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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.