Ogden Valley Real Estate Outlook – October 2018
Ogden Valley Real Estate Market – Big Quarter
We saw very positive changes this quarter with big increases in prices, reduced days on market, and an increase in properties sold. This makes up for a poor 2nd half of quarter #2. Year over year changes show a modest improvement. This is not even close to what has been happening on the Wasatch Front, but it is trending in the right direction. All of the details are below.
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Single Family | 3rd Quarter 2018 | Change vs. 2nd Quarter 2018 | 3rd Quarter 2017 | Last 12 Months Change |
---|---|---|---|---|
Available Inventory | 74 (4.2 mos) | 10% | 88 (4.7 mos) | -16% |
Sold | 38 | 15% | 35 | 7% |
Avg.Days on Market | 79 | -37% | 86 | -1% |
Median Sold Price | $511,000 | 10% | $445,700 | 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.