There are as of 1 October 2008, 26 active homes on the market with another 8 homes under contract for a total of 34. By calculating what percentage of the total the 8 homes under contract are you know if Sunset is a buyers or a sellers market.
8 divided by 34 = 24%.
If the % is under 25 percent then it is a buyers market. If it's over 25% then it's a sellers market.
So Sunset, UT is currently experiencing a buyer's market.
To find out more about market conditions in Utah just give me a call at 801-540-3825.