Ogden Valley Real Estate Outlook – April 2020
Ogden Valley Real Estate Market – Big Gains; Now What?
Wow, what a quarter and year! Prices saw double digit percentage increases during the 1st quarter of 2020 and also over the last 12 months. More details are below. But now what? What’s the short- and medium-term future to bring as a result of these times of health and economic uncertainty? No one knows for certain, but most experts are expecting an economic and real estate slowdown. Many of our clients have decided to cash in on the recent growth (vs. following it down to a losing proposition). Is now the time or you to do the same?
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 | 1st Quarter 2020 | Change vs. 4th Quarter 2019 | 1st Quarter 2019 | Last 12 Months Change |
|---|---|---|---|---|
| Available Inventory | 59 (3.9 mos) | 11% | 72 (5.6 mos) | -18% |
| Sold | 24 | -29% | 15 | 13% |
| Avg.Days on Market | 138 | 50% | 172 | -12% |
| Median Sold Price | $599,300 | 12% | $503,900 | 16% |
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.