Month: August 2020

Treat Yourself!! – to a delicious Seafood Boil or Barbecue Feast!  Wednesday and Friday evenings at the Sky Lodge at Powder Mountain.  Reservations are a must/book early. Powder Mountain/Events/Toasts to Trails

Although I am a real estate broker, I am committed to preventing the excessive development, often in the wrong locations, that has resulted in the congestion and construction blight in numerous other resort communities.  Guarding against over-development will ensure that we, and future generations, continue to enjoy what we all recognize as the unique, wonderful “Ogden Valley Lifestyle.”

One of the most effective ways to control development, while giving owners of farms, open land and iconic properties a viable financial option to selling, is for a community, non-profit organization, to purchase and hold conversation easements.  Master plans, zoning ordinances, even laws, are open to revision, repeal, and the political whims of officials.  Once a conservation easement is finalized, the property is protected in perpetuity.  If the property is occupied, the owner (often generations of the same family) will always be able to stay on their land.

Since 1998, the Ogden Valley Land Trust has acquired 6,000 acres of conversation easements for landowners who wish to protect and preserve their property while retaining ownership.  This considerable acreage will forever be shielded from development, while preserving scenic view corridors, wildlife habitat, watershed and agriculture uses, and the history and culture of our beloved Valley.  The organization is constantly working to locate, and protect, additional properties.

Jensen-Fowers Farm, Huntsville

The Land Trust is also looking for those interested in doing their part to preserve the extraordinary beauty and lifestyle of the Ogden Valley.  If you’re interested, check out their website.

 

Conventional wisdom aside, the real estate market in the Ogden Valley, Mountain Green and Ogden Bench areas continues to be strong with stable or rising prices.  This trend has existed since the early days of the Covid pandemic and an acknowledged recession, and shows no signs of slowing down.

The more dramatic increases in the July statistics over June were in the Ogden Valley, where units sold went from 6 to 19, the median price per sq. ft. jumped to $179.00 from $170.00, and median days on the market took a precipitous drop from 168 days to 28.  Sales of condos and town homes in the Valley jumped to 4 from 1, and the median sales price went up from $287,000 to $405,000.

Statistics in the Mountain Green area show a strong market that remained fairly stable from June through July, although the median days on the market did drop to 30 from 49.

Along the Ogden Bench, median sales price took a big jump from $248,000 to $345,000.

MARKET UPDATE – July 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          40                    19                      28                       $575,000       $179.00

MGSF         12                     19                      30                       $555,000       $139.00

OBSF           23                    62                       9                        $345,000       $130.00

OVC/T         19                     4                       87                         $405,000      $242.00

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