Too Many Home Buyers and Not Enough Sellers on the Wasatch Front
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Tight inventories resulted in falling real estate home sales across the Wasatch Front in Salt Lake City in the first three months of 2017 compared to the same period a year earlier, according to the Salt Lake Board of Realtors.

This is the strongest seller's market ever, to be a buyer is just brutal, competition is fierce for homes priced under $500,000.

If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sell is well below historic norms and buyer demand is skyrocketing. 

In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction including the inspection, appraisal and financing contingencies. 

Bottom Line - As a potential seller, you are in the driver's seat right now. It might be time to hit the gas.

Posted by Cindy Uriona on
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Park City Board of Realtors Logo The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Park City Board of Realtors®, All Rights Reserved. Access to the multiple listing information through this website is made available by BHHS Utah as a member of the Park City Board of Realtors® multiple listing service. No other entity, including a brokerage firm or any franchisor, may be listed in place of the specific Listing Broker on the foregoing notice. Terms of Use

Listing information last updated on June 12th, 2024 at 9:28am MDT.

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Information deemed reliable but not guaranteed accurate. Buyer to verify all information.

The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


Data is deemed reliable but is not guaranteed accurate by the Washington County Board of REALTORS®.
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