Lisa’s Market Update for June 2020

The real estate market in the Ogden Valley, Mountain Green and Ogden Bench areas saw some wild swings in selected aspects in June, and the majority of the movement indicates a continuing upward trend.  In other words, it’s still a seller’s market.

In the Ogden Valley, there was only 1 sale in the condo/town home category, which skewed the median numbers.  The median sales price decreased from $470,000 to $287,000, but the median price per sq. ft. increased from$182.00 to $261.00.  There were six single family homes sold in June in the Valley, offering more meaningful median prices.  The sales price increased to $620,000 from $485,000.

In the Mountain Green area, the single family median sales price jumped to $610,000 from $521,000 and the price per sq. ft. from $134.00 to $163.00.

Single family homes sold along the Ogden Bench showed an increase in median price per sq. ft. from $123.00 to $135.00.  The number of sales took a dramatic spike upward from 47 in May to 73 in June



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                     6                     168                       $620,000       $170.00

MGSF         18                     15                      49                       $610,000       $163.00

OBSF           27                    73                      10                        $248,000       $135.00

OVC/T         23                     1                       69                         $287,000      $261.00

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