Price Trends - Sold vs Listed
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Market Inventory Trends
The number of active listings in Salt Lake City (84109) increased by 1.7% from the previous month.
The median number of days active properties have been listed is 42. This is significantly shorter than the national average.
The number of sales in May dropped by 88.6% from the previous month
Property Ownership
The percent of unoccupied properties is very low in Salt Lake City (84109) . It is -8.7% below the national average.
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