RE/MAX Asssociates Utah’s Post

🏡 Utah Real Estate Market Update: October 2024 📊 Get the latest on the Utah real estate market! Here’s what's happening right now: 🔹 New Listings: 5,422 ⬆️ Up 14.9% from October 2023 – more inventory for buyers! 🔹 Median Sold Price: $502,750 ⬆️ A 2.5% increase year-over-year – home values continue to rise! 🔹 Homes Sold: 3,609 ⬆️ An 8.3% increase in sales compared to last year – strong market activity! 🔹 Days on Market (DOM): 46 ⬆️ A 5.7% increase – homes are staying on the market a little longer, giving buyers more time to make decisions. The Utah market is showing signs of growth, with rising values and more listings available. The increase in Days on Market suggests buyers have a bit more breathing room compared to last year. Stay tuned for more local insights! #UtahMarketUpdate #RealEstateTrends #UtahHousing #REMAXAssociates #REMAXUtah #GoldNation #OctoberUpdate

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