RealTrends Market Report

Utah, UT

Single-Family Homes

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Utah, UT

Mon Jan 27 2025
This week the median list price for Utah, UT is $653,314 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 7,291. Click here to stay informed with the Utah market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Utah, UT

Mon Jan 27 2025
This week the median list price for Utah, UT is $653,314 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 7,291. Click here to stay informed with the Utah market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Utah market.
Median List Price $653,314
Median Price of New Listings $609,500
Per Square Foot $244
Average Days on Market 112
Median Days on Market 84
Price Decreased 32%
Price Increased 5%
Relisted 10%
Inventory 7,291
Median Rent
Market Action 37
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,595,000 4,664 0.25 - 0.5 acre 5 4 7 131 114 105
$767,662 3,485 0.25 - 0.5 acre 4 3 5 114 174 84
$575,000 2,608 8,000 - 10,000 sqft 4 2.5 8 156 233 77
$420,000 1,737 6,500 - 8,000 sqft 3 2 43 174 236 70