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Alan Barker - Utah Homes

October was a Good Month for Logan Real Estate

October was a good month for real estate in Logan Utah, the third best month of the year to be exact. For Cache County as a whole, we broke triple digits for the number of homes sold. Home sales were up by 10% compared with last month, and up by more than 6% compared with October of last year.

From an analysis of the home sales statistics, it is obvious that a good number of the home buyers during October were first time home buyers who wanted to take advantage of the $8,000 first time buyer tax credit that was scheduled to expire at the end of the month. First time buyers generally by the smaller, less expensive Logan Homes. During the month we saw, the lowest average sold price in years, as well as the smallest average square footage per homes in over six years.

Average Square Footage per homes sold in Cache County

It's still a great time to buy Logan Utah Real Estate, so contact a Cornerstone Real Estate Professional today.

Have a Vacant Home You're Trying to Sell? Consider Home Tending

Yesterday at our weekly office meeting we had representatives of Prestige Home Tending come tell us about their services. This caught me as a great idea, something that can be very valuable for people who have already relocated and are still trying to sell, as well as for people who want really cheap rent for really nice homes.

Right now there are thousands of vacant homes in Utah, especially of the more expensive variety. Vacant Homes sell slower, get more low ball offers, are more suseptible to vandalism, and can be substantially more expensive to insure.

One solution to overcoming vacant home syndrome is to get people to live in them. With Prestige Home Tending this costs the sellers nothing, but gives them a lived in, professionally staged home, and someone to take care of it.

Here are some of the things having home tenders does:

  • It makes the home alive.
  • Saves them money on:
  • Utilities
  • Lawn care
  • Snow shoveling
  • Lower home owners insurance. A non occupied home insurance averages 6 times more than an occupied home.
  • Less chance of vandalism
  • Catch problems before they become a crisis, such as water line breaks or damages.
  • Enhances curb appeal


Prestige home tending makes sure they get qualified, responsible tenders. To qualify as home tender, applicants must pass furniture checks, ensuring that their furniture is professional enough to accomplish staging purposes, as well as background checks. The home tending companies also perform random weekly checks to make sure the home is always in tip top condition and ready for home showings at a moments notice. Home tenders are employees and will move the people out if there are any problems.

The owners of Prestige Home Tending also own a moving company, Smooth Movers, and will provide moving services for the home tenders. Prestige home tending is currently available for Cache Valley Homes, Brigham City Homes, Weber County Homes, and Davis County Utah Homes.

Cache County Real Estate Comparison for the Third Quarter

For the first half of the year, Cache Valley Real Estate sales were down compared with 2008. During the third quarter, they were also down, but less down. Sounds a bit like the national unemployment statistics. The third quarter is traditionally has the highest volume of real estate sales in Cache Valley.

Well during the third quarter of this year, Cache Valley Ut Home Sales were down 5.65%. 317 Cache County Homes sold compared with 336 during the same period last year. Home sales during the second quarter were down by 12.5% and during the first quarter were down 14.09%, so we are seeing improvement.

Third Quarter Cache Valley Utah Real Estate prices were also down compared with July-August of last year. The median sold price of Homes in Cache County was $166,727, down 3.63% from last years Q3 median sales price of $173,000. The average sold price of $187,075 was down 3.5% compared with last year. While the year over year Q3 comparison was down, both the median and average home prices were actually up compared with the second quarter of this year. Prices for Logan Utah Real Estate may have already bottomed out.

More Starter Homes Selling in Logan

Summer is the busiest time for real estate sales in Cache Valley. From June 1st through the end of August 2009 home sales were almost identical to home sales numbers in 2008. The difference, is in the type of homes that sold. The average sold price for Cache Valley Homes in 2009 was down 6.28%. The median home sold price was down 4.52%. This doesn't necessarily mean that home values are down this much, what this shows us is that the lower priced homes are the ones selling. I broke home sales down into four categories typical for Cache County Homes. These are generalizations, and just categories put together by price. Homes less than $120,000, I considered Low End Homes. Homes for Sale between $120,001-and $180,000 are Starter Homes, $180,001-$250,000 are Moderate Homes, $250,000-$400,000 are classified as High End Homes, and Homes above $250,000 I classified as Luxury Homes.
This year home sales of the "Low End" and "Starter Homes" were up by about 10%. Many of these home sales can be attributed to the $8,000 first time home buyer tax credit. Home Sales for All other price ranges was down. Only 3% of the homes that sold during the summer were "Luxury Homes," however, nearly 12% of the active Logan Home Listings are in the Luxury Home price range. This represents a huge surplus in the Luxury inventory. Click Here if you want to see the pie charts showing the differences.

July Weber County Home Sales Sluggish

During July, Weber County Real Estate sales were down by more than 19% compared with last year, and were even down 9.47% from last month. Sales prices in Weber County was also down by 5.36% compared with July of last year. Weber County Monthly Home Sale Totals July 2009 There are currently 2261 Homes for sale in Weber County Utah. Including Ogden Real Estate, North Ogden Real Estate, Roy Ut Real Estate, Pleasant View Real Estate, Farr West Real Estate, Harrisville Real Estate, Riverdale Real Estate, West Haven Real Estate, and the other communities in Weber County.

At the pace homes sold during July, Weber County has more than eight months of of active inventory.