Ogden Valley Real Estate Outlook – April 2016
Ogden Valley Real Estate Market – Positive Signs
Historically the 1st quarter in our Valley usually shows signs of an improving market after downturns of the 4th quarter. So these two positive signs are hopefully good news for the remainder of 2016:
- Single Family prices rose 13% year-to-date
- Number of Days on Market dropped slightly We’re also still seeing a balanced market with about a 5-month supply. All of the details are below.
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See What Your Neighbor’s House Sold For: www.UtahSoldHomePrices.com
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| Single Family | 1st Quarter 2016 | Change vs. 4th Quarter 2015 | 1st Quarter 2015 | Last 12 Months Change |
|---|---|---|---|---|
| Available Inventory | 71 (4.9 mos) | -17% | 98 (5.9 mos) | -28% |
| Sold | 17 | -54% | 25 | 7% |
| Avg.Days on Market | 145 | -2% | 132 | 3% |
| Median Sold Price | $390,900 | -3% | $354,200 | 13% |
To learn how our Ultimate 57-Point Marketing Plan is earning our sellers about 4% more and selling in ½ the time (compared to the average agent), click here or just give us a call.
This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.