Ogden Valley Real Estate Outlook – January 2019
Ogden Valley Real Estate Market – Flat Yet Again
You may recall that quarter 3 of 2018 saw strong improvements in the market after 3 quarters of little growth. The 4th quarter seems to be back on the same flat pace with little/no growth in in the valley. Fewer sales and almost 3 months of inventory. Year-over-year prices have shown a slight (4%) increase. All of the details are below.
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| Single Family | 4th Quarter 2018 | Change vs. 3rd Quarter 2018 | 4th Quarter 2017 | Last 12 Months Change |
|---|---|---|---|---|
| Available Inventory | 74 (7.5 mos) | 0% | 83 (4.7 mos) | -11% |
| Sold | 25 | -34% | 31 | 2% |
| Avg.Days on Market | 78 | 2% | 128 | -20% |
| Median Sold Price | $511,800 | 0% | $475,800 | 4% |
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This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.