Pleasant View Real Estate Statistics, Utah

Pleasant View Real Estate Statistics, Utah

 

Pleasant View Real Estate Statistics show a consistent pattern for the last 12 months. The absorption rate statistic is an important indication of the length of time it is taking to sell homes in Pleasant View, Utah. I differentiate from Pleasant View Indiana of course.

The

pleasant view absorption rate

Pleasant View Absorption Rate

Click here for an article on MediaOne Real Estate explaining absorption rate.

 

This chart reflects six different periods of time, from to months to twelve months. In all instances the absorption rate is about six months, indicating a buyers market. December being a typical slow month makes this a good time to buy. Those who have not taken their home off the market for the Christmas season are like those looking during this season, that of being serious about buying or selling.

Sellers, as in all types of markets, it is important to price your home correctly. To price it too high just helps the competition sell their home.

The Chart below shows the Pleasant View Statistics for home sales since the year 2009. I will add the fourth quarter next month.

Pleasant View Utah Home Sales

Pleasant View Utah Home Sales

Pleasant View Utah Home Sales

Note that Median Price home sold in Pleasant View has not returned to the high number seen in 2009. There are three bottoms of note, the most recent in the first quarter of this year, 2014. The number of homes listed for sale in Pleasant View consistently ranges in the 61 to 70 homes.

The chart below is a breakdown of active listings by price:

 

Active Listings in Pleasant View

Active Listings in Pleasant View

Active Listings in Pleasant View

Many just look at median days on market vs the absorption rate. However, there are those who carry the false impression that is is better to go off the market for 90 days and come back as a new listing, Days on market is therefor skewed. I discourage people from going off the market for this reason. It wastes all marketing efforts and expenses previously expended by your agent.

Pleasant View Homes Under Contract

Pleasant View Homes Under Contract

Pleasant View Homes Under Contract

This chart below shows actual Pleasant View Homes Sold

Pleasant View Homes Sold