June Home sales for Cache Valley were very positive, they showed year over year increases from 2008. Unfortunately, (or fortunately depending on if you're on the buying side of real estate transactions). July didn't show the same results.
July year over year home sales in Cache Valley were down by about 25%.
Cache Valley Real Estate values have also declined. The average price of homes sold during July was $181,135, down 5.77% from last year. The median sold price was $170,500, which is actually the highest single month median this year, but still substantially lower than home sales prices in 2008.
The Logan Real Estate market may not have bottomed out yet, and it will likely remain a buyers market here until atleast next summer.
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Thinking Of Selling Your House This Spring?
The winter months are always the slowest time of year for real estate sales, especially in areas that are cold.
For Logan Utah Real Estate, it's still the dead of winter, there is...
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