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Updated about 3 years ago,

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214
Posts
154
Votes
Alan Walker
  • Real Estate Agent
  • Salt Lake City, UT
154
Votes |
214
Posts

Market of the Moment - 11/26/2021

Alan Walker
  • Real Estate Agent
  • Salt Lake City, UT
Posted

Today is the day to eat leftovers, watch Netflix and loosen your belt. The market however has tightened its grip on inventory. We are just above 300 active homes in Salt Lake County under 700,000.
It's true we always expect a tightening during the holidays, especially when snow hits the ground. This puts us back to where our inventory was earlier this year, in the land of 30 offers on a property.
Hard to say if that kind of hysteria will be back in place due to the holidays or if people buying in December, January and February are just more likely to get a home.