Ogden Valley Real Estate Outlook – January 2020

Homes For Sale near Snowbasin

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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Single Family4th Quarter 2019Change vs. 3rd Quarter 20194th Quarter 2018Last 12 Months Change
Available Inventory53 (3.3 mos)-28%74 (7.5 mos)-28%
Avg.Days on Market91-6%7717%
Median Sold Price$533,900-3%$517,50017%

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This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.