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
MARKET UPDATE – June 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 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.
