to see that in the 4 years that our MLS has the numbers for that 2008 was statistically the highest priced of the 4.  I really thought that I would see more of a decline.  Anyway, it is interesting to see what the market is doing!

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