Tag Archives: market conditions

Posted on by January 8, 2022

Ogden Valley Real Estate Outlook – January 2022

Homes For Sale near Snowbasin

Still a Frenzy

After a brief market slowdown in the third quarter of 2021, the “Faster and Higher” trend picked back up for the final quarter of 2021. Houses are selling faster and at higher prices. Demand is still very high, and supply is still very low. These factors have led to the results you can see 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 here.  We 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 Family4th Quarter 2021Change vs. 3rd Quarter 20214th Quarter 2020Last 12 Months Change
Available Inventory10 (3 weeks)-58%35 (1 month)-71%
Sold44-14%509%
Avg.Days on Market27-10%50-65%
Median Sold Price$919,90021%$737,60030%

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.

Posted on by October 5, 2021

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 here.  We 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%
Sold51-11%6725%
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.

Posted on by July 8, 2021

Ogden Valley Real Estate Outlook – July 2021

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Will It Last?

How long will our valley’s real estate market continue to go up? Great question! We’re starting to see signs over the last few weeks that things may be slowing. However, those signs aren’t reflected in this report where we’ve seen another 10% raise in values in just 3 months. 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?

For your free, no obligation equity analysis on your property, click here.  We 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 Family2nd Quarter 2021Change vs. 1st Quarter 20212nd Quarter 2020Last 12 Months Change
Available Inventory30 (1.1 month)50%67 (3.0 mos)-55%
Sold57104%2470%
Avg.Days on Market24-20%98-67%
Median Sold Price$881,10010%$541,00035%

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.

Posted on by January 8, 2022

Ogden Valley Real Estate Outlook – April 2021

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Up, Up, Up!

Unless you’ve been living under a rock, you won’t be surprised to learn that our valley’s real estate market is going up like we haven’t seen since prior to the last crash which lasted from 2006 to 2012. Could this be a precursor of what’s to come? Only time will tell. We need to remember that real estate goes in cycles just like the economy. Market stats/details are below. Many of our clients have decided to cash in on the recent growth (vs. following it down to a losing proposition). Is now the time for you to do the same?

For your free, no obligation equity analysis on your property, click here.  We 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 Family1st Quarter 2021Change vs. 4th Quarter 20201st Quarter 2020Last 12 Months Change
Available Inventory20 (1.2 month)-43%59 (3.9 mos)-66%
Sold28-44%2433%
Avg.Days on Market30-39%138-47%
Median Sold Price$804,5009%$599,30018%

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.

Posted on by October 5, 2021

Ogden Valley Real Estate Outlook – January 2021

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – A Mixed Bag

It should be no surprise to you that our little valley’s real estate market has been seeing the same trends lately as the rest of the state and most parts of the country. Houses are selling faster and at higher prices. Demand is high (COVID being just one of the factors) and supply is low (who wants to move out of our valley, especially during COVID, right?). All of these factors have led to the results you can see below.

For your free, no obligation equity analysis on your property, click here.  We 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

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Featured Valley Listing: Click the photo for details, more photos, aerial video and walking tour video

Single Family4th Quarter 2020Change vs. 3rd Quarter 20204th Quarter 2019Last 12 Months Change
Available Inventory35 (1 month)0%53 (3.3 mos)-34%
Sold50-25%3440%
Avg.Days on Market5046%92-26%
Median Sold Price$737,60016%$536,80015%

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.

Posted on by July 8, 2021

Ogden Valley Real Estate Outlook – April 2020

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Big Gains; Now What?

Wow, what a quarter and year! Prices saw double digit percentage increases during the 1st quarter of 2020 and also over the last 12 months. More details are below. But now what? What’s the short- and medium-term future to bring as a result of these times of health and economic uncertainty? No one knows for certain, but most experts are expecting an economic and real estate slowdown. Many of our clients have decided to cash in on the recent growth (vs. following it down to a losing proposition). Is now the time or you to do the same?

For your free, no obligation equity analysis on your property, click here.  We 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

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Featured Valley Listing: Click the photo for details, more photos, aerial video and walking tour video

Single Family1st Quarter 2020Change vs. 4th Quarter 20191st Quarter 2019Last 12 Months Change
Available Inventory59 (3.9 mos)11%72 (5.6 mos)-18%
Sold24-29%1513%
Avg.Days on Market13850%172-12%
Median Sold Price$599,30012%$503,90016%

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.

Posted on by April 7, 2021

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.

For your free, no obligation equity analysis on your property, click here.  We 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

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Featured Valley Listing: Click the photo for details, more photos, aerial video and walking tour video

Single Family4th Quarter 2019Change vs. 3rd Quarter 20194th Quarter 2018Last 12 Months Change
Available Inventory53 (3.3 mos)-28%74 (7.5 mos)-28%
Sold33-11%26-5%
Avg.Days on Market91-6%7717%
Median Sold Price$533,900-3%$517,50017%

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.

Posted on by January 11, 2021

Ogden Valley Real Estate Outlook – October 2019

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – A Mixed Bag

This last quarter shows mixed results. All of the details are below.

What’s up?

  • The year to date median sales price
  • Third quarter 2019 median sales price (compared to last year’s Q3)

 

What’s down?

  • 2019 median sales price third quarter compared to second quarter
  • The number of homes sold decreased.

 

For your free, no obligation equity analysis on your property, click here.  We 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

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Featured Valley Listing: Click the photo for details, more photos, aerial video and walking tour video

Single Family3rd Quarter 2019Change vs. 2nd Quarter 20193rd Quarter 2018Last 12 Months Change
Available Inventory74 (3.8 mos)-9%74 (4.2 mos)0%
Sold3716%38-14%
Avg.Days on Market9733%79-1%
Median Sold Price$568,300-8%$511,00018%

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.

Posted on by April 8, 2020

Ogden Valley Real Estate Outlook – July 2019

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Big Increases

Values have increased substantially in our valley when comparing this quarter to the prior quarter (and also compared to the last 12 months). The average days on market has also shortened. We find it interesting this is happening with an increase in available inventory so we’ll see how that effects the rest of 2019. All of the details are below.

For your free, no obligation equity analysis on your property, click here.  We 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

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Featured Valley Listing (Price Drop!): Click the photo for details, more photos, aerial video and walking tour video

Single Family1st Quarter 2019Change vs. 4th Quarter 20181st Quarter 2018Last 12 Months Change
Available Inventory81 (11.1 mos)13%67 (3.0 mos)21%
Sold32113%33-11%
Avg.Days on Market73-58%126-7%
Median Sold Price$620,90023%$463,40018%

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.

Posted on by January 8, 2020

Ogden Valley Real Estate Outlook – April 2019

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Big Slow Down

Although prices this quarter only fell by 3%, the most notable market indicator of a slow down was the more than doubling of the average Days on Market (to almost 6 months). This is a fairly strong buyers market overall. Year-over-year numbers look good showing a 7% increase in values, fueled entirely by a strong first half of 2018. All of the details are below.

For your free, no obligation equity analysis on your property, click here.  We 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

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Featured Valley Listing: Click the photo for details, more photos, aerial video and walking tour video

Ogden Valley 5 Acre Lot For Sale

Single Family1st Quarter 2019Change vs. 4th Quarter 20181st Quarter 2018Last 12 Months Change
Available Inventory72 (5.6 mos)-3%74 (4.5 mos)-3%
Sold15-42%26-10%
Avg.Days on Market172124%8912%
Median Sold Price$503,900-3%$449,4007%

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.