Housing Market Stats

Posted by Help Now on Wednesday, November 14th, 2018 at 10:38am.

Curious about how the housing market is doing compared to last year?  Utah Real Estate.com released the September 2018 vs September 2017 stats.  The numbers are surprisingly very close. See the chart below:

 

2018

  Avg. Days on the market 19
  Single Family Homes Sold 2,735
  Multi-Family Homes Sold 825
  Months of Inventory 4.26
  Avg. Sold Price $304,700
  MLS Inventory: Active + Backup 10,472
  MLS Inventory: Under Contract 6,220

 

2017

Avg. Days on the market 21
Single Family Homes Sold 3,166
Multi-Family Homes Sold 934
Median Sold Price $269,200
MLS Inventory: Active + Backup 10,455
MLS Inventory: Under Contract 6,621

 

 

About the Author:

Utah Dave - Neighborhood ExpertUtah Dave - Daybreak Neighboorhood Expert and Local Resident

My friends nicknamed me Utah Dave in high school because they said it didn't matter where we went in Utah, I would know how to get there and who we needed to talk to. The name sticks today as UtahDave has formed into a professional real estate network of Neighborhood Experts all across the state. I live in Daybreak with my wife and 4 amazing children. I enjoy dancing (which is how I met my wife Dawn) as well as traveling, coaching, and learning.

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