Homes Sales in South Ogden rise from October 2010

South Ogden Utah real estate market home sales rose almost 12 percent in October from the same month the prior year, but median sold price plummet for the second month in a row by seven percent in year-over-year comparison.

The MLS data and Utah Association of Realtors reports shows that a total of 17 new and resale South Ogden Utah homes were sold in the area, up from the year ago sales of 15 and went ahead over September’s sales of just 14.

The median price buyers paid for the homes sold last month was $130,000, dropped seven percent from $140,000 in October 2010, but saw an increase of 16.77 percent over September’s median of $108,200. The median last month was below 36.59 percent from the area’s peak of $205,000 in April 2010.

The association reports 18 under contact properties in October, up 33.33 percent from the year earlier. Number of active homes for sale in South Ogden Utah last month totaled at 143.