January 2019 Market Update

Market Stats January 2019

Following the traditional slow-down in residential real estate during the last few months of the year, January statistics show some upward movement in a couple of markets within the Ogden/Ogden Valley area.

Condominiums and Townhomes in the Ogden Valley showed a median sales price increase of 75%+, from $280.000 to $478,000.  This is too large a jump to hold at that level, but it continues an upward trend.  Median days on the market in this category also dropped dramatically, from 120 days to 23.

Single family home sales on the Ogden Bench showed a $20.00 per square foot increase on average, while the median days on the market dropped by 25%.

Inventory is still low in the Ogden Valley and Mountain Green areas, which continues to exert upward pressure on prices.

Snowbasin announced today (2/6/19) that the resort will be a partner with Vail’s Epic Pass for the 2019/2020 season, which will bring additional promotion and publicity to the Ogden Valley and Ogden areas, and could result in more potential property buyers.


New to Market: 6294 Fairview Drive Cottonwoods, Mountain Green

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Fairview Drive Masterpiece

The combination of exquisite design, top quality construction and luxurious appointments unite to create this masterpiece! From the moment you enter, you will be awestruck by the floor to ceiling windows in the stairway, shiplap, crown molding, custom built-ins and high tray ceilings throughout the main level. The seamless flow from the family room to the kitchen provides abundant entertaining space for guests and family. The well-appointed kitchen boasts an Aga Elise professional range, separate refrigerator and freezer, a generous pantry, and Bespoke custom cabinetry all anchored by a Callacutta Vagli marble 9’ island. The great room flows to the large covered back porch where you are sure to enjoy the serenity of the private covered deck and yard that opens to nature and a mountain backdrop. Retreat to your private master suite with its own fireplace and sitting area, generous floor to ceiling windows, and built in bookcase. One ensuite guest bedroom located on the main and an additional ensuite bedroom on the lower level are complimented by two additional bedrooms on the lower level. The spacious family room in the lower level takes center stage and is complimented by a home theater and wet bar. This home must be seen to be appreciated! Minutes to Snowbasin ski resort, less than an hour to Park City and Salt Lake International Airport.6294 Fairview Drive Morgan UT-small-002-78-6294FairviewDrive002-666x444-72dpi

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