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3 consecutive months of home sales gain for South Ogden

by ivan3411 on May 18th, 2010

New home sales in April for South Ogden UT Real Estate shot up 19.05 percent, and the third straight month that sales were above over the year ago, as home buyers rushed last month to take advantage of the federal tax-credit that actually also ends up last month.

April was another month of year-over-year gain for both home sales and home sales price. Last month a total of 21 units sold in the entire are of South Ogden that represents an up in sales by 19.05 percent compared with the same month last year that sold 17 units, but down 25 percent from 28 homes in March. Real Estate South Ogden Utah home sales reached its peak on April 2007 with 29 homes disposed, and bottomed in January of this year with just homes sold in total.

The other good thing last month was the unexpected skyrocket of home sales price at $205,000, median was up 37.07 percent over the last year from $134,500, and up 16.44 percent compared to the month prior to April from $139,900. South Ogden Utah Real Estate recorded the its highest median on December 2009 at $223,500, and hit the lowest median level at $103,000 on Feruary last year.

Median sold price per square-foot at the end of April for South Ogden Utah Real Estate was $79.39, up 4.58 percent in a year-over-year basis and same with March median price per square-foot. A total of 147 active homes were in the market in April with 27 pending homes/under contract.

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