Ogden Valley Real Estate Outlook – January 2018
Ogden Valley Real Estate Market – Holding and Slowing
Last quarter, despite the deceiving positive statistics, we foreshadowed a slowing market in the valley. That is now reflected in this past quarter’s numbers. Although prices have held (and even show strong year-over-year increases), the time it takes for properties to sell has increased substantially. 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||4th Quarter 2017||Change vs. 3rd Quarter 2017||4th Quarter 2016||Last 12 Months Change|
|Available Inventory||83 (4.7 mos)||-6%||86 (6.6 mos)||-3%|
|Avg.Days on Market||128||48%||90||13%|
|Median Sold Price||$454,300||1%||$413,000||10%|
This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.