Active Properties Vs. Under Contract Vs. Sold June 4th, 2010
The numbers show 6.13 months worth of inventory on the market in Logan. This means if no other condo or townhomes came on the market, it would take 6.13 months to sell all of the inventory available.
Absorption rate says 8.00 homes are sold every month, up from 6.33 last month. So, out of the total 46 condos and townhomes on the market, your home has to be in the top 8.00 to be sold in this market. Inventory is down from 9 months last month to 6.13 this month. The Logan Condo market is one of the strongest markets in Cache Valley.