Home sales in Weber County were substantially down during October. Compared with 2007, home sales were down by 25%. Only 221 residential properties were sold in all of Weber County including Ogden, North Ogden, Roy, South Ogden, Farr West, Harrisville, Pleasant View, West Haven, Washington Terrace, Slaterville, Hooper, Riverdale, Eden, Plain City, Uintah, and Liberty Utah.
Although sales are down, average home prices have remained stable. The average sold price in October was $189,353 and the median price was about $166,000.
Current inventory of existing homes on the market has dropped slightly, but the ratio of active listings to homes sold the previous month is at the lowest point all year. At Octobers home sales pace, Weber County has 10.7 months of housing inventory.