Month: February 2021

 

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5753 East Elkhorn Drive, Eden

Located 10 minutes to Powder Mountain, with stunning views of Snowbasin, the peaks of the Wasatch mountains, located in Wolf Creek, Ogden Valley, this home has an open floor plan, spacious rooms, large windows, high ceilings, and plenty of light.  After a day of skiing Utah’s powder, relax in your in-home sauna, or curl up with a hot beverage in your home theatre and re-live your ski day videos or binge-watch your favorite show. Each guest or family member can retire to one of the six bedrooms – each with its own en-suite bath. The low-maintenance xeriscape landscaping will afford you the time to partake of world class snow skiing, golfing, boating, hiking, biking, fishing and all the recreational opportunities found in Ogden Valley.

Located only minutes from Snowbasin and Powder Mountain ski resorts and Pineview Reservoir, less than a half mile to the 1^st tee, at Wolf Creek golf course and only an hour from SLC International airport.  The” Ogden Valley lifestyle” is renowned – this is a unique opportunity to own and experience it!

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With a continuing, strong, upward trend through January in local real estate sales statistics, it’s becoming a good bet that underlying market dynamics are strong and might well continue.  The current,  powerful seller’s market could be with us for some time.

Covid has caused great interest in owning property in less congested areas, and the fact many folks can now work remotely makes the decision to buy easier than ever.  Although many in the workforce are seriously hurting as a result of the Covid-inspired recession, it is also true that those still working in high paying jobs or with selected investments, have done well financially over the past twelve months.  The latter group are the primary buyers of resort real estate.

Properties sold in the Ogden Valley once more showed some dramatic increases in January.  Media sales price for single family homes jumped from $790,000 to $932,000, and median price per sq. ft. increased from $239.00 to $248.00.  Sales of condo and townhomes in the Valley increased to 13 units from 8, and median sales price was $423,000, up from $261,000.  Single family homes median sales price in the Mountain Green area jumped to $870,000 from $700,000 and price per sq. ft. increased to $238.00 from $171.00.  Median sales price for single family home along the Ogden Bench was $305,000, up from $290,000, and median price per sq. ft. $159.00, up from $157.00.

MARKET UPDATE – January 2021

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          24                    11                      179                       $932,000       $248.00

MGSF          3                       2                       39                        $870,000       $238.00

OBSF          11                     33                         8                        $305,000       $159.00

OVC/T         5                     13                          3                       $423,000        $263.00

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