Tuesday, November 22, 2011

Sales are rising while prices are falling for Roy Utah housing market


The number of homes sold in the entire area of Roy spiked 42.22 percent in October as housing prices continued their downward spiral, according to the MLS data and local Association Realtors reports.

Roy Utah real estate median price home buyers paid last month was $139,500, plummet as little as 1.41 percent from the same month the prior year, but up nearly seven percent from September. The year-over-year median deprecation was the lowest on the record for this year.

 Active homes for sale in Roy at the end of October stand at 240 units, down 23.57 percent from October 2010 and 11.14 percent below September’s active homes for sale inventory. Meanwhile, the number of days a home spent on the market last month fell about six percent to 79 days.


Cities around Weber County (which Roy belong) were experiencing the same trends in both sales and prices. Each city saw a decrease in prices and an increase in sales.

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