Gorgeous Ski Home – 10 Minutes to Powder Mountain!

 

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5753 East Elkhorn Drive, Eden

Located 10 minutes to Powder Mountain, with stunning views of Snowbasin, the peaks of the Wasatch mountains, located in Wolf Creek, Ogden Valley, this home has an open floor plan, spacious rooms, large windows, high ceilings, and plenty of light.  After a day of skiing Utah’s powder, relax in your in-home sauna, or curl up with a hot beverage in your home theatre and re-live your ski day videos or binge-watch your favorite show. Each guest or family member can retire to one of the six bedrooms – each with its own en-suite bath. The low-maintenance xeriscape landscaping will afford you the time to partake of world class snow skiing, golfing, boating, hiking, biking, fishing and all the recreational opportunities found in Ogden Valley.

Located only minutes from Snowbasin and Powder Mountain ski resorts and Pineview Reservoir, less than a half mile to the 1st tee, at Wolf Creek golf course and only an hour from SLC International airport.  The” Ogden Valley lifestyle” is renowned – this is a unique opportunity to own and experience it!

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Lisa’s Market Update – February 2021

With a continuing, strong, upward trend through January in local real estate sales statistics, it’s becoming a good bet that underlying market dynamics are strong and might well continue.  The current,  powerful seller’s market could be with us for some time.

Covid has caused great interest in owning property in less congested areas, and the fact many folks can now work remotely makes the decision to buy easier than ever.  Although many in the workforce are seriously hurting as a result of the Covid-inspired recession, it is also true that those still working in high paying jobs or with selected investments, have done well financially over the past twelve months.  The latter group are the primary buyers of resort real estate.

Properties sold in the Ogden Valley once more showed some dramatic increases in January.  Media sales price for single family homes jumped from $790,000 to $932,000, and median price per sq. ft. increased from $239.00 to $248.00.  Sales of condo and townhomes in the Valley increased to 13 units from 8, and median sales price was $423,000, up from $261,000.  Single family homes median sales price in the Mountain Green area jumped to $870,000 from $700,000 and price per sq. ft. increased to $238.00 from $171.00.  Median sales price for single family home along the Ogden Bench was $305,000, up from $290,000, and median price per sq. ft. $159.00, up from $157.00.

MARKET UPDATE – January 2021

OVSF- Ogden Valley Singe Family; MGSF – Mountain Green Single Family; OBSF – Ogden Bench Single Family; OV C/T – Ogden Valley Condominiums & Townhomes

Prop. for Sale   Prop. Sold   Med. Days on Mkt.   Med. Price   Med. Sq. Ft.

OVSF          24                    11                      179                       $932,000       $248.00

MGSF          3                       2                       39                        $870,000       $238.00

OBSF          11                     33                         8                        $305,000       $159.00

OVC/T         5                     13                          3                       $423,000        $263.00

For comparative real estate statistics for all Utah ski resorts,  click here.

Ogden Valley Skiing in a Season with Little Snow and Much Covid

Yes, there is skiing happening in the Ogden Valley! And it can be surprisingly good considering the serious snow drought we’re experiencing.  And relatively hassle free – considering the explosion of Covid in Utah.

Snowbasin and Powder Mountain have been spinning lifts for weeks, and although all of their terrain isn’t open and the coverage could be better, there are plenty of folks strapped into skis or boards, enjoying our spectacular mountains and the sport they love.  As my husband, who skied for years in the East, says – “would be excellent conditions back there.”  Perspective.  Perspective.  The views are still spectacular, the air is clear, and although we’re lacking in storms, we’ve had plenty of crisp, sunny, bluebird days.

Each of the Valley resorts are doing their best, and have been quite innovative, in trying to give their customers a pleasant day on the slopes while observing Covid protocols.  Sure, you have to wear a mask.  That covers your nose.  But many skiers already wear gators that can serve the purpose, particularly if doubled.  With all the other gear and clothing associated with skiing, a mask would seem a minor inconvenience to enjoy a day on the snow. Food is readily available, either inside with proper distancing, or at outdoor facilities (eat outside or in your car). Online ordering is in vogue.  Chairlifts and gondolas honor the requests of any guest to ride alone, or only with the people they came with.  Restrooms are open, masks and distancing required.

Looking ahead – the snow will likely come, and with the hope of the vaccine as it goes into more and more arms, spring skiing and riding could be epic.  Again…perspective.

The Links Bistro, at Wolf Creek Golf Club, is now open and serving Italian Specialties, take-out only.

 

 

Lisa’s Market Update – January 2021

If it sounds like a broken record…it’s a record those who are selling property will be glad to play over and over.  The sizzling hot real estate market in the Ogden Valley, Mountain Green and  Ogden Bench areas I have reported on for most of the past year  continued through the end of 2020, and shows no signs of abating for the early part of 2021.

