Logan Utah Realtor, Robert Brown, talks about the strong buyer’s market that still exists in Cache Valley. Experts say when a real estate market shows 5-6 months worth on inventory it is a balanced market. Based on the last 6 months of all Cache Valley home sales there are 9.9 months worth of inventory. If we just look at homes less than $200,000 the absorption rate drops to 7.5 months and Cache Valley homes over $200,000 show a 17 month absorption rate. If you have any more questions about the Cache Valley and Logan Utah real estate market email Robert@UtahCornerstone.com or visit www.LoganUtahRealtor.com.
