Salt Lake County Real Estate Market Update

Here is a brief update on the Salt Lake County real estate market:

• In the past year, the median sale price for homes is up to $227,000 from $213,000 at this time last year, an increase of over $14,000.
• The average final sale price of homes is up $25,000.
• With only 4 months of inventory on the market, Salt Lake County is in a sellers’ market.
• Properties are moving very quickly, sometimes within 24 hours of listing.
• The next 30 days are crucial if you’re looking to sell your Salt Lake home and move this summer.

Whether you’re a buyer or a seller, NOW is the time to act. Contact us at (801) 859-7509 or email us directly at josh@servingsaltlake.info.