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.

New to Market- Huntsville/ Snowbasin Mountain Modern Gem

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Nestled on a hillside overlooking Ogden Valley, this newly constructed mountain modern gem is ready for you to make your own. Relax by the fire as you watch magnificent sunsets above the peaks of Snowbasin illuminate the surface of Pineview Reservoir. Dramatic artwork is provided via stunning mountain and lake views through the vast floor to ceiling windows. Bosch appliances, quartz countertops and porcelain tile compliment the exquisite, minimalist, contemporary detail of this mountain home.8893 Pineview Dr Huntsville UT-small-003-3-8893PineviewDr 003-666x445-72dpi

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November 2018 Market Update

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The markets for both single family homes and condos continued to trend up in the Ogden Valley in November, with median sales price and median price per sq. ft. both on the rise.

The single family home market in the adjacent Mountain Green and Ogden Bench areas trended slightly down in November, in total volume, median sales price and price per sq. ft.

For more detailed, comparative statistical information for real estate markets in all or Utah’s ski resort areas, go to Utah Ski Country .  Or call Lisa Karam at 801 791-8801.

Troubeliever Fest at Snowbasin a Huge Hit



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A day of electrifying, passionate performances of iconic songs by the artists who wrote them thrilled a wildly cheering crowd at the inaugural Troubeliever Fest at Snowbasin, August 3rd and 4th.  From early afternoon until midnight on Saturday, a non-stop parade of the music industry’s highly acclaimed, much-awarded writers sang and played their versions of their work, and the quality of the experience sets an exceedingly high bar for other concerts to match.

From the melodic beauty of country, folk, and crossover hits, to the hair-raising power of classic rock anthems, the variety of the music was as breathtaking as the quality.  Troubeliever Fest provided an authentic feast for fans of the many genres and eras showcased at this groundbreaking singer-songwriter event.

The Acoustic Café kicked off the music Friday evening inside Earl’s Lodge, where a standing room-only crowd listened to local artists and favorites Viviena & Leisina and the Tim Daniels Band.  Monty Powell and Anna Wilson, the founders of TroubelieverFest, Huntsville residents, and multiple award-winning singer-songwriters and performers, joined the artists on stage, and a jam session quickly broke out.  Featured artists Sammy Brue, Middleman/Burr, and Billy Dean joined in.  “Magical” was the comment most heard as the audience filed out.

Shortly after noon on Saturday, Billy Dean, a Grammy winner with Song-of-the-Year and Best-Vocalist awards, took the outdoor stage to kick off the day and evening lineup.  In addition to performing, Dean was the event’s master of ceremonies.  According to Powel, “If you want one guy, one voice, one guitar, Billy is the best you’ll ever see.”  The audience seemed to agree.

Teenage phenom and prodigy Sammy Brue, an Ogden resident, followed Dean, and with his band had the audience on their feet in appreciation of his exceptional talent, songs and energetic performance. Next up was Middleman/Burr, a husband-wife duo, with legendary, hall-of-fame careers as songwriters, and authors of many #1 hits.  They complimented the power and poignancy of their lyrics and melodies with stellar voices, harmonies and guitar prowess.  Again, the crowd loved it.

Powell and Wilson, the festival’s founders, along with their band Troubador77, played an inspiring set that showcased their considerable songwriting, vocal, and instrumental talents.  Powell has twelve #1 hits, Grammy awards, a Golden Globe nomination and Songwriter-of -the-Year and Song-of-the-Year credentials, and Wilson wrote the theme song for Habitat for Humanity, the festival’s charitable partner.  She also wrote many of the songs they performed, including I’ve Got a Gun and Open Home, works that meld dynamic, haunting instrumentation with powerful, deeply meaningful lyrics for our troubled times.

A jumbotron next to the stage and a skilled camera operator showcased the artists as they performed, with frequent close-ups focused on their instrumental mastery.

Shawn Colvin has been credited for singlehandedly bringing back the folk genre of music in the 1990s, and she gave stirring renditions of her complex, socially conscious lyrics set to a lovely style of guitar accompaniment.  If Billy Dean is the best male, single voice and a guitar, she may hold the honor for a female.

