Lisa’s Market Update for December 2019

The strong, upward trend continues.  December 2019 real estate market statistics for the Ogden Valley, Mountain Green, and the Ogden Bench showed showed no significant decreases, but rather a number of significant increases.  Terrific snow that continues to fall brought large crowds of Holiday visitors to the Valley, Mountain Green and Ogden areas…and this means lots of folks who have now seen the magic of the area will begin to investigate options for purchasing property.

Again, the majority of market statistics for December reflected a steady or upward trend, continuing the strong market for most of 2019.  The largest increase  was a big jump to $705,000 from $536,000 for the median sales price of condos and townhouses in the Ogden Valley, along with a decrease in days on the market in that same category from 4 weeks to 3 weeks.  Days on the market for single family homes in the Ogden Valley dropped to 51 from over 100.  Single family homes in the Mountain Green area showed increases in median sales price from $519,000 to $580,000 and median price per square ft. from $126.00 to $155.00.  The Ogden bench also had an increase in median sales price from $232,000 to $245,000.

MARKET UPDATE – December 2019

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           53                   10                      51                       $582,000        $166.00

MGSF         25                     3                      38                        $580,000        $155.00

OBSF           57                   42                    36                         $245,000        $117.00

OVC/T         13                      3                      21                        $705,000        $211.00

   

Terrific Early Snow…Winter Season and Holidays in High Gear

My Very Best Wishes for a Wonderful Christmas and Holiday Season!

IMG_2447 IMG_9258

My monthly newsletter now includes a “Lisa’s Deal of the Month” – a coupon for a discount at a Ogden Valley business.  The Deal for December is for a free appetizer at Kuna Bistro, a lovely new restaurant located in Eden, in the Ogden Valley.  

Are you not receiving my newsletter and the coupon?  Would you like to? Please email me at lisa@lisakaram.com, and I’ll add you to the list.  If you live locally and I have your physical address, I’ll also mail you a postcard with a coupon.

 

Lisa’s Market Update November 2019

November 2019 market statistics for the Ogden Valley, Mountain Green, and the Ogden Bench showed continued strength of the strong real estate market as we move through the Fall season, toward Winter and the Holidays.  An epic snow storm at the end of November has all the ski resorts open and experiencing exceptionally good conditions for this early in the season. With the Holiday crowds soon to arrive, and some folks trying to complete transactions during 2019 for tax purposes – December should prove to be an interesting month.  Look for my December 2019 Market Update, which will be published in early January 2020, for the actual numbers.

Again, the majority of market statistics for November remained steady, mirroring the strong market for most of 2019, but there was one notable exception.  The median sales price of single family homes in the Mountain Green and Ogden Valley areas jumped over $100,000 to $519,000, and $609,000, respectively.  The median sales price of condos and town homes in the Ogden Valley rose by a staggering $300,000 to $536,000.

Here’s wishing each of you and your families and loved ones a wonderful Holiday Season!!

MARKET UPDATE – THROUGH OCTOBER 2019

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           57                   10                     110                       $609,000        $172.00

MGSF         30                    11                     49                        $519,000        $126.00

OBSF           79                   54                    25                         $232,000        $123.00

OVC/T         12                      3                      27                        $536,000        $215.00

   

Holidays…Ski Season…The Monarch…Another Deal of the Month

Excitement is Building!!

Thanksgiving and the holiday season are coming light a freight train, we’re only (hopefully) a week from the opening of ski season, there’s a beautiful new arts and entertainment center in Ogden, and my monthly newsletter “Lisa’s Deal of the Month” can help you avoid a serious hassle as winter moves in.

After a frigid and snowy October, a warm spell has skiers and boarders anxiously watching the weather and opening dates.  It’s snowing as I write this and more is predicted for next week.

Snowbasin’s opening date has been moved from Thanksgiving Day to Saturday, November 30th.  The resort’s renowned Thanksgiving Dinner has just been announced as SOLD OUT, so there will still be plenty of folks at the mountain for the traditional opening of the winter season.

There is a beautiful new arts and entertainment complex that has just opened in Ogden, and it’s well worth a visit.  The Monarch is a huge step forward for the arts and cultural scene in the Ogden and Ogden Valley areas.  Housed in a lovely renovation of an historic building, there are numerous open spaces for artists to actually create, as well as show, their work.  The public is invited to watch the creative process.  There are also spaces for events, concerts, and a cutting-edge restaurant.

Lisa’s Deal-of-the-Month!

