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.
See What Your Neighbor’s House Sold For: www.UtahSoldHomePrices.com
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|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%|
|Avg.Days on Market||172||124%||89||12%|
|Median Sold Price||$503,900||-3%||$449,400||7%|
This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.