As you can see from the graph below which analyzes the average number of days on the market it took for a listed home to sell, you can see that this is one statistic that has actually followed a pretty smooth pattern over the past 6 months.

Days on the market peaked in February at just over 60 days and then appears to have fallen slightly in March. This is all good news. Nationally, 60 days on the market is a really good figure.

I suspect that this number will slightly improve over the next few months as Spring and Summer historically do MUCH better than Fall and Winter.  (And I personally am busier right now than I was at this time last year... imagine that!)

 


Salt Lake County Data from WFRMLS Statistics as of 10:30pm 3/28/2007

 Days on the Market
Oct-0742
Nov-0745
Dec-0749
Jan-0859
Feb-0861
Mar-0858

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This post has been included in Utah Information Salt Lake County, UT Information

1 Comments on Salt Lake Real Estate Market Update - Days on Market

APR
04
2008
Thanks for the recent post!
9:11am • #1

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Benjamin Clark - Exclusive BUYER'S AGENT - Certified Negotiation Expert - SLC, UT

Salt Lake City, UT

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