Salt Lake City used to be one of the hottest real estate markets in the country, but now is ranked No. 116 out of 300 metros in the month of August, according to Realtor.com. Salt Lake is a “slightly hot” market that is “cooling down.” Median days on market is 30.5 days, with inventory moving 6 percent faster than last year and 30.5 days faster than the U.S. overall. Properties in the area receive an average number of views 0.7 times lower than the U.S. average. Courtesy Source Salt Lake Board of Realtors
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More than half of homes in America have at least 50% equity. Wondering how much equity you have? Let’s connect.
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