Home Sales Graphs for Cache County

Here are a few graphs I threw together to that compare Cache County Home sales numbers and prices over the last few years. Home sales are clearly down from last year, but the average prices are pretty comparable, and are still noticeably higher than 2006 home sales numbers.

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TAGS: cache county, home sales graphs

Cornerstone Real Estate Professionals

Great evidence to explain why so many agents and sellers are using Cornerstone Real Estate. Also, try typing in terms like "Homes for Sale in Logan Utah," "Cache Valley Homes," "Smithfield Utah Real Estate" or even "Logan Utah Open Houses" .... You'll find Cornerstone all over the search engines. We understands that buyers today use the internet to gain relevant real estate related knowledge. In order to help our clients, we have placed our focus on the medium that consumers are actually using today. 

Via Kaleb Kunz:

Type in 'Logan Utah Real Estate' into Google or any other search engine and look carefully over the sites.....5 of the top 10, including the top spot, are Cornerstone Real Estate websites.  Our company is developing into the PREMIER technologically advanced Real Estate Company in Cache County, Utah.

As one of the youngest brokerages in Logan, Cornerstone has already established itself as one of the top professional, agressive and productive brokerages in the valley.  In it's first 10 months of business it has already closed over 100 transactions and has more than tripled in size. 

As a consumer what does this mean to you?  Buyers, you are tapping into a circle of very hard working professionals who have extensive training in the home buying process.  You also have the most extensive internet home search service in Cache Valley.

Sellers, the marketing provided by Cornerstone Real Estate Professionls is above and beyond any company in the valley.  Your home will not just be listed on the MLS and print advertising distributed in Logan and surrounding areas....your home will be shown on over 50 National and Local websites!  Besides the marketing, we are trained to walk through the home buying process with minimal complication.

Please give us a chance to serve you.....contact Kaleb Kunz at 435-760-1466 or visit my website to start you home search at www.kalebkunz.com

Thanks!

 

 

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End of 3rd Quarter Market Update For Cache County

 

Kaleb is right. It is a great buyers market. Lots of selection for Cache Valley Real Estate.

 

Via Kaleb Kunz:

As of the end of the 3rd Quarter there were 765 homes listed on the Multiple Listing Service.  The average list price was $256,951.  The average market time has been 101 days. Last year at the end of the 3rd Quarter there were 748 listings with an average price of $251,390.  The average market time last year was 91 days.

So far in 2008 there have been 874 homes sell with an average sales price of $191,834 and an average Days on Market time of 72 days. We are averaging about 95 sold homes per month meaning that if no more new listings came on the market we would have enough inventory for 8 months.  

It seems to be heading to a pretty good buyers market here in Cache County.....time to get out and pick up some good property!

 

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Preforeclosure/ Short Sale Home in Logan

This house is in pre-foreclosure status and must sell quickly. It is in great shape,and the short sale has all ready been approved.
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TAGS: preforeclosure, short sale, home for sale, logan utah

Open House Saturday September 25 1-3:00

There will be an Open House in Logan for this home this Saturday between 1:00 and 3:00. Contact Toni Dorigatti 881-3587 for more details.
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TAGS: open house

Logan Leads Utah in Appreciation

It's nice not to see negative numbers. The advantages of not having ridiculously rapid appreciation.

Via Kaleb Kunz:

Logan currently leads the state of Utah in Real Estate Appreciation at 3.67%.  That may not seem like a huge percentage but it is very strong for the down market the Nation is seeing.  Meanwhile there are areas in CA that are seeing up to 34% DEPRECIATION.  In Stockton, CA there 1 in 25 homes are in foreclosure compared to 1 in 226 in the state of Utah.

Cache Valley has only had 420 default notices out of 24,000 single family residences.  The valley also has a lower average price per home than the rest of the state.  Currently we are around $180,000 compared to $249,000 in Salt Lake County.

Logan is still a very affordable place to buy a home and, although down a little from last year, is still seeing good growth in home values.

If you need to search for any listings in Logan or surrounding areas, visit Logan Utah Real Estate

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New Logan Listing 2 Story Home in Great Shape

This two story Logan home has only been lived in for a year. It has two toned paint and ceiling fans in nearly every room. The floorplan is fantastic with a formal living room, two family rooms, 4 bedrooms, and two and a half bathrooms. See more pictures of this Logan Utah Home for Sale.
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TAGS: home for sale, logan utah

Nibley Utah Real Estate Market Snap-shot

It looks like the booming Nibley Utah real estate market has slowed down. There are currently 72 MLS homes for sale in Nibley. In the last year, only 74 listings sold. If home sales continue at the pace they've been for the last year, it will take almost a full year to sell all the existing housing inventory if no new properties were listed.

The fact is, in a town like Nibley there will only be more listings.  The other dilema is that the price of the active listings is more than the price of the homes that have sold. The current active median list price is $237k the median sold price was $204k.

Nibley is a nice area, and there are many nice homes for sale. The only problem is that there are too many of them. It's a buyers market in Nibley and there is a good chance you can get quite the deal by buying from a motivated seller.

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TAGS: nibley, logan utah real estate

August Home Sales Numbers Struggle

After looking at August home sales numbers, it looks like the Cache County real estate market won't fully correct this year. August home sales were pretty dismal and were down 30% from last year. There is still lots of real estate inventory/competition from other sellers. In August only 100 listed residential homes sold in Cache County. This puts August sales down nearly 30% from last years numbers and down 37% from 2006 August sales numbers. Many of the high end homes are slashing prices and are starting to sell. This has raised the median and average sales price. Overall prices are not up, but August had the highest ever average sales price at $204,730. The median sold price was $186,200 and the homes that were on the market were on for an average of 95 days. Currently there are 648 single family home listings and 740 total residential listings on the market. This number is gradually declining, but there are still too many homes for sale in Cache County.

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TAGS: cache valley, real estate outlook

Updated Listing In Mendon

This is a real neat Mendon home listing provided by Ethan Poppleton a Logan Real Estate Agent. The craftmanship is incredible and the walls are over 12 inches thick. This house has been on the market for a long time, it's been for sale by owner and by real estate agents now for nearly two years. It looks like the sellers are finally realistically doing something to help it try and sell. 

Via Ethan Poppleton:

I blogged about this home in the winter, and the contract we had on it fell through.  We just dropped the price 10k, so now is your chance.  It is just one of many Logan Utah Real Estate options right now, but the best in Mendon.  Click here to see more details on the house.

 

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