As we kick off 2026, Utah’s real estate market continues to move toward a more balanced and sustainable pace. After years of rapid appreciation and limited inventory, the latest data shows a market that’s rewarding preparation, strategy, and patience — for both buyers and sellers.
According to the most recent statewide data from the Utah Association of REALTORS®, December 2025 closed the year with steady momentum and growing opportunity:
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New Listings: Up 6.8% year-over-year
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Closed Sales: Increased 5.1% year-over-year
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Median Sales Price: $515,000 (+2.8% YoY)
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Inventory: Up 9.4% statewide
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Average Days on Market: 72 days
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Months of Supply: 3.6
What This Means for Buyers
For buyers, increased inventory and longer market times translate to more options, less pressure, and stronger negotiating power. While interest rates and affordability still matter, buyers are no longer forced into rushed decisions or extreme competition in many areas. Preparation and timing are becoming just as important as speed.
What This Means for Sellers
Sellers are still benefiting from solid home values, but the approach has changed. Homes that are priced correctly, presented well, and marketed strategically continue to perform best. As inventory grows, buyers have more choices — making pricing and presentation critical to standing out.
A Market That Rewards Strategy
Overall, Utah’s market is entering 2026 in a healthy position. It’s no longer about chasing headlines or reacting emotionally — it’s about understanding the numbers, planning ahead, and making informed decisions that align with your long-term goals.
In our latest market update podcast, we break down these trends in more detail and discuss:
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Whether the market is leaning more buyer- or seller-friendly
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How to position yourself if you’re planning a move in 2026
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What to expect as the market continues to normalize
If you’re considering buying, selling, or just want to stay informed, our team is here to help you navigate the year ahead with clarity and confidence.
Here is some of the data we reference in the podcast.
December 2025 | Housing Supply Overview
December 2025 | Monthly Indicators
December 2025 | Q4: Quarterly Activity
Here’s to a strong, informed start to 2026 — and to making smart real estate moves in the year ahead.
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