Ogden Valley Real Estate Outlook – April 2018
Ogden Valley Real Estate Market – Pancake-like Flat
The slowing that we saw in the prior quarter has stabilized as this most recent quarter has seen prices holding fairly steady. The amount of time on the market decreased back to a more normal rate, but at 89 days can be deceiving: Properties under $400,000 continue to move fast, while over $500,000 are very slow (over a year 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 2018 | Change vs. 4th Quarter 2017 | 1st Quarter 2017 | Last 12 Months Change |
|---|---|---|---|---|
| Available Inventory | 74 (4.5 mos) | -11% | 79 (4.9 mos) | -6% |
| Sold | 26 | -16% | 27 | 1% |
| Avg.Days on Market | 89 | -30% | 148 | -2% |
| Median Sold Price | $447,200 | -2% | $470,500 | 6% |
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This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.