The real estate sales numbers for Weber County Utah look pretty good right now. Home sales were up during April compared with March, and there are 73 more homes under contract. The number of Weber County homes for sale is also down from a month ago.

The most surprising change, is the fact that the median and average list prices of homes for sale in Weber County, UT are up. Other than a slight blip during the expiration of home buying tax credit, this is the first time in years we have seen list prices increase. The current median list price of $157,900 is up $3,000 from last month. The average list price of $214,576 is up $3,500 from a month ago.

While this is a sign that the real estate market is improving, things are definitely not completely turned around yet. Home sales prices still probably won’t be going up for a while. April’s average sales price of $159,200 was down nearly 9% compared with the average sales price of a year ago.

At Aprils home sales pace, there is still 9.83 months of Weber County Real Estate inventory. Compared with last year at this time there are not nearly as many homes under contract.

This is actually some really exciting news. Personally, I am most excited about inventory going down besides the fact that it is May. I can't quite figure out the increasing list prices, It doesn't make any logical sense to me why it would happen. This just shows that right now might be the time to be serious about buying Weber County Real Estate.

After a fairly strong March, April home sales in Cache County were really pretty dismal. They were down 15% compared with last month, and 32% from April home sales of a year ago. Last year April home sales were higher than normal as result of the Home Buying Tax Credits.

The good news is that May home sales should be much improved. There are now 148 homes under contract. If 70% of these under contract homes close during May, that will represent more than 100 home sales.

Logan Real Estate inventory is also on the rise as home sales are slow and more people are listing their homes now that the weather is actually starting to get nice. There are currently 786 homes for sale in Cache County. This is 12 more listings than at this time a year ago, and eleven months of inventory at Aprils sales pace.

The list price of homes for sale in Cache Valley has remained stable over the last month, but the average sales price during April was abnormally low. The average sales price in April was just $160,756, while the median sales price was just $144,025. Right now the average list price of Cache County Homes is $218,844. Home prices aren't expected to rise anytime soon, as long as the amount of real estate inventory remains this high.

The decline in April Home Sales in Cache County was really unexpected. There were actually more under contract homes in April than there was at the beginning of March. There are signs all over the country that the real estate market is still and still will slide for some time. This weak economic news is actually positive for the mortgage market. Mortgage interest rates are down again for the third straight week.