Centerville Condominium Market
Annual Report: 2009
| Median Condo Price
(Sold) |
$167,000 |
| Average Condo Price
(Sold) |
$167,156 |
| Low Condo Price
(Sold) |
$67,475 |
| High Condo Price
(Sold) |
$284,800 |
| Number of Condos Sold |
36 |
| Average Days on Market Until Sold |
83 |
Search for Centerville Condos
________________________________________________________
|
Demand
|
Centerville, Utah
condo demand is
stronger than most
of the state. The
number of condos sold
has increased
slightly and prices
have dipped only
slightly by an
average of $3,000.
It takes a lot
longer to sell a
condo
in Centerville with
the current average
at 83 days compared
with our study in
2008 which found an
average of 38 days.
There are 3 condo
sales currently
pending. |
|
Supply
|
Centerville has 28
condos currently
listed on the
market, more than
double the number
available in our
study conducted in
2008. This
constitutes a 9
month
supply of condos for
sale on the
Centerville market.
Centerville condos
that are priced
correctly should
sell fast. |
|
Price
|
Centerville condo prices
have fallen only
slightly on average
with the median
price actually
increasing by $50,00.
The average
residential price
increased by over $5,000
from our previous
study in
2008. The average
condo sold price is
$167,156. Current
condo listings range
in price from $77,700 to $299,900. |
|
Conclusion
|
The Centerville, UT
condo market remains
a Sellers
market. Demand over
the past year has
been strong.
Currently there is a
good supply for
condo Buyers to
choose from. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
2007-2008 Centerville Condo
Statistics
________________________________________________________
Search for Centerville Condos
Barry J. Preusz,
REALTOR®, Downtown Salt Lake City Condo Specialist,
Equity Real Estate,
7090 Union Park Center, Midvale Utah, 84047
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