We still are having a low percent of new listings being SOLD.  Currently 6.61% on a year over year comparision.  We need positive % in lists sold, with positive price action to confirm market bottom.

Please see data below.                                                                                 

                    PRICE ACTION

price

 

We need positive price action to confirm the market bottom.

Other good signs inaddition to price action, are positive action on % of new listings sold.

Lower DOM (days of the market) and lower new listings.

 

 

 

For more details or just to chat about market conditions please feel free to contact me.

Thank you

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Mark Watterson Utah Real Estate

Salt Lake City, UT

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Address: 5974 South 2700 West, Roy, UT, 84067

Office Phone: (801) 815-0411

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My Blog is designed to provide resources to enable you to make an informed buying and seller decisions. For comprehensive resources log to www.MarkWatterson.com or www.UtahMark.com


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