Logan Utah Real Estate Market Conditions: Logan Real Estate Inventory at Lowest Level Since April of 2008

The number of homes for sale in Logan Utah is at its lowest level since April of 2008. That was
at the height of the real estate boom for Cache Valley when homes prices were rapidly appreciating. It is typical for real estate inventory to decline during the fall and winter months, but inventory hasn't been this low in years. This is great news for people who currently own Logan Real Estate and is a sign that home values should start stabilizing.




As you can see in the chart below, while inventory at the front of the year was at its highest January level ever, it is now well below November levels at any time during the last four years.

While the reduced real estate inventory in Cache County is good news for homeowners, overall home sales also continue improving.

These inventory levels are great news. Notice how the current November levels are much lower than even November of 2008. The trend has definitely been turned around and the real estate market is headed in a positive direction now.