Housing Market Update for Salt Lake County

The most recent update from the Utah MLS shows prices in August were only about 2% higher than last year and more houses are selling this year too. Houses are taking a little longer (about 3 days) to sell than they were last year. The market is much more balanced than it has been in the last few years. Buyers are getting a bit of a breather. These are all positives for our residential real estate market in the Salt Lake Valley. If you are getting ready to buy or sell your next home, click below to reach out, and let’s get started!