This week's signals
Strength 4 / 5
84 listings
Hurricane new listings +54.4% vs. 5-year average for this month
Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.
Strength 4 / 5
$506K
Murray median price -4.6% YoY
Price-per-sqft also -7.0% YoY, confirming real depreciation vs. mix-shift noise.
Strength 4 / 5
$520K
Provo avg sale price crossed $500K — now $520K
Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.
Strength 4 / 5
52 days
Provo homes taking 52 days to sell — +160.0% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Strength 4 / 5
$744K
Draper median price -25.6% YoY
Price-per-sqft also -1.3% YoY, confirming real depreciation vs. mix-shift noise.
Strength 4 / 5
$715K
Kaysville median price -7.0% YoY
Price-per-sqft also -3.2% YoY, confirming real depreciation vs. mix-shift noise.
Strength 4 / 5
$512K
Orem avg sale price crossed $500K — now $512K
Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.
Strength 4 / 5
134 listings
Washington new listings +71.8% vs. 5-year average for this month
Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.