The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Salt Lake County, Utah’s real estate market for May 2024.
The Median Sale Price for properties in Salt Lake County was documented at $625,000 for May 2024. This price point is an upward move of 1.6% from the previous month and shows a 4.4% rise from the year before.
738 homes were sold, an increase 7.7% from the previous month and a decrease of 7.6% from the prior year.
Furthermore, homes in Salt Lake County were on the market for an average of 23 days before selling, reflecting a decrease of 6 days days month-over-month and an increase of 3 days day year-over-year.
With the Market Pulse Score sitting at 108, the trend in Salt Lake County’s housing market seems to be rising.
For more information about the Salt Lake County, Utah market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
MyMarketPulse – What the Pros Know