Utah Realty Presents A Tale of Two Markets [INFOGRAPHIC]

A Tale of Two Markets [INFOGRAPHIC] | MyKCM

Some Highlights:

  • An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
  • Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
  • Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 85 consecutive months.

Is Utah Real Estate Finally Cooling Down?

Utah Real Estate prices remain high, but the pace of growth has clearly slowed in recent months. Median monthly mortgage payments in Utah have dropped, improving affordability for first-time homebuyers. Listings are up across Utah, giving buyers more options and...

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