The Salt Lake Board of Realtors released the fourth quarter housing report and not surprising, the median single-family home price in Salt Lake County increased to $378,000.  That's up 8% from 2018's fourth quarter findings, where the median single-family home price was $350,000.  A strong demand for housing is driving this price increase with an anticipated 13,700 new residents projected to move into Salt Lake County in 2020. The typical Salt Lake home was on the market for 45 days in the fourth quarter before selling, compared to 40 days in 2018's fourth quarter.  

The following chart shows the median home price across the Wasatch Front:

At Daybreak Living, we’re proud to assist our clients with buying one of our numerous homes for sale from start to finish. We assist clients all the way from conceptualization and mortgage applications to seller’s accepting an offer and closing needs, ensuring you and your family are set up in the home of their dreams.

One element of this process that we regularly advise clients on: The home inspection, which is carried out by a third party after an offer on a home has been accepted by the seller. The goal of the home inspection is to identify any previously unseen issues that need to be addressed, allowing the buyer and seller to negotiate and potentially alter the sale price based on any such needs. And while you’re within your rights to raise any