Ogden Valley Real Estate Outlook – April 2017
Ogden Valley Real Estate Market – Sharp Increases
In general, our valley has seen (relatively) sharp price increases over the last 12 months. This has been most lead by the price segment under $450,000, which has been blistering hot (low inventories, and very short days on market). Over this price point is still lagging when compared to the Wasatch Front. Across all price points, we’re seeing a balanced market with about a 5-month supply. All of the details are below.
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Featured Valley Listing: Click the photo for details, more photos, aerial video and walking tour video
| Single Family | 1st Quarter 2017 | Change vs. 4th Quarter 2016 | 1st Quarter 2016 | Last 12 Months Change |
|---|---|---|---|---|
| Available Inventory | 79 (4.9 mos) | 11% | 71 (4.9 mos) | 11% |
| Sold | 27 | 4% | 17 | 13% |
| Avg.Days on Market | 148 | 63% | 145 | -22% |
| Median Sold Price | $470,500 | 14% | $390,900 | 9% |
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This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.