Top Large Teams in Utah – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    3The Ames TeamRE/MAX AssociatesSt. George, UT 402.0View Profile
    6Elite TeamCENTURY 21 EverestCottonwood Heights, UT 210.9View Profile
    7Burnett GroupCENTURY 21 EverestSt. George, UT 202.2View Profile
    10The Larkin GroupKeller WilliamsSt. George, UT 156.2View Profile
    15Wilde TeamKeller WilliamsOrem, UT 130.1View Profile
    16View Utah Listings TeamCENTURY 21 EverestCottonwood Heights, UT 127.2View Profile
    18Lawson TeameXp RealtyPark City, UT 111.0View Profile
    20The Lawson TeameXp RealtyPark City, UT 97.0View Profile
    23Josh Johnson TeamCENTURY 21 EverestCottonwood Heights, UT 94.1View Profile
    27Peter Morkel Real Estate GroupKeller WilliamsOrem, UT 88.7View Profile
    31Bustos Real EstateKeller WilliamsMidvale, UT 82.3View Profile

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    2023 Utah Housing Market Summary

    Utah started 2023 with a total of 6,447 single-family homes on the market, with a median home price of $620,400 and an average price per square foot of $294. By the end of the year, inventory had decreased to 6,085 homes on the market (-5%), with a median home price of $650,000 (+4%) and an average price per square foot of $311 (+5%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had remained the same at 77 days.

    Utah started the year with 42% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 37% of Utah homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Utah started 2023 as a seller’s market, with an MAI score of 42; by the end of the year, the MAI had dropped to 37 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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