Your June update on the Utah housing market statistics and trends.
Today, we’re here with your personalized June market update for the state of Utah. As you work to navigate this fluctuating market, it’s important to know where statistics are trending and how buyers and sellers are affected. Fortunately, we’re here to tell you everything you need to know.
Watch the full market update in the video above or skip to specific topics using these timestamps:
0:00 — Introduction
0:28 — Statistics for Salt Lake, Utah, and Davis counties
1:05 — Analyzing days on market
1:40 — Buyer’s vs. seller’s markets and today’s caveat
3:15 — Changes in prices and terms
4:31 — The truth about micro-markets
5:43 — How builders and permits have affected things
6:48 — A great incentive program in Utah
7:47 — Wrapping up
This information should help you navigate the market confidently and make informed decisions. If you have any questions, don’t hesitate to reach out! You can call or email us anytime, and we would be happy to hear from you.