Home and Land Overview
The Preserve showed meaningfully higher activity in 2025 than 2024, driven by both resales and new construction completions. In 2025, closed home sales in The Preserve ranged from the mid-$700,000s to just over $1.6M. In 2024, most sales stayed below $1.4M. Typical pricing moved higher, reflecting a greater share of newer and larger homes delivered during the year.
Average days on market increased, with several homes requiring 60–90 days to secure buyers, while well-priced properties still moved quickly. Most sales closed close to original list price, though price adjustments were common on homes that initially overshot buyer expectations. Land sales remained limited, with very few lots selling in either year and prices holding in the low- to mid-$200,000s.
Available homes at year end remained low relative to demand, translating to several months of inventory and a market that still favors patient sellers over buyers.
Neighborhood Build-Out and Demand
The Preserve is nearing later stages of build-out, with fewer remaining vacant lots and greater emphasis on completed homes. Buyers showed a clear preference for move-in-ready properties, while custom builds continued at a measured pace. Cash purchases remained prevalent at the upper end of the market, though financed buyers were active across most price points.
Ogden Valley Market Context
Across Ogden Valley, 2025 posted slightly firmer pricing with more activity than 2024. Median $/SF rose from $352 to $356. Closed sales increased from 117 to 138, while new listings inched up from 230 to 236.
Average days on market moved from 57 to 68, showing buyers took longer to commit. Median sold price eased from $1,140,000 to $1,111,000, driven more by the mix of homes sold than broad price softening.
2026 Predictions
The National Association of Realtors projects improved housing activity in 2026, with existing home sales rising about 14% and new construction up roughly 3%. Median home prices are forecast to increase approximately 4%, while mortgage rates are expected to hover near 6% throughout the year.
This outlook generally aligns with Ogden Valley, where limited inventory continues to support pricing despite selective buyers.
Let's Run the Numbers
Curious how your home in the Preserve compares to recent sales—or what today’s buyers would likely pay? Reach out to Adam Stuart for a pricing snapshot using the most relevant comps, current inventory, and a strategy tailored to your timeline.
