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2015-11-12 16:33:19
Average selling price of homes in Smithfield Utah

Average selling price of homes in Smithfield Utah

 

The Graph below shows the average home price in Smithfield Utah from 1997 to 3rd quarter of 2015. As you can see the average price homes sold for in Smithfield has been on the rise for the past 20+ years.

  In 1997 the average sold price of a home in Smithfield was about $120,000. The sold prices of homes road very steady and did peak around 2008. Then, the average selling price of Smithfield homes slipped to about the same levels as what homes in 2006 were selling for. Home prices stayed low for a few years, but began rebound. Around the end 2011 start of 2012 when the average selling price of a Smithfield home was $161,000. There has been a trending increase in average sold price of homes in Smithfield for about the last 4 years. The 2nd quarter of 2015 showed and average selling price of a Smithfield home to be $215,000. That is a few thousand dollars higher than the peak in 2008 when the average home price was $208,000.

If this trend continues 2016 will see the selling price of homes in Smithfield Utah at its highest levels ever.

 

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

 

 

 

 Average prices homes in Smithfield Utah sold for 1996 to 2015

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
 

If you would like more information about the average selling price of Smithfield Utah 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 Smithfield Utah' or 'Average Selling Price of Smithfield Utah 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.
 
If you are searching for a home to purchase, you can search all the homes for sale in Smithfield, Utah and all of Cache Valley on UThomelist.com
 
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