It looks like the booming Nibley Utah real estate market has slowed down. There are currently 72 MLS homes for sale in Nibley. In the last year, only 74 listings sold. If home sales continue at the pace they've been for the last year, it will take almost a full year to sell all the existing housing inventory if no new properties were listed.
The fact is, in a town like Nibley there will only be more listings. The other dilema is that the price of the active listings is more than the price of the homes that have sold. The current active median list price is $237k the median sold price was $204k.
Nibley is a nice area, and there are many nice homes for sale. The only problem is that there are too many of them. It's a buyers market in Nibley and there is a good chance you can get quite the deal by buying from a motivated seller.
Alan! I live in Nibley! I will have to find all these motivated sellers and bring them your egar buyers. I am an expert in the Nibley area. haha.