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2018 Market Year In Review


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2018 Market Year In Review

Kenna Wagner

Kenna's career is dedicated to exceeding the buyer’s expectations and to always do what is right for the customer...

Kenna's career is dedicated to exceeding the buyer’s expectations and to always do what is right for the customer...

Jan 22 1 minutes read

Utah County Market Update

The housing market is complicated. Our goal is to make it less so.


The Stats are In

The Utah County Real Estate market is continuously changing. As we look back at 2018 compared to 2017 the numbers will amaze you! The average value across the board; including condo's, townhouses, new construction, and residential homes,  increased by 10.55%.  Home prices have continued to increase, but price drops are becoming more of a reality as affordability concerns are keeping showings down and some nervous buyers at bay.  We are starting to see an increase in inventory levels bringing the absorption rate to more of a neutral market vs being a seller's market.

Value

+ 10.55


Avg. Sold

$340,482

Avg. List

$388,890


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