RealTrends Market Report

Utah, UT

Single-Family Homes

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Utah, UT

Sun Dec 10 2023
This week the median list price for Utah, UT is $643,558 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 6,808. 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

Sun Dec 10 2023
This week the median list price for Utah, UT is $643,558 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 6,808. 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 $643,558
Median Price of New Listings $544,500
Per Square Foot $238
Average Days on Market 102
Median Days on Market 70
Price Decreased 43%
Price Increased 3%
Relisted 7%
Inventory 6,808
Median Rent
Market Action 38
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
$1,566,000 4,663 0.5 - 1 acre 5 3.5 10 52 178 98
$749,900 3,479 0.25 - 0.5 acre 4 3 8 89 191 77
$559,900 2,608 8,000 - 10,000 sqft 4 2.5 14 153 245 63
$410,000 1,777 8,000 - 10,000 sqft 3 2 45 157 250 49