Utah January 2021 Real Estate Market Update

Utah Real Estate Market Report January 2021
Park City
Summit Sotheby's International Realty

Utah Summit and Wastch County Real Estate Market Update for January 2021

Wasatch Back

Average Sold Price      January 2021   compared to   December 2018

                                 $1,472,828                           $1,132,486

Up 30% from Two Years Ago 

 

Wasatch Front

David, Salt Lake, and Utah Counties

Average Sold Price.     January 2021   compared to   December 2018

                                $    456,277                          $    357,289 

Up 27.7% from Two Years Ago

Park City

The Park City inventory problems continue this week as we drop to a new record low of 719 total Residential and Land listings for sale. Contracts are being written (98 this week) faster than the inventory (69 New Listings this week) can be replaced. So far this year we have written more than twice as many contracts (595 vs. 285) as we did last year through week 7.

 

 

 

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