Top Large Teams in Utah – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1The Ames TeamRE/MAX AssociatesSt. George, UT$200,701,344View Profile
Lawson TeameXp RealtyPark City, UT$132,031,299View Profile
2Burnett GroupCENTURY 21 EverestSt. George, UT$125,295,118View Profile
3The Lawson TeameXp RealtyPark City, UT$119,510,032View Profile
4Elite TeamCENTURY 21 EverestCottonwood Heights, UT$112,973,882View Profile
5View Utah Listings TeamCENTURY 21 EverestCottonwood Heights, UT$75,312,927View Profile
6The Larkin GroupKeller WilliamsSt. George, UT$75,153,141View Profile
7Wilde TeamKeller WilliamsOrem, UT$70,294,503View Profile
8Josh Johnson TeamCENTURY 21 EverestCottonwood Heights, UT$53,074,555View Profile
9Peter Morkel Real Estate GroupKeller WilliamsOrem, UT$41,578,250View Profile
10Bustos Real EstateKeller WilliamsMidvale, UT$39,838,396View Profile
11Stringham Realty GroupBerkshire Hathaway HomeServices Utah PropertiesSalt Lake City, UT$32,881,752View Profile
12Emily Hayes HomesKeller WilliamsSouth Jordan, UT$30,392,396View Profile
13The Aaron Drussel GroupBetter Homes and Gardens Real Estate MomentumLehi, UT$28,997,736View Profile
14Utah Roost – SLCKeller WilliamsSalt Lake City, UT$24,180,978View 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

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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