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.
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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% |
| Sold | 33 | -11% | 26 | -5% |
| Avg.Days on Market | 91 | -6% | 77 | 17% |
| Median Sold Price | $533,900 | -3% | $517,500 | 17% |
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This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.