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' drop more, in fact they likely still will, prices almost always lag behind home sales.

For some more positive real estate news, home sales were improved last month compared with April, and the number of homes currently under contract is up from a month ago. May saw 86 residential homes sale, up from just 66 in April. Right now there are 151 under contract properties, up from 148 a month ago. This indicates that June sales will be improved over May.

The Logan Real Estate market really is showing some signs of improvement. This is good to finally see.