There generally aren’t much homes sold in Bluffdale Utah. In fact, the highest sales for the last 5 years were in the 2nd quarter of 2009 with 25 homes sold. Yet, as I look back reviewing the 2010 and 2011 year-to-date first quarter, I think Bluffdale Utah Homes market is better this year. There have been 31.6% improvements.
Selling a home indeed requires extensive planning, but one of the very major and sad reason is that recession itself pushes the majority of homeowners to sell their homes.
Median price of sold Bluffdale UT Homes is slightly flat from the last two years for the same period. Median price has actually climbed only 1.2 percent from last year ($350000 versus $354500 this year). In addition, the highest sale in Bluffdale Utah in the 1st quarter of 2011 was $710000 and in 2010 the highest price for the same time period was only $380000. Bluffdale Utah sold homes may have a price higher than Q1 last year and yet, it’s still almost $500K lower than the highest price in 2008.
But looking at the numbers more closely, the average time on market was much less in 2011; 154 days as compared to 172 days in 2010. And the most units that were sold are in the $400,000 -$ 449,999 category. Therefore, 2011′s Q1 Bluffdale UT real estate market wasn’t bad though – While average home prices may not as high as prices in other cities of Utah yet, sales has continued to grow from the 3rd quarter of 2009 with a lesser Average CDOM. We are hoping that sales in this area will continue to improve. Below are the charts for Bluffdale Utah Homes prices and sales.