It’s Spring in the Ogden Valley

Valley- MayAs we are little more than a month away from the Summer Solstice, after a  cold and moderately wet April and early May, Spring has finally arrived in the Valley.  The hills are greening up to match the Valley floor, flowers are blooming everywhere, and Pineview Reservoir’s level is up (although still low).  The remaining snow on the peaks and upper elevations of Snowbasin complete the picture-postcard views of the stunning, idyllic beauty of our little slice of heaven.

The summer season is fast approaching, and there are questions to be answered related to the lasting effects of the pandemic.  Will the crowds return to the Valley this year as they did last summer as  Covid restrictions continue to be rolled back?  During the height of the crisis, the pent-up urge to get outside and recreate played a big factor, as did many family’s decision to vacation locally rather than risk flying or travelling long distances.  And of course many countries that are popular destinations were completely off-limits.  Due to this year’s low snow levels and drought conditions, the level of Pineview may remain well below normal, and this could impact the amount of boat traffic, which was extremely high last summer.

The good news – as the vaccination rate continues to rise, hospitalization and death rates decrease, and people begin to feel much safer that they did last summer, something approaching the “new normal” should make for a great summer!

Lisa’s Market Update – May 2021

The real estate market in the Ogden Valley, Mountain Green, and Ogden Bench remained strong through April, but for the first time in months a few selected statistics remained static or saw slight decreases.  At the same time, other categories showed significant increases consistent with an overall upward trend.

Single family home price per sq. ft. for properties sold in the Ogden Valley dropped from $293.00 in March to $271.00, but the median sales price jumped to $880,000 from $739,000.  18 properties were sold, compared to 7 in March.  There were 3 active listings of condo and town homes in the Valley in April, down from 6 in March, while the price per sq. ft. went up to $293.00 from $257.00.  Lack of inventory is still a major factor in the strong seller’s market.

In the Mountain Green area, the median price of single family homes sold in April increased to $848,000 from $540,000, and days on the market dropped dramatically from 80 to 4.

Along the Ogden Bench, price per sq. ft. remained constant at $169.00, as did days on the market at 5, while the median price of single family homes sold inched up slightly to $325.000 from $318,000.

MARKET UPDATE – April 2021 Real Estate Statistics

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          20                      18                       30                    $880,000       $271.00

MGSF          3                        6                         4                      $848,000       $199.00

OBSF          21                      43                        5                       $325,000       $169.00

OVC/T         3                        9                       12                       $453,000      $293.00

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

Just Listed- 6378 East Quail Lane, Huntsville

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6378 East Quail Lane, Huntsville 84317

In the heart of the magnificent beauty of the idyllic Ogden Valley, looking over Pineview Reservoir and just below Snowbasin Ski Resort, this stunning 5 bedroom/4 bath home comes substantially furnished and hosts a unique array of highlights throughout.

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After a day on the slopes, hiking or biking on trails just outside your door, boating or a round of golf…relax in the sauna, beside any of the three fireplaces, or on the large deck or patio.  All the gear and equipment you’ll use for the amazing recreational opportunities in the Valley can be stored in 3 large ceiling-attached shelving units in the 3 car garage.

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The home also showcases a world-class recording studio/media room designed and built by award-winning Carl Tatz Designs.  Constructed to be a sonically flawless listening room with a completely isolated acoustic environment for multiple audio media pursuits, the space is currently being used as a professional recording studio. Repurposed, you will have the ultimate zoom tele-conferencing facility for a podcast, internet radio station, home schooling, home office, or simply the best sound / acoustics in a theater room west of the Mississippi.

Don’t miss this opportunity to experience all the renowned “Ogden Valley Lifestyle” has to offer.