Ogden Valley Real Estate Outlook – April 2019
Ogden Valley Real Estate Market – Big Slow Down
Although prices this quarter only fell by 3%, the most notable market indicator of a slow down was the more than doubling of the average Days on Market (to almost 6 months). This is a fairly strong buyers market overall. Year-over-year numbers look good showing a 7% increase in values, fueled entirely by a strong first half of 2018. 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
.
Featured Valley Listing: Click the photo for details, more photos, aerial video and walking tour video
| Single Family | 1st Quarter 2019 | Change vs. 4th Quarter 2018 | 1st Quarter 2018 | Last 12 Months Change |
|---|---|---|---|---|
| Available Inventory | 72 (5.6 mos) | -3% | 74 (4.5 mos) | -3% |
| Sold | 15 | -42% | 26 | -10% |
| Avg.Days on Market | 172 | 124% | 89 | 12% |
| Median Sold Price | $503,900 | -3% | $449,400 | 7% |
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.