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Logan Utah Quarterly Real Estate Statistics-10/28/2010

Posted by Lisa Udy on Thursday, October 28th, 2010 at 11:38am.

Logan Utah Quarterly  Residential Housing Report

Quarterly Comparison Average Days On Market

Over the last two years the average days on market in Logan have steadily risen. If you are planning on selling your home you will have a much longer “on the market” time than you would have in 2008. This is good news for buyers though. With the increase of days on market you should have lots of inventory to choose from.

Quarterly Comparison Average Sold Price

The average third quarter sold price is down about 5% from 2008 numbers. This means you are getting more house for your money in today’s Logan Utah housing market

Quarterly Comparison Total Residential Sales

Total number of third quarter sold properties is down about 35% from total sold third quarter properties in 2008.

Quarterly Comparison Average Price per Square Foot

The average price per square foot peeked in the second quarter of 2008. It has since decreased about 9% from then to the third quarter of 2010. Let’s look at the numbers and how they are affecting the kind of home you can get today.

At $89 a square foot you would pay $222,500 for a 2,500 Sq. FT home (2,500 x $89 =$222,500.)

At $81 a square foot you would pay $202,500 for a 2,500 Sq. FT home (2,500 x $81 =$202,500.)

In essence you are getting the same home for $20,000 less than you would in the second quarter of 2008.

For more information on the Logan Utah real estate market please contact us.

All information from the WFR MLS.

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Min $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Max $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 $2,250,000 $2,500,000 $2,750,000 $3,000,000 $3,250,000 $3,500,000 $3,750,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 $7,500,000 $8,000,000 $8,500,000 $9,000,000 $9,500,000 $10,000,000

Min $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 $5,500 $6,000 $6,500 $7,000 $7,500 $8,000 $8,500 $9,000 $9,500 $10,000

Max $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 $5,500 $6,000 $6,500 $7,000 $7,500 $8,000 $8,500 $9,000 $9,500 $10,000

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