Ogden Valley Real Estate Outlook – July 2017
Ogden Valley Real Estate Market – Increases Continue
Prices continue a nice steady increase this quarter, just as we’ve seen the last several quarters. Homes under $450,000, when priced correctly, are flying off the market (large buyer demand, low inventory). The rest of the market is much slower, so overall we’re experiencing a “balanced” market (neither a buyer nor seller market). All of the details are below.
For your free, no obligation equity analysis on your property, click here. We have buyers who can’t find the right Ogden Valley property – call Joel to see if what you have might be what they want.
See What Your Neighbor’s House Sold For: www.UtahSoldHomePrices.com
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Featured Valley Listing: Click the photo for details, more photos, aerial video and walking tour video
| Single Family | 2nd Quarter 2017 | Change vs. 1st Quarter 2017 | 2nd Quarter 2016 | Last 12 Months Change |
|---|---|---|---|---|
| Available Inventory | 95 (5.1 mos) | 22% | 113 (5.5 mos) | -15% |
| Sold | 32 | 19% | 32 | 12% |
| Avg.Days on Market | 104 | -30% | 114 | -11% |
| Median Sold Price | $487,200 | 4% | $405,700 | 5% |
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.