Notice: Undefined index: socialize_button_display in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/plugins/socialize/frontend/templates/templates.php on line 14

Notice: Undefined index: template in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/functions/multimedia_box.php on line 6

Notice: Undefined variable: conditional_styles in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/classes/head.php on line 192

Notice: Undefined property: thesis_favicon::$favicon in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/classes/head.php on line 249
Cedar City Real Estate, Foreclosures

Notice: Undefined variable: page_template in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/html/content_box.php on line 12

Notice: Undefined variable: page_template in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/html/content_box.php on line 18

Notice: Undefined variable: page_template in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/html/content_box.php on line 20

Notice: Undefined index: url in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/functions/post_images.php on line 32

Cedar City – 1st Quarter Numbers

by bryceross on May 4, 2011
Notice: Undefined variable: show_comments in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/functions/content.php on line 117


Notice: Undefined index: fb_sendbutton in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/plugins/socialize/frontend/socialize-services.php on line 176

1) Sales have increased

In the first few months of 2010 there were 130 homes sold compared to 144 homes sold in 2011.

2) Prices are still falling

Unfortunately, the average sales price has dropped $9,000 from the first quarter in 2010 ($142,158).  The average sales price for the first quarter of 2011 is $133,536.

3) Homes are selling quicker

The average time on the market has decreased an entire month from 2010 to 2011. (184 days during to 1st quarter of 2010, to 153 days in 2011)

4) Foreclosure Activity is slowing

In the first quarter of 2010 there were 218 notice of defaults filed (An Average – 72/per month).  In 2011, there have only been 160 Notice of Defaults recorded (An average of 53/ month).

 

 

0saves
If you enjoyed this post, please consider leaving a comment or visiting my Cedar City real estate site to search homes for sale in Southern Utah.

Notice: Undefined property: thesis_comments::$comments in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/classes/comments.php on line 30

Leave a Comment


Notice: Undefined property: thesis_comments::$linkbacks in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/classes/comments.php on line 46

Next post:


Notice: Undefined variable: output in /home/content/24/5971924/html/CEDARCITYREALESTATEAGENT.COM/wp-content/themes/thesis_18/thesis_18/lib/classes/javascript.php on line 79