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Jul 16
2010

Roy sales fall 50.88% in June

Posted by: Ivan Poral in Real_Estate Today

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Ivan Poral

On Wednesday according to the latest report released by WFR multiple listings services it shows that Roy Utah Real Estate experienced its worst sales output ever. Median price looks similar from May and the year ago only just up by a little margin. Based on the graph below you can see that almost 51percent lower was the sales in June compared with the same month the year earlier.

The 28 sales of single-family homes were down 30 percent from 40 in May, and downshifted 50.88 percent from 57 units sold in June 2009. It was the second month in a row that sales were on the downside following the 18.37 percent sales reduction in year –over-year –levels.  

Median homes sold price for all single-family homes and condos during that month was at $157,400. It modestly went up up 0.73 percent from $156,250 in May, and up 1.62 percent from $155,000 in the same period of time last year. The Real Estate Roy Utah median rose on the year-over-year basis for the fourth consecutive months, though it was still below by 10.06 percent from its peak in September 2007 at $175,000.   

There were a total of 329 active homes for sale Roy Utah  in June and 52 went under contract. Homes sold during that month spent 46 days in the market. That means properties sold in June were moving in a slower pace than in May, but much better compared with what it was in June 2009.

 

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