Once again, the Ogden Valley led the way in statistical increases in December.  The median price of single family homes jumped to $790,000 from $717,000, while median price per sq. ft. increased from $213.00 to $239.00.  Average days on the market dropped from 60 to 39.  Median price per sq. ft. for condos and townhomes sold in the Valley climbed to $275.00 from $256.00 in November.  Days on the market fell to 14 from 68.

The Mountain Green single family market saw the median sales price rise to 109% of original listing price from 99% – indicating multiple offer situations.  Along the Ogden Bench area, the median sales price rose to $290,000 from $285,000 and median price per sq. ft. went to $157.00 from $150.00.

During normal years, people come to ski or board at the Valley resorts, like what they see, and decide to look at property.  They start investigating the market while they are here, or after they leave.  A lot of transactions that occur in the spring or summer result from interest and research that started during ski season.

This winter season will likely bring two forces that will impact the market from different directions.  Due to Covid, there will be fewer out-of-town, out-of-state visitors who become interested in real estate.  But at the same time, the trend toward folks wanting to own property in less congested settings could positively impact the market.

MARKET UPDATE – December 2020

OVSF- Ogden Valley Singe Family; MGSF – Mountain Green Single Family; OBSF – Ogden Bench Single Family; OV C/T – Ogden Valley Condominiums & Townhomes

Prop. for Sale   Prop. Sold   Med. Days on Mkt.   Med. Price   Med. Sq. Ft.

OVSF          34                    19                      39                       $790,000       $239.00

MGSF          4                       5                        8                        $700,000       $171.00

OBSF          17                    42                       8                         $290,000       $157.00

OVC/T          2                     8                       14                       $261,000       $275.00

For comparative real estate statistics for all Utah ski resorts,  click here.

   

Happy Holidays! Compass Rose Tipis! New Restaurant!

My sincerest wishes to all reading this, their families and loved ones, for a safe, happy Holiday Season and healthy and prosperous 2021.  I’ll admit – I’m not  sad to put 2020 behind us.

There is some exciting Valley news for December.  Don Pollo Mexican Grill recently opened its’ doors in the Diamond Peak Plaza in Eden.  Please visit their website for their dine-in,  pick-up options and their menu.  Also, the Compass Rose Lodge has added two authentic tipis to their beautiful grounds, as a unique, safe option for meetings, gatherings, and entertaining.

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The Ogden Valley has a rich Native American Heritage, and the Hyde family, owners of the Compass Rose Lodge and serious stewards of the history of the Valley, is again paying homage this history with the latest addition to the  widely acclaimed variety and quality of the Lodge’s amenities. The guess here is there aren’t many luxury boutique hotels with tipis and a serious observatory.

 

Lisa’s Market Update – December 2020

A surprisingly hot real estate market over the past eight months took perhaps its largest leap to date in certain geographical areas and statistical categories in November.  At this point there doesn’t appear to be a slow-down in sight.

The Ogden Valley led the way in eye-popping statistical increases.  The median price of single family homes sold went to $717,000 from $692,000, while median price per sq. ft. increased from $198.00 to $213.00.  Median price for condos and townhomes sold in the Valley jumped at an even higher percentage – from $353,000 to $431,000.  And price per sq. ft. went from $233.00 to $256.00.

The Mountain Green single family market saw sales increase from five to eight in November, and the median price per sq. ft. rise to $170.00 from $148.00.  Along the Ogden Bench, the median sales price reached $335,000 from $285,000, and the price per sq. ft. went to $150.00 from $146.00.

Traditionally, people come to ski at one or more of the Valley resorts, like what they see, and decide to look at property.  They may start investigating the market while they are here, or after they leave.  A lot of transactions that occur in the spring or summer result from interest and research that started during ski season.

This season will likely bring two forces impacting the market from different directions.  Due to Covid, there could be fewer out-of-town, out-of-state visitors who become interested in real estate…but at the same time the trend toward people wanting to own property in less congested settings could positively impact the market.

MARKET UPDATE – November 2020

OVSF- Ogden Valley Singe Family; MGSF – Mountain Green Single Family; OBSF – Ogden Bench Single Family; OV C/T – Ogden Valley Condominiums & Townhomes

Prop. for Sale   Prop. Sold   Med. Days on Mkt.   Med. Price   Med. Sq. Ft.

OVSF          41                    17                      60                       $717,000       $213.00

MGSF          7                       8                        6                        $437,000       $170.00

OBSF          20                    45                       5                       $335,000       $150.00

OVC/T          5                     10                     68                       $431,000       $256.00

For comparative real estate statistics for all Utah ski resorts,  click here.

   

Lisa’s Market Update – November

The real estate market again remained strong through October in the Ogden Valley, Mountain Green and Ogden Bench areas, with only a few small percentage drops in sales statistics from what has been an exceedingly hot market through the summer and early fall.  However, there is significant uncertainty as the winter ski season approaches…around how the dramatic Covid increases in Utah and resulting  resort restrictions could affect visitors, skier days, and the real estate market.

