As of December 2024, the Pleasant View, Utah, real estate market exhibits the following characteristics:
Median Home Prices
Current Median Price: The median home price in Pleasant View stands at $675,000, reflecting a 4.9% decrease compared to the previous year.
Price Per Square Foot: The median price per square foot is $196, marking a 1.0% increase from last year.
Market Competitiveness
Market Dynamics: The Pleasant View housing market is somewhat competitive, with homes typically selling after 41 days on the market, a slight improvement from 44 days the previous year.
Historical Appreciation
Long-Term Growth: Pleasant View has experienced significant real estate appreciation over the past decade. The median home value is $616,294, placing it among the higher-priced markets in the nation.
Statewide Context: The All-Transactions House Price Index for Utah reached 831.59 in the third quarter of 2024, indicating robust growth in property values across the state.
In summary, while Pleasant View's real estate market has seen a slight decline in median home prices over the past year, the area continues to demonstrate long-term growth and remains a desirable location for homebuyers and investors