Shocking Year over Year Utah Housing Data - Utah Home Prices Down THIS MUCH... #utahrealestate

NEW REPORT: July 4, 2023 - Shocking Year over Year Utah Housing Data - Utah Home Prices Down THIS MUCH... You Won't Believe What's Happening. I’m comparing Year over Year numbers to show you how much things have changed. A year ago in May 2022, 4,059 homes were sold compared to 3,389 last month. That’s 670 fewer homes sold. A year ago, days on market was 6. So, it’s taking 17 days longer to sell a home today. The median price per sq.ft. a year ago was $244, so we are $18/sq.ft. lower than last May. In May 2022, the Median Sold price for a single-family home was nearly $600,000 compared to $541,000 today. The median sold price is still $57,500 lower than when the housing market was HOT last year. Looking at this data one might think the market is declining, but home prices have increased the last 4 months.

Watch the FULL in-depth Utah Housing Market Update HERE:

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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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