Ogden Valley Real Estate Outlook – October 2017
Ogden Valley Real Estate Market – Sobering Adjustments
The statistics and details below are a little deceiving as, for the most part, they show continued market improvement. What you can’t see is that in the last 6 weeks, there has been a considerable slow down (prices and days on market). This is starting to show with the 8% sold price decline below. It will be interesting to see if this trend over the last 6 weeks continues into the 4th quarter of 2017. 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 | 3rd Quarter 2017 | Change vs. 2nd Quarter 2017 | 3rd Quarter 2016 | Last 12 Months Change |
|---|---|---|---|---|
| Available Inventory | 88 (4.7 mos) | -8% | 111 (5.1 mos) | -21% |
| Sold | 35 | 9% | 38 | -3% |
| Avg.Days on Market | 86 | -17% | 65 | -9% |
| Median Sold Price | $448,200 | -8% | $417,500 | 8% |
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This report is developed quarterly and is based on information from Wasatch Front Regional MLS for the period stated above.