My monthly newsletter now includes a “Lisa’s Deal of the Month” – a coupon for a discount at a Ogden Valley business.  The Deal for November can save you a major hassle as cold weather settles in!  

Are you not receiving my newsletter and the coupon?  Would you like to? Please email me at lisa@lisakaram.com, and I’ll add you to the list.  If you live locally and I have your physical address, I’ll also mail you a postcard with a coupon.

 

 

Market Update For October 2019

October 2019 experienced the typical drop in units sold and listed during what is one of the “shoulder” seasons.  In this case, the month prior to the beginning of the holidays, the opening of Snowbasin, Powder Mountain and Nordic Valley, and the crowds that will soon begin to flood into the Ogden Valley.

But overall the market remained strong, with median sales price and median sq. ft. price remaining relatively high.  As an example, the median sq. ft. price of single family homes in the Ogden Valley was $184.00, which is still well above the price in this category a year ago, and only a slight drop from the $186.00 price in September.  Condominiums and townhouses in the Valley increased to $240.00 per sq. ft. from $228.00 in September.

If the ski season gets off to a good start, visitors will begin to pay attention to various property categories as they visit the Ogden Valley, Mountain Green and Ogden areas.  The pattern is familiar.  They are taken with the beauty, recreational opportunities and lifestyle, the relatively low prices, and they start investigating what is available in the real estate market.

MARKET UPDATE – THROUGH OCTOBER 2019

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           59                   13                     112                       $490,000        $184.00

MGSF         30                     5                      49                        $318,000        $138.00

OBSF           87                   47                    24                         $230,000        $122.00

OVC/T        13                      3                      27                         $273,000        $240.00

   

 

IS WINTER HERE TO STAY IN THE OGDEN VALLEY?

It’s Cold!!!

Record-setting frigid air descended on Utah, and in particular, the high elevations of the Ogden Valley, and has been with us for the past week.  It was -11 degrees at my house one early morning.  Snow is covering the slopes of Snowbasin and Powder Mountain, and the snow guns are on at Snowbasin.  If you’re willing to hike, and you’re careful, you can join those already making turns.  With an early preview of winter, excitement is building for an early start to the ski season.

But are we really finished with the milder temperatures of Fall?  Is winter here to stay?  Open Snow is predicting dry conditions until the middle of the month and warming temperatures, but cold enough overnight to allow snowmaking to continue.  History tells us we shouldn’t be surprised if we lose some of the early base at the resorts, but there is a lot of anticipation with the quick shift to winter-like weather.

Lisa’s Deal-of-the-Month!

My monthly newsletter now includes a “Lisa’s Deal of the Month” – a coupon for a discount at a Ogden Valley business.  The inaugural Deal for October was buy one cup/get a cup free – for coffee at the world-class First Lift Coffee Shop in the Compass Rose Lodge in Huntsville.  If you haven’t visited the Compass Rose and the hotel’s observatory, which are gaining worldwide attention for design, quality, and hospitality, it’s well worth a trip to Huntsville Square.

Are you not receiving my newsletter and the coupon?  Would you like to? Please email me at lisa@lisakaram.com, and I’ll add you to the list.  If you live locally and I have your physical address, I’ll also mail you a postcard with a coupon.

Lisa’s New Listings Wolf Creek

3417 North Trappers Court, Wolf Creek, Ogden Valley

Click here for more information

3417ntrapperscourteden-0-original

The Ogden Valley is famous for its’ stunning, majestic scenery.  And the “Ogden Valley Lifestyle” is renowned for the warm, welcoming, diverse group of residents who enjoy an active, family-oriented lifestyle in the midst of world-class ski resorts Snowbasin and Powder Mountain, a sparkling recreational lake, numerous hiking and biking trails, a beautiful, challenging golf course, and as many farm-to-table dinners as they want to attend.  And it’s all only an hour from the Salt Lake City international airport.

With the benefits of a single-family home, but the price and “lock and go” characteristics of a condominium, this rare two-bedroom Trappers Ridge, Wolf Creek residence is a unique opportunity to own a slice of what Valley residents view as paradise.  An open floorplan, there is plenty of light and a cozy fireplace.  The back patio is adjacent to open space, and neighborhood amenities include a Clubhouse with gym, Jacuzzi, pool and tennis court.  There is new carpeting throughout and a freshly painted garage. Nightly and long-term rentals are allowable, in demand, and the home is being sold completely furnished.

If you can imagine living or visiting and recreating in this amazing resort environment – take a close look at this property!

