MARKET REPORT 2024 Q2
Demand returned to pre-covid “normal levels". The six-month comparison for pended sales is actually 3% above pre-covid and closed sales are almost the exact same, being less than 1% of normal. However, each of our market segments have responded somewhat differently with an easy example of trend for number of sales between say Heber and Kamas.
42
Median Days On Market$1,734,500
Median Sold Price231
Number Of Sold Properties
1st Quarter of 2024
Median Days on Market | 76
Median Sold Price | $1,900,000
Numbers of Sold Properties | 158
4th Quarter of 2023
Median Days on Market | 65
Median Sold Price | $2,100,000
Numbers of Sold Properties | 115
3rd Quarter of 2023
Median Days on Market | 38
Median Sold Price | $1,600,000
Numbers of Sold Properties | 249
2nd Quarter of 2023
Median Days on Market | 33
Median Sold Price | $1,650,000
Numbers of Sold Properties | 179