Cedar City Real Estate Market Update

by bryceross on June 1, 2012

This video discusses the data provided by the Utah Association of Realtors regarding the Market in Iron County. As a realtor in Cedar City, I have noticed some unusual things happening in our Market. Inventory has thinned out, we have more pending sales, more closed transactions, but the average sales price has declined roughly $17,000.00. Theoretically, these statistics usually present us with different data such as increased sales prices.
Cedar City is a fantastic real estate market. Others might present conflicting thoughts but interest rates and sales prices make this one of the best opportunities to purchase real estate. Buying a home in Cedar City is not affordable in many cases cheaper than renting.
For more information regarding Cedar City Real Estate or Homes for Sale in Cedar City, Please contact Bryce Ross with Re/Max Properties at (435) 704-1438.

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