Ogden Valley Real Estate Outlook – October 2021

Homes For Sale near Snowbasin

Has The Craziness Ended?

Or has it just slowed down? Only time will tell, but we’ve certainly seen values decrease during Q3 2021. Looking back over the last year, we’ve seen sharp increases in values and sharp declines in inventory. Values dropped 14% last quarter although inventory still remains low.

You’ll find the market stats/details below. Many of our clients have decided to cash in on the recent growth (vs. following it down to a losing proposition with the next market shift). Is now the time for you to do the same? Call us to discuss.

For your free, no obligation equity analysis on your property, click hereWe have buyers who can’t find the right Ogden Valley property – call Joel to see if what you have might be what they want.

See What Your Neighbor’s House Sold For: www.UtahSoldHomePrices.com

Single Family3rd Quarter 2021Change vs. 2nd Quarter 20213rd Quarter 2020Last 12 Months Change
Available Inventory24 (1.1 month)-20%78 (3.8 mos)-69%
Avg.Days on Market3026%34-63%
Median Sold Price$760,800-14%$637,40035%

To learn how our Ultimate 57-Point Marketing Plan is earning our sellers about 4% more and selling in ½ the time (compared to the average agent), click here or just give us a call.

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