Ogden Valley Real Estate Outlook – January 2020
Ogden Valley Real Estate Market – A Mixed Bag
You may recall that quarter 2 of 2019 saw strong improvements in the market, while quarter 3 was a mix bag of results. The 4th quarter continued with mixed results as can be typical with a pre-holiday slowdown. Properties continue to sell quickly (about 3 months) when priced correctly. Fewer people want to leave our valley (not a surprise) so inventory was down substantially. Values were slightly down from the prior quarter, but up over the last 12 months. All of the details are below.
See What Your Neighbor’s House Sold For: www.UtahSoldHomePrices.com
Featured Valley Listing: Click the photo for details, more photos, aerial video and walking tour video
|Single Family||4th Quarter 2019||Change vs. 3rd Quarter 2019||4th Quarter 2018||Last 12 Months Change|
|Available Inventory||53 (3.3 mos)||-28%||74 (7.5 mos)||-28%|
|Avg.Days on Market||91||-6%||77||17%|
|Median Sold Price||$533,900||-3%||$517,500||17%|
This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.