Ogden, UT - Local Housing Data - Summary

Change location:

Region

State

City

Ogden, Clearfield, UT

You have successfully subscribed to the local housing data e-newsletter for .

If you wish to receive monthly updates for other market areas please subscribe to new markets using our expanded form.

 
 
 
 
Unlock charts and graphs!

Once registered, see a dozen additional charts on 366 cities around the US.

 
Enlarge

Ogden, UT Local News

Freshest Numbers Show Prices of New Homes Rise in Ogden, Sales Decline

Posted on: Aug 08, 2014 11:40:15 AM

In May, the Ogden, UT market saw a drop year-over-year in new home closings, but the percentage drop was not as steep as April 2014, giving suggestion that the market may be leveling out. Closings sank 7.4% from a year earlier to 100. This came after a 19.4% fall year-over-year in April.

A total of 1,194 new homes were sold during the 12 months that ended in May, down from 1,202 for the year that ended in April.

Out of all housing closings, new home closings represented 8.6%. They accounted for 8.8% of closings a year earlier. Following a year-over-year decline in April, closings of new and existing homes also declined year-over-year in May.

Pricing and Mortgage Trends

Average price of newly sold homes saw a 2.8% bump year-over-year in May to $316,283 per unit. This boost is smaller than the 8.6% gain in April year-over-year.

Average mortgage size on new homes saw a drop year-over-year in contrast to prices of new homes. In May 2014, the average mortgage size on newly sold homes saw a 4.0% fall from a year earlier. Average mortgage size increased 1.6% in April 2014 from a year earlier.

 
 
 

Change location:

Region

State

City

 
 

Join the Discussion

Please read our Content Guidelines before posting.