Author Archives: Teresa Larson

About Teresa Larson

Over 20 years real estate experience in the greater Salt Lake City, Utah area. Licensed as an Associate Real Estate Broker in Utah since 2006. Attended ERA Real Estate Top Gun Academy, Certified New Home Specialist. Numerous years of various real estate continuing education. Associates Degree in Business from Salt Lake Community College 2014, Certificate of Proficiency in Web and Graphic Design from Salt Lake Community College 2013. Served the community for 16 years. (1984-2000) as PTA President at Arcadia Elementary, PTA President at Bonneville Junior High, PTA board member for 8 years at Oquirrh Hills, Arcadia Elementary and Bonneville Junior High. Room mother for 12 years! Graduated from Clearfield High School. Currently working at Village Real Estate in Murray, Utah. servicing the greater Salt Lake City, Utah area. Focusing on Salt Lake and Davis counties.

Market Action Index

 

Salt Lake County

Wed Dec 04 2024
This week the median list price for Salt Lake County, UT is $694,000 with the market action index hovering around 42. This is less than last month’s market action index of 43. Inventory has held steady at or around 1,583.

There hasn’t been much change in our Salt Lake County Market activity since  our last post in November.  Salt Lake county is a  good indicator for the Wasatch Front area, although the Davis, Tooele, Utah and Weber Counties do have slightly different stats.  These are areas we service. Overall it looks like median list price is about the same as it was at this time last year.  It is also interesting to note that according to market information from Altos Research, and the Salt Lake Board of Realtors The median list price was higher in  April, May and June both this year and last year. This reflects a more traditional real estate market for our area.  which is more of a seasonal market.  You also could reason that now would be a good time to buy because pricing may be lower than in the spring. If your thinking of selling  you might be getting less than if you sold in the spring! This is based on current market activity.

Sources:  Realtime data from Altos research reprinted / posted with permission from Ashley Collier / The Mortgage Maven. [email protected]
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