When comparing Upper Ogden Valley single family home sales transactions for the first two quarters of 2010 vs the same period in 2009, it appears our local market is continuing to form a baseline and may be starting to show signs of life and appreciation after many challenging quarters.
Below are statistics pulled from the Wasatch Front MLS comparing volume, price and price per square foot data for single family home transactions for the first half of 2009 and 2010. Sales volume improved from 16 to 35 untis (+119%) and average cost/square foot increased from $98.29 to $109.82 (+12%). The inventory of homes currently listed remains high, however.
Please feel free to contact me for more information.
John Allaire
Prudential Utah Real Estate - Eden
John@RockyMountainHomes.net
RockyMountainHomes.net
801-745-2619
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