New Report: Utah Home Prices UP $42,000 this YEAR!

NEW REPORT: August 31, 2023. New Report: Utah Home Prices UP $42,000 this YEAR in 2023. To help you understand the Utah housing market, I’m comparing the most recent data to the beginning of this year. In January 2023, 1,949 units were sold. In July 2023, 3,038 units were sold. 1,089 more homes sold this last month compared to the first month of the year. That’s not so crazy as January is usually slower. In January, it took 52 days for a house to sell compared to 24 days last month. So, homes are selling way faster. In January, the median price per sq.ft. was $216.36. The price/sq.ft. has increased by more than $11. The Median Sold price for a single-family home in January was $510,000. Currently, we are at $552,000. So, this year home values have increased $42,000. That is a significant jump. If you were trying to time the market, you’ve missed the bottom as Prices have increased every month this year.

Watch the FULL in-depth Utah Housing Market Update HERE: https://youtu.be/eXw1MU4tEXw

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Looking to Buy or Sell in UTAH? Call or Text me:
Ty Wilde - Utah Realtor - aka "Ty the Real Estate Guy"
801-995-2337
https://nextlevelutahrealestate.com/
Next Level Real Estate
@Wise Choice Real Estate

In nearly 20 years as a Realtor in Utah, I've helped 100's of people from all over the World. If you're looking to BUY, SELL, BUILD a HOUSE or INVEST in UTAH Real Estate, Call or Text Me @ 801-995-2337. I'd be HONORED to HELP YOU. I’m Ty the Real Estate Guy, Serving the Salt Lake City area, Utah County for YOUR Real Estate needs.

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