Utah Housing Market Report July 2023
I'm going to go over how to sell a house fast with a realtor. I have what I call the three Ps that will sell any home, anywhere, fast.
Utah's new housing data was just released, and many of you are going to be surprised. I'm going to compare the most recent data to last month's numbers. Nearly 2,900 homes were sold in April 2023, and almost 3,400 homes were sold this last month. That's a month over month increase of about 500 houses sold. Ready to see what is on the market? Browse homes for sale in St. George.
Homes sold six days faster, dropping from 29 days to only 23 days. The median price per square foot jumped by more than $5 up to $225.96. The median sold price for a single family home increased by $4,000, going from $537,000 in April to $541,000 in May. This is the fourth consecutive month that home prices have increased.
If you're trying to time the market to get the best deal, you're too late. The data shows that you've already missed the bottom. Prices are increasing and homes are selling faster. If you need to buy a home, you need to start looking, well, yesterday.
Related Articles:
Featured Properties
St George, Utah housing market
A quick read on what homes are doing in St George right now — pulled live from the MLS.
Keep reading
More from the blog
Utah vs. New York City: A Cost-of-Living Showdown for Renters
Utah Winter Inversions: How Air Quality Can Affect Home Buying
Is the Great Salt Lake Drying Up? What Utah Buyers Should Know