Logan, Utah Real Estate Year in Review
Overall 2008 was a strong year for real estate in Logan, Utah. Total there were 474 homes sold. Prices ranged from $10,000 for a 2 bed 1 bath home with 980 square feet to $675,000 for a 4 bedroom 4 bath home with 5348 sq. feet. The Median sell price was $155,000 with the average being $160,662. For the year the average number of days on the market for sold homes was 68 days. The last few months have been a bit longer, but overall not bad.
Currently there are 212 homes on the market with 30 under contract. Winter in always slower for homes sells in Cache Valley, but I would suspect that if interest rates stay low, by spring things will began to pick up and 2009 will be another great year for real estate in Logan.
To search the Utah MLS or to see all the homes for sale in Logan visit my web site, UThomelist.com
Johnnie Rosser
RE/MAX Excel
435-760-0639
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