Ogden Valley Real Estate Outlook – January 2019

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Flat Yet Again

You may recall that quarter 3 of 2018 saw strong improvements in the market after 3 quarters of little growth. The 4th quarter seems to be back on the same flat pace with little/no growth in in the valley. Fewer sales and almost 3 months of inventory. Year-over-year prices have shown a slight (4%) increase. All of the details are below.

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

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

Ogden Valley Home for Sale

Single Family4th Quarter 2018Change vs. 3rd Quarter 20184th Quarter 2017Last 12 Months Change
Available Inventory74 (7.5 mos)0%83 (4.7 mos)-11%
Sold25-34%312%
Avg.Days on Market782%128-20%
Median Sold Price$511,8000%$475,8004%

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.

Ogden Valley Real Estate Outlook – October 2018

Homes For Sale near Snowbasin

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.

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

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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 Family3rd Quarter 2018Change vs. 2nd Quarter 20183rd Quarter 2017Last 12 Months Change
Available Inventory74 (4.2 mos)10%88 (4.7 mos)-16%
Sold3815%357%
Avg.Days on Market79-37%86-1%
Median Sold Price$511,00010%$445,7004%

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.

Ogden Valley Real Estate Outlook – July 2018

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Pretty Flat

Comparing this past quarter to the same quarter in 2017, you’ll see that although there are fewer houses for sale, prices have remained very flat. The nice little bump in prices compared to last quarter seem related to seasonal changes. Homes under $450,000, when priced correctly, are still flying off the market (large buyer demand, low inventory). All of the details are below.

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

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

Green Hills Home For Sale Huntsville Utah

Single Family2nd Quarter 2018Change vs. 1st Quarter 20182nd Quarter 2017Last 12 Months Change
Available Inventory67 (3.0 mos)-9%96 (5.1 mos)-30%
Sold3223%321%
Avg.Days on Market12743%1046%
Median Sold Price$461,2003%$487,2002%

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.

Ogden Valley Real Estate Outlook – April 2018

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Pancake-like Flat

The slowing that we saw in the prior quarter has stabilized as this most recent quarter has seen prices holding fairly steady. The amount of time on the market decreased back to a more normal rate, but at 89 days can be deceiving: Properties under $400,000 continue to move fast, while over $500,000 are very slow (over a year supply). All of the details are below.

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

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

Ogden Valley Home for Sale

Single Family1st Quarter 2018Change vs. 4th Quarter 20171st Quarter 2017Last 12 Months Change
Available Inventory74 (4.5 mos)-11%79 (4.9 mos)-6%
Sold26-16%271%
Avg.Days on Market89-30%148-2%
Median Sold Price$447,200-2%$470,5006%

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.

Ogden Valley Real Estate Outlook – January 2018

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Holding and Slowing

Last quarter, despite the deceiving positive statistics, we foreshadowed a slowing market in the valley. That is now reflected in this past quarter’s numbers. Although prices have held (and even show strong year-over-year increases), the time it takes for properties to sell has increased substantially. All of the details are below.

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

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

Ogden Valley Townhome/Condo for Sale

Single Family4th Quarter 2017Change vs. 3rd Quarter 20174th Quarter 2016Last 12 Months Change
Available Inventory83 (4.7 mos)-6%86 (6.6 mos)-3%
Sold31-11%2611%
Avg.Days on Market12848%9013%
Median Sold Price$454,3001%$413,00010%

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.

Ogden Valley Real Estate Outlook – October 2017

Homes For Sale near Snowbasin

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.

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

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

North Fork Home For Sale Liberty Utah

Single Family3rd Quarter 2017Change vs. 2nd Quarter 20173rd Quarter 2016Last 12 Months Change
Available Inventory88 (4.7 mos)-8%111 (5.1 mos)-21%
Sold359%38-3%
Avg.Days on Market86-17%65-9%
Median Sold Price$448,200-8%$417,5008%

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.

Ogden Valley Real Estate Outlook – July 2017

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Increases Continue

Prices continue a nice steady increase this quarter, just as we’ve seen the last several quarters. Homes under $450,000, when priced correctly, are flying off the market (large buyer demand, low inventory). The rest of the market is much slower, so overall we’re experiencing a “balanced” market (neither a buyer nor seller market). All of the details are below.

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

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

North Fork Home For Sale Liberty Utah

Single Family2nd Quarter 2017Change vs. 1st Quarter 20172nd Quarter 2016Last 12 Months Change
Available Inventory95 (5.1 mos)22%113 (5.5 mos)-15%
Sold3219%3212%
Avg.Days on Market104-30%114-11%
Median Sold Price$487,2004%$405,7005%

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.

Ogden Valley Real Estate Outlook – April 2017

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Sharp Increases

In general, our valley has seen (relatively) sharp price increases over the last 12 months. This has been most lead by the price segment under $450,000, which has been blistering hot (low inventories, and very short days on market). Over this price point is still lagging when compared to the Wasatch Front. Across all price points, we’re seeing a balanced market with about a 5-month supply. All of the details are below.

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

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

Baily Acres, Liberty Utah, Home For Sale

Single Family1st Quarter 2017Change vs. 4th Quarter 20161st Quarter 2016Last 12 Months Change
Available Inventory79 (4.9 mos)11%71 (4.9 mos)11%
Sold274%1713%
Avg.Days on Market14863%145-22%
Median Sold Price$470,50014%$390,9009%

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.

Ogden Valley Real Estate Outlook – April 2016

Homes For Sale near Snowbasin

Ogden Valley Real Estate Market – Positive Signs

Historically the 1st quarter in our Valley usually shows signs of an improving market after downturns of the 4th quarter. So these two positive signs are hopefully good news for the remainder of 2016:

  1. Single Family prices rose 13% year-to-date
  2. Number of Days on Market dropped slightly We’re also still seeing a balanced market with about a 5-month supply. All of the details are below.

 

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

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Featured Valley Listing: Coming Soon – Call For Details (be the1st to know about it)

Single Family1st Quarter 2016Change vs. 4th Quarter 20151st Quarter 2015Last 12 Months Change
Available Inventory71 (4.9 mos)-17%98 (5.9 mos)-28%
Sold17-54%257%
Avg.Days on Market145-2%1323%
Median Sold Price$390,900-3%$354,20013%

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.

Ogden Valley Real Estate Outlook – January 2016

Homes For Sale near Snowbasin

Interesting (to say the least)

Why “Interesting”? Historically, the 4th quarter is the slowest in our Valley. However, compared to the 3rd quarter of 2015, the number of sales rose over 50% while at the same time prices barely move at all. The time it took for houses to sell also increased. Year-over-year numbers show a very similar pattern. With the potential of interest rates rising in 2016, it will again be “interesting” to see how this impacts our Valley’s market.

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

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

Lakeside Village Unit 17 For Sale

Single Family4th Quarter 2015Change vs. 3rd Quarter 20154th Quarter 2014Last 12 Months Change
Available Inventory86 (6.6 mos)-23%96 (6.7 mos)-10%
Sold3754%2321%
Avg.Days on Market148195%173-10%
Median Sold Price$404,700-1%$323,5000%

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.