Traditionally, people come to ski at one or more of the Valley resorts, like what they see, and decide to look at property.  They may start investigating the market while they are here, or after they leave.  A lot of transactions that occur in the spring or summer result from interest and research that started during ski season.

This season could bring two forces acting on the market from different directions.  Due to Covid, there could be fewer out-of-town, out-of-state visitors who become interested in real estate…but at the same time the trend toward people wanting to own property in less congested settings could positively impact the market.

MARKET UPDATE – October 2020

OVSF- Ogden Valley Singe Family; MGSF – Mountain Green Single Family; OBSF – Ogden Bench Single Family; OV C/T – Ogden Valley Condominiums & Townhomes

Prop. for Sale   Prop. Sold   Med. Days on Mkt.   Med. Price   Med. Sq. Ft.

OVSF          38                    14                      50                       $692,000       $198.00

MGSF          7                       5                        5                        $470,000       $148.00

OBSF          23                    49                       9                       $285,000       $146.00

OVC/T          4                     10                     89                       $353,000       $233.00

For comparative real estate statistics for all Utah ski resorts,  click here.

   

Lisa’s Market Update – October

The real estate market remained on an upward trend in the Ogden Valley, Mountain Green and the Ogden Bench in August.

One of the issues contributing to the continued strong market is a lack of inventory.  An example – the Ogden Valley had only nine condos and town homes for sale in early September.

Other notable numbers rising in August were sales of single family homes in the Ogden Valley that jumped from 19 to 30, median sales price that went to  $662,000 from $575,000, and medial price per sq. ft. that was up to $181.00 from $179.00.  Condo and town home sales in the Valley went from 4 units to 11 units.

Median price per sq. ft. for single family home sales in the Mountain Green area was $159.99, up from $139.00.  Days on the market dropped from 34 to 11 – again, evidence of a lack of inventory.  Along the Ogden Bench, median price per sq. ft. for single family homes was $136.00 up from $130.00.

With Covid still a significant threat and constantly in the news, property in areas without the congestion of major cities are attracting a lot of interest – in particular the Ogden Valley.  There is widespread thought that even after the pandemic subsides, many more individuals will be able to work from remote locations, as the efficiency and cost savings have become obvious.  If that is the case, the strong real estate market in our area would have an additional stimulus well into the future.

MARKET UPDATE – September 2020

OVSF- Ogden Valley Singe Family; MGSF – Mountain Green Single Family; OBSF – Ogden Bench Single Family; OV C/T – Ogden Valley Condominiums & Townhomes

Prop. for Sale   Prop. Sold   Med. Days on Mkt.   Med. Price   Med. Sq. Ft.

OVSF          37                    18                      40                       $662,000       $231.00

MGSF          9                     16                      19                        $636,000       $155.00

OBSF          24                    47                        6                       $305,000       $148.00

OVC/T          6                     14                     49                       $437,000       $239.00

For comparative real estate statistics for all Utah ski resorts,  click here.

   

Just Listed! 4834 East Patio Springs Circle, Eden

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(Click on Photo Above for Property Details)

Nestled in a cul- de sac backed up by open space and Wolf Creek Golf Course, this 4 bedroom 4 bath home has it all!

The peaceful setting provides ample space for entertaining family and guests with impeccable landscaping, a pond and waterfall, fire pit and generous deck.

Inside, the open floorplan boasts vaulted ceilings, hardwood floors, granite countertops and a cozy fireplace on the main. The upper level features the master suite and two additional bedrooms and bath. The lower level provides additional space with a generous family room, wet bar and fire place.

Outside find an oversized garage / shop with an extra high door, electricity, and storage loft and additional parking for at least 4 vehicles, boat, trailer or RV.

Located minutes to all the Ogden Valley Lifestyle has to offer- Powder Mountain, Snowbasin and Pineview reservoir.

Hot Market! Listed and Under Contract Within 48 Hrs!

Red hot is an apt description of the current real estate market in the Ogden Valley! Within the week I have had a house go under contract within 48 hrs. of the listing going live, and within the past month I have sold two lots within a week of listing them.  One of the lots received multiple offers.

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6207 East Quail Lane, Huntsville – Under Contract in 48 Hours!

Until recently, land sales in the Valley lagged well behind home, condo and townhouse sales.  But starting a couple of months ago, land sales have picked up dramatically.  Inventory has dwindled, and as many people have become interested in moving out of congested cities, all aspects of the residential property market in the Valley are on quite a roll.

Not only have the number of units sold increased and days on the market decreased, prices are also rising.  Dramatically at some price points.  A number of homes that were valued in the $800,000-$900,000 range just six months ago are now selling for over $1,000,000.