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Ogden UT Real Estate Update

By
Real Estate Broker/Owner with Novak Advantage Real Estate UT DRE# 5459481-PB00
* Only 19% of the current single family home MLS listings are under contract
* 8% of those listings under contract are "short sales"
* At least 36% of the listings under contract are vacant
* The median price of the listings under contract is $123,500
* The median price of active listings is $139,900
* There is an 13.3% disparity between what sellers want to sell their homes for and what buyers are ready, willing and able to pay for a home

Ogden Market Summary Report - Under Contract Listings Ogden Market Summary Report - Active Listings

Source: Wasatch Front Regional Multiple Listing Service

Posted by

Kim Novak is the Broker/Owner of Novak Advantage Real Estate. She can be reached by call/text/FaceTime at (801) 726-1443 and by email to kim@novakadvantage.com.

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Nov 30, 2011 10:04 PM
#1