We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperienc... 01/23/2010

Kaysville is located North of Salt Lake City.  It's a great family community.   Check the cities website. Kaysville City               _______________________________________________________________________________________________________________________________________      Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties.  View comprehensive property resource information atwww.markwatterson.com   It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.The "Voice of the Customer" is w... 12/06/2009

* 29% of the current single family home MLS listings are under contract * 11% of those listings under contract are "short sales" * At least 37% of the listings under contract are vacant * The median price of the listings under contract is $284,450 * The median price of active listings is $278,120 * There is only a 2.3% disparity between what sellers want to sell their homes for and what buyers are ready, willing and able to pay for a home Important Note: 21% of the homes under contract are new construction Source: Wasatch Front Regional Multiple Listing Service 11/12/2009

In Kaysville there have been 32 homes sold in the last 30 days.  They have ranged in price from $125,000 to $555,000 with an average of 62 days to get sold.  The average sales price of homes in Kaysville is $278,021.  Homes over $250,000 are selling in 46 days while homes under $250,000 are taking 81 days.  In most areas, the homes under $250,000 sell quicker; Kaysville is somewhat unique in that we have seen this situation more than once.  At the time of this report there are 132 homes for sale in Kaysville.  There is currently 4.13 months of inventory available in Kaysville.  Six months worth of inventory is considered a balanced market, could we be seeing a seller's market coming?   For more information visit my web site at www.jimmcewen.com or give me a call at  801-686-5550.   If y... 10/26/2009

We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperien... 10/06/2009

Real Estate in Kaysville experienced the largest increase in number of homes sold, increasing 32%.  Median sold price of Kaysville homes also increased but average sold price decreased 18.57%.  Kaysville currently has 158 listings and 6.4 months of inventory. 07/09/2009

We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperien... 05/08/2009

Kaysville homes sold decreased 16%, selling 8 less homes.  Average sold price slightly increased from $285,445 to $288,616 and median sold price of homes in Kaysville went from $250,000 to $285,000.  13.5 months of inventory and 189 listings show there are plenty of homes on the market to choose from.   04/24/2009

Home sales went down 17.27% in Kaysville. Median price was down 8.62 percent and ended the year at 263,000 while average price went down only 2.3% to $303,567. Kaysville homes are overpriced by about 20% and with 9.76 months of inventory, the current buyers market may force many sellers to reduce their prices dramatically. These numbers are not official. 01/22/2009

We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.  On a year over year, YTD comparison currently (6.59) % of new listings are being sold.         SUMMARY  Currently we are not seeing the needed positive price action (along with other indictors) to confirm a market bottom.  This is NOT a good time for conservative buyers to purchase.  High risk tolerant investors and speculators are doing some bottom fishing. For more details or just to chat about market conditions please feel f... 12/24/2008

There are as of 1 October 2008, 203 active homes on the market with another 24 homes under contract for a total of 227.  By calculating what percentage of the total the 24 homes under contract are you know if Kaysville is a buyers or a sellers market.  24 divided by 227 = 11%.  If the % is under 25 percent then it is a buyers market.  If it's over 25% then it's a sellers market.  So Kaysville, UT is currently experiencing a buyer's market.  To find out more about market conditions in Utah just give me a call at 801-540-3825. 09/30/2008

Or should I say, home sales number. Home sales are down so much in Kaysville that it's almost a singular thing. Okay, not really but in the first half of 2008, only 107 residential single family homes were sold in Kaysville. That might sound decent, but compared to the 215 active Kaysville MLS listings the future isn't looking very good for those trying to sell a home in Kaysville Utah. One reason that home sales are down so much is because the homes are just priced higher than what people are willing to pay. Yes these homes are bigger, and yes they probably could have sold for their list price a year ago, but with the reality of todays market they aren't going to be selling for a very long time. The median list price of Kaysville homes is $358,700. The median sold price of Kaysville ho... 07/15/2008

The 5th Annual Great American Yard Sale will be held at the Davis High School south parking lot on 21 June 2008.  If you have stuff you want to sell, just call 1-800-988-1225, ext.  923 and reseerve a slot today.  If you don't have stuff to sell, just come on out and see all the treasures others have to sell.  If you'd like to know more you can visit the web site at www.greatamericanyardsale.org and see photos of past sales.  05/31/2008

There are as of 8 May 2008, 214 active single family homes on the market with another 33 homes under contract for a total of 247.  By calculating what percentage of that total the 33 homes under contract are you know if Kaysville is a buyers or a sellers market.   33 divided by 247 = 13%.   If the % is under 25 percent then it is a buyers market.  If it's over 25% then it's a sellers market.   So Kaysville, UT is currently experiencing a seller's market.   To find out more about market conditions in Utah just give me a call at 801-540-3825 05/10/2008

Kaysville~Davis County Utah: February 2008 Real Estate Market Report Welcome to the Heart of Utah Real Estate monthly real estate market report for Kaysville, Utah located in Davis County. As with previous market reports, this report will be broken down into two different sections, one for Single Family Residence's and the second for Condos. Please keep in mind that the real estate market report I have provided is a compilation of a large price range for the entire city of Kaysville and should not be confused as being the price in which your home will currently sell for. Also please take note: “SOLD” indicates all the properties that sold during the month of February 2008. “Under Contract” are the properties that have gone through negotiations and are currently awaiting their closing da... 03/15/2008

Kaysville~Davis County: January 2008 Real Estate Market ReportWelcome to the beginning of my 2008 monthly real estate market report for Kaysville, Utah located in Davis County. This report will be broken down into two different sections, one for Single Family Residence and the second for Condos. Please keep in mind that the real estate market report I have provided is a compilation of a large price range for the entire city of Kaysville and should not be confused as being the price in which your home will currently sell for. Also please take note: “SOLD” indicates all the properties that sold during the month of January 2008. “Under Contract” are the properties that have gone through negotiations and are currently awaiting their closing date as of the date I pulled this report (2/18/200... 03/04/2008