Local Market Updates-Utah & SLC Counties
I get asked the question about everyday what's going on with the Utah housing market? Is now a good time to sell or buy?
So I wanted to give the actual market numbers for Utah and Salt Lake Counties. If you want information on other counties please let me know and I can get it for you.
Click here to see the Salt Lake County Market Update (as of the latest numbers of December 2015)
Click here to see the Utah County Market Update (again as of December 2015)
So overall in both counties new home listings and inventory are down from 2014. So right now there is a shortage of homes for sale essentially so it's a sellers market. If you want to sale your home fast now is the time. As you can see from the Average Days on the Market is down significantly from 2014 (54 days to 44 days or a 18.5% decrease in the time to sale a home in SLC County). Median and average home prices continue to increase among all types of residential homes (single family and town homes/condos), as well as most price ranges.
I wanted to mostly show this information and how the actual numbers for 2015 compared to 2014. Read my other articles about what economists are expecting for 2016. Utah has a great housing market outlook!
Blog Archive2019-04-05 09:15:09
Spring Home Maintenance Checklist
20 Tips For Preparing Your House For Sale This Spring
7 Things To Avoid After Applying for a Mortgage!
3 Reasons Why We Are Not Heading Toward Another Housing Crash
Is the Recent Dip in Interest Rates Here to Stay?
5 Things to Keep in Mind When Buying Land
7 Things You Didn't Know About Radon
Gigantic Difference Between 2008 and 2018
5 Things to Consider Before Starting a Master Bath Remodel
Top 4 Home Renovations for Max Return
5 Better House Painting Hacks
4 Reasons Why Today's Housing Market is NOT 2006
May is the Best Month to Sell Your Home
Best Financial Advice When Saving to Buy a Home!
Is Mortgage Debt Out of Control?
Rising Home Prices Help Build Your Family's Wealth
The COST of Your Next Home Will Be LESS Than Your Parent's Home
Declutter to Improve Your Home's Marketability
Home Safety Tips
Gamer Home Upgrades
7 Things to get Rid of Right Now
Saving Money for a House
Small Home Improvement Projects
Tips for Buying a Home in Spring
Click here to see ALL articles.