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Rough Start for 2012 Logan Real Estate
| From : loganrealestate.blogspot.com
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As I ran the monthly sales stats this morning I was shocked at just how low the monthly home sales were for Logan Real Estate during January. Over the last few months, things looked like the real estate market had really turned a corner. It looked as if the days of super low monthly home sales were behind us. Unless January was a statistical aberration, I was wrong. January tied for the single lowest monthly home sales in the last decade. There were just 39 residential homes that sold in... Read Full Story
| From : loganrealestate.blogspot.com
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Things are looking bright for the future of Logan Utah Real Estate . It was the best December for home sales in four years and real estate inventory is at its lowest point since March of 2008. It really looks like we have seen the worst of the housing market crash and things are really starting to rebound. December Home Sales As recorded on the Utah MLS last month, 69 Cache County Homes sold. This is up 4.35% from last month, and 5.8% from December of a year ago. Under Contract Listings Right... Read Full Story
| From : loganrealestate.blogspot.com
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The number of homes for sale in Logan Utah continue to drop. Right now there ore only 617 listings on the MLS. Real Estate Inventory hasn't been this low since April of 2008. While real estate inventory is down, so are home prices. During November the average sales price was just $157,299 with a median at $149,650. The list price of the Cache County homes for sale has also declined substantially. The current median price of homes for sale in Cache Valley is $172,900. The Average price per... Read Full Story
| From : loganrealestate.blogspot.com
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The number of homes for sale in Logan Utah is at its lowest level since April of 2008. That was at the height of the real estate boom for Cache Valley when homes prices were rapidly appreciating. It is typical for real estate inventory to decline during the fall and winter months, but inventory hasn't been this low in years. This is great news for people who currently own Logan Real Estate and is a sign that home values should start stabilizing. As you can see in the chart below, while... Read Full Story
| From : loganrealestate.blogspot.com
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Home sales during September in Cache County were pretty impressive. September was the second best month of the year for total home sales. On an annual basis, they were up 32.18% compared with September of last year, as 87 residential homes sold. This marks the fourth straight month that year over year home sales are up. October looks like it will also be a fairly strong month for home sales. There are 141 homes under contract right now, last year at this time there were just 99. At last... Read Full Story
| From : loganrealestate.blogspot.com
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Logan Home Sales in August were substantially better than they were during July. There was nearly a 32% increase of home sales as 97 residential homes sold. Home sales were also up by nearly 30% from August of a year ago when just 68 Cache County homes sold. August homes sales were up, and it appears as if they will continue to increase in the near future. Currently Cache County has 155 homes under contract. At this time a month ago there were 140 pending sales. This is the highest month of... Read Full Story
| From : loganrealestate.blogspot.com
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What Happened?
July home sales looked really good. It looked like things for Logan Real Estate had started to turn around, it appeared as if home sales would actually pick up, but they didn't. Were people just too busy to buy during July, just coincidence, or is it an indication of lack of confidence in the economy? Historically July is one of the top 3 months for home sales in Cache County.
July was a very poor month for home sales in Cache Valley. There were only 66 homes that actually... Read Full Story
| From : loganrealestate.blogspot.com
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The monthly home sales numbers for Logan Utah Real Estate during June the best they've been in over a year. As reported from the MLS, 109 residential homes in Cache County have sold. This is the highest single month of home sales since May of 2010 when 114 residential homes sold. Unfortunately, it looks like this increased home sales trend might not last for too long. Normally, July, August, and September are the best months of the year for number of home sales. Right now there are less homes... Read Full Story
| From : loganrealestate.blogspot.com
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We are seeing more positive signs for the Logan Real Estate Market, the number of homes for sale, the active inventory is down from levels in June of last year as well as June of 2009. There are currently 802 homes for sale in Cache County Utah . At this time a year ago there were 839 MLS listed properties. The reduced number of homes for sale is one indicator that we have seen a bottom in the market, and that things are starting to improve. This doesn't necessarily mean that home prices wont... Read Full Story
| From : loganrealestate.blogspot.com
Not yet published.
After a fairly strong March , April home sales in Cache County were really pretty dismal. They were down 15% compared with last month, and 32% from April home sales of a year ago. Last year April home sales were higher than normal as result of the Home Buying Tax Credits. The good news is that May home sales should be much improved. There are now 148 homes under contract. If 70% of these under contract homes close during May, that will represent more than 100 home sales. Logan Real Estate... Read Full Story

