Cache County Land Sales Improved! Just 5 Years of Real Estate Inventory
There is some improved news for Land Owners in Cache Valley, 2010 land sales are up 33% compared to the first six months of last year.So far there has been 48 land parcels sold in Cache County this year. 17 of these were residential lots less than half an acre. The median price of these residential lots was $56,000 and the average sales price was $53,517. There are 11 plots of land under contract right now. While Cache Valley land sales are improved, it still has a long way to go to before the Logan real estate market is balanced and land owners can expect their properties to sell for what they want, and in a timely manner.
Yeah, the land real estate market in Cache County is still greatly struggling. Sarcasm aside, land prices are still going to come down a long ways for those sellers who wish to actually sell.