3424 North Big Piney, Wolf Creek, Ogden Valley

Click here for more information 

3424+N+Big+Piney+Drive+Eden-1-web

After a day of skiing Utah’s fabulous powder, relax by the fire and soak in views of the stunning beauty of the Ogden Valley and majestic peaks of Snowbasin from this gorgeous Trappers Ridge home. During summer, hike and bike on trails minutes from your door, boat on Pineview Reservoir, play golf, cast for trout, or play tennis or pickle ball…all before watching a magnificent sunset illuminate the fabled Wasatch range.

Enjoy life to the fullest in one of the most spectacular alpine valleys and resort communities…anywhere!

The living room, dining room and kitchen offer space to stretch out by the rock fireplace and access to the massive deck. Three bedrooms, including the grand suite, with separate tub, shower and walk-in closet, occupy the main level. The basement features a large family room with patio access, two additional bedrooms, a bonus room and a game room.

Community amenities include a lovely clubhouse, exercise room, swimming pool, walking trails, tennis, pickle ball and basketball courts, and more.

Sold mostly furnished- main level fully furnished including 3 bedrooms, kitchen and family room plus lower level game room. Perfect for use as a primary residence, second home (just lock & leave) or nightly rental.

Located within minutes of all the Ogden Valley has to offer: 10 Minutes to Powder Mountain, and Pineview reservoir, 25 minutes to Snowbasin. 20 minutes to Ogden and 45 minutes to Salt Lake International Airport.

 

Market Update For September 2019

September 2019 was another strong month for the real estate market in the Ogden Valley, Mountain Green, and Ogden Bench areas.  There were significant increases in properties on the market, properties sold, median sales price and median price per square foot in a number of the markets listed below, and the few statistics in that were down were down only slightly.

As an example, in the Ogden Valley, single-family homes on the market are up, while the median sales price jumped from $581,000 to $610,000 and the median price per sq. ft. moved up to $186.00.  Townhouses and condominiums in the Ogden Valley jumped almost $20.00 per sq. ft. to $228.00 and single-family homes in the Mountain Green area jumped $36.00 per sq. ft. to $168.00.

These are significant increases, and signal an already strong market is getting stronger.  A good time to sell, and buyers should think about moving before prices rise even further.

MARKET UPDATE – THROUGH SEPTEMBER 2019

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           77                   10                     50                         $610,000        $186.00

MGSF         36                    10                    33                         $405,000         $168.00

OBSF          101                   44                    17                         $243,000         $127.00

OVC/T        12                      6                      13                         $320,000        $228.00

   

MARKET UPDATE – THROUGH AUGUST 2019

Real Estate activity remained strong in August in the Ogden Valley, Mountain Green, and Ogden Bench areas.  For both singe family homes and condos/townhomes – prices, price per sq. ft., and units listed and sold continued the upward trend that has held for some months now.  But there are still deals to be had – if buyer’s do their research.

MARKET UPDATE – THROUGH AUGUST 2019

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           70                   15                     78                         $581,000       $183.00

MGSF         28                      5                     52                         $548,000        $132.00

OBSF          90                    47                     17                         $250,000        $116.00

OVC/T        12                      3                        5                         $340,000       $206.00

   

JUST LISTED…and JULY 2019 MARKET UPDATE

Just Listed – 1918 Big Sky Drive

thumbnail

Click here for more information

Build your mountain retreat on this quiet lane in Big Sky Estates. Mature trees and seasonal stream compliment the breathtaking mountain and valley views from this lot. Nearby, find all the amenities that Ogden Valley has to offer: Skiing at Snowbasin, Powder Mountain and Nordic Valley, hiking and biking nearby trails, and fishing, boating and water sports on Pineview reservoir. Located a short 15-minute drive to Ogden, 50 minutes to Salt Lake City

5605 E Sundance Circle

.thumbnail 3

 

thumbnail (2)

Click here for more information

Build on one of the most spectacular view lots in the Wasatch Range…..and look out on stunning vistas that include Snowbasin Ski Resort, Powder Mountain, Ogden Valley and Pineview Reservoir. Located at the highest point on Old Snowbasin Road, this generous 3 acre lot offers privacy from your neighbor. Water and power are stubbed to this development of only 4 homesites. Minutes from Snowbasin and Powder Mountain and only 50 minutes to Salt Lake City International Airport. This development borders U.S. Forest Service land.

MARKET UPDATE – THROUGH JULY 2019

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           74                   10                     163                         $558,000       $174.00

MGSF         33                      9                     38                         $400,000        $133.00

OBSF          86                     62                    14                         $262,000        $123.00

OVC/T        12                      3                        61                         $335,000       $232.00