Home Sales up over 42% in October for Roy Utah

The number of homes sold in Roy Utah area rose above the year ago level for sixth consecutive month in October. Area’s median sales price edged up from September and posted the lowest decline in year-over-year median comparison, according to the MLS data released last week.

Roy Utah real estate tallied a total of 45 new and resale single-family houses sold last month. That was above 33.33 percent from 30 units unload in September, and up 42.22 percent from 26 units in the same month the year earlier, marking as the second highest sales this year behind June’s sales who got 42.22 percent.

All homes for sale in Roy sold in October have a median price of $139,500, slightly down 1.41 percent over October 2010 which logged a median of $141,495, but was up 6.63 percent from $130,250 in September. It was the third highest median falling behind January and February’s median which respectively registered $149,900 and $149,450 median prices.

Another price gauge analysts are looking at is the price per square foot. The median price per square foot for Single-family Roy Utah homes for sale last month was $75.23, up from $71.73 the month before, but below last year price per square foot median of $79.05.

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