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Draper Real Estate have seen some good numbers in the market last month. There was a good sales when it comes to monthly change of sales in the market earlier this year. Last April 2010, around 59 homes were sold and that is 13.56 percent higher compared to March sales respectively. It’s still a buyer’s market since its months of inventory gained 7.86 points. Although there was an increase in the month sales but its year over over change fell down to 9.23 %.
The median sold price during April’s sales went down to $311000 from $329107.59 of March 2010 and from $339888.15 of April last year. As of the moment, there are 398 actively listed properties of which 128 went under contract in the market.
This graph shows how monthly sales during the first 4 months of the year laddering up in Draper Ut Homes for Sale.
Draper Utah Condominiums, Draper Utah Short Sales, and the like also contributed to the rising of sales for the month of April in Draper Utah Real Estate market.
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The first 3- month sale in Draper Real Estate showed some good numbers in the market this year. As noted, there was an increased of 9% in the first quarter of 2010 when compared last Q1 of 2009. Around 129 homes were sold during Q1 of 2010 which was higher by 11 more homes sold compared to Q1 of 2009 homes sales.
The median sold price went up to $336,900 from $332,050 of Q1 last year. When it comes to average price, it drifted also to $377,253 from $374,678.
Here’s a graph showing how the curves of home sales during first quarters of each year move up and down.
The little increase shows that the selling and buying of homes is getting better in the market. It is expected that in the coming months, there will be more homes to be sold as the about to end tax credit and spring season will somehow raise the numbers in the market.
View some latest home listings in Herriman Ut Real Estate, Salt Lake Utah Homes, and Orem Ut Homes.