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 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 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.

Why Use a Utah Buyer’s Agent Specialist with New Construction?

A common misconception when purchasing new construction is that you don’t need an agent. Here are some things to consider:

  • That friendly and helpful salesperson at the Model Home works for and represents the builder’s interest and the builder’s interest only. Shouldn’t you have independent representation (a Buyer’s Specialist), including our brokerage’s legal backing.

 

  • A Buyer’s Specialist costs you nothing. The builder has allocated a sales commission to be paid to your specialist since most buyers bring in their own representation (because of the advantages to the buyer highlighted here). When a buyer does not use a Buyer’s Specialist, the builder either pays their salesperson a higher commission or the builder pockets the additional profit.

 

  • A Buyer’s Specialist will hold the builder accountable to the terms of the contract if they try to make changes when your written approval is needed. Your Specialist is intimately familiar with all the terms of the contract and can point things out to you that have been negotiated in your favor when the builder tries to make changes (most unrepresented buyers won’t even notice when a builder does this).

 

  • A Buyer’s Specialist can give you objective professional advice and insight during all phases of the process, such as contract negotiation, construction inspections, final walk-through, and closing. He can recommend neutral third parties for inspections, expert opinions and more so the buyer is not relying solely on the word/recommendations of the builder.

 

  • While the builder’s sale representative will always give the appearance that sales prices are non-negotiable, an experienced Buyer’s Specialist can use recent and historical sales data to aid in the negotiation. Sold home price data is not available to the public in Utah since we are a privacy state.

 

  • Builders will continue to have a relationship with top Buyer Specialists in the community and will work hard to make sure things go smoothly. With individual clients that relationship is usually finished once the home is completed so builders may not be as motivated to “play nice” with the unrepresented buyer.

 

How do you get all of these benefits?  Simple: Schedule a Buyer Consultation with one of our team’s Buyers Specialists. Call or text us at 801-896-7355.

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.

Trying to Buy a House and Tired of Missing Deal after Deal?

Frustrated? I bet.

I will show you how to WIN in this Market.

Tired of competition from other buyers? You have to be proactive in this market – and here’s the secret sauce —-

Our Exclusive ‘Would Sell List’ – which gives you access to up to 20% more homes, none of which are listed publicly for sale.

Get on this List, and You’ll Find:

• Homes that only our team knows about – which aren’t for sale to the public yet. You’ll have 1st sneak peek at these properties – one of our most powerful tools.

• Our team’s personal list of sellers who haven’t offered their homes to the public yet, but who have said “Bring me a buyer”.

• Homes recently offered for sale to the public – they didn’t sell, but they still want to.

• Homes with very limited public exposure – usually for sale by owners

• Owners who have fallen behind on their payments and may be forced to sell very soon.

• New Homes from Builders ready for completion – that are yet to be offered for sale to the public.

How do you get on this list? Simple: Schedule a Buyer Consultation with one of our team’s Buyers Specialists. Call or text us at 801-896-7355.