Month: May 2020

 

An Uncrowded 4-Seasons Resort Community…in a Spectacular, Rural, Alpine Setting…20 Minutes to the City and 50 to an International Airport

This is your opportunity to live the renowned “Ogden Valley Lifestyle”…in the heart of Ogden Valley.  Spacious, 4700 sq. ft. home with acreage, horse barn, sport court, stunning views, directly across from Pineview Reservoir and boat launches.  Just 15 minutes to Snowbasin and Powder Mountain ski resorts, and 5 minutes to a spectacular golf course, hiking and biking trails.  An idyllic, uncrowded resort community with a rural feel, but only 20 minutes to all a city of 90,000 has to offer, and another 30 minutes to Salt Lake and its’ international airport.   

Through the wall of windows in the great room and dining room, look across magnificent vistas of the lake and Wasatch peaks.  Maple hardwood floors on the main, 4 fireplaces, expansive, wrap-around deck, 5 bedrooms/2 with en-suite baths, spacious 4 car garage, 5 stall-barn, tack room and outdoor riding area, RV and boat parking.  Your own resort area compound…ideal for families or couples…will let you become a part of the beauty, unlimited recreational opportunities and warm, welcoming residents of the Ogden Valley.

Another full month into the Covid 19 pandemic, its’ impact on the local real estate market is noticeable but not dramatic.  There are numerous properties being listed and sold, and the numbers in these two categories remained fairly constant from March through April.  The biggest changes are the decreases in most areas in days on the market and price per sq. ft.

The drop in days on the market, from 134 to 86 for Ogden Valley single family homes, 90 to 4 days for condos and townhomes in the Valley, 49 days to 14 for Mountain Green single family, and 27 days to 14 for single family homes along the Ogden Bench – indicates the recent trend of limited inventory is continuing.  And there are buyers during this very different business environment.  A number of multiple-offer dealswere reported in April.

The drop in price per sq. ft. across three of the four geographical areas covered in the statistics below could indicate a market with a softening price curve, but it will take at least another month of statistics before any meaningful conclusion can be reached.  Ogden Valley single family homes price per sq. ft. dropped from $185.00 in March to $171.00 in April.   Condos and town homes in the Valley dropped from $250.00 to $225.00, and single family homes price per sq. ft. on the Ogden Bench dropped from $138.00 to $128.00.

I continue to offer full real estate services to my clients and prospective clients.  I wear a mask, gloves and practice social distancing at all showings, as much for your protection as mine.

MARKET UPDATE – April 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           62                    8                      86                       $552,000        $171.00

MGSF         24                     9                      14                        $405,000       $144.00

OBSF           50                    43                    18                         $280,000        $128.00

OVC/T         35                     3                        4                         $224,000        $225.00

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