Ogden Valley Real Estate Outlook – April 2021
Ogden Valley Real Estate Market – Up, Up, Up!
Unless you’ve been living under a rock, you won’t be surprised to learn that our valley’s real estate market is going up like we haven’t seen since prior to the last crash which lasted from 2006 to 2012. Could this be a precursor of what’s to come? Only time will tell. We need to remember that real estate goes in cycles just like the economy. Market stats/details are below. 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 for you to do the same?
See What Your Neighbor’s House Sold For: www.UtahSoldHomePrices.com
|Single Family||1st Quarter 2021||Change vs. 4th Quarter 2020||1st Quarter 2020||Last 12 Months Change|
|Available Inventory||20 (1.2 month)||-43%||59 (3.9 mos)||-66%|
|Avg.Days on Market||30||-39%||138||-47%|
|Median Sold Price||$804,500||9%||$599,300||18%|
This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.