Following Colvin to the stage was David Pack’s Legends Live.  As the guitars and drums exploded in the first bars of their opening number, many in the crowd rushed to the front of the stage, and for the next hour, responded to the electrifying performances as if they had been transported back to Woodstock.  These were iconic, scintillating, hair-raising anthems, from the heydays of classic rock, performed by the famous artists who wrote them.  John Elephante belted out “Dust in the Wind” from Kansas, Richard Page, from Mister, Mister and more recently Ringo Starr’s All-Star Band, performed “Broken Wings,” and David Pack, founder and lead singer of Ambrosia, displayed his signature voice and guitar skills on his own songs, as well as a rousing cover of Pinball Wizard. And then there was Jim Peterik, founder, songwriter and lead singer of Ides of March and Survivor.  He arrived on stage in Edwardian dress, with purple hair, a huge, purple electric guitar sculpted into a flame, and a top hat. His strong, driving vocals, dramatic guitar licks and stage antics on Vehicle and Eye of the Tiger drove the audience into a frenzy.  The band and backup singers were world class, on fire.  Peterik was dazzling.  This was a classic rock experience at its best.  One to savor.

The evening’s final performances, by Rodney Crowell and the legendary Emmylou Harris, went on for over two hours.  Crowell came out first and performed a selection of his many hits.  His smooth baritone and guitar were complimented by an award-winning fiddle player and a young acoustic guitar prodigy who had the older pros and performers, now in the audience, shaking their heads in awe.Emmylou small

Emmylou Harris was Emmylou Harris – the soaring, crystal clear, other-worldly voice becoming more energized and dynamic as her set evolved.  She remarked more than once, “I really like this singer-songwriter festival.  I get to sing my own songs.”  Crowell joined her back on stage, and their smiles and enthusiasm gave away the fun they were having.  The audience was deeply appreciative, raucous in their response to her music, and although her performance had gone well past its’ allotted time, she rewarded them with two encores.  A fitting finale to a landmark event in the Utah, and perhaps national, music scene.drummer small

Standing in front of the stage with her Mom as the crew began the break down, local resident Heather Marvel summed it up.  “That was awesome, amazing, the best ever! Anybody who wasn’t here really messed up.”







Real Estate Prices Rising Fast in Ogden Valley


After years of stagnant prices, or small increases followed quickly by small decreases, the trend in recent months is indicative of a significant rise in Valley real estate prices.

In September 2017, the average price of residences that sold, both single family homes and condominiums, was $127.00 per square foot.  Through the first half of May 2018, that average has climbed to $170.00 per square ft.  The trend is consistent enough to indicate a major upward price hike.

If you are a seller, it is the best time in recent memory to put your property on the market, as prior to this recent upward trend , prices had remained stubbornly low relative to other markets (think Park City and Salt Lake City) and the highs Ogden Valley real estate reached more than a decade ago.

If you are a buyer, it may be your last chance to purchase a property before prices climb even higher.  There is no way to predict which way the market will move in the future, but with current prices still very reasonable compared to other resort areas – it would seem at least an even bet that prices will continue to climb.

Please call me, Lisa Karam, at 801 510-8220, if you would like additional information on real estate opportunities in the Ogden Valley area, or  recent sales and pricing dynamics.





Golf Season Open at Wolf Creek, Ogden Valley

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Golf season in the Ogden Valley  is underway at Wolf Creek.  The snow has melted, the magnificent golf course is open and lush, and the new clubhouse will open in June.

A grill, member’s lounge, pro shop, and large patio adjacent to the eighteenth green – will offer all the amenities, and opportunities to relax and enjoy the Valley’s legendary ambience, before or after you golf.  Or if you just drop by.

Every round played in the spectacular Ogden Valley turns out to be memorable.  Stunning views of the peaks of Snowbasin and Pineview resevoir, fun and challenging holes, and extremely reasonable pricing.  If you haven’t experienced golf in our Valley – you need to.

Call 801 745-3737 for more information on the course, the club, and T times.

