Utah Real Estate Market Conditions

During July, Weber County Real Estate sales were down by more than 19% compared with last year, and were even down 9.47% from last month. Sales prices in Weber County was also down by 5.36% compared with July of last year. There are currently 2261 Homes for sale in Weber County Utah. Including Ogden Real Estate, North Ogden Real Estate, Roy Ut Real Estate, Pleasant View Real Estate, Farr West Real Estate, Harrisville Real Estate, Riverdale Real Estate, West Haven Real Estate, and the other communities in Weber County.

At the pace homes sold during July, Weber County has more than eight months of of active inventory.

Real Estate sales along the Wasatch Front from Davis County to Provo appear to be on the rise. Real Estate in Ogden, Box Elder County, and Cache Valley on the other hand look like they still have some work to do. It's still a buyers market here, and looks like it will continue to be for the rest of this year.

The deceiving thing is that Real Estate in Northern Utah never really boomed, and it also never really crashed. Real Estate for the Cache Valley, Brigham City and most of the Ogden Valley markets had above average increases, and now above average decreases. The real estate market this decade has been like a giant ocean with a rippling wave effect. Here in Northern Utah, we have only had little ripples.

For July, home sales in Cache County have were at their lowest level for July since 2003. The good news is that the number of homes on the market has decreased. There are currently 833 residential homes for sale in Cache Valley. At July's home sales pace, Cache Valley has nearly nine months of real estate inventory.

For more details visit the Logan Real Estate Market Conditions Blog