Following a year defined by stability and balanced growth, January 2026 opened with a more selective but resilient tone in the Ogden Valley market. Seven homes sold during the month, compared to twelve in January of last year. This is a reflection of timing and the typical seasonal slowdown we expect in the first quarter, particularly given the low snowpack to date, which drives activity in the market. While unit volume moderated, pricing strength tells the more meaningful story.
January sales totaled $10.14M, with a median sale price of $1.095M — an 8.1% increase over January 2025’s median of $1.013M. The average price jumped significantly to $1.5M thanks to a $3.42M sale in Huntsville, reinforcing continued demand for premium inventory in the Valley’s most desirable areas.
Median days on market came in at 48, with an average of 75 days, indicating that serious buyers remain active and decisive when value aligns with expectations. Homes that are priced well are moving quickly, despite continued economic uncertainty. This mirrors the broader 2025 trend of thoughtful, motivated purchasers rather than urgency-driven activity.
Inventory remains balanced, with 89 active listings currently on the market, and 12 under contract, the Ogden Valley remains steady at approximately six months of supply based on last year’s absorption rate, signaling a perfectly balanced market for both buyers and sellers. This continues to support a healthy negotiation environment without downward pressure on pricing.
Overall, the takeaway is consistent with Ogden Valley’s broader trajectory: while transaction volume may ebb seasonally, pricing power and buyer confidence remain intact. This continues to be a lifestyle-driven, scarcity-supported market where quality inventory commands attention — even during the quieter winter months.
Meanwhile, the Park City market entered 2026 with a more deliberate pace but sustained pricing strength. Inventory growth restored buyer leverage and transaction counts softened year-over-year, yet average pricing remained near $3 million and high-end sales once again materially influenced monthly totals. Together, the two markets illustrate distinct dynamics within the Wasatch: Park City defined by luxury concentration, and Ogden Valley by balanced growth and relative value.
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