Snowbasin Resort Announces Davy Ratchford as New General Manager


Snowbasin Resort announced the appointment of Davy Ratchford as its new General Manager, effective May 2018. Ratchford will succeed retiring General Manager, John Loomis.

Ratchford was the Senior Director of Marketing and Strategic Alliance at Park City Mountain and was previously the Director of Marketing at Vail Mountain in Colorado and Northstar Resort in California. Throughout his seasoned career, Ratchford has specialized in driving business results, elevating the guest experience, and cultivating community engagement. Born and raised in Dublin, Ireland, Ratchford attended the University of Utah and is an avid skier with a strong passion for the snow sports industry. He resides in the Park City area with his wife and four children.

“I am excited for the opportunity to build on what John has done for Snowbasin,” says Ratchford. “To align with the vision of this incredible resort, work with amazing talent and industry leaders while helping deliver the best ski experience for our loyal guests is a dream come true. Snowbasin is an amazing mountain with a staff that cares deeply about its guests. I am committed to its success and will do my very best to deliver on the promise of this legendary mountain.”

“I am pleased to welcome Davy Ratchford as the new General Manager for Snowbasin Resort,” said John Loomis, retiring GM, “I had the pleasure of working with Davy in California and know his leadership skills and business development knowledge will be tremendous assets in the increasingly competitive marketplace. Davy and our talented resort leadership are well poised to deliver Snowbasin’s superior guest experience while maintaining its distinctive charm and unique character.”

“We are fortunate to have enjoyed John Loomis’ leadership and talents for the last six years, said Bruce Fery, CEO of Grand America Hotels & Resorts.  “With an illustrious career spanning Alta, Snowbird, Northstar, and Snowbasin, John’s contributions to the industry are evident. With the readers of SKI Magazine citing the property for its excellence in Service, Dining, and Lifts, John leaves Snowbasin in excellent condition, positioned and able to realize a bright future for the resort and its guests,” continued Fery.

Eden Equestrian Estate in the foothills below Powder Mountain

3048 North Wolf Creek Drive, Eden, Utah

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Nestled in the foothills below Powder Mountain ski resort and Wolf Creek Golf Course, this stunning horse property features over 7 acres of manicured grounds, an 11,000 s.f. barn and indoor arena.3048 N Wolf Creek Drive Eden-large-016-41-3048NWolfCreekDrive49-1500x999-72dpi
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Inside boasts a spacious living room with vaulted ceilings and massive rock fireplace that opens up into a generous gourmet kitchen with ample seating for 8 at the kitchen bar. Granite counter tops, high end appliances and a generous pantry compliment the kitchen. Exquisite features throughout include heated floors, home theater, 4 gas fireplaces, formal dining and living areas, a generous master suite with bay window and fireplace. Additional living areas include a private suite upstairs and single level apartment on the lower level with private entrance.

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Enjoy outdoor entertaining on the generous patio with a built in BBQ grill, pizza oven and fire pit. Conveniently located amidst all the activities Ogden Valley has to offer: in winter, Powder Mountain, Snowbasin and Nordic Valley ski resorts, and cross country skiing. Warm weather pursuits include   Wolf Creek 18 hole golf course, alpine trails for hiking and trail riding, biking, boating and fishing on Pineview Reservoir. Only 13 miles from Ogden Airport, 45 minutes to Salt Lake International.


Powder Mountain Ski-in / Ski-out Contemporary Masterpiece

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Just listed this rare ski-in-ski-out home at Powder Mountain. If you are looking for a ski-in-ski-out option at Powder Mountain and don’t want to pay the 800+ sq. ft. prices Summit Powder Mountain is asking, check out this beauty!  Located just 1.5 miles from the heart of the new Summit Powder Mountain Village. 3 Bedroom 3 ½ bath, no attention to detail was overlooked, from the solid walnut hardwood floors to the 1 ¾ solid core doors, 2 car heated garage, energy efficient features including passive solar, LED lighting and low water use fixtures. Offered at $1,549,000

(Click on above photos for more details or click HERE )