Utah Real Estate Market Conditions

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Providence Utah Real Estate Update

Overall, the real estate market in Providence Utah is in pretty bad shape. There are 77 active residential home listings with a median price at $296,950 and average price of $333,631. In the last six months 45 homes sold in Providence. These Providence Utah Real Estate listings had a median price of $234,000, average price at $256,029, and were on the market for an average of 100 days.

Providence homes priced less than $250,000 are still selling, and the low end market is actually pretty healthy. In the last six months, 27 homes less than $250,000 sold. There are currently 30 homes on the market in that price range.

There are 47 active listings priced more than $250,000 in Providence and 13 listings priced higher than $450,000. In the last six months only 18 listings above $250,000 sold; only one listing above $450,000 sold. Basically, home sales for The Bench areas are struggling.

Hold on. It could be a long winter for Providence Real Estate.

2 commentsAlan Barker - Utah Homes • August 25 2008 02:38PM

Comments

Oh man, Providence isn't doing all that great compared to the rest of the cities.  I guess Providence isn't as desirable a place to live as it used to be.  Perhaps other Logan Utah Real Estate is doing better.

Posted by Logan Utah Real Estate (Real Estate In Logan Utah - Ethan Poppleton) about 1 year ago

No... They just overbuilt there. Providence is still esteemed higher than Mendon and Nibley Real Estate. There are just more homes on the market in price ranges that just aren't selling right now....

Posted by Alan Barker - Utah Homes (Cornerstone Real Estate) about 1 year ago

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