May Sales Stats

May real estate sales in Cache County were pretty average. The 103 residential sales was down slightly from May of 2013, but up 3.88% compared with one month ago.

The average price of homes sold was $197,049, with a median point of $185,000.

Right now 707 homes are for listed on the MLS for sale with a median list price of $187,900 and an average list price at $239,265. At May’s home sales pace, this represents 6.86 months of inventory.

June home sales numbers should be pretty similar to May’s. 182 residential properties are under contract right now, which is down slightly from one month ago.

The Logan real estate market is very neutral right now with prices staying steady and market conditions that don’t heavily favor either buyers or sellers.

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