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2014-11-05 15:00:54
Average Home Price in Logan Utah

AVERAGE HOME PRICE IN LOGAN, UTAH

Do you want to know what the average selling price of a Logan Utah Home? This great graph will show you the average selling price of Logan Utah homes each quarter from 2007 to 2014. The average price is normally higher in the 2nd and 3rd quarter and lower in the 1st and 4th. It's Cache Valley. Who wants to move in the winter? :)

1st quarter: January, February and March

2nd quarter: April, May and June

3rd quarter: July, August, and September

4th quarter: October, November, and December

This Graph also shows the total number of homes sold in the same quarter. Notice how the number of homes sold and the average selling price of Logan Utah homes follow the same trend very closely.

 

As you can see from this report, the average home price in Logan Utah was at its peak at the end of 2007 into 2008. Then just like everywhere else the average selling price of Logan Utah homes dropped. The very bottom of the market was in the 1st quarter of 2012 when the average selling price of a Logan Utah home was $129,000. There has been a trending increase in average home price in Logan Utah for the past 2.5 years. The 3rd quarter of 2014 showed and Average selling price of a Logan Utah home to be $165,000. That is within a few thousand dollars of the peak in 2007 when the average home price was $169,000. If this trend continues 2015 will see the average selling price of homes in Logan Utah at its highest levels ever.

Now might be the best time to buy a home as the average price of homes in Logan Utah looks like it will continue to rise.

If you would like more information about the average selling price of Logan Utah homes today, or in the past, just email me. I'm happy to send you the information you need. Please put Average Home Price in Logan Utah or Average Selling Price of Logan Utah Homes in your subject line. Thank you.

Johnnie Rosser
RE/MAX West
435-760-0639
jrosser@remax.net
 
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