The weather changing is just part of the shift into the last quarter of 2020. Whew! The local Wasatch Front Real Estate Market shows no signs of slowing in price value. Both Davis & Salt Lake County had increases month over month from September. In addition the days a property is on the market dropped in October for Salt Lake County to 8 days and remained at 6 days for Davis County. Yes! Less than a week in Davis County. This is not a typical time frame and demonstrates the limited inventory that both markets display. Davis County has 21% fewer listings than 2019 and Salt Lake County is at 50% of 2019 inventory. WOW!
It will be very interesting to see how the market finishes out the 2020 year. If you have been considering Buying or Selling and are looking for more information. Contact Cindy DeHart at EXIT Realty Success 801-319-0026 to help you navigate the current market!
