July Market Update | More Inventory, Strong Demand & Rising Prices
As we move through the heart of the summer selling season, our local real estate market continues to find a healthy balance. June brought an increase in available inventory across nearly every market, giving buyers more choices while demand remained strong enough to support rising home values. Well-priced homes continue to attract buyers, although many are taking a bit more time to make purchasing decisions.
Here’s a look at what happened in June:
Ogden Valley
The Ogden Valley single-family market had one of its strongest months of the year. Closed sales doubled from May, while the median sales price climbed to $1.37 million. Although inventory increased slightly, buyer demand remained strong, particularly for quality homes in desirable locations. Homes are still averaging about 91 days on market, reinforcing that today’s buyers are thoughtful and selective, but they are still making moves.
The condo market, on the other hand, saw only one sale during June. Because of the extremely low number of transactions, the reported median sales price and price per square foot were skewed by the sale of a luxury property and should not be viewed as a broader reflection of the condo market.
Mt. Green
Mt. Green continues to gain momentum. Sales more than doubled compared to May, and the median sales price jumped to $850,000. Inventory remains relatively limited, and while homes are taking a little longer to sell, demand remains healthy for well-priced properties.
Ogden Bench
The Ogden Bench saw a noticeable increase in available homes, creating more opportunities for buyers. Even with additional inventory and slightly fewer sales, the median sales price increased more than 13% over May, demonstrating continued confidence in the market.
North Ogden
North Ogden remains one of our most stable markets. Sales activity stayed strong, home prices continued to edge higher, and homes averaged just 40 days on market. The combination of steady demand and growing inventory continues to create a balanced environment for both buyers and sellers.
What This Means
The market is transitioning into a more balanced environment. Buyers have more options than they did earlier this year, but demand remains healthy enough to support continued price appreciation in most markets. Sellers who price their homes strategically and present them well are still seeing excellent results, while buyers are benefiting from increased selection and a little more time to make informed decisions.
If you’re curious about what these trends mean for your home’s value—or if you’re considering buying or selling this year—I’d be happy to provide a personalized market analysis and discuss your options.
As always, thank you for trusting me to be your local real estate resource. If you have any questions about the market or would like to talk about your real estate goals, I’m just a phone call or email away.








