Market Updates

Utah Real Estate Market Update | August 2024

Welcome to our Utah Real Estate market update where we go over real estate numbers for July 2024! In this update, we are taking a closer look at numbers from July of 2023 in comparison to July of 2024. Is the Real Estate Market heating up, even though the Summer heat is coming to an end? Let's dive into it.  New listings from July of  2023 to July of 2024 we saw an increase by approximately 10.7%,...

Utah Real Estate Market Update | July 2024

Welcome to our Utah Real Estate market update where we go over real estate numbers for June of 2024 and Quarter two of 2024!In this update, we are taking a closer look at numbers from June of 2023 in comparison to June of 2024 and we are also looking at the numbers for Q2 of 2023 and Q2 of 2024.One word to describe the Real Estate market at the moment is "Bipolar". However, amidst these trends, there...

Utah Real Estate Market Update | June 2024

Welcome to our June 2024 Utah Real Estate Market Update! In this update we go over current home prices, pending sales, inventory and more! In this update, we are taking a closer look at numbers from May of 2023 in comparison to May of 2024. It appears that sellers may be starting to feel some pressure. However, amidst these trends, there are still unique options available for buyers, especially considering...

UTAH REAL ESTATE MARKET UPDATE | MAY 2024

Welcome to our May 2024 Utah Real Estate Market Update! In this update we go over nationwide demand and supply, Utah's pending sales, closed sales, days on market, sales prices, and more! Comparing numbers for April of 2023 to April of 2024 we see pending sales jumping up by 3.1%, we are selling homes just as fast as they are coming onto the market. Along with pending sales, closed sales are going up as...

Utah Real Estate Market Update | April 2024

https://www.youtube.com/watch?v=xKmPr0lGhdg Welcome to our April 2024 Utah Real Estate Market Update! We chat interest rates, what the feds are saying, current trends, and we share some advice whether you are a buyer, seller, or investor! In this episode, we dive into the Q1 monthly indicators where we talk closed sales and median sales price for each county in Northern Utah between 2023 and 2024. We take...

Utah Real Estate Market Update | March 2024

Welcome to our March 2024 Utah Real Estate Market Update! As the weather starts to warms up here in Utah, the real estate market is starting to heat up as well! Paden and Ben look at numbers from February 2023 and compare them to February of 2024 in the Utah Real Estate Market! Things are starting to get a little bit more exciting and we aren't flat lining like we were the majority of 2023. This February...

Utah Real Estate Market Update | February 2024

Welcome to our February 2024 Utah Real Estate Market Update! Austin and Paden are diving into numbers from January 2024 and comparing them to January of 2023.As we compare inventory in January of 2023 to January of 2024, we're seeing a 10% increase in inventory. This stat shows us that there are more properties available at the beginning of this year compared to last year. Now that the holidays are behind...

Utah Real Estate Market Update | January 2024

Come along with us as we bring you our first Utah Real Estate Market Update of 2024.  Ben and Paden go over numbers from the month of December 2023. We hope you are having a great start to the New Year! In this episode, we compare December 2023 and December 2022 numbers. Pending sales have increased by 10%, while closed sales have seen a slight decline. The decline in closed sales could be due to...

Utah Real Estate Market Update | December 2023

Join Ben Larsen and Paden Anderson as they bring you our latest Utah Real Estate Market Update! Over the past month, the real estate market has demonstrated stability, with real estate numbers staying fairly consistent. However, discussions surrounding the potential decrease in interest rates slated for 2024 have captured the attention of both buyers and sellers. If these rates indeed drop, it is...

Utah Real Estate Market Update | November 2023

Check out our latest market update! Austin and Paden go over real estate numbers for October of 2023 in Utah. The real estate market in Utah has continued to stay pretty flat, meaning we haven't seen any big fluctuations in numbers. There was a small drop in interest rates, and, according to lenders, more mortgage applications have been coming in. Over the last 12 months, days on market have consistently...