Utica Real Estate Market Update January 2019
Real Estate In Utica is a balanced market favoring buyers. There is significant amount of homes for sale in Utica, and buyers are not in a rush to buy yet. There is a 7.06 months supply of inventory on the market in Utica on January 31, 2019.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in Utica last month was 104 days. It took on average 33 days to sell Utica Condo, Townhouse or a Duplex.
The number of home sales in Utica from December 1, 2018 through December 31, 2018 was 5 units. That is 1% above the number of homes sold last month in Utica.
The average price per square foot in the area is now $50/Sq.Ft, which is 0% an increase from last month.
In Utica there were 3 units sold in December in the price range between $65,000 – $84,930 with an average of 2.7 bedrooms and 2.7 bathrooms and average Square footage of 1,992SF.
In Utica there were 1 units sold in December in the price range between $84,931 – $155,929 with an average of 2 bedrooms and 2 bathrooms and average Square footage of 1,200SF.
In Utica there were 1 units sold in December in the price range between $155,930 – $207,000 with an average of 4 bedrooms and 2 bathrooms and average Square footage of 1,500SF.
The low price range had the most activity. Homes up to $84,930 were on the market on average 63 days and sold an average of $71,766.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Utica. Search all Utica homes for Sale on propertyup.com If you are considering viewing Utica, you may want to do so now!
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source https://realestatevibe.com/utica-real-estate-market-update-January-2019/
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