Top Large Teams in Utah – Ranked by Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
1The Larkin GroupKW St. George Keller Williams RealtySaint George, UT 201.0View Profile
2Wilde TeamKW Westfield Keller Williams Real EstateOrem, UT 163.1View Profile
3View Utah Listings TeamCENTURY 21 EverestCottonwood Heights, UT 138.3View Profile
4Josh Johnson TeamCENTURY 21 EverestCottonwood Heights, UT 108.8View Profile
5MoJo Real Estate GroupColdwell Banker RealtySalt Lake City, UT 100.0View Profile
6Peter Morkel Real Estate GroupKW Westfield Keller Williams Real EstateOrem, UT 95.5View 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.

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