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

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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

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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

   

JUST LISTED!! SNOWBASIN MOUNTAIN RETREAT

946 Meadowlark

Huntsville Mountain Retreat

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Perched on a spacious cul-de-sac lot overlooking Pineview reservoir, this mountain retreat boasts abundant room for family or guests, with two large family rooms, 4 bedrooms (3 with en-suite baths), 5 total baths, 2 kitchens, and a bonus/bunk room. After a day of skiing Utah’s fresh powder, relax in the sauna or by one of two fireplaces. An expansive wrap-around deck and covered patio featuring a built in gas barbecue/outdoor kitchen, and gas fire pit area provide a seamless space for indoor/outdoor entertaining.

 

Perfectly situated in the heart of all the recreation Ogden Valley has to offer. Hiking and biking out your door, steps to Pineview reservoir, 10 minutes to Wolf Creek golf course, 10 Minutes to Snowbasin, 20 minutes to Powder Mountain.

JUST LISTED! PINEVIEW VIEW LOT

Whispering Pines

4949 Whispering Pines Lane, Eden

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Build your dream home or second home on this elevated view lot overlooking Pineview reservoir. Conveniently located in the desirable development of The Reserve at Crimson Ridge- the community features a clubhouse and pool overlooking Pineview reservoir. 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 10-minute drive to Ogden, 45 minutes to Salt Lake City. Lot is ready to build- all utilities stubbed to lot. Purchase price also includes a set of custom home building plans specific to this site. Also, a geologic soil reconnaissance study has been completed on this lot.

 

MARKET UPDATE JUNE 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           80                   10                      17                         $551,000       $174.00

MGSF         24                    16                     43                         $390,000      $142.00

OBSF          83                     61                     18                         $240,000      $121.00

OVC/T        12                      7                        3                          $340,000      $207.00

   

 

Another Glorious Alpine Summer is Underway

After a cool and wet spring (there’s still snow on the upper peaks at Snowbasin)…summer and all its’ splendors, activities and recreational opportunities is in full bloom in the Ogden Valley.  The Valley floor and hillsides are so green it looks like the Swiss Alps, but enough snow has melted for the numerous high altitude hiking and biking trails to open.  There’s boating, water skiing, wake boarding, surfing and fishing on Pineview Reservoir, golf at Wolf Creek, as well as tennis and pickleball.  Art and music festivals, the Balloon Fest, weekly music at Wolf Creek and Eden Center.  Elite level national and international competitions – Spartan Race, Tour of Utah, Xterra, Huntsville Marathon.  And always gorgeous, bright sunny days and crisp, cool nights…and stunning views!

Winter and the spectacular skiing, boarding and snowmobiling gets much of the press…but come visit this spectacularly beautiful valley, sample the extraordinary lifestyle the residents enjoy, and you may never want to leave.

Stepping out of the Valley, the 2nd annual Troubeliever Fest, founded by Valley residents Monty Powell and Anna Wilson, will be held July 12/13 at the Ogden Amphitheater.  The singer/songwriter format is unique among major festivals…and promises an evening and full day of dynamic, passionate performances by accomplished songwriters and musicians – playing their own music!

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There seems to always be something exciting to experience or see during summer in the Valley…but it’s also the ultimate setting to do nothing…just relax!

 

 

February 2019 Market Update

Market Update- February 2019

February real estate sales statistics for the Ogden Valley, Mountain Green, and Ogden Bench depict a market that is still strong in both the single family and condo sectors, with inventories remaining relatively low.

The greatest strength is in Ogden Valley/single family homes, under $500,000, with properties being snapped up within a few days of listing, and multiple offers in many cases.  There is also some strengthening in the Valley’s $1,000,000 plus homes, and median sales price jumped to $247,000 for single family homes on the Ogden Bench.

The snow and ski season has been extraordinary, with record skier days recorded at Snowbasin.  Many new visitors have been introduced to the Ogden, Ogden Valley, and Mountain Green areas.  It will be interesting to watch the market after the ski season ends…to see how many of these visitors return to look at property after getting a glimpse of the stunning beauty, exemplary lifestyle and myriad opportunities this area offers.

January 2019 Market Update

Market Stats January 2019

Following the traditional slow-down in residential real estate during the last few months of the year, January statistics show some upward movement in a couple of markets within the Ogden/Ogden Valley area.

Condominiums and Townhomes in the Ogden Valley showed a median sales price increase of 75%+, from $280.000 to $478,000.  This is too large a jump to hold at that level, but it continues an upward trend.  Median days on the market in this category also dropped dramatically, from 120 days to 23.

Single family home sales on the Ogden Bench showed a $20.00 per square foot increase on average, while the median days on the market dropped by 25%.

Inventory is still low in the Ogden Valley and Mountain Green areas, which continues to exert upward pressure on prices.

Snowbasin announced today (2/6/19) that the resort will be a partner with Vail’s Epic Pass for the 2019/2020 season, which will bring additional promotion and publicity to the Ogden Valley and Ogden areas, and could result in more potential property buyers.

 

New to Market: 6294 Fairview Drive Cottonwoods, Mountain Green

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(CLICK ABOVE PHOTO FOR PROPERTY DETAILS)

Fairview Drive Masterpiece

The combination of exquisite design, top quality construction and luxurious appointments unite to create this masterpiece! From the moment you enter, you will be awestruck by the floor to ceiling windows in the stairway, shiplap, crown molding, custom built-ins and high tray ceilings throughout the main level. The seamless flow from the family room to the kitchen provides abundant entertaining space for guests and family. The well-appointed kitchen boasts an Aga Elise professional range, separate refrigerator and freezer, a generous pantry, and Bespoke custom cabinetry all anchored by a Callacutta Vagli marble 9’ island. The great room flows to the large covered back porch where you are sure to enjoy the serenity of the private covered deck and yard that opens to nature and a mountain backdrop. Retreat to your private master suite with its own fireplace and sitting area, generous floor to ceiling windows, and built in bookcase. One ensuite guest bedroom located on the main and an additional ensuite bedroom on the lower level are complimented by two additional bedrooms on the lower level. The spacious family room in the lower level takes center stage and is complimented by a home theater and wet bar. This home must be seen to be appreciated! Minutes to Snowbasin ski resort, less than an hour to Park City and Salt Lake International Airport.6294 Fairview Drive Morgan UT-small-002-78-6294FairviewDrive002-666x444-72dpi

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Market Update December 2018

Market Update December 2018

Comparing sales figures for November, 2018 and December 2018, in the Ogden Valley, Mountain Green and Ogden Bench areas, both condominiums and single family homes, the overall trend is fairly steady and continues  upward.

The biggest move in median square foot price was for single family homes in the Ogden Valley, which jumped from $154.00 to $180.00.  Median sales price in the Valley for the same market also went from $522,000.00 to $591,000.00.  The largest increase in median sales price was for single family homes was in the Mountain Green area, which rose from $371,000.00 to $485,000.00.

Inventory in all three areas, single family and condominiums, is still relatively low, which is exerting upward pressure on prices.  It’s still a great time to buy, particularly if the prices keep trending up.