Farmington Utah Real Estate

To accurately asses the Farmington Utah Real Estate market, you have to understand the home sales and price statistics. Here are some statistics for Farmington Utah Residential Home Sales and Prices.

Number of Homes Sold Per Month

This graph shows the number of residential homes that have sold in Farmington UT each month.

Prices of Homes in Farmington Utah

This graph shows the “sold price” for Farmington Utah Homes each month. It shows the median price, or the middle point of all home sales. The blue line shows the original list price, and the red line shows the price that these homes have actually sold for.

Price Per Square Foot of Farmington Real Estate

Because the trend of home sizes over the last few years has declined in Farmington Utah, one of the best indicators of actual increase or decrease in home’s values is the price per square foot. This graph shows the median sold price by square foot by month for Farmington Utah Homes.

Annual Home Sales Numbers for Farmington Utah

This graph shows the total annual residential homes sold in Farmington Utah over the last decade.

Annual Farmington Utah Real Estate Prices

This chart shows the median and average sold real estate prices in Farmington. The yellow line is just a point of reference, showing what a steady 4% appreciation rate would look like. This line helps us see that at the beginning of the decade Farmington Real Estate prices were fairly stable but then were followed by a rapid increase and most recently by a slight decrease.