July’s statistics tell an important story: the market isn’t moving uniformly.
Three things stand out:
1. Buyers are still active.
Sales increased in Ogden Bench and North Ogden, while Ogden Valley and Mt. Green remained relatively active despite modest declines in transactions.
2. Homes are moving faster in several markets.
DOM improved dramatically in Ogden Valley, and also declined in Ogden Bench and North Ogden. This is a positive signal for sellers with well-priced properties.
3. Median price needs context.
The sharp declines in median price in Ogden Valley and Ogden Bench should be interpreted carefully. In both markets, price per square foot actually increased. Monthly median prices can fluctuate significantly based on the particular properties that close during that month.
The July market message:
More inventory is giving buyers choices, but demand remains strong for well-priced, desirable properties. Sellers are no longer able to rely solely on market appreciation to drive a sale; pricing and presentation matter. At the same time, buyers have more opportunities to negotiate and take their time evaluating properties.
For Ogden Valley in particular, I would characterize the current market as active but selective. The 40-day DOM in July compared with 91 days in June is a very encouraging indicator that buyers are responding when the right property is priced appropriately.
Bottom line: July does not look like a weakening market—it looks more like a normalizing market where pricing strategy, property quality, and buyer demand are becoming increasingly important.








