Lisa’s Market Update – October 2021

Mixed Messages from September Sales Statistics – a Few Up, a Few Down

Real Estate sales statistics for September in the Ogden Valley, Mountain Green, and the Ogden Bench areas reflect the August statistics -some meaningful numbers still rising, while others fell.  Two months does not constitute a trend, but it’s worth noting that from late spring 2020 until August 2021, there very few breaks in the rise in median sales price and median price per sq.ft., nor the decline in days on the market.

In the Ogden Valley, median sales price of single family homes dropped from $739,000 in August to $697,000 in September, while the median price per sq. ft. declined to $263.00 from $312.00.  But the price per sq. ft. of condos and townhomes sold in the Valley jumped from $346.00 to $356.00.

Along the Ogden Bench, median price per sq. ft. for single family homes sold was $193.00, up from $185.00 in August, while median days on the market remained low at 8.

Mountain Green single family home sales showed a decrease in median price per sq. ft., from $208.00 in August to $177.00 in September.

Check out all the relevant sales statistics below, and tune in next month to see if variations continue in what has been an ever-escalating sellers’ market over the past year and a half.

MARKET UPDATE – September 2021 Real Estate Statistics

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          22                      15                       46                      $697,000       $263.00

MGSF          7                         6                       22                      $638,000       $177.00

OBSF          39                      52                        8                       $365,000       $193.00

OVC/T         3                         5                         8                     $510,000        $356.00

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