Logan Utah Real Estate Market Conditions: Logan Inventory, and Home Prices are Down
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 square foot of Cache County Homes has dropped to $72.4 per square foot.
Inventory is looking low, and looking good for Logan Utah Real Estate. If the trends continue, the best time to buy for the sake of low home prices will probably be within the next six months.