Ogden, Utah - Real Estate Market Report

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Real Estate Agent with RE/MAX Masters 5486604-AB00

Ogden, Utah – Real Estate Market Report

As we come down to the final quarter of the year 2010, I wanted to post some numbers for the last 120 days. The Ogden, Utah area is still running at about a 15 month supply of homes on the market with 593 homes currently listed for sale, and about 61 homes closing each month. The available inventory has increased over the last 12 months, from about 10 months supply to what it is now. I believe part of the difference was a small blip encouraged by the TAX CREDIT earlier in the year.

 

Here's a snapshot of how it looks right now:

Homes On The Market

Homes on the Market :593

Price ranges: $13,900 to $990,000

Median Price: $124,900

Homes Under Contract: 109

Homes Selling per month: 61

 

Last 120 days (Homes That SOLD)

Homes Sold; 310

Price Ranges $24,900 to $570,000

Median Price $115,000

With interest rates at an all time low! and lots of homes available, this is certainly a great time to buy, both for those desiring a home to live in and for those who are looking to invest! If either of these are of interest to you, you can find out more about specific homes and opportunities at my website, or you can always call me too :)

It’s a great day for real estate! Gary

www.getutah.com

 

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Gary S. Thompson

Broker Associate, Realtor, CRS, SRS, SFR, e-Pro
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