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Utah Real Estate Trends - Weber County Homes For Sale Statistics for First Half of 2010

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Weber County Home Trends in Utah

 

 

July 6, 2010

Ogden Homes For Sale

Homes in Weber County are selling for 1% less in price so far this year than at the same time last year. Davis County  also had a low price decrease in this semi-annual study. Lower prices have resulted in 1,163 single family homes sold during the first six months of 2010, 43 more homes compared with the first six months of 2009.  The average sold price for a Weber County home was $178,492 which is nearly $63,000 less than the state average. Current homes for sale listed on the market constitute an 11 month inventory. Weber County homes that sold during the first half of the year averaged $80.09 per square foot. It is taking less than three months to sell a home that is priced with the market.

Weber County condominiums are selling for $7,000  less on average than last year. Prices for condominiums are lower than single family homes, saving buyers an average of $52,000. Weber condo prices are also significantly lower than the state average by over $76,500.  Condos are taking an average of only 7  more days to sell than single family homes.

Conclusion:  Low home prices for both single family homes and condos in Weber makes this real estate market an attractive option for the Salt Lake area. Weber home prices are nearly $100,000 less on average than neighboring Davis County. Homes for sale in the Ogden area are very attractive to buyers on a budget who do not mind commuting.

Weber County Homes For Sale Statistics for First Half of 2010

2010 Mid Year Real Estate Sales Weber County Utah Average Difference
Single Family Home Sold Price $178,492 $241,346 ($62,854)
Condo Sold Price $125,675 $202,179 ($76,504)
Active Properties Listed (6 Months) 2,322 21,872 (19,550)
Single Family Homes Sold 1,163 10,930 (9,767)
Condos Sold 60 1,056 (996)
Current Inventory (months)                   10.88               10.57             0.31
Square Feet of Homes Sold 2144 2488 (344)
Sold Price Per Square Foot $80.09 $96.90 ($16.81)
Days on Market (Single Family Home) 82 73 9
Days on Market (Condo) 89 92 (3)

 

 

More details for Utah Real Estate sales for first half of 2010.

Links to 2010 homes for sale by county: Salt Lake County, Utah County, Davis County, Summit County, Tooele County, Wasatch County, and Weber County.

 

 

Notes:
Average Days on Market = # days between listing date & contract date.
Current Inventory = # months to sell current active listings on the market.

Source: WFRMLS (This information is deemed to be reliable, however WFRMLS & RealestatehomesUtah.com do not guarantee accuracy.)

Report Date: July 6, 2010

 

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More Utah Real Estate Market Trend Reports

 
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National & Utah Real Estate Trends - April, 2007

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Utah Real Estate Trends for 2007 - June, 2007

Top Utah Home Builders - June, 2007

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South Jordan Utah Home Market Trends - August, 2007

Ten Year Real Estate Trends for Salt Lake County - September, 2007

Salt Lake County Real Estate Trends - October, 2007

Home Sales Trends in Utah - November, 2007

Utah Home Market Trends Favor Buyers - December, 2007

Utah Home Market Statistics for 2007 - January, 2008

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Federal Home Purchase Incentives - August, 2008

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Utah Ranked #1 - October, 2008
 
 
 

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 Barry J. Preusz
REALTOR | Residential Specialist

Equity Real Estate - Burgundy Canyons Group
7090 South Union Park Center, Ste 650, Salt Lake City, Utah 84047

Office: 801-993-0083


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Weber County Home For Sale Trends in Utah for the First Half of 2010 - Utah Real Estate Sales Statistics for 2010

Weber County areas include Eden, Farr West, Harrisville, Hooper, Huntsville, Liberty, North Ogden, Ogden, Plain City, Pleasant View, Riverdale, Roy, Slaterville, South Ogden, Uintah, Washington Terrace, Warren, West Haven, West Warren, West Weber, South Hooper, Kanesville, Taylor, and Wilson.

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