The summer selling season is still in full swing. Buyers are out and about and ready to write offers. The low end of the market ($250k and below) is still on fire. Average days on market in Utah for a home below $250k is in the teens. Homes are selling very well.
The mid price ranges ($250k-$500k) are also performing well with an average days on market of 21 days. The upper price ranges above $500k are still selling as well, but sellers just need to get more competitive on their asking prices in this range.
Our team closed on three sold listings sin the past 7 days. All had mutiple offers and sold for above asking price.
One of them was this Lehi home that had five offers in the first week. It sold for several thousands of dollars above asking…
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