Pleasant View,
Utah Condo Market
Annual Report: 2009
| Median Condo Price
(Sold) |
$200,900 |
| Average Condo Price
(Sold) |
$04,273 |
| Low Condo Price
(Sold) |
$155,000 |
| High Condo Price
(Sold) |
$270,000 |
| Number of Condos Sold |
17 |
| Average Days on Market Until Sold |
88 |
________________________________________________________
|
Demand
|
Pleasant View condo
demand is down only
slightly. It takes
and average of 88
days to sell a condo
on the Pleasant View
market. That is less
than half as long as
the 12 month study
conducted in Jul
2007- Jun 2008. |
|
Supply
|
Pleasant View has
only 4 condos currently listed
on the market for
sale. This
figure constitutes
less than a 3 month
supply of condos on
the market. Low
supply will likely
reverse the downward
price trend during
2010. |
|
Price
|
Pleasant View condo
prices are
significantly down
in 2009. The average
condo price was
$204,273. The
highest priced condo
sold for $270,000. |
|
Conclusion
|
The Pleasant View, UT
condo market is
currently a
challenged market
with low supply, low
demand and
decreasing prices.
The bright spot of
sell is the low
supply has
significantly
reduced selling
time. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
2007-2008 Pleasant Grove
Condo Market
________________________________________________________
Search for Pleasant View Condos
Barry J. Preusz,
REALTOR®, Downtown Salt Lake City Condo Specialist,
Equity Real Estate,
7090 Union Park Center, Midvale Utah, 84047
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.com
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