February 20, 2009
All Real Estate is Local!
No matter what the media reports as national or regional trends, people are most interested in what is happening in their local neighborhood and city. The “All Real Estate is Local” section of this blog is intended to give you local market information. If you can’t find your city or want a specific neighborhood report, please contact me directly.
Ogden, Plain City, Far West, and Harrisville Market Data as of today:
| County | Unit Sales | Avg. Price | Median Price | New Listings | Total Listings | Months of Inventory | DOM |
| Weber | 54 | $190,879 | $169,000 | 78 | 648 | 12.00 | 79 |
- Unit Sales = # of units sold in the last 30 days
- Average Price = The Average price of homes “sold” in this area
- Median Price = is the midpoint between the lowest price home and the highest price home sold in the last 30 days
- New Listings= the number of new homes listed in the last 30 days
- Total Listing = the total number of homes listed in this area currently
- Months of Inventory is based on the number of months it will take to sell current inventory based on the current sales rate. A balanced market of buyers and sellers is considered to be a number between 5 & 6. We are currently in a buyer’s market.
- DOM is the average number of days it takes to sell a home in this area.
Here is the latest market data for the five most populated counties of Northern Utah as of the end of January, 2009.
Posted By: 
Steve Randall
Tagged With:
far west harrisville,
local real estate,
national trends,
ogden,
plain city
and regional trends
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