Utah County Market Stats

Utah County Market Stats

How We Got To These High Home Prices

Here’s what’s happening in the real estate market across the country according to the National Association of Realtors. Home prices will continue to rise but at a slower rate, at least slower than they have risen the past couple of years. Don’t expect a crash because more buyers than sellers are in the market. We […]
Utah County Market Stats

Utah County Real Estate Market Sees Fluctuations in Prices and Time on Market, Reflecting Dynamic Trends for Buyers and Sellers

We’re almost through with February, but looking back to January, the average list price of a Utah County single-family home hit $692,633.99. That’s a 4.9 percent increase from December’s $660,243.25 according to the Wasatch Front Multiple Listing System. In January 2023 the average list price was $696,504, showing a decrease of half a point year […]
Utah County Market Stats

Market shows shifting dynamics and need for strategy

In the dynamic landscape of Utah County’s real estate market, the past month has unfolded a narrative of shifting dynamics and strategic negotiations. Between Nov. 22 and December 22, 2023, the average Utah County single-family home sold for $643,000, down 3 percent, according to the Wasatch Front Multiple Listing System. However, the average list price […]
Utah County Market Stats

Interest rates drop home sales

Based on a three-month average, single-family home sales in Utah County have dropped by 86 percent as of October 2022 with just 82 sales, resulting from dramatic interest rate increases. The average sales price now sits at $671,000, down 2 percent from the previous three-month period. The median list price sits at $625,000, according to […]