North Ogden,
Utah Condo Market
Annual Report: 2009
| Median Condo Price
(Sold) |
$113,500 |
| Average Condo Price
(Sold) |
$111,148 |
| Low Condo Price
(Sold) |
$89,200 |
| High Condo Price
(Sold) |
$123,000 |
| Number of Condos Sold |
12 |
| Average Days on Market Until Sold |
88 |
________________________________________________________
|
Demand
|
North Ogden, Utah condo
demand is down
significantly in 2009.
Only 12 condos sold
this past year,
averaging one condo
sold each month. It
took an average of
88 days to sell a
condo listed on the
market. |
|
Supply
|
North Ogden has 19
condos currently
listed on the
market, representing
a 19 month supply. |
|
Price
|
Condo sold prices in North Ogden
have decreased
slightly.
The average
condo price
sold is $111,148.
The margin between
the highest sold
price of $123,000
and the lowest sold
price is only
$33,800. |
|
Conclusion
|
The North Ogden, UT
condo market has
declined
significantly,
however prices have
decreased only
slightly. Buyer's
can expect some
great bargains on
North Ogden condos
since supply is very
high and prices are
low. |
Source:
Wasatch Front Regional
Multiple Listing Service and
condosUtah.com.
Figures are deemed reliable
but not guaranteed.
2007-2008 North Ogden Condo
Trends
________________________________________________________
Search for North Ogden Condos
Barry J. Preusz,
REALTOR®, Downtown Salt Lake City Condo Specialist,
Equity Real Estate,
7090 Union Park Center, Midvale Utah, 84047
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.com
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