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2014-11-05 15:28:27
Average Home Price in Cache Valley

AVERAGE SELLING PRICE OF CACHE VALLEY HOMES

 

Are you looking for the Average Home Price in Cache Valley? This great graph will show you the average selling price of Cache Valley homes each quarter from 2007 to 2014. The average price is normally higher in the 2nd and 3rd quarter and lower in the 1st and 4th. It's Cache Valley. Who wants to move in the winter? :)

1st quarter: January, February and March
2nd quarter: April, May and June
3rd quarter: July, August, and September
4th quarter: October, November, and December

This Graph also shows the total number of homes sold in the same quarter. Notice how the number of homes sold and the average selling price of Cache Valley homes follow the same trend very closely.

 

 

As you can see from this report, the average home price in Cache Valley was at its peak at the end of 2007. Then, just like everywhere else, the average selling price of Cache Valley homes dropped. The very bottom of the market was in the 4th quarter of 2011 when the average selling price of a Cache Valley home was $160,000. There has been a trending increase in average home price in Cache Valley for over the last 2.5 years. The 3rd quarter of 2014 showed and Average selling price of a Cache Valley home to be $191,000. That is within a few thousand dollars of the peak in 2007 when the average home price was $197,000. If this trend continues 2015 will see the average selling price of homes in Cache Valley at its highest levels ever.

Now might be the best time to buy a home as the average price of homes in Cache Valley looks like it will continue to rise.

If you would like more information about the average selling price of Cache Valley homes today, or in the past, just email me. I'm happy to send you the information you need. Please put Average Home Price in Cache Valley or Average Selling Price of Cache Valley Homes in your subject line. Thank you.

Johnnie Rosser
RE/MAX West
435-760-0639
 
You can see the average home prices in other parts of Cache Valley